Quantitative Trader - Equity Options

Selby Jennings; Chicago (IL); On-site; USD 200,000 - 320,000; Full time

Job summary

Selby Jennings in Chicago seeks an experienced quantitative trader to help build and scale its equity options business. You’ll shape pricing, risk, and trading strategies across a growing platform with autonomy.

Working closely with quants and developers, you’ll develop models, signals, and infrastructure to enhance execution and performance. A track record in equity options market making is essential. The role offers significant compensation and long-term growth opportunities.

Qualifications

• 3+ years of experience in Equity Options Market Making.
• BS/MS in a quantitative field such as Math, Stats, CS or Computational Finance.
• Strong understanding of options theory, volatility modeling, microstructure dynamics, and electronic execution.
• Experience with systematic or partially automated trading workflows.
• Growth-oriented attitude with increasing responsibility.

Responsibilities

• Trade and manage risk on equity options market making strategies.
• Support daily trading activities and position management for execution and risk control.
• Collaborate with quants and developers on models, signals, infrastructure, and automation.
• Partner with senior traders on strategy and own your book.

Skills

Equity options market making

Options pricing & volatility modeling

Electronic execution & order routing

Quantitative trading workflows

Education

B.S./M.S. in a quantitative field

Job description

A well regarded options market maker here in Chicago is seeking an experienced quantitative trader to help build and scale its equity options business. The firm has a strong track record across multiple asset classes and is now focused on expanding its platform with fresh strategies and new ideas. As a lean and highly collaborative organization they offer significant autonomy and ability to make an immediate impact. Supported by deep resources, established relationships, and proven infrastructure this role offers exceptional compensation and long term growth opportunities.

Key Responsibilities:

• Trade and manage risk on equity options market making strategies contributing to pricing, quoting, and inventory decisions
• Support daily trading activities and position management to ensure optimal execution and disciplined risk control
• Collaborate with quants and developers on models, signals, infrastructure, and automation to improve trading performance
• Partner with senior traders on strategy while taking ownership of your own book and responsibilities

Qualifications:

• 3+ years of experience in Equity Options Market Making
• B.S./M.S. in a quantitative field (Math, Stats, Computer Science, Computational Finance)
• Solid understanding of options theory, volatility modeling, microstructure dynamics, and electronic execution
• Strong technical aptitude, including experience working with systematic or partially automated trading workflows
• A growth-oriented attitude with the drive to take on increasing responsibility over time