The Junior Hybrid Trader’s time is balanced between the development teams, learning best practices in software development, and the trading desks, implementing the most sophisticated trading strategies. The Hybrid position is the perfect opportunity for the highly quantitative and competitive individual who wants to build a broad base of skills for a successful tenure in the financial industry.

What our Junior Hybrid Traders do

Our Junior Hybrid Traders are assigned to specific quantitative development projects while learning concepts behind our core market-making operations. They are expected to quickly learn the critical aspects of option pricing and financial engineering, both on a theoretical level and in application with Belvedere’s various strategies.  This position gives direct access to Position Managers and software development Team Leads to complete their broad training eventually leading to a permanent entrepreneurial role as a Quant Trader, Electronic Trading Strategist, or a high-powered Trade Logic Developer.

More specifically, our Junior Hybrid Traders

• Engage in continuous, hands-on training that includes education on option valuation, game theory, hedging, portfolio analysis, and simulated trading games
• Assist with order execution, position management, desk strategy meetings, trade checking, and trade reconciliations
• Actively learn and engage in both the trading and technology desks to gain a broad perspective of the marketplace and our code-base
• Communicate with technology team members to enhance trading software
• Learn the basics of design, implementing and testing enterprise software
• Develop strong architecture and development skills
• Lead and participate in special projects that enhance trader facing technologies
• Participate in quantitative research and the application of quantitative strategies

Key qualities in great candidates

• Effective communication skills and a team-oriented attitude
• Strong quantitative, analytical, and problem-solving skills
• Demonstrated participation in strategic competitive activities
• Training or demonstrated ability to learn languages such as C++, C#, and Python
• Knowledge of the financial markets and trading industry is a plus, but not a prerequisite
• Graduation date of December 2019 or May/June 2020
• Regular on-site attendance is an essential function of this position

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 commodity, 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.

You should know we’ve created a company and a culture that we love. One that we want you to strive and thrive in, regardless of your position or tenure. Team 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.

• Sponsorship is not available for this position
• All candidates must have GPA listed on their resumes
• No third-party recruiters