Quantitative Trading Analyst

Salary: $,.00 - $,.00 per year

Why This Role is Exciting

• Contribute to cutting-edge quantitative research that fuels automated trading in competitive global markets.
• Collaborate closely with traders, software engineers, and fellow quants to develop, test, and implement strategies.
• Select a specialization based on your strengths: alpha modeling or execution/microstructure optimization.
• Senior-level growth opportunities available for candidates with 3+ years of relevant experience and a proven track record.
• Attractive base salary with performance bonuses, relocation assistance, and comprehensive benefits in a top trading hub.

Location

• Work in Chicago, IL in a highly collaborative trading setting, with potential for hybrid work after initial training. Support for relocation to Chicago is provided.

Requirements

• Minimum 2 years of full-time experience in quantitative research, trading, or high-performance technology, strong Python proficiency, and Chicago on-site work necessity. Fully remote work is not an option.

About Our Partner Our partner is a Chicago-based proprietary trading firm specializing in high-performance automated trading systems for global derivatives markets. Established in , they compete daily in dynamic, fast-paced markets. The team values curiosity, innovation, and collaboration, and focuses on continuous improvement in a rapidly changing market landscape.

Job Description

• Utilize advanced quantitative techniques to solve financial modeling, algorithmic development, and system optimization challenges.
• Work with traders and developers to enhance a complex algorithmic trading framework.
• Create and implement tools for traders, explore new trading concepts, and refine existing strategies.
• Develop, test, and maintain automated trading algorithms and risk management logic.
• Analyze and improve system performance, including latency, stability, and execution quality.
• Conduct historical research and back-tests using extensive data sets and database tools.
• Share market insights, model behavior, and research findings with traders and stakeholders.
• For modeling-focused roles: design automated market-making and risk management algorithms, and formulate statistically driven position-taking strategies.
• For execution-focused roles: analyze post-trade data, investigate system behavior, optimize algorithm parameters, study market microstructure, and enhance execution systems.

Qualifications

• At least 2 years of professional experience in a quantitative research, trading, or high-performance technology role, preferably at an algorithmic trading firm.
• Degree in mathematics, physics, engineering, computer science, or a related quantitative field.
• Proficiency in writing clean, organized, object-oriented Python code; knowledge of C++ is a bonus.
• Experience in options and volatility modeling, statistical analysis, or optimizing algorithm logic in latency-sensitive or distributed systems.
• Expertise in working with MySQL or similar databases for historical research and back-testing.
• Passion for innovation and problem-solving in data-rich environments.
• Strong communication skills, with the ability to convey complex technical concepts clearly.
• Collaborative attitude with a drive for competition and a focus on delivering impactful solutions.
• Availability to work full-time at the Chicago office.

Benefits of Joining Us

• Competitive base salary ranging from $, to $,, plus annual performance bonus.
• Comprehensive medical and dental coverage, along with additional benefits.
• Relocation assistance for candidates moving to Chicago.
• Generous vacation policy and ongoing training opportunities.
• Daily catered meals, snacks, and beverages.
• Regular team events, company outings, and a relaxed dress code.
• Culture that values curiosity, continuous improvement, and measurable results.

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Job Type: Full-time

Benefits:

• Dental insurance
• Paid time off
• Retirement plan
• Vision insurance