What are the responsibilities and job description for the Junior Quantitative Trader position at Edgehog Trading?
Job Summary:
Edgehog Trading is a proprietary trading firm specialized in electronic option market making. Our vision is to scale and automate our strategies with a diverse team of traders, developers, and researchers. We pride ourselves on data-driven decision making and innovative problem-solving which allows us to tackle complex problems posed by efficient markets. We believe in continuous learning, absolute transparency, and a collaborative approach to everything we do.
What you will do:
• Price and manage option market making strategies across a variety of products
• Proactively manage the desk’s position to ensure the portfolio falls within assigned risk limits.
• Monitor trading algorithms and provide feedback to researchers and developers on areas of improvement.
• Devise new, innovative ways to tune trading parameters to increase desk profitability.
• Work across the entire organization to improve systems and overall firm performance
Qualifications and Skills:
• A degree in a quantitative field such as Computer Science, Economics, Engineering, Mathematics, Physics
• 0-2 years experience managing an options market making book, or a recent college graduate
• Exceptional mathematical ability, strong quantitative skills
• Collaborative team player willing to learn and accept feedback
• Comfortable in confidently making fast decisions in high pressure environments.
• Python or other programming experience is a plus but not required
Salary : $125,000 - $185,000