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Quantitative Trader (Options)

Old Mission · Chicago, IL
Full-timeTradingGeneral$68,000–$92,000/yr
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About the Quantitative Trader role

Quantitative Trader positions focus on delivering results in their domain. This page aggregates open Quantitative Trader roles and what employers typically expect.

Old Mission is a global proprietary trading firm that leverages state-of-the-art technology and research to identify and execute profitable trading strategies across multiple asset classes around the world. Our offices in Chicago, New York, and London are all composed of naturally-curious individuals who thrive in a team environment and constantly strive for improvement. Old Mission does not seek capital from outside investors, allowing us the flexibility to aggressively invest in our team members and keep them engaged in the firm’s growth. Responsibilities Implement and calibrate systematic market-making strategies that provide liquidity in CME options on futures. Develop pricing models in collaboration with our quantitative research team. Build desk tooling for pricing, risk management, and opportunity identification. Manage a portfolio of fixed income volatility products across different assets with various holding times and liquidity profiles. Analyze macroeconomic indicators, central bank policies, and other factors that influence interest rate volatility surfaces. Manage trading risks by setting appropriate limits and adhering to our risk management policies. Ensure all trading activities comply with regulatory requirements and internal policies. Work closely with other traders, quants and developers. Leverage a sophisticated trading platform to execute desired trades, sourcing available liquidity across multiple exchanges. Required Skills An undergraduate or an advanced degree in a quantitative field such as computer science, engineering, or one of the hard sciences. 1-4 years of trading experience encompassing algorithmic trading and a strong knowledge of options theory. Proficiency with at least one of the following languages: Python, C++, Java, VBA, Matlab, or Ruby. The ability to work and solve problems as part of a team, often in a high-pressured environment. A strong desire for knowledge and to understand how things work. Proven trustworthiness and performance under the highest ethical standards. Benefits and Perks Fully paid Medical, Dental, Vision, Disability, and Life Insurance Fully stocked kitchen; free breakfast and lunch every day on-site Tuition Reimbursement Program 401(k) with employer match Paid Vacation, Sick, and Parental leaves Commuter and Flexible Spending Programs Base Salary Range $150,000 - $200,000 - Salaries are based on numerous factors such as skills, experience, and education. Our compensation package also includes a discretionary bonus and a comprehensive benefits program for full-time employees. For more information, reach out to your recruiter. Old Mission is not accepting unsolicited resumes from any staffing/search firms. All resumes submitted by staffing/search firms to any employee at Old Mission via-email, the Internet or directly without a valid signed search agreement will be deemed the sole property of Old Mission, and no fee will be paid in the event the candidate is hired by Old Mission.

Salary estimate

$68,000 – $92,000/yr
Provided by the employer.

Skills for this role

PythonJAVAC++RUBY

Resume tips for Quantitative Trader applicants

Interview preparation

Prepare concrete STAR-format stories that show Quantitative Trader outcomes you drove.

Research the employer's product and recent news before the interview.

Be ready to explain how you'd approach a typical Quantitative Trader problem end to end.

Have thoughtful questions ready about the team, tools and success metrics.

About Old Mission

Old Mission is actively hiring on Jobedly. Explore their open roles and what it's like to work there.

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