Quantitative Researcher, Options and Proprietary Trading Models
Research-driven proprietary trading and market-making firm using its own technology and capital
| Employer | Research-driven proprietary trading and market-making firm using its own technology and capital (not named) |
|---|---|
| Location | Chicago, IL (also New York, NY) · Hybrid |
| Type & level | Full-time · Mid-level |
| Pay | USD 175k–275k base Source: pay range stated in the source posting |
| Visa path | O-1A fit |
| Role family | Derivatives & Risk Quant |
About the role
This opening is for quantitative researchers who build and validate the statistical and machine-learning models behind proprietary trading strategies. They work with traders and developers to move ideas from hypothesis to production and review performance after launch.
What you'll do
- Evaluate, validate and improve quantitative models using statistical analysis, simulation and empirical research.
- Analyze market data and new data sources to form the basis of new trading strategies.
- Build backtesting frameworks, simulations and visualization tools.
- Prototype algorithms and coordinate with developers to integrate validated research into trading systems.
- Decide whether models are ready for production by weighing statistical evidence, risk and expected profitability.
- Mentor graduate researchers and interns on research plans and model validation.
Requirements
- Bachelors degree or foreign equivalent in computer science, financial mathematics, financial engineering or a related quantitative field.
- Two years of experience in a quantitative, technical or mathematical role.
- Experience with statistical inference, optimization, time-series analysis and algorithm design.
- Experience analyzing high-frequency market, order book and trade data.
- Python experience with libraries such as Pandas, NumPy, SciPy and scikit-learn.
- Experience collaborating with traders and developers and building options portfolios.
Nice to have
Pay & benefits
USD 175k–275k base. The posting lists a discretionary bonus and benefits including paid leave and insurance, with partial telecommuting permitted.
Pay source: pay range stated in the source posting. Market data, not an offer from O1DMatch.
Visa path
Quantitative researchers in trading often document an O-1A case through original research contributions, trading impact, high compensation and expert references. The posting states no citizenship restriction. An employer like this or a U.S. agent can file the petition, and approval depends on the individual's evidence.
How to get matched
- Take the free eligibility checkAn AI review of your background against the eight O-1 criteria, at check.o1dmatch.com.
- Create your profile with code WORKWITHUSIt unlocks the Starter plan at no cost. Tell us your field and the work you do today.
- Upload your evidenceEach document is sorted under the criterion it supports, and your criteria map shows what is still missing.
- Get matchedWe match strong profiles with U.S. employers hiring for roles like this one. Gigs you confirm with verified companies count toward your itinerary, and at a score of 75 we connect you with an immigration attorney.
This listing describes a real U.S. posting so you can see what employers ask for. O1DMatch does not represent that employer and does not hold this opening; applying matches you with employers hiring for this kind of role. No visa outcome is promised.