Quantitative Trader - Entry Level 2027

Socket.dev; Chicago (IL); On-site; USD 180,000 - 240,000; Full time

Benefits offered by this job

Discretionary bonuses

Job summary

Belvedere Trading in Chicago seeks quantitative traders to join a high-performance team. You will engage in daily order execution, trade checks, and data-driven strategy development, collaborating across development and trading disciplines to optimize market-making activities.

The role emphasizes hands-on training in option pricing, hedging, and financial engineering. Candidates should be strong programmers (C++, C#, Python) with data-analysis skills, an interest in AI-enabled trading, and a

Qualifications

• Strong programming skills in C++, C#, Python
• Familiarity with AI tools to improve efficiency
• Solid data analysis capabilities
• Interest in quantitative trading concepts

Responsibilities

• Daily trading activities - assist with order execution and trade checks
• Desk strategy - participate in strategy meetings and position management
• Development projects - lead/participate in projects improving trader-facing tech
• Research - participate in quantitative research and application of strategies
• Data analysis - analyze large data sets to support trading strategies
• Training - engage in ongoing training on option pricing, hedging, and financial engineering
• Collaborate - work with teammates in a high-performing, team-based environment

Skills

C++

C#

Python

AI tools

Data analysis

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.

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 language s 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

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.

We encourage you to break that mold and apply. No candidate is perfect; all have a lot to offer.

We welcome your application.

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.

Work Schedule:

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

Physical:

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

Amount of Travel Required:

None

Sponsorship

Yes