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Quantitative Researcher - Systematic

External
$200K–$300K/yrFull-timeOn-site1mo ago
NumPyPandasPythonRisk ManagementStatistical AnalysisSystem Design
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Responsibilities

  • Analyze market data to come up with economic and microstructure hypotheses
  • Build predictive and explanatory models to describe financial markets
  • Add revenue by applying thorough research processes to real life business problems
  • Conduct independent, high quality research in quantitative finance
  • Communicate complex ideas and research results effectively, both in writing and verbally
  • Drive innovation and results through analytical prowess and business acumen

Requirements

  • PhD in Science or Engineering fields (e.g. Statistics, Mathematics, Physics , Applied Mathematics, Operations Research, Electrical Engineering ) strongly preferred
  • Minimum 5 years of experience as a Quantitative Researcher in a top systematic trading team
  • Demonstrable track record of generating positive PnL
  • Advanced programming skills and experience with the software development lifecycle
  • Proven ability to blend academic rigor with practical application in fast-paced trading environments
  • Unwavering commitment to quality, coupled with a drive for delivering commercial outcomes
  • Python skills including Numpy and Pandas libraries
  • Experience with a wide variety of market and alternative data
  • Expertise in US options markets, options pricing models, volatility surfaces, and risk management techniques
  • Strong track record of publications in an industry setting

Benefits

The salary range for this role is listed below. This role is also eligible for an annual discretionary bonus. The discretionary bonus will be dependent upon the individual's skills, experience, qualifications, and firm performance.Salary Range$200,000 - $300,000 USDMost teams at CTC, with the exception of Trading, follow a hybrid workplace model, subject to change based on business need.(Disclaimer: interns and contractors are not eligible for benefits at CTC)Our Commitment to Diversity, Equity and InclusionIf you have a disability and believe you need a reasonable accommodation in order to search for a job opening or to apply for a position, please contact us at info@chicagotrading.com. Note that emailsHealth insuranceEquity / stock optionsPerformance bonusParental leave

Additional Information

Chicago Trading Company (CTC) is a premier proprietary trading firm specializing in options market making. Our collaborative culture fuels innovation in quantitative research, systematic trading strategies, and cutting-edge trading technology. For over three decades CTC has provided critical liquidity across derivatives exchanges worldwide - making them fairer, more transparent, and more efficient. We strive to be the most innovative firm in the industry today, tomorrow, and long into the future while upholding ethical excellence. We believe that CTC makes a positive impact on the markets, the lives of our employees, and all the communities to which we belong. Started in 1995 by a team of forward-thinking Traders, we are proud to call ourselves an industry leader that keeps making markets and each other better. Quantitative research is a key driver of innovation at CTC and one of the pillars upon which our firm is built. We are seeking a Quantitative Researcher to partner with Trading and Technology to strengthen, scale, and evolve the firm's trading capabilities within one of the quant research teams. As a Quantitative Researcher, you will be embedded on a research desk, working close to the tip of the spear in a dynamic environment. This includes partnership with other researchers, traders and engineers on quantitative problem solving, trading strategy generation, back-testing, statistical analysis, and system design. Our environment of collaborative innovation and intellectual curiosity allows us to share in our victories while continually challenging ourselves to stretch the limits of our creativity. Take advantage of this opportunity to apply the scientific method to business problems as part of the Quant team at CTC!


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