Junior Quantitative Analyst

Belvedere Trading is a proprietary trading firm located in Chicago, specializing in equity index and commodity derivatives.

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Other jobs at Belvedere Trading:

Quantitative Analyst at Belvedere Trading

What you’ll do

Design proprietary option pricing model and numerical methods for non-arbitrage pricing and Greeks
Design proprietary option pricing model and numerical methods for non-arbitrage pricing and Greeks
Develop a strategy to recommend the overall position the desk should have exposure to.
Implement pricing model in C#, C++, and python with optimal performance and robustness; tailor the model to products with distinct features.
Support trading desks in understanding and manipulating model parameters.
Develop automated tests for pricing models to ensure accuracy, robustness, consistency, and performance.
Research and generate ideas for modeling methods to capture market patterns.
Perform rigorous research for quant projects to establish theoretical foundations and mathematical formulas; document the findings.

What you’ll need

Master’s degree in Financial Mathematics, Quantitative Finance, or Data Science
Full-Time Position

Who we are

Belvedere Trading is a leading proprietary trading firm proudly headquartered in downtown Chicago. Our traders work hard to provide liquidity to the market through their market-making activities and are the masters of a diverse set of commodities, interest rates, exchange-traded fund (ETF), and equity index options. This wouldn’t be possible without the dedicated efforts of our technology teams who utilize and perfect our innovative technology solutions.

Not sure what this means? No sweat. Our in-house learning and development team, Belvedere Trading University (BTU), will teach you everything you need to know.

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.

Through our efforts to provide a safe environment for you and our team members, all interviews for this position will be conducted virtually via phone or video. We will continue to actively hire and onboard new team members virtually through the remainder of the year unless otherwise noted. Any questions regarding the virtual recruiting process, please reach out to recruiting@belvederetrading.com.