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.
We are seeking an experienced Portfolio Manager with a Ph.D. and 5 years of proven track record managing capital using automated modeldriven strategies. The ideal candidate is a scientifically minded investor who relies on systematic research machine learning and algorithmic frameworks to build manage and refine their portfolio.
What youll do
Design test and manage automated trading strategies across one or more asset classes including stocks futures bonds and options
Develop and refine quantitative models for alpha generation portfolio construction and risk control
Embrace the uncertainty persistent in the marketplace to balance the riskreward in each individual trade
Monitor and adjust models in production based on performance and changing market dynamics
Collaborate with researchers and engineers to optimize data infrastructure simulation tools and execution systems
Provide macro guidance on the exchangetraded portfolio and other private market investments of the family office
Evaluate new data sources to enhance strategy edge
Maintain robust performance attribution and risk reporting
What youll need
Ph.D. in Computer Science Engineering Applied Mathematics or a related quantitative field
5 years of experience managing a live portfolio using automated or algorithmic strategies
Strong background in quantitative research statistical modeling and signal development
Demonstrated ability to build and maintain a systematic investment process with limited discretionary intervention
Proficiency in programming languages such as Python C R or similar
Deep understanding of risk management execution algorithms and portfolio optimization
Strong communication analytical and problemsolving skills with solid reasoning in data driven and theoretical approaches
Active team player motivated by a fastpaced environment and conviction to focus on difficult longduration problems that require iteration
Familiarity with machine learning reinforcement learning or online learning techniques in trading contexts 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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