Quantitative Trader/Researcher – Systematic Options Trading

Optiver; Chicago (IL); On-site; USD 180,000 - 220,000; Full time

Benefits offered by this job

Health coverage

Dental coverage

Vision coverage

401(k) match

Vacation days

Job summary

Optiver is expanding its Systematic Options Trading Team with Quantitative Researchers and Traders to drive growth. You will design and optimize automated trading systems, collaborating with options traders and engineers across a global platform.

The role emphasizes rigorous quantitative work, machine learning techniques, and cross-department collaboration within a high-performance trading environment.

Qualifications

• 3+ years of index options experience focused on systematic trading.
• BS, MS, or PhD in a quantitative or technical field.
• Strong analytical and mathematical skills applied to trading problems.
• Proficient in programming (Python, C++, or similar).
• Collaborative team player with experience working across departments.
• A self-starter who identifies opportunities to make an impact.

Responsibilities

• Design, develop, and refine systematic trading strategies to optimize market reactions, order placement, and execution to maximize trading performance.
• Utilize modelling, machine learning, and other techniques to gather insights from data in this pursuit.

Skills

Index options trading

Quantitative analysis

Programming (Python/C++)

Cross-functional collaboration

Self-starter

Education

BS/MS/PhD in quantitative/technical field

Tools

Python

C++

Job description

Optiver is expanding its Systematic Options Trading Team and seeking exceptional Quantitative Researchers and Traders to drive its next phase of growth. You’ll join a team at the forefront of designing and optimizing our automated systems that work autonomously or alongside our operational options traders. With significant resources, cutting-edge infrastructure, and a collaborative environment, you'll help shape the direction of our trading systems and execution models.

What You’ll Do

• Design, develop, and refine systematic trading strategies to optimize market reactions, order placement, and execution in order to maximize trading performance
• Utilize modelling, machine learning, and other techniques to gather insights from data in this pursuit

What You’ll Get

You’ll join a culture of collaboration and excellence, surrounded by curious thinkers and creative problem-solvers. Motivated by a passion for continuous improvement, you’ll thrive in a supportive, high-performing environment alongside talented colleagues, collectively tackling some of the toughest challenges in the financial markets.

• The opportunity to work alongside best-in-class professionals from over 40 different countries
• A highly competitive compensation package
• Global profit-sharing pool and performance-based bonus structure
• 401(k) match up to 50%
• Comprehensive health, mental, dental, vision, disability, and life coverage
• 25 paid vacation days alongside market holidays
• Extensive office perks, including breakfast, lunch and snacks, regular social events, clubs, sporting leagues and more

Who You Are

• 3+ years of index options experience focused on systematic trading
• BS, MS, or PhD in a quantitative or technical field
• Strong analytical and mathematical skills, with a track record of applying them to trading problems
• Proficient in programming (Python, C++, or similar)
• Collaborative team player with experience working across departments and partnering closely with development
• A self-starter who identifies opportunities to make an impact

Who We Are

At Optiver, our mission is to improve the market by injecting liquidity, providing accurate pricing, increasing transparency and stabilizing the market no matter the conditions. With a focus on continuous improvement, we prioritize safeguarding the health and efficiency of the markets for all participants. As one of the largest market making institutions, we are a respected partner on 100+ exchanges across the globe.

Our differences are our edge. Optiver does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, physical or mental disability, or other legally protected characteristics.

Below is the expected base salary for this position. This position will also be eligible for a discretionary bonus and Optiver’s benefits package with the benefits listed above.

Base Salary Range

$200,000—$200,000 USD