Junior Option Quantitative Analyst
Junior Option Quantitative Analyst
Belvedere Trading, a proprietary trading firm located in the Chicago Loop, is looking for innovative individuals to join our quantitative research analyst group. Team Belvedere is committed to developing the sophisticated systems and the analytical tools necessary to price option and automate trading strategies on a high frequency/low latency trading platform. As part of the team, you will use quantitative models to engage in economic analysis and employ large data sets to assess the trading markets. This individual would also develop, validate and implement these strategies by applying econometrics, statistics and stochastic modeling techniques to the financial data.
What you'll do
- Responsible for option modeling for multiple products such as indices, commodities, and equities
- Design and develop statistical models of financial data to devise and back test trading strategies
- Run tactical tests for traders and massive grid computing
- Use stochastic methods, correlated mathematics, and statistics
- Understand and work on issues ranging from methodology and technology questions, to new functionality, features and enhancement requests to present and futures business needs and requirements
- Research and interpret academic literature on related finance and accounting subjects
- Generate ideas for quantitative equity strategies related to stock market effects, financial statements, market microstructure, and other subtle marketplace changes
- Develop, validate, and implement these strategies by applying econometrics, statistics and stochastic modeling techniques to the financial data
What you'll need
- 0-3 years of experience developing algorithms in Python or C# or C++
- Ph.D. or Master’s level degree in Financial Mathematics/Computational Finance/Mathematics preferred
- Demonstrated experience analyzing large statistical data sets
- Experience with options modeling
- Strong communication, analytical and problem-solving skills
- Confident team player motivated by a fast-paced environment
- Extra Credit: experience working on a listed equity/index options trading desk
Who we are
Belvedere Trading is a leading proprietary trading firm proudly headquartered in downtown Chicago. Our traders work hard to provide liquidity to the market through their market making activities and are the masters of a diverse set of commodities, interest rate, exchange traded fund (ETF), and equity index options. You name it, we trade it. This wouldn’t be possible without the dedicated efforts of our technology teams who utilize and perfect our innovative technology solutions.
Not sure what this means? No sweat. Our in-house learning and development team, Belvedere Trading University (BTU), will teach you most everything you need to know.
Our Stance
Belvedere is an Equal Opportunity Employer and is committed to providing a non-discriminatory employment environment for its employees. Discrimination against employees and applicants due to race, color, religion, sex, national origin, disability, age, military, and veteran status is prohibited. Belvedere encourages initiatives to increase diversity and provide equal opportunity to all applicants and employees. Belvedere is committed to providing a positive environment in which team members are treated with respect, dignity, and courtesy. Our firm believes in a dynamic culture of inclusion and diversity, where people thrive on individual and organizational characteristics, values, experiences, and backgrounds.
Please note that Belvedere Trading does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resumes will become the property of Team Belvedere. No phone calls, please.