Quantitative Researcher
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Job Location:
Chicago, IL - USA
Monthly Salary:
Not Disclosed
Posted on:
2 days ago
Vacancies:
1 Vacancy
Job Summary
Belvedere Trading is a leading proprietary trading are a team driven by intellectual curiosity seeking answers that will change not only how we trade in this technological age but also the future landscape of the trading industry.
Our traders 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. Traders partner with our technologists to continually engineer and optimize our trading systems to stay on top of the industry.
Our traders 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. Traders partner with our technologists to continually engineer andoptimizeour trading systems to stay on top of the industry.
Belvedere is searching for a Quantitative Researcher to join our Quant Research & Development Quant R&D team works closely with both traders and developers to build algorithmic solutionsfrom idea generation to roll outtoincrease the firms profitability. As a Quantitative Researcher you will contribute directly to research development and implementation of models and tools that help drive automated decisionmaking throughout the firm. Through your quant research you will be an integral participant in Belvederes long-term growth by improving and expanding the firms existing trading strategies.
What Youll Do
- Work closely with traders toprioritize hypotheses interpret results and translate research into deployable trading strategies.
- Design test and deploy quantitative models that drive pricing risk and execution in market-making and systematic trading.
- Build improve andmaintainresearch tools (e.g. PythonJupyter) for testingbacktestingvalidating and monitoring models and strategies.
- Collaborate closely with traders technologists and senior quantitative researchers to ensure strong alignment between research insights and production trading decisions.
- Continuouslymonitorand enhance existing models and strategies adjusting for market dynamics data drift and performance deviations.
- Combine statistical rigor market microstructure knowledge and engineering fluency to deliver robust edge and provable PNL.
What Youll Need
- Advanced degree (Mastersor PhD) in a quantitative field such as Mathematics Statistics PhysicsFinancial Engineering ora relateddiscipline.
- 2 years of experience in quantitative research in trading ora relatedfield.
- Strongproficiencyin Python or C for model research prototyping and production implementation; experience with version control and collaborative development workflows
- Experience working with large datasets statistical modeling or algorithmic workflows.
- Demonstrated ability to analyze model outputs and communicate results clearly to both technical and non-technical collaboration skills with developers traders and other researchers in a fast-paced iterative environment.
- Intellectual curiosity problem-solving ability and a pragmatic approach to research that balances innovation with production impact.
$140000 - $200000 a year
Additionally certain positions at Belvedere Trading are eligible for discretionary bonuses. Our employees have access to a variety of benefits which can be found on our websitehere.
How We Operate - Core Values
Team Belvedere: Work seamlessly with others to achieve shared goals. Foster a positive and supportive environment that brings out the best in your teammates.
Me in Team: Focus on competing and succeeding at the highest level constantly striving for excellence.
Own It: Actively address challenges and make decisions that drive positive results taking ownership of both successes and failures.
Build Rockets: Bring forward bold creative ideas and solutions. Be open to experimentation and willing to take calculated risks.
Passionate Discourse: Encourage and bring innovative out-of-the-box ideas to discussions actively contributing to team growth and progress.
Women and underrepresented groups frequently apply for 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.
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.
Work Schedule: Regular and reliable attendance during business hours with the ability to be on-site prior to the start of business on occasion
Physical: Ability to remain at a desk and concentrate for long periods of time
Amount of Travel Required: None
We may use artificial intelligence (AI) tools to support parts of the hiring process such as reviewing applications analyzing resumes or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed please contact us.
Required Experience:
IC
Key Skills
- Intelligence Community Experience
- Python
- Spss
- Microsoft Word
- R
- Regression Analysis
- Windows
- Stata
- Microsoft Powerpoint
- Research Experience
- Data Modeling
- Writing Skills
About Company
Belvedere Trading is a leading proprietary trading firm located in Chicago, specializing in equity index and commodity derivatives.
