Currently we're investigating a bug where the answers are not recorded properly. If you encounter this bug, please email us at rfqjobs@gmail.com.
Hybrid Trader

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

(more about Belvedere Trading)
This job posting has been archived.
Unfortunately Belvedere Trading has archived this job posting, they are no longer accepting applications.

Hybrid Trader

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 funds (ETF), and equity index options. From the beginning, we began iteratively investing in our proprietary technology and committing to building our systems from the ground up. Our trading models and software systems are continually re-engineered, optimized, and maintained to stay on top of the industry. This wouldn’t be possible without the dedicated efforts of our technology teams who utilize and perfect our innovative technology solutions. 

High-performance proprietary trading and 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 are currently seeking experienced Hybrid Traders to join our dynamic team. We created this unique role to foster collaboration across our proprietary technology and trading teams. As a result, our Hybrid Traders are at the forefront of technology immersion as they learn best practices in software development. Our Hybrids also implement the most sophisticated trading strategies and focus on projects related to trading logic development, electronic trading strategies, and quantitative research. If you love technology and financial markets, then this position might be for you.
 
As part of the team, you will engage in economic analysis and employ large data sets to assess the trading markets. The ideal candidate will be excited to educate Junior Traders and Hybrid Traders on strategies and excel on both individual and collaborative projects. Candidates must have strong communication skills to effectively communicate with our engineers, quants, traders, and analysts across the firm.  

What you'll do

    • Research – participate in research and the application of quantitative strategies. This involves detailed research and analysis of live trading strategies as well as investigating new strategies or opportunities. 
    • Analyze - use analytical methods to identify market inefficiencies, streamline trading systems and improve risk management techniques. Apply a data-driven approach to trading.
    • Development – Lead and participate in specific quantitative development projects that enhance trader-facing technologies.
    • Collaborate – with leadership and team members.  You will partner with our traders, quants, software engineers, and product teams to define priorities, deliver custom solutions, and improve the investment process.
    • Solve – complex problems and challenges. You will want to solve open-ended problems with a lot of ambiguity using the latest data analysis tools.
    • Learn - understand, and improve our market-making solutions. Engage in continuous, hands-on learning that includes education on option valuation, hedging, portfolio analysis, both on a theoretical level and in application with Belvedere’s various strategies.

What you'll need

    • Demonstrated experience analyzing large statistical data sets and implementing profitable quantitative trading strategies. 
    • Passion for working with data to accurately model and analyze complex systems.
    • An ability to apply quantitative skills and logical reasoning to solve complex problems quickly and accurately under pressure.
    • Proven ability to perform successfully in a fast-paced, collaborative environment. Trading and development are not isolated activities at Belvedere, so great candidates will have demonstrated success in working in team-based environments.
    • Experience in computer programming with the following languages Python, C/C++, MATLAB, SQL is required.
    • Excellent written and verbal communication skills.
    • A desire to continuously learn and proactively improve processes.
    • Bachelor’s degree in Computer Science, Statistics, Applied Mathematics, Engineering, or other quantitative disciplines.


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 award-winning culture is our Core Values: Team Belvedere, Me In Team, Own It, Iterative Innovation, and Passionate Discourse. We live and breathe these values every day. 
 
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 until further notice. Please direct any questions regarding the virtual recruiting process to recruiting@belvederetrading.com.  
 
Work Schedule: Regular and reliable attendance during business hours with the 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
Amount of Travel Required: None 
Sponsorship: Not available for this position