Senior Options Pricing Engineer: Low-Latency & Impact

Edgehog Trading; Chicago (IL); On-site; USD 150,000 - 175,000; Full time

Benefits offered by this job

Small team access

Ownership from day one

Cutting-edge technology

Job summary

Edgehog Trading in Chicago, IL, is seeking a senior quantitative developer to design and optimize pricing models for electronic options market making. You will build robust models, validate prices, and collaborate with traders and other developers to ensure results are precise and interpretable in real time.

The role emphasizes production-grade coding in C++ and Java, cross-functional teamwork, and ownership of core components of the pricing library.

Qualifications

• 5+ years of experience in a trading environment focusing on pricing models.
• Degree in computer science, mathematics, or a related field.
• Solid understanding of options pricing principles or modeling for other derivatives.
• Expertise in C++ and/or Java, emphasizing high-quality production code and optimized scalability.
• Proven ability to work in cross-functional teams, particularly alongside traders and other technical experts.
• Excellent analytical abilities and talent for transforming intricate concepts into functional systems.

Responsibilities

• Create and optimize efficient algorithms for valuation and managing risks across a diverse range financial instruments.
• Design and enhance models that accurately reflect asset values and risks in practical market scenarios.
• Collaborate with traders and other developers to deliver model results that are precise, interpretable, and consistent with real market dynamics.
• Take ownership of essential elements in our pricing library, used across all trading desks.
• Produce dependable and scalable code in Java and C++

Skills

Pricing models

Cross-functional teamwork

Analytical thinking

Production-grade coding

Mentoring/ownership

Education

CS/Math degree

Tools

C++

Java

Job description

Edgehog Trading in Chicago, IL, is seeking a senior quantitative developer to design and optimize pricing models for electronic options market making. You will build robust models, validate prices, and collaborate with traders and other developers to ensure results are precise and interpretable in real time.

The role emphasizes production-grade coding in C++ and Java, cross-functional teamwork, and ownership of core components of the pricing library.