Quantitative Trader - Entry Level 2027

Belvedere Trading; Chicago (IL); On-site; USD 119,000 - 161,000; Full time

Benefits offered by this job

Discretionary bonuses

Job summary

Belvedere Trading, headquartered in downtown Chicago, is seeking Quantitative Traders to join our technology-driven trading team. You will develop trading logic, electronic strategies, and quantitative research to support market making across commodities, interest rates, ETF, and equity index options.

This role emphasizes collaboration, data analysis, and continuous learning, with opportunities to work on large data sets, participate in strategy meetings, and apply AI tools to improve trading

Qualifications

• Strong quantitative problem-solving and data analysis skills.
• Willingness to relocate to Chicago.
• Interest in finance and markets.

Responsibilities

• Daily trading activities – Assist with order execution, trade checking and trade reconciliations.
• Desk strategy – Participate in strategy meetings and collaborate with your team on their position management.
• Development projects – Lead and participate in quantitative development projects that enhance trader facing technologies.
• Research – Engage in quantitative research and the application of quantitative strategies while learning concepts behind our core market making operations
• Data Analysis – Perform analyses on large data sets and pull insights to support our trading strategies
• Training – Engage in continuous, hands-on training including option valuation, game theory, hedging, portfolio analysis, and simulated trading games
• Collaborate – Partner with teammates to exchange ideas, solve problems, and contribute to a high-performing team environment

Skills

C++

C#

Python

AI fluency

Data analysis

Teamwork

Communication

Job description

Belvedere Trading is a leading proprietary trading firm proudly headquartered in downtown Chicago. Our traders work hard to provide liquidity to the market through their market‑making activities and are the masters of a diverse set of commodities, interest rates, exchange‑traded funds (ETF), and equity index options. From the beginning, we began iteratively investing in our proprietary technology and committing to building our systems from the ground up. Our trading models and software systems are continually re‑engineered, optimized, and maintained to stay on top of the industry. This wouldn’t be possible without the dedicated efforts of our technology teams who utilize and perfect our innovative technology solutions.

High‑performance proprietary trading and development is the source of our success and competitive advantage at Belvedere, further fueling our passion for performance. We are a team driven by intellectual curiosity, seeking answers that will change not only how we trade in this technological age, but also the future landscape of the trading industry.

At Belvedere Trading, Quantitative Traders are some of the industry’s most quantitative problem solvers. We created this unique role to foster collaboration across our proprietary technology and trading teams. As a result, our Quantitative Traders are at the forefront of technology immersion as they learn best practices in software development. Quantitative Traders also implement the most sophisticated trading strategies and focus on projects related to trading logic development, electronic trading strategies, and quantitative research. If you love technology and financial markets, then this position might be for you.

What our Quantitative Traders do

• Daily trading activities – Assist with order execution, trade checking and trade reconciliations
• Desk strategy – Participate in strategy meetings and collaborate with your team on their position management
• Development projects – Lead and participate in specific quantitative development projects that enhance trader facing technologies
• Research – Participate in quantitative research and the application of quantitative strategies while learning concepts behind our core market making operations
• Data Analysis – Perform analyses on large data sets and pull insights to support our trading strategies
• Training – Engage in continuous, hands‑on training that includes education on option valuation, game theory, hedging, portfolio analysis, and simulated trading games to quickly learn the aspects of option pricing and financial engineering, both on a theoretical level and in application with Belvedere’s various strategies
• Collaborate – Partner with teammates to exchange ideas, solve problems, and contribute to a high‑performing team environment

Key qualities in great candidates

• Communication – We need people who can speak confidently and concisely, especially when the stakes are high
• Analytical – We’re looking for quantitative thinkers and master problem‑solvers with strong data analysis skills
• Team Player – Trading and development are not isolated activities at Belvedere, so great candidates will have demonstrated success in working in team‑based environments
• Core development skills – You will need some training or a demonstrated ability to learn programming languages such as C++, C#, and Python
• AI Fluency – Effectively use AI tools to improve efficiency and effectiveness while maintaining independent judgement
• Knowledge of the financial markets and trading industry is a plus, but not a prerequisite
• Ability to live in or relocate to Chicago
• Graduation date of December 20 26-Spring 2027

$140,000 - $140,000 a year

Additionally, certain positions at Belvedere Trading are eligible for discretionary bonuses. Our employees have access to a variety of benefits, which can be found on our website here.

Women and underrepresented groups frequently apply to jobs only if they meet 100% of the qualifications.

Core Values

The secret to our award‑winning culture is our Core Values: Team Belvedere, Me In Team, Own It, Build Rockets, and Passionate Discourse. We live and breathe these values every day.

Compliance

For our trading positions and certain engineering roles, the SIE and Series 57 licenses are required; Belvedere Trading will provide comprehensive study materials and allocate dedicated time during the onboarding process to ensure your success in obtaining these certifications.

Our Stance

Belvedere is an Equal Opportunity Employer and is committed to providing a non‑discriminatory employment environment for its employees. Discrimination against employees and applicants due to race, color, religion, sex, national origin, disability, age, military, and veteran status is prohibited. Belvedere encourages initiatives to increase diversity and provide equal opportunity to all applicants and employees. Belvedere is committed to providing a positive environment in which team members are treated with respect, dignity, and courtesy. Our firm believes in a dynamic culture of inclusion and diversity, where people thrive on individual and organizational characteristics, values, experiences, and backgrounds.

Please note that Belvedere Trading does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resumes will become the property of Team Belvedere. No phone calls, please.

Regular and reliable attendance during business hours with the ability to be on‑site prior to the start of business on occasion

Ability to remain at a desk and concentrate for long periods of time

None

Sponsorship: Yes