What are the responsibilities and job description for the Quantitative Researcher position at Maven?
Quantitative Researcher (Maven Securities US Limited, Chicago, IL)
THE ROLE:
- Design, build, develop, maintain, and calibrate innovative real-time trading models and solutions for low latency trading systems for exchange-traded options and futures.
- Develop base price valuation algorithms.
- Design quoting strategy algorithms.
- Build Size Edge models.
- Support challenging projects, including option pricing models, volatility modeling and fitting, trading parameter optimization, and event modeling.
- Perform forward modeling, including of rates and dividends.
- Model event and volatility across strikes and expiries.
- Calibrate pricing parameters using live and historic market data.
- Coordinate projects that have a direct impact on trading performance by collaborating with other researchers and traders from various scientific fields and prestigious academic institutions.
- Share knowledge and expertise with other researchers to tackle challenging quantitative projects.
- Work with developing predictive models (pricing models, volatility models, and event modeling)
- Verifying complex hypotheses using large data sets; researching advanced algorithms; programming with Python and C ; visualizing multi-dimensional data; developing real-time performance measurement tools; improving trading strategies; options and futures; and market making.
Salary Range: $175,000 - $250,000.
WHAT WE ARE LOOKING FOR:
- Requires Master’s degree in Financial Engineering, Applied Mathematics, Physics, or a related field of study, plus four (4) years of experience with developing predictive models (pricing models, volatility models, and event modeling); verifying complex hypotheses using large data sets; researching advanced algorithms; programming with Python and C ; visualizing multi-dimensional data; developing real-time performance measurement tools; improving trading strategies; options and futures; and/or, market making.
WHAT WE OFFER:
- Amazing opportunity to be a key member of a highly committed employee-owned trading firm.
- The upside of start-up without the associated risks.
- Great friendly, informal and highly rewarding culture.
- Informal dress code.
- Fast growing global firm with plenty of opportunity where you will have significant impact.
- Benefits: Medical, Dental, Vision Insurance coverage for employees and their dependents. 401k with employer match. Short Term Disability, Long Term Disability, and Life Insurance. Annual learning and development stipend.
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Salary : $175,000 - $250,000
