Quantitative Research Intern (Summer 2022 - Chicago)

| Chicago
Apply now
By clicking continue you agree to Built In’s Privacy Policy and Terms of Use.

Our Research team is looking for a summer intern to help continually improve our core derivatives pricing and parameter models. Our Quantitative Research team works closely with traders and software engineers to create and improve pricing models, volatility surfaces, yield curves, and other quantitative elements of our automated trading systems. They find solutions to pricing problems, test those solutions with historical pricing parameters and market data, and then modify various parts of our trading system so traders can see these new models operate in the real world.

Trading at Optiver:

Our researchers collaborate closely with traders and engineers to advance the capabilities of our business and improve our market-making fundamentals. We apply our quantitative expertise and scientific training to solve tough, interdisciplinary problems. We take pride in seeing the real-time impact of solutions that allow us to stay ahead in a highly competitive industry.

What you’ll need:

  • Currently enrolled in a PhD program in mathematics, computer science, statistics, physics, or a related field with a Winter 2022 or Spring 2023 anticipated graduation date
  • Experience using Matlab, R, python, or other analytical tools for quantitative research
  • Experience analyzing large data sets
  • Strong research, analytical, valuation, and modeling skills
  • Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment authorization for this job opening

Who we are:

Optiver is a proprietary trading firm and leading global market maker. As one of the oldest market making institutions, we are a trusted partner of 50+ exchanges across the globe. Our mission is to constantly improve the market by injecting liquidity, providing accurate pricing, increasing transparency and acting as a stabilising force no matter the market conditions. With a focus on continuous improvement, we participate in the safeguarding of healthy and efficient markets for everyone who participates.

*We accept one application per role per year. If you have previously applied to the Quantitative Research Intern position during this season and have been unsuccessful, you can reapply once the next recruitment season begins in 2022.

Read Full Job Description
Apply now
By clicking continue you agree to Built In’s Privacy Policy and Terms of Use.

Technology we use

  • Engineering
    • C#Languages
    • C++Languages
    • JavaLanguages
    • PythonLanguages

Location

130 E. Randolph Street, Chicago, IL 60601

An Insider's view of Optiver

How do you collaborate with other teams in the company?

One of my favorite aspects of Optiver is the openness of our company culture. We’re always encouraged to learn from each other and share ideas across teams, and this spirit of collaboration really permeates every interaction you’ll have.

Xiaoyu

Quantitative Trader

What are Optiver Perks + Benefits

Culture
Eat lunch together
Daily sync
Open door policy
Group brainstorming sessions
Open office floor plan
Diversity
Hiring Practices that Promote Diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Onsite Gym
Retirement & Stock Options Benefits
401(K)
401(K) Matching
Performance Bonus
Match charitable contributions
Child Care & Parental Leave Benefits
Generous Parental Leave
Family Medical Leave
Company sponsored family events
Optiver hosts a family-oriented summer event.
Vacation & Time Off Benefits
Generous PTO
Paid Volunteer Time
Paid Holidays
Paid Sick Days
Perks & Discounts
Beer on Tap
Casual Dress
Commuter Benefits
Company Outings
Free Daily Meals
Game Room
Stocked Kitchen
Happy Hours
Professional Development Benefits
Tuition Reimbursement
Promote from within

Additional Perks + Benefits

Fully paid health insurance premiums for employees • Generous 401(k) Plan • 25 days of paid vacation • Free catered breakfast and lunch daily • Weekly in-house chair massages • Complimentary in-house barista

More Jobs at Optiver34 open jobs
All Jobs
Finance
Data + Analytics
Dev + Engineer
HR + Recruiting
Internships
Marketing
Operations
Developer
new
Chicago
Developer
new
Chicago
Developer
new
Chicago
Developer
new
Chicago
Developer
new
Chicago
Developer
new
Chicago
Developer
new
Chicago
Developer
new
Chicago
Marketing
new
Chicago
Operations
new
Chicago
HR + Recruiting
new
Chicago
HR + Recruiting
new
Chicago
Operations
new
Chicago
Operations
new
Chicago
HR + Recruiting
new
Chicago
Marketing
new
Chicago
Finance
new
Chicago
HR + Recruiting
new
Chicago
Apply now
By clicking continue you agree to Built In’s Privacy Policy and Terms of Use.
Save jobView Optiver's full profileSee more Optiver jobs