Quantitative Researcher

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Easy Apply
New York, NY
Hybrid
150K-250K Annually
Fintech • Information Technology • Other • Software • Financial Services
At Belvedere, we cultivate the best of trading by creating cutting-edge technology and forging unique paths in culture.
The Role
Belvedere Trading is a leading proprietary trading firm with offices in Chicago, New York, Boulder, and Singapore. Our traders work hard to provide liquidity to the market through their market-making activities and are the masters of a diverse set of commodities, interest rates, exchange-traded funds (ETF), and equity index options. From the beginning, we began iteratively investing in our proprietary technology and committing to building our systems from the ground up. Our trading models and software systems are continually re-engineered, optimized, and maintained to stay on top of the industry. We operate best within a team environment where we challenge each other to deliver value consistently and share in the success of the company.   

Riverside Capital Markets (RCM) is a joint venture between our five founding partners and Belvedere Trading.  Our teams specialize in Market Making and Quantitative Trading in Equity & ETF Options, ETFs, Futures and Futures Options.  We have teams based in New York, Chicago and remote locations that utilize both internal and external software solutions for trading.   We look for savvy individuals and teams who are looking to help build great businesses in the trading landscape. 

Our quantitative team, working with both tech and trading, are charged with developing scalable algorithms and translating trading models into our extensible systems. We are looking for highly skilled and experienced individuals to join this research initiative, collaborate with the team, and build the next generation of our trading system. 

The ideal candidate has direct experience in the quantitative research process and understands the workflow from idea generation to implementation. This position is accountable for making a significant impact on the direction and productivity of a newly formed team within the firm.  

What You'll Do

  • Contribute meaningfully to group direction and project selection 
  • Research, validate and implement new valuation models based on internal data and external papers 
  • Utilize machine learning techniques to conduct data analysis 
  • Apply machine learning techniques to understand market movements 
  • Conduct financial data analysis on large datasets  
  • Contribute to in-house data analysis packages and research framework development 
  • Acquisition of new data sets and cleaning/maintenance of new and existing data sets 

What You'll Need

  • Bachelor's or Master's degree in quantitative or technical discipline, such as Computer Science or Engineering, Financial Engineering or Quantitative Finance
  • 1-5 year(s) applicable professional experience in quantitative fields such as analyzing large statistical data sets, or machine learning, AI, or other related quantitative fields 
  • Coding skills in Python 
  • Demonstrated experience analyzing large statistical data set 
  • Passionate about technology/software testing 
  • Strong problem-solving skills 
  • Works effectively and collaboratively in a team environment 
  • Self-starter who can get things done with minimal direction 
  • Excellent written and oral communication skills 

Work Schedule
This position will be based in New York with the option to work in a hybrid structure with a minimum of three days in the office. 

Women and underrepresented groups frequently apply to jobs only if they meet 100% of the qualifications.
We encourage you to break that mold and apply. No candidate is perfect; all have a lot to offer. We welcome your application.

Core Values
The secret to our award-winning culture is our Core Values: Team Belvedere, Me In Team, Own It, Iterative Innovation, and Passionate Discourse. We live and breathe these values every day.

Our Stance
Belvedere is an Equal Opportunity Employer and is committed to providing a non-discriminatory employment environment for its employees. Discrimination against employees and applicants due to race, color, religion, sex, national origin, disability, age, military, and veteran status is prohibited. Belvedere encourages initiatives to increase diversity and provide equal opportunity to all applicants and employees. Belvedere is committed to providing a positive environment in which team members are treated with respect, dignity, and courtesy. Our firm believes in a dynamic culture of inclusion and diversity, where people thrive on individual and organizational characteristics, values, experiences, and backgrounds.
 
Please note that Belvedere Trading does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resumes will become the property of Team Belvedere. No phone calls, please.
 
Any questions regarding the virtual recruiting process, please reach out to [email protected].
 
 

What the Team is Saying

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The Company
HQ: Chicago, IL
265 Employees
Year Founded: 2002

What We Do

In March of 2002, Belvedere Trading emerged as Chicago’s newest market maker, soon to join the ranks of the Windy City’s elite proprietary trading firms. Armed with printouts of Excel workbooks and a team of eager minds, Belvedere established their place in the SPX pit on the floor of the Chicago Board Options Exchange. From the beginning, we have iteratively invested in our proprietary technology and made a commitment to building our software systems from the ground up. Due to our ultramodern proprietary technology and risk management capabilities, Belvedere is able to quickly capitalize on inefficiencies in the marketplace. Our trading models and software systems are continually re-engineered, optimized, and maintained to stay on top of the industry. Building and nurturing a strong culture is one of Belvedere’s highest priorities, and we are always looking for the best and brightest talent to help us in our continued success.

Why Work With Us

At Belvedere, our differences are what allow us to compete and succeed at the highest level. Our Culture Committee and Women’s Initiative elevate the voices of our teammates to further promote an inclusive workplace. It is our priority to foster a sense of community and belonging for each team member while supporting individual development.

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Belvedere Trading Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: Flexible
HQChicago, IL
Singapore
Boulder, Colorado
New York, New York
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