Aquatic Capital Management Logo

Aquatic Capital Management

Quantitative Researcher

Reposted One Month Ago
In-Office
Chicago, IL, USA
150K-300K Annually
Senior level
In-Office
Chicago, IL, USA
150K-300K Annually
Senior level
Quantitative Researchers at Aquatic create and improve trading models using data and statistical methods, collaborating with engineers and leaders.
The summary above was generated by AI

Aquatic was founded with a shared passion for tackling some of the most complex challenges in one of the world’s most competitive arenas—global financial markets. From the very beginning, we have been driven by a deep commitment to applying cutting-edge scientific research and technological innovation to deliver unparalleled performance. Our journey is one of continuous growth and exploration, marked by a spirit of curiosity and relentless drive for excellence. 

Aquatic is looking for exceptional Quantitative Researchers to create and improve proprietary trading models and strategies while working closely with engineers and senior leaders across the firm. Quantitative Researchers within Aquatic work on a variety of trading strategies and research projects, with the opportunity to conduct independent research and originate research topics over time.

Specific responsibilities range from utilizing financial and other data in an effort to create or improve predictive models, developing and/or leveraging leading-edge statistical and machine-learning models to enhance the research and development system, creating algorithms to monetize the predictive signals.

Technical requirements:

  • At least 4+ years of full-time professional experience
  • Bachelors, Masters, PhD or Postdoc candidates in finance, computer science, mathematics, statistics, machine learning, physics, or other scientific discipline
  • Solid mathematical and analytical ability; exceptional problem-solving and modeling ability
  • Demonstrated ability to complete high level, statistical or applied mathematical research
  • Prior experience in a quantitative role within a trading environment a plus
  • Experience in solving highly complex, data intensive problems
  • Programming proficiency in any of the following: Python, C++, Java or R

Behavioral requirements:

  • Strong research hygiene
  • Self-motivated and highly-productive, with a strong sense of ownership and urgency
  • Intellectually curious, creative, and rigorous
  • Excellent communication and collaboration skills
  • Meticulous attention to detail
  • Able to work across disciplines
  • Willing to take ownership of his/her work, working both independently and within a small team
  • Driven and tenacious approach with desire to build something scratch

The base salary for this role is anticipated to be between $150,000 and $300,000, which is based on information at the time of posting. This position may also be eligible for additional forms of compensation, such as a discretionary bonus, and benefits. Discretionary bonus can be a significant portion of total compensation. Actual compensation for successful candidates will be carefully determined based on a number of factors, including their unique skills, qualifications and relevant experience.

Benefits:

  • Benefits: For full-time employees, fully paid medical, dental, and vision for employees and dependents, competitive 401k plan, employer-paid life & disability insurance 
  • Perks: Wellness programs, casual dress, snacks, lunch, game room, team and company events
  • Development: Open environment to maximize learning and knowledge sharing
  • Time: Generous PTO, paid holidays, competitive paid caregiver leaves

Aquatic Capital

This role represents a unique opportunity to join a quantitative investment manager in its early stage of growth. The firm’s culture will be shaped by collaboration, meritocracy, ambition, and calm determination.

Aquatic is a proud equal opportunity workplace. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity/expression, age, status as a protected veteran, status as an individual with a disability, or any other applicable legally protected characteristics.

HQ

Aquatic Capital Management Chicago, Illinois, USA Office

Chicago, IL, United States, 60640

Similar Jobs

One Month Ago
Hybrid
Chicago, IL, USA
196K-300K Annually
Senior level
196K-300K Annually
Senior level
Artificial Intelligence • Big Data • Enterprise Web • Fintech • Software • Financial Services
Lead original quantitative research on workplace retirement plans, participant behavior, household finance, and retirement policy. Conduct econometric and simulation-based analysis using administrative, survey, and participant-level data. Develop publications, presentations, client analyses, and regulatory comment contributions while translating complex findings for technical and nontechnical audiences. The role also requires retirement subject-matter expertise, stakeholder collaboration, and application of research to Morningstar products and clients.
Top Skills: PythonRStata
15 Days Ago
In-Office
Chicago, IL, USA
Entry level
Entry level
Machine Learning • Software • Analytics • Financial Services
Conduct quantitative research to identify trading opportunities and develop trading strategies. Analyze financial datasets using statistical and probabilistic methods, distinguish signal from noise, and investigate market dynamics and microstructure. Build and use research frameworks, apply coding skills in languages such as C++ and Python, and collaborate across projects to improve the firm’s trading capabilities and profitability.
Top Skills: C++JavaPython
19 Days Ago
In-Office
Chicago, IL, USA
Entry level
Entry level
Financial Services
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.

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