Quantitative Researcher

About the Role

Belvedere Trading is seeking a Quantitative Researcher to join the Quant Research & Development team. This role is central to building algorithmic solutions from idea generation to rollout, aiming to increase firm profitability. You will directly contribute to the research, development, and implementation of models and tools that drive automated decision-making and expand existing trading strategies.

Key Responsibilities

• Work closely with traders to prioritize 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, and maintain research tools (e.g., Python, Jupyter) for testing, backtesting, validating, 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.
• Continuously monitor and 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.

Requirements & Tech Stack

• 2+ years of experience in quantitative research in trading or a related field.
• Strong proficiency in 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 stakeholders.
• Strong 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.

Qualifications

• Advanced degree (Master’s or PhD) in a quantitative field such as Mathematics, Statistics, Physics, Financial Engineering, or a related discipline.

Salary Range: $140,000 - $140,000 a year

Positions may be eligible for discretionary bonuses.

For certain trading and engineering roles, SIE and Series 57 licenses are required; Belvedere Trading will provide study materials and time for obtaining these certifications.

Work Schedule: Regular and reliable attendance during business hours; 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.

Travel: None.

Sponsorship: Available.