Quantitative Trader – Market-Making & Rates Volatility

Old Mission; Chicago (IL); On-site; USD 150,000 - 200,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

Disability Insurance

Life Insurance

Free meals on-site

Tuition Reimbursement

401(k) with match

Paid vacation and parental leaves

Commuter benefits

Flexible Spending Program

Job summary

Old Mission is a global proprietary trading firm with offices in Chicago, New York, and London. We seek a trader/designer who will implement market-making strategies in CME options on futures and build pricing models with our quantitative team.

You will develop desk tools, manage fixed income volatility portfolios, analyze macro factors, and ensure compliance with regulations while collaborating closely with traders, quants, and developers.

Qualifications

• Undergraduate or higher degree in a quantitative field such as computer science, engineering, or hard sciences.
• 1-4 years trading experience with algorithmic trading and knowledge of options theory.
• Proficiency in Python, C++, Java, VBA, Matlab, or Ruby.

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 opportunities identification.
• Manage a portfolio of fixed income volatility products across assets with varying liquidity.
• Analyze macro indicators and central bank policies impacting rate volatility surfaces.
• Manage trading risks by setting limits and following risk policies.
• Ensure trading activities comply with regulations and internal policies.
• Collaborate with traders, quants, and developers.
• Leverage a sophisticated trading platform to access liquidity across exchanges.

Skills

Python

C++

Java

VBA

Matlab

Ruby

Education

Quantitative field degree

Job description

Old Mission is a global proprietary trading firm with offices in Chicago, New York, and London. We seek a trader/designer who will implement market-making strategies in CME options on futures and build pricing models with our quantitative team.

You will develop desk tools, manage fixed income volatility portfolios, analyze macro factors, and ensure compliance with regulations while collaborating closely with traders, quants, and developers.