Demo

Principal Engineer

Chicago Trading Company
Chicago, IL Full Time
POSTED ON 3/5/2025
AVAILABLE BEFORE 4/3/2025
CTC is a cutting-edge proprietary trading firm with a long-term vision and a clear focus on helping the world price and manage risk. Our fun and trusting culture inspires us to solve the industry's most challenging problems and take calculated risks in a collaborative environment.

We strive to be the most innovative firm in the industry today, tomorrow, and long into the future while upholding ethical excellence. We believe that CTC makes a positive impact on the markets, the lives of our employees, and all the communities to which we belong. Started in 1995 by a team of forward-thinking Traders, we are proud to call ourselves an industry leader that keeps making markets and each other better.

What You'll Do

  • Develop, test, and maintain high-performance trading applications, backtesting tools, and libraries using Python, with a focus on volatility products.
  • Work closely with traders to translate strategies into technical requirements, and with researchers to optimize the integration of models into live trading systems.
  • Create and drive a technical roadmap developing strong, dependable, and easy-to-maintain code in accordance with established guidelines and industry norms.
  • Participate in code reviews, provide constructive feedback, and contribute to continuous improvement within the team.
  • Keep up-to-date with the latest advancements in trading technology, Python development, and related libraries and frameworks.

What We're Looking For

  • Significant experience in working directly on a systematic trading desk. Options experience strongly preferred.
  • Experience in an architect-level role.
  • Hands-on experience with Python and proficiency in modern Python concepts such as asyncio.
  • Experience designing and implementing systems capable of processing real-time market data at low latencies and integrating seamlessly with research pipelines.
  • Experience designing and implementing high-performance and flexible research systems capable of hosting and processing terabytes of data on a computer cluster with GPU and tens of thousands CPU cores.
  • Experience using numerical toolkits such as pandas and NumPy is preferred but not required.

Compensation

  • Salary range is $150,000 - $225,000, plus a discretionary bonus.
  • The discretionary bonus will be dependent upon the individuals skills, experience, qualifications, and firm performance.

Most teams at CTC, with the exception of Trading, follow a hybrid workplace model, subject to change based on business need.

Our Benefits

We strongly believe in the well-being of our employees and their families so we offer outstanding benefits to support you both professionally and personally. These benefits include generous medical coverage, paid parental leave, free breakfast and lunch (plus healthy snacks, of course), wellness reimbursement, quarterly recharge days, and a variety of other benefits focused on providing the best employee experience.

(Disclaimer: Interns and Contractors are not eligible for benefits at CTC)

Our Commitment to Diversity, Equity and Inclusion

At CTC, we aim to cultivate a workplace that celebrates diversity and each person feels included, engaged and empowered. Where each of us feels we belong. We are committed to having a diverse workforce and are proud to be an equal opportunity employer. CTC does not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment.

If you have a disability and believe you need a reasonable accommodation in order to search for a job opening or to apply for a position, please contact us at info@chicagotrading.com. Note that emails sent to this email account for non-disability related issues, such as following up on an application, will not receive a response.

Salary : $150,000 - $225,000

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Principal Engineer?

Sign up to receive alerts about other jobs on the Principal Engineer career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$162,237 - $199,353
Income Estimation: 
$222,110 - $256,974
Income Estimation: 
$224,976 - $270,947
Income Estimation: 
$205,834 - $254,869
Income Estimation: 
$242,530 - $287,120
Income Estimation: 
$79,882 - $99,769
Income Estimation: 
$105,207 - $132,120
Income Estimation: 
$94,567 - $126,847
Income Estimation: 
$88,984 - $115,784
Income Estimation: 
$111,369 - $141,168
Income Estimation: 
$117,871 - $153,580
Income Estimation: 
$109,939 - $144,341
Income Estimation: 
$114,500 - $144,633
Income Estimation: 
$105,207 - $132,120
Income Estimation: 
$127,470 - $161,562
Income Estimation: 
$94,567 - $126,847
Income Estimation: 
$111,369 - $141,168
Income Estimation: 
$131,745 - $167,716
Income Estimation: 
$144,503 - $184,592
Income Estimation: 
$102,541 - $137,871
Income Estimation: 
$153,752 - $200,235
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at Chicago Trading Company

Chicago Trading Company
Hired Organization Address Nebraska, NE Part Time
Job Title : Remote Information Technology Support Specialist Location : Remote If you are interested, please submit your...
Chicago Trading Company
Hired Organization Address Delaware, DE Part Time
Job Title : Remote Information Technology Support Specialist Location : Remote If you are interested, please submit your...
Chicago Trading Company
Hired Organization Address Alabama, AL Part Time
Job Title : Remote Information Technology Support Specialist Location : Remote If you are interested, please submit your...
Chicago Trading Company
Hired Organization Address Missouri, MO Part Time
Job Title : Remote Information Technology Support Specialist Location : Remote If you are interested, please submit your...

Not the job you're looking for? Here are some other Principal Engineer jobs in the Chicago, IL area that may be a better fit.

Junior Engineer

Junior Engineer, Chicago, IL

Principal Engineer

DocuSign, Chicago, IL

AI Assistant is available now!

Feel free to start your new journey!