Belvedere Trading is a leading proprietary trading firm proudly headquartered in downtown Chicago with a satellite office in Boulder Colorado. Our teams work hard to provide liquidity to the market through their marketmaking activities by combining their deep expertise in commodities interest rates exchangetraded funds (ETFs) and equity index options with a cuttingedge technological system. Our trading models and software systems are continually developed optimized and upgraded in order to stay competitive in an everchanging market. We work closely with our technology team to continuously and iteratively improve our proprietary solutions.
Highperformance proprietary development is the source of our success and competitive advantage at Belvedere further fueling our passion for performance. We 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. We place a high premium on defining developing and deploying highperformance trading software using a teambased holistic development approach. We are looking for passionate team members whose contributions will be critical to our continued success.
Our Quantitative Researchers are at the core of building a fully autonomous trading platform. They explore the structure and dynamics of global financial markets leveraging data automation and mathematical modeling to uncover actionable insights. As part of a highly collaborative team youll help build the systems and models that drive our algorithmic trading decisions. If you thrive in a fastpaced environment and are passionate about solving complex problems wed love to hear from you.
What youll do
Conduct research and develop quantitative models for financial markets using advanced statistical and mathematical techniques
Embrace the uncertainty persistent in the marketplace to balance the riskreward in each individual trade
Leverage concepts from control theory and feedback loops to enhance adaptive trading strategies
Analyze large datasets to uncover hidden patterns and inefficiencies in the market
Build and refine tools (e.g. in Python and Jupyter) to test validate and monitor your research and strategies
Work closely with engineers to implement models in a live trading environment
Continuously monitor and improve existing models based on market dynamics
Generate ideas for quantitative strategies related to market effects market microstructure and other subtle marketplace changes
Work closely with senior industry leaders as part of a small and focused team
What youll need
2 years of applicable corporate experience
Bachelors or Masters degree in a quantitative discipline such as Applied Mathematics Physics Computer Science Engineering or Statistics
Strong problemsolving skills especially in uncertain or incompletedata environments
Solid programming ability in Python especially for algorithmic development and data analysis
Interest in or exposure to control theory feedback loops or dynamical systems
A curious analytical mindset with the ability to reason through complex systems and iterate quickly
Teamoriented attitude and excitement to work in a collaborative fastpaced research environment
Exposure to reinforcement learning Bayesian methods or stochastic processes is a plus
Availability to work in a hybrid structure out of our Chicago or Boulder offices
$140000 $240000 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 website here.
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 awardwinning culture is our Core Values:Team Belvedere Me in Team Own It Iterative InnovationandPassionate Discourse.We embody these values every day.
Our Stance
Belvedere is an Equal Opportunity Employer and is committed to providing a nondiscriminatory 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.
Hybrid Work Structure
This position will be based in either Chicago Illinois or Boulder Colorado with the option to work in a hybrid structure with a minimum of three days in the office.
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