Quantitative Researcher

Quantitative Researcher (Maven Securities US Limited, Chicago, IL)

THE ROLE:

• Design, build, develop, maintain, and calibrate innovative real-time trading models and solutions for low latency trading systems for exchange-traded options and futures.
• Develop base price valuation algorithms.
• Design quoting strategy algorithms.
• Build Size Edge models.
• Support challenging projects, including option pricing models, volatility modeling and fitting, trading parameter optimization, and event modeling.
• Perform forward modeling, including of rates and dividends.
• Model event and volatility across strikes and expiries.
• Calibrate pricing parameters using live and historic market data.
• Coordinate projects that have a direct impact on trading performance by collaborating with other researchers and traders from various scientific fields and prestigious academic institutions.
• Share knowledge and expertise with other researchers to tackle challenging quantitative projects.
• Work with developing predictive models (pricing models, volatility models, and event modeling)
• Verifying complex hypotheses using large data sets; researching advanced algorithms; programming with Python and C++; visualizing multi-dimensional data; developing real-time performance measurement tools; improving trading strategies; options and futures; and market making.

Salary Range: $175,000 - $250,000.

WHAT WE ARE LOOKING FOR:

• Requires Master’s degree in Financial Engineering, Applied Mathematics, Physics, or a related field of study, plus four (4) years of experience with developing predictive models (pricing models, volatility models, and event modeling); verifying complex hypotheses using large data sets; researching advanced algorithms; programming with Python and C++; visualizing multi-dimensional data; developing real-time performance measurement tools; improving trading strategies; options and futures; and/or, market making.

WHAT WE OFFER:

• Amazing opportunity to be a key member of a highly committed employee-owned trading firm.
• The upside of start-up without the associated risks.
• Great friendly, informal and highly rewarding culture.
• Informal dress code.
• Fast growing global firm with plenty of opportunity where you will have significant impact.
• Benefits: Medical, Dental, Vision Insurance coverage for employees and their dependents. 401k with employer match. Short Term Disability, Long Term Disability, and Life Insurance. Annual learning and development stipend.

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