Demo

Systematic Options Trader

Wolverine Trading
Chicago, IL Full Time
POSTED ON 12/21/2024
AVAILABLE BEFORE 2/20/2025

Wolverine has an opportunity for an experienced quantitative trader/researcher to join a growing options market-making desk within a well-established firm. The ideal candidate has a passion for defining exchange-facing market-making algorithms and/or identifying options pricing volatility signals. You have experience defining research priorities and deriving actionable insights from large datasets within the exchange-listed options space, leveraging your deep knowledge of market microstructure.

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What You'll Do:
  • Grow firm profitability by influencing the development of trading algorithms and researching options pricing signals.
  • Define microstructure research initiatives and shape research infrastructure.


What We're Looking For:
  • 5 years of experience conducting or guiding research on large sets of exchange market data and/or options pricing datasets.
  • Proven track record of driving improvements on a systematic market-making desk or semi-systematic volatility trading desk—preferably at a top-tier market-making firm.
  • Exposure to and a deep understanding of low-latency market-making technology, including how insights gleaned from research projects are integrated into a production trading system.
  • Deep knowledge of exchange infrastructure and microstructure.
  • Strong communication skills and experience collaborating with software and hardware engineers to see your research through to production.
  • Strong background in statistics and/or linear algebra is a plus.
  • Experience with C or a similar programming language is a plus.


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All candidates must be eligible to work in the U.S. without sponsorship.


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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.

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