Volatility Quant Trader — Apprenticeship to PM

Walleye Capital Internships; New York (NY); On-site; USD 180,000 - 220,000; Full time

Benefits offered by this job

Competitive bonus

Comprehensive benefits package

Job summary

Walleye Capital is seeking a Quantitative Trader to join an Index Volatility team in New York. This role is an apprenticeship-style seat, working directly with a Volatility Portfolio Manager and partnering with Quantitative Research and Technology to research, develop, and automate alpha-generating trading strategies.

The ideal candidate will have strong statistical, analytical, and modeling skills, a passion for systematic investing, and interest in developing discretionary trading judgement

Qualifications

• Proficiency in statistical analysis and modeling of time series financial data in Python is required.
• Solid understanding of options and volatility concepts, including pricing, greeks, and volatility surface dynamics, is required
• Experience performing quantitative research or trading at a leading firm is preferred
• Strong communication skills, such as ability to clarify task requirements, communicate research findings, and propose solutions to challenges, are required
• Demonstrated interest in decision-making under uncertainty, whether through trading, competitive games, or comparable experience, is preferred

Responsibilities

• Work directly with portfolio manager to research, design, and automate alpha-generating strategies across volatility markets
• Manipulate proprietary and public data to build custom datasets for use in research, signal development, and daily trading
• Build predictive models of volatility surfaces and asset prices across short, medium, and long-term horizons using regression and machine learning techniques
• Partner with portfolio manager on live trading, risk, and positioning decisions, developing discretionary judgement alongside systematic research
• Assume increasing autonomy over time, with a path to operating a secondary book and direct risk-taking responsibility

Skills

Python

Options & Volatility

Quantitative Research

Communication Skills

Decision Making

Job description

Walleye Capital is seeking a Quantitative Trader to join an Index Volatility team in New York. This role is an apprenticeship-style seat, working directly with a Volatility Portfolio Manager and partnering with Quantitative Research and Technology to research, develop, and automate alpha-generating trading strategies.

The ideal candidate will have strong statistical, analytical, and modeling skills, a passion for systematic investing, and interest in developing discretionary trading judgement