Quantitative Researcher - Algorithmic Trading
ITech Consulting Partners - Chicago, IL
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u003cp class= 'css-bctmig e1wnkr790 'u003eu003cstrong class= 'css-1655dm5 e1wnkr790 'u003ePay:u003c/strongu003e $155,000.00 - $190,000.00 per yearu003c/pu003eu003cdiv class= 'css-1dhd1xm eu4oa1w0 'u003eu003cdiv class= 'jd-appended-job-description 'u003eu003cdiv class= 'jd-section-employer 'u003eu003cdiv class= 'jd-description-text 'u003eu003cpu003eu003cstrongu003eWhy This Is a Great Opportunityu003c/strongu003eu003c/pu003eu003culu003eu003cliu003eWork on cutting-edge quantitative research that directly powers automated trading in highly competitive global markets.u003c/liu003eu003cliu003ePartner closely with traders, software engineers, and fellow quants to design, test, and deploy strategies end-to-end.u003c/liu003eu003cliu003eChoose a focus aligned with your strengths: alpha modeling or execution/microstructure optimization.u003c/liu003eu003cliu003eSenior-level path for candidates with 3+ years of relevant experience and a strong track record.u003c/liu003eu003cliu003eCompetitive base salary plus meaningful performance bonuses, relocation support, and strong benefits in a top-tier trading hub.u003c/liu003eu003c/ulu003eu003cpu003eu003cstrongu003eLocationu003c/strongu003eu003c/pu003eu003culu003eu003cliu003eOn-site in Chicago, IL in a highly collaborative trading environment, with potential hybrid flexibility after an initial ramp-up period. Relocation to Chicago is supported.u003c/liu003eu003c/ulu003eu003cpu003eu003cstrongu003eNoteu003c/strongu003eu003c/pu003eu003culu003eu003cliu003eu003cstrongu003eYou must have at least 2 years of full-time quantitative research, trading, or high-performance technology experience, strong Python skills, and be able to work on-site in Chicago. Fully remote is not an option.u003c/strongu003eu003c/liu003eu003c/ulu003eu003cpu003eu003cstrongu003eAbout Our Clientu003c/strongu003eu0026 Our client is a Chicago-based proprietary trading firm that builds high-performance automated trading systems for global derivatives markets. Founded in 2011, they compete daily in some of the most complex and fast-moving markets in the world. The team values curiosity, innovation, and collaboration over bureaucracy and politics, and they are constantly iterating on models and systems to stay ahead of an ever-changing market landscape.u003c/pu003eu003cpu003eu003cstrongu003eJob Descriptionu003c/strongu003eu003c/pu003eu003culu003eu003cliu003eApply advanced quantitative methods to solve problems in financial modeling, algorithm development, and system optimization.u003c/liu003eu003cliu003eCollaborate with traders and developers to improve a complex, evolving algorithmic trading infrastructure.u003c/liu003eu003cliu003eDesign and implement tools for traders, explore new trading ideas, and refine existing strategies.u003c/liu003eu003cliu003eBuild, test, and maintain automated trading algorithms and risk management logic from scratch.u003c/liu003eu003cliu003eAnalyze and optimize system performance, including latency, stability, and execution quality.u003c/liu003eu003cliu003eConduct historical research and back-tests using large data sets and database tools.u003c/liu003eu003cliu003eCommunicate market developments, model behavior, and research insights to traders and other stakeholders.u003c/liu003eu003cliu003eFor modeling-focused work: design automated market-making and risk management algorithms, and build statistically driven position-taking strategies.u003c/liu003eu003cliu003eFor execution-focused work: perform post-trade analysis, investigate system behavior, optimize algorithm parameters, study market microstructure, and drive execution system improvements.u003c/liu003eu003c/ulu003eu003cpu003eu003cstrongu003eQualificationsu003c/strongu003eu003c/pu003eu003culu003eu003cliu003e2+ years of full-time, professional experience in a quantitative research, trading, or high-performance technology role, ideally at an algorithmic trading firm or similar environment.u003c/liu003eu003cliu003eDegree in mathematics, physics, engineering, computer science, or a closely related quantitative field.u003c/liu003eu003cliu003eu003cstrongu003eAbility to write and maintain clean, organized, object-oriented Python code; C++ experience is a plus.u003c/strongu003eu003c/liu003eu003cliu003eProven experience in at least one of the following: options and volatility modeling, statistical analysis on large data sets, or diagnosing and optimizing algorithm logic in latency-sensitive or high-throughput distributed systems.u003c/liu003eu003cliu003eExpertise working with MySQL or similar databases for historical research and back-testing.u003c/liu003eu003cliu003ePassion for innovation and solving open-ended, data-rich problems.u003c/liu003eu003cliu003eStrong written and verbal communication skills, with the ability to explain complex technical ideas clearly.u003c/liu003eu003cliu003eCollaborative attitude with a competitive drive and comfort with metrics-based performance evaluation.u003c/liu003eu003cliu003ePractical, production-focused mindset with a track record of delivering impactful solutions.u003c/liu003eu003cliu003eu003cstrongu003eAbility to work on-site in the Chicago office on a full-time basis.u003c/strongu003eu003c/liu003eu003c/ulu003eu003cpu003eu003cstrongu003eWhy You’ll Love Working Hereu003c/strongu003eu003c/pu003eu003culu003eu003cliu003eCompetitive base salary in the 155,000 to 190,000 range, plus annual discretionary performance bonus.u003c/liu003eu003cliu003eTop-tier medical and dental coverage, along with additional benefits.u003c/liu003eu003cliu003eRelocation assistance package if you are moving to Chicago.u003c/liu003eu003cliu003eGenerous vacation policy and ongoing training and continuing education opportunities.u003c/liu003eu003cliu003eCatered lunch, snacks, and beverages provided daily.u003c/liu003eu003cliu003eRegular group outings, company events, and a casual dress environment.u003c/liu003eu003cliu003eHigh-impact, low-politics culture that rewards curiosity, continuous improvement, and measurable results.u003c/liu003eu003c/ulu003eu003cpu003eu003cstrongu003eJPC-517u003c/strongu003eu003c/pu003eu003cpu003eu003cstrongu003e#LI-SK3u003c/strongu003eu003c/pu003eu003c/divu003eu003c/divu003eu003cdiv class= 'jd-section-job-type 'u003eu003cp class= 'jd-description-text 'u003eJob Type: Full-timeu003c/pu003eu003c/divu003eu003cdiv class= 'jd-section-job-taxonomy-attributes 'u003eu003cp class= 'jd-header-text 'u003eBenefits:u003c/pu003eu003cp class= 'jd-description-text 'u003eu0026 u003c/pu003eu003culu003eu003cliu003eDental insuranceu003c/liu003eu003cliu003ePaid time offu003c/liu003eu003cliu003eRetirement planu003c/liu003eu003cliu003eVision insuranceu003c/liu003eu003c/ulu003eu003c/divu003eu003c/divu003eu003c/divu003e ', 'location ': 'Chicago, IL ', 'remote ':null, 'jobtype ': 'directhire ', 'remoteoption ': 'no ', 'featuredonjobboard ':false, 'ownedbyagency ':false, 'externalid ': 'FL243-2750667
Created: 2025-12-15