What are the responsibilities and job description for the Quantitative Trading Analyst position at Wolverine Trading?
Wolverine is looking for individuals motivated to learn the inner workings of a highly automated Market Making operation and eager to solve a broad range of problems within this segment of the financial markets.
Successful candidates can expect to sit on one of our trading desks and learn Wolverine’s approach to systematic Market Making, taking active ownership of a portion of our portfolio to build your knowledge base while also working on contained quantitative projects. We believe strongly that through this process of experiential learning, you will gain a broader perspective on how market makers fit into the financial system, enabling you to have more impactful long-term contributions towards the development of our automated systems and trading philosophies. This extended training period leads directly into a role in which you will shift your focus away from the direct management of our portfolio and towards driving our pricing, micro-structure strategy, and other pursuits that rely on the combination of your quantitative skillset and business understanding.
- Bachelor’s degree in analytical/quantitative field of study such as statistics, economics, mathematics, or computer science
- Computer programming experience is highly desirable
- Exceptional analytical and problem-solving skills
- Strong communication skills and a desire to work in a team environment
- Self-starter and independent attitude
- Demonstrated interest in financial markets and technology (finance background is not required and Options Education will be provided)
- Learn how to provide liquidity electronically to the marketplace and manage dynamic options exposures
- Maximize market making revenues through the management of settings and processes that affect our risk accumulations
- Conduct ad-hoc quantitative analyses within the domains of settings optimization, market microstructure research, key performance metric monitoring, and options pricing theory
Base salary is $100,000 - $150,000. Base salary is only one part of Wolverine Trading total compensation, which includes an annual discretionary bonus.
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Why Wolverine?
Wolverine Culture: Our flat organizational structure promotes teamwork across the Firm and offers easy access to senior staff (don't worry, they won't be wearing a suit either). While we work exceptionally well as a team in the office, our bonds are further strengthened through company events, activities and giving back. Volleyball, soccer, hockey, 5K runs, picnic, parties, and trivia nights provide friendly competition and build better relationships. By getting out of our usual environment and doing out-of-the-ordinary things together, we foster creativity and broaden our imaginations to accomplish new challenges. Wolverine Benefits: · Highly competitive salary & bonus opportunity · Generous paid time off and flexible scheduling · 100% coverage of medical, dental, vision, life, and disability benefits for single coverage · Generous Paid Parental Leave · Retirement Plans: 401K and Roth 401K · Profit sharing plan · Long- and short-term disability Perks of being at Wolverine: · Free breakfast and lunch from our in-house kitchen with rotating menus (including snacks!) · On-site gym with a subsidized membership · Frequent company outings · Opportunity to give back to organizations that help individuals in need in the Chicagoland area Professional Development: · In-house education team – classes and resources are offered for continuous learning opportunities · Mentorship Program through your first six months of employment About Us: Founded in 1994, the Wolverine companies comprise a number of diversified financial institutions specializing in proprietary trading, asset management, order execution services, and technology solutions. We are recognized as a market leader in derivatives valuation, trading, and value-added order execution across global equity, options, and futures markets. With a focus on innovation, achievement, and integrity, we take pride in serving the interests of both our clients and colleagues. The Wolverine companies are headquartered in Chicago with an office in New York and a proprietary trading affiliate office located in London.
Salary : $100,000 - $150,000
