Quantitative Trader

About the Role

Belvedere Trading is seeking Quantitative Traders, described as the industry’s most quantitative problem solvers, to foster collaboration between proprietary technology and trading teams. This role offers immersion in technology and software development best practices, focusing on trading logic development, electronic trading strategies, and quantitative research. Ideal for individuals passionate about technology and financial markets.

Key Responsibilities

• Daily trading activities: Assist with order execution, trade checking, and trade reconciliations.
• Desk strategy: Participate in strategy meetings and collaborate on position management.
• Development projects: Lead and participate in quantitative development projects to enhance trader-facing technologies.
• Research: Engage in quantitative research and the application of quantitative strategies, learning core market-making operations.
• Data Analysis: Analyze large datasets and extract insights to support trading strategies.
• Training: Undergo continuous, hands-on training in option valuation, game theory, hedging, portfolio analysis, and simulated trading games to understand option pricing and financial engineering theoretically and in application.
• Collaboration: Partner with teammates to exchange ideas, solve problems, and contribute to a high-performing team.

Requirements & Tech Stack

• Core development skills: Demonstrated ability to learn programming languages such as C++, C#, and Python.
• AI Fluency: Effectively use AI tools to improve efficiency and effectiveness while maintaining independent judgment.
• Ability to live in or relocate to Chicago.
• Graduation date of December 2026-Spring 2027.
• Work Schedule: Regular and reliable attendance during business hours with occasional on-site presence prior to business start.
• Physical: Ability to remain at a desk and concentrate for long periods.
• Travel: None required.

Qualifications

• Communication: Ability to speak confidently and concisely, especially when stakes are high.
• Analytical: Quantitative thinking and problem-solving skills with strong data analysis abilities.
• Team Player: Demonstrated success in working in team-based environments.
• Knowledge of the financial markets and trading industry is a plus, but not a prerequisite.

Compensation

• $140,000 - $140,000 per year.
• Eligibility for discretionary bonuses.

Certifications

• For trading positions and certain engineering roles, SIE and Series 57 licenses are required. Belvedere Trading will provide study materials and dedicated time for onboarding to obtain these certifications.