Senior Quantitative Researcher, Delta One Futures Strategies
Proprietary trading firm trading its own capital across global asset classes, with a fixed income and options trading business
| Employer | Proprietary trading firm trading its own capital across global asset classes, with a fixed income and options trading business (not named) |
|---|---|
| Location | Chicago, IL · On-site |
| Type & level | Full-time · Senior |
| Pay | USD 150k–250k base Source: pay range stated in the source posting |
| Visa path | O-1A fit (senior candidates) |
| Role family | Derivatives & Risk Quant |
About the role
This role embeds a senior researcher within an existing options trading platform to build systematic futures strategies that complement it. The work covers signal research, futures-based hedging and directional overlays, and turning research into production models alongside traders and developers.
What you'll do
- Research, develop and validate systematic delta-one futures strategies across rates, FX, commodities and equities.
- Build signal generation frameworks that support standalone futures strategies and options portfolios.
- Design futures-based hedging methods to improve portfolio risk management.
- Model strategy and portfolio risks including exposure, volatility, liquidity and cross-asset correlation.
- Backtest and validate out of sample, accounting for transaction costs and execution constraints.
- Work with traders and developers to productionize models, set up monitoring and review live performance.
Requirements
- 2+ years of quantitative research supporting systematic trading, preferably in futures and listed derivatives.
- Track record of signals or models deployed in production that contributed to trading performance.
- Strong grasp of derivatives pricing, volatility dynamics and risk modeling.
- Expertise in backtesting and model validation, including overfitting and data leakage.
- Fluent Python and experience with large financial datasets.
- Knowledge of market microstructure and execution modeling.
Nice to have
- Experience researching strategies across global futures markets.
- Experience integrating options strategies into systematic futures frameworks.
- Familiarity with portfolio construction, capital allocation and risk budgeting.
- Experience working within or alongside an options trading desk.
- Advanced degree in mathematics, statistics, physics, engineering or computer science.
Pay & benefits
USD 150k–250k base. The posting lists an annual discretionary bonus, medical, pharmacy, dental and vision insurance, a 401k with discretionary employer match, disability and life coverage, and health and flexible spending accounts.
Pay source: pay range stated in the source posting. Market data, not an offer from O1DMatch.
Visa path
People in senior derivatives quant roles often support an O-1A case with documented trading or research impact, high compensation relative to peers, original contributions to models, and recognition such as publications or expert references. The posting states no citizenship restriction. An employer like this or a U.S. agent can file the petition, and outcomes depend 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.