Quantitative Trader – High Frequency Futures

Trading Interview; Chicago, Northern (IL, KY); Hybrid; USD 150,000 - 200,000; Full time

Benefits offered by this job

Competitive salary

Generous paid time off

100% health coverage

401K and Roth 401K

Profit sharing

On-site gym

Free breakfast and lunch

Company events

Job summary

Wolverine Trading, founded in 1994, seeks highly skilled individuals to join a research effort focused on generating high frequency alphas for futures markets. You will influence the direction of a newly formed team and participate in data analysis, back-testing, and production implementation.

The role requires 2+ years of alpha development experience, CME knowledge, and strong statistics/ML expertise. Competitive salary, plus comprehensive benefits and on-site collaboration in Chicago.

Qualifications

• 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 Python, R, or MATLAB.
• Proficiency in at least one statistical package and one ML package in the listed languages.
• Demonstrated experience working with tick data.
• Experience developing software in an object-oriented language is a plus.

Responsibilities

• Conduct financial data analysis on large datasets to generate profitable trading alphas.
• 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 datasets.
• Contribute to futures trading technology stack architecture.

Skills

Python

R

MATLAB

Statistics

Machine learning

Tick data

Quantitative analysis

Education

Bachelor's degree in Statistics, Computer Science, Mathematics or Engineering

Job 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.
• 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.

• 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
• Retirement Plans: 401K and Roth 401K
• Profit sharing plan
• Long- and short-term disability
• 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.

This description was published by Wolverine Trading.

Wolverine Trading was founded in Chicago in 1994 and operates at the intersection of financial markets and advanced technology. Its proprietary trading group engages in market making and valuation arbitrage…