Quantitative Developer

Quantitative Developer This range is provided by Jobot. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range $50,000.00/yr - $55,000.00/yr Remote + Bonus + Profit Sharing This Jobot Job is hosted by Ryan Kilroy. Salary $50,000 - $55,000 per year. About Us We are a dynamic and rapidly expanding proprietary trading firm at the forefront of Chicago's financial district. Our specialty lies in quantitative trading strategies within the futures markets, where we leverage cutting-edge technology and data-driven insights to drive exceptional results. As our firm continues to grow, we are on the lookout for a talented and motivated Quantitative Futures Trader to join our innovative team. Position Overview As a Quantitative Futures Trader, you will play a critical role in developing and executing algorithmic trading strategies in the futures markets. This position demands a strong quantitative background, a deep passion for financial markets, and a collaborative mindset that thrives in an innovative environment. Key Responsibilities Strategy Development: Research, design, and optimize quantitative trading strategies with a focus on risk management and maximizing profitability. Algorithmic Trading: Execute strategies using proprietary algorithms, ensuring precision in order execution and effective risk management. Market Monitoring: Continuously track and analyze market conditions, news, and events to inform trading decisions and strategy adjustments. Risk Management: Implement and refine risk management protocols to safeguard against trading risks and optimize portfolio performance. Data-Driven Insights: Apply statistical and data analysis techniques to improve trading models and enhance strategy effectiveness. Technology Collaboration: Partner with our technology team to innovate and optimize trading infrastructure, including both hardware and software. Regulatory Compliance: Ensure all trading activities comply with regulatory requirements and internal policies, with prompt reporting of any issues. Performance Analysis: Maintain comprehensive records of trading activities, evaluating performance metrics to identify areas for improvement. Team Collaboration: Engage with fellow traders and research teams to share insights, ideas, and market observations that drive success. What We Offer A competitive compensation package, including performance-based bonuses. A collaborative and innovative work environment that fosters growth. Access to state-of-the-art technology and resources. Exposure to a diverse range of financial markets and trading strategies. Career development opportunities within a fast-growing firm. If you are a highly motivated, analytical individual with a passion for quantitative trading and thrive in a dynamic, fast-paced environment, we encourage you to apply and be part of our team at (Your Company Name). Join us in shaping the future of quantitative trading in Chicago. Qualifications Bachelor’s or Master’s degree in a quantitative field such as Finance, Mathematics, Statistics, Computer Science, or a related discipline. In-depth understanding of financial markets and futures trading. Proven experience in quantitative trading, algorithmic trading, or a related domain. Proficiency in programming languages such as Python, R, or C++ for data analysis and strategy development. Familiarity with statistical modeling, data analysis, and machine learning techniques is a plus. Strong problem-solving abilities and critical thinking skills, especially in high-pressure trading environments. Excellent communication and teamwork capabilities. Adaptability to changing market conditions and a strong aptitude for taking calculated risks. Referrals increase your chances of interviewing at Jobot by 2x. Seniority level Not Applicable Employment type Full-time Job function Finance and Sales Industries Software Development, Technology, Information and Internet, and Technology, Information and Media #J-18808-Ljbffr