Jobs · Finance · Illinois

Principal Quantitative Researcher - Systematic

Chicago Trading Company · Chicago, IL · 3 wk ago
FinanceFull-time

What You’ll Do

  • Define and articulate a long-term vision that will lead to new sources of revenue, evolving with business needs and market structure
  • Cultivate independently conducted, high-quality research that supports the team and generates positive PnL
  • Develop a structured roadmap and ensure quant functions remain focused, aligned, and accountable
  • Direct development of innovative infrastructure across pricing models and research platforms
  • Foster coordination across risk management, development, and quantitative research to drive measurable business impact
  • Provide thought leadership while applying academic rigor to practical trading applications

What We’re Looking For

  • PhD in Science or Engineering fields (e.g. Statistics, Mathematics, Physics, Operations Research, Electrical Engineering) strongly preferred
  • Experience in a top systematic trading team of which at least 10 years as a quantitative researcher
  • Proven ability to conduct independent, high-quality research
  • Demonstrable track record of generating positive PnL
  • Exceptional ability to communicate complex ideas and research results, both in writing and verbally
  • Experience with the software development lifecycle with advanced programming skills
  • Unique combination of analytical prowess, programming skills, and acute understanding of business
  • Unwavering commitment to quality, coupled with a drive for delivering commercial outcomes
  • Strong Python skills including Numpy and Pandas libraries

Nice to Haves

  • Management experience leading a healthy and empowered team, driving accountability
  • Experience with a wide variety of market and alternative data
  • Expertise in US options markets, options pricing models, volatility surfaces, and risk management techniques
  • Strong Python skills including Numpy and Pandas libraries
  • Strong track record of publications in an industry setting

Compensation

The salary range for this role is listed below. This role is also eligible for an annual discretionary bonus. The discretionary bonus will be dependent upon the individual’s skills, experience, qualifications, and firm performance.

Our Benefits

We strongly believe in the well-being of our employees and their families so we offer outstanding benefits to support you both professionally and personally. These benefits include generous time off, insurance coverage, paid parental leave, free breakfast and lunch (plus healthy snacks, of course), wellness reimbursement, and a variety of other benefits focused on providing the best employee experience.

Disclaimer

Note that emails sent to this email account for non-disability related issues, such as following up on an application, will not receive a response.

Use of Artificial Intelligence (AI)

Information submitted by job applicants may be evaluated by automated systems, including Artificial Intelligence (AI), as part of the recruitment process. Such systems are utilized to enhance the efficiency and effectiveness of our hiring procedures. Applicants are advised that any information provided may be evaluated by AI tools to ensure an equitable and thorough assessment.

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