Quantitative Trader: Market-Making, Options & Risk Tools

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

Benefits offered by this job

Fully paid Medical, Dental, Vision,Diff

On-site meals

Tuition Reimbursement Program

401(k) with employer match

Paid Vacation, Sick, Parental leaves

Commuter & Flexible Spending Programs

Job summary

Old Mission Capital is seeking a quantitative market-maker to implement and calibrate pricing-driven strategies across CME options on futures. You will collaborate with quants and developers to build pricing models and desk tooling for risk management and opportunity identification.

The role requires 1–4 years in algorithmic trading with strong options theory, plus proficiency in Python, C++, Java, or Matlab, and a collaborative, high-ethics mindset.

Qualifications

• Undergraduate or advanced degree in a quantitative field (CS/engineering/science).
• 1-4 years of trading experience with algorithmic trading and options theory.
• Proficiency in Python, C++, Java, VBA, Matlab, or Ruby.
• Strong teamwork and problem-solving in high-pressure environments.
• Proven integrity and high ethical standards.

Responsibilities

• Implement and calibrate systematic market-making strategies for CME options on futures.
• Develop pricing models with the quantitative research team.
• Build desk tooling for pricing, risk management, and opportunity identification.
• Manage fixed income volatility portfolios across assets with varying liquidity profiles.
• Analyze macroeconomic indicators and central bank policies affecting rate volatility surfaces.
• Manage trading risks by adhering to risk management policies and limits.
• Ensure compliance with regulatory requirements and internal policies.
• Collaborate with traders, quants, and developers; leverage a sophisticated trading platform to source liquidity.

Skills

Python

C++

Java

VBA

Matlab

Ruby

Team collaboration

Algorithmic trading

Education

Bachelor's or advanced degree in quantitative field (CS/engineering/science)

Job description

Old Mission Capital is seeking a quantitative market-maker to implement and calibrate pricing-driven strategies across CME options on futures. You will collaborate with quants and developers to build pricing models and desk tooling for risk management and opportunity identification.

The role requires 1–4 years in algorithmic trading with strong options theory, plus proficiency in Python, C++, Java, or Matlab, and a collaborative, high-ethics mindset.