BlackEdge Capital Logo

BlackEdge Capital

Graduate Quantitative Researcher 2027

Posted 2 Days Ago
Be an Early Applicant
In-Office
Chicago, IL, USA
Entry level
In-Office
Chicago, IL, USA
Entry level
Conduct independent quantitative research to improve trading strategies in options pricing, risk management, and market dynamics. Develop mathematically rigorous, data-driven models, collaborate with traders to define research questions, prototype solutions for low-latency systems, and present findings to trading and technology teams.
The summary above was generated by AI

If you are looking to join a small, dynamic, growing firm in the financial technology sector, you have come to the right place. BlackEdge has built a strong foundation of success as an industry leading market maker in the treasury options space. Now we need talented people like you to build on that foundation by further improving and leveraging our existing success to expand into new markets.
The Role:

We’re seeking a Quantitative Researcher to tackle challenging, longer-term problems that drive our trading strategies forward. Unlike the fast-paced, short-cycle puzzles solved by our quantitative traders, you’ll dive into ambiguous problems that require deep mathematical intuition, independent research, and creative model development. Your work will transform sometimes vaguely defined trading challenges into practical, sophisticated solutions that enhance our firm’s edge.

Key Responsibilities:

  • Formulate and solve complex problems in options pricing, risk management, or market dynamics, often with time horizons spanning weeks to months.
  • Develop robust, data-driven models that balance theoretical rigor with practical application, using mathematical and statistical techniques.
  • Collaborate with traders to understand their high-level needs, translating problem descriptions into actionable research questions.
  • Conduct independent research to identify novel approaches, leveraging academic literature, market data, or proprietary datasets.
  • Prototype and iterate on solutions, ensuring they are implementable within our low-latency trading systems.
  • Present findings and recommendations to trading and technology teams, fostering a culture of knowledge-sharing.

A final note about our culture: we are pursuing excellence in trading. We want to be the best market makers in each product we trade and are relentless in our pursuit of incremental improvement. Every day is an opportunity to get a little bit better. Everyone here takes deep pride and ownership in what they do. The buck doesn't get passed along, it stops with you.

HQ

BlackEdge Capital Chicago, Illinois, USA Office

811 W Fulton Market , Chicago, IL, United States, 60607

HQ

BlackEdge Capital Chicago, Illinois, USA Office

811 W Fulton Market , Chicago, IL, United States, 60607

Similar Jobs

22 Days Ago
In-Office
Chicago, IL, USA
175K-250K Annually
Entry level
175K-250K Annually
Entry level
Fintech • Payments • Financial Services
Join the options trading quant team to design, implement, and improve derivative pricing models (variance swaps, VIX, volatility swaps). Evaluate and stabilize calibrations and Greeks, develop Python research libraries and market-data filters, analyze microstructure for trading ideas, and collaborate with traders to build tools and generate options research.
Top Skills: C++Python
25 Days Ago
In-Office
Chicago, IL, USA
200K-200K Annually
Entry level
200K-200K Annually
Entry level
Fintech • Quantitative Trading
Conduct applied quantitative research on market and order-flow data: develop and validate predictive, statistical, and stochastic models using machine learning and deep learning, test hypotheses, and deploy ideas into live trading environments to identify trading opportunities and manage risk.
Top Skills: Ai-Enabled WorkflowsDeep LearningLarge-Scale Data AnalysisMachine LearningOrder-Flow Data AnalysisPredictive ModelingStatistical ModelingStochastic ModelingTime-Series Analysis
19 Minutes Ago
Hybrid
Chicago, IL, USA
174K-287K Annually
Senior level
174K-287K Annually
Senior level
Big Data • Food • Hardware • Machine Learning • Retail • Automation • Manufacturing
Leads legal strategy for North American supply chain and global professional services procurement. Advises senior stakeholders on commercial agreements, supplier negotiations, contractual risk, claims, cross-border transactions, and contracting technology. Oversees internal and external counsel, manages a small legal team, drives contracting process improvements, and supports governance, templates, and negotiating standards across a matrixed multinational organization.
Top Skills: Ai ToolsClm

What you need to know about the Chicago Tech Scene

With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.

Key Facts About Chicago Tech

  • Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
  • Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
  • Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
  • Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account