Quantitative Trader - High Frequency Futures

Wolverine Trading, LLC; Chicago (IL); On-site; USD 150,000 - 200,000; Full time

Benefits offered by this job

Competitive salary

Discretionary bonus

Medical/dental/vision insurance

401K

Paid time off

On-site facilities

Job summary

Wolverine Trading, LLC in Chicago, IL seeks a Quantitative Trader specialized in high frequency futures to join a newly formed research team. You will generate and implement short-term alphas across futures markets, from idea to production, leveraging large-scale data and advanced statistics.

The role demands 2+ years of alpha research experience, strong CME microstructure knowledge, Python/R/MATLAB proficiency, and a track record with tick data. Competitive base salary with discretionary bonus.

Qualifications

• 2+ years of experience generating or implementing short-term trading alphas into production strategies.
• Knowledge of CME market microstructure.
• Advanced knowledge of modern statistical and machine learning techniques.
• Proficiency in Python, R, or MATLAB.
• Proficiency in at least one statistical package and one ML package in one of the above languages.
• Experience working with tick data.
• Degree in a quantitative discipline such as Statistics, Computer Science, Mathematics, or Engineering.
• Experience developing software systems in an object-oriented language is a plus.

Responsibilities

• Conduct financial data analysis on large datasets to generate profitable trading alphas.
• Define key metrics for model validation.
• Back-testing and production performance monitoring.
• Contribute to in-house data analysis packages and research framework development.
• Acquisition of new data sets and cleaning/maintenance of data sets.
• Contribute to futures trading technology stack architecture.

Skills

CME market microstructure

Python/R/MATLAB

Machine learning

Statistical analysis

Tick data experience

OO programming

Alpha research

Trading strategies

Education

Quantitative degree (Statistics/CS/Math/Engineering)

Tools

In-house data analysis packages

Job description

Quantitative Trader - High Frequency Futures

Department: Trading

Employment Type: Full Time

Location: Chicago, IL

Description

We are looking for highly skilled and experienced individuals to join a research effort focused on generating high frequency trading alphas in the futures markets. The ideal candidate has direct experience in the alpha research process and understands the workflow from idea generation to production implementation. This opportunity will provide the right candidate the chance to have a large impact on the direction and productivity of a newly formed effort within a successful proprietary trading firm.

What You’ll Do

• Conduct financial data analysis on large datasets to generate profitable trading alphas.
• Define key metrics for model validation
• Back-testing and production performance monitoring
• Contribute to in-house data analysis packages and research framework development
• Acquisition of new data sets and cleaning/maintenance of new and existing data sets.
• Contribute to futures trading technology stack architecture

What We’re Looking For

• At least 2+ years of experience generating or implementing short term trading alphas into production trading strategies
• Knowledge of CME and related market microstructure required.
• Advanced knowledge of modern statistical and machine learning techniques
• Proficiency in a scripting language such as Python, R, or MATLAB.
• Proficiency in at least one statistical package and one machine learning package in one of the above languages.
• Demonstrated experience working with tick data.
• Degree in a quantitative discipline such as Statistics, Computer Science, Mathematics, Engineering, etc.
• Experience developing software systems in an object-oriented language is a plus.

Why Join Us

Our flat organizational structure promotes teamwork across the Firm and offers easy access to senior staff. While we work exceptionally well as a team in the office, our bonds are further strengthened through company events, activities and giving back. Volleyball, soccer, hockey, 5K runs, picnic, parties, and trivia nights provide friendly competition and build better relationships. By getting out of our usual environment and doing out-of-the-ordinary things together, we foster creativity and broaden our imaginations to accomplish new challenges.

Benefits:

• Highly competitive salary & bonus opportunity
• Generous paid time off and flexible scheduling
• 100% coverage of medical, dental, vision, life, and disability benefits for single coverage
• Generous Paid Parental Leave
• Retirement Plans: 401K and Roth 401K
• Profit sharing plan
• Long- and short-term disability

Additional Perks:

• Free breakfast and lunch from our in-house kitchen with rotating menus (including snacks!)
• On-site gym with a subsidized membership
• Frequent company outings
• Opportunity to give back to organizations that help individuals in need in the Chicagoland area

Professional Development:

• In-house education team – classes and resources are offered for continuous learning opportunities
• Mentorship Program through your first six months of employment

The base compensation range for this role is approximately $150,000-$200,000 contingent on experience. Wolverine Trading's total compensation model includes base salary and an annual discretionary bonus.