Quantitative Trader (options, futures, equities or commodities) for MM firm

HRB; Chicago (IL); On-site; USD 125,000 - 150,000; Full time

Job summary

Join a dynamic prop trading firm as a Quantitative Trader, where you'll leverage your trading intuition and quantitative skills to enhance trading strategies. This role is ideal for those who thrive in collaborative environments, as you'll work alongside traders, quants, and technologists to tackle complex market challenges. Your contributions will directly influence the profitability of a cutting-edge electronic trading operation, allowing you to engage in continuous improvement and innovation. If you're passionate about trading and eager to make a significant impact in a fast-paced market, this opportunity is perfect for you.

Qualifications

• Experience in quantitative trading within the derivatives industry.
• Strong analytical skills and proficiency in Python and SQL.

Responsibilities

• Drive profitability through innovative trading strategies and quantitative analysis.
• Conduct research to improve and deploy new trading strategies.

Skills

Quantitative Trading Knowledge

Analytical Problem-Solving

Statistics Knowledge

Python Programming

SQL Proficiency

Communication Skills

Tools

Data Analysis Tools

Job description

Our client is a leading prop trading firm thathelps the world price and manage risk. Their culture is highly collaborative across traders, quants, technologists and development teams who work together to solve the toughest problemsmarkets have to offer.

The Role

We are seeking an experienced Quantitative Trader to join one of ahighly profitable options market-making desks. Trading teams require individuals that can marry trading intuition, quantitative research and technical acumen in order to capitalize on short and medium-term opportunities in volatility market making. This role offers an outstanding opportunity in leadership, strategy development and risk management in a team trading environment where collaboration and continuous improvement are greatly rewarded.

What You’ll Do

• Build on your previous research and trading experience to drive the profitability of a highly electronic trading operation.
• Drive a rapid innovation cycle that produces demonstrable wins through the feedback loops of quantitative research/analysis, trading, post-trade analysis, and iterative workflows.
• Conduct research and experiments to improve existing strategies and deploy new strategies that monetize opportunities in a constantly evolving market environment.
• Build data-based tools and workflows to further systematize our approach to trading and risk management.
• Apply quantitative research and modeling to solve core problems in order to set us up for flexibility and innovation in the medium to longer term.
• Learn from an experienced team with a diverse knowledge base across trading, quant, and technology

What We’re Looking For

• Quantitative trading knowledge and intuition within the derivatives industry
• Strong analytical problem-solving skills including a solid foundation of statistics knowledge
• Proficiency in Python and ability to use SQL; able to use these skills to manipulate large datasets and build lightweight tools for analysis
• Familiarity with market microstructure on various CFTC and SEC trading exchanges
• A desire to operate as part of a team of smart, highly driven peers, commensurate with our culture
• Ability to learn from mistakes and continuously improve
• Excellent communication skills with the ability to collaborate across all the disciplines in the firm