Quantitative Trader - Entry Level 2027

Belvedere Trading is a leading proprietary trading firm proudly headquartered in downtown Chicago. Our traders work hard to provide liquidity to the market through their market-making activities and specialize in commodities, interest rates, exchange-traded funds (ETF), and equity index options. From the beginning, we have iteratively invested in proprietary technology, building our systems from the ground up. Our trading models and software systems are continually re-engineered, optimized, and maintained to stay ahead in the industry, driven by the dedicated efforts of our technology teams.

About the role

At Belvedere Trading, Quantitative Traders are some of the industry’s most quantitative problem solvers. This unique role fosters collaboration across our proprietary technology and trading teams, placing you at the forefront of technology immersion while learning best practices in software development. Quantitative Traders implement sophisticated trading strategies and focus on projects related to trading logic development, electronic trading strategies, and quantitative research. If you love technology and financial markets, this position might be for you.

Responsibilities

• Daily trading activities – Assist with order execution, trade checking, and trade reconciliations.
• Desk strategy – Participate in strategy meetings and collaborate with your team on position management.
• Development projects – Lead and participate in specific quantitative development projects that enhance trader-facing technologies.
• Research – Engage in quantitative research and apply quantitative strategies while learning concepts behind our core market-making operations.
• Data Analysis – Perform analyses on large data sets and derive insights to support trading strategies.
• Training – Participate in continuous, hands-on training covering option valuation, game theory, hedging, portfolio analysis, and simulated trading games to learn option pricing and financial engineering, both theoretically and in practice.
• Collaborate – Partner with teammates to exchange ideas, solve problems, and contribute to a high-performing team environment.

Requirements

• Ability to live in or relocate to Chicago.
• Graduation date between December 2026 and Spring 2027.
• Strong communication skills – ability to speak confidently and concisely, especially under pressure.
• Analytical mindset – quantitative thinking and problem-solving with strong data analysis skills.
• Team player – demonstrated success working in team-based environments.
• Core development skills – training or demonstrated ability to learn programming languages such as C++, C#, and Python.
• AI fluency – ability to effectively use AI tools to improve efficiency while maintaining independent judgment.
• Knowledge of financial markets and trading industry is a plus but not required.
• For trading positions and certain engineering roles, the SIE and Series 57 licenses are required; Belvedere provides study materials and dedicated time during onboarding for certification.
• Regular and reliable attendance during business hours, with the ability to be on-site prior to the start of business occasionally.
• Ability to remain at a desk and concentrate for long periods of time.

Pay

$140,000 a year. Additionally, certain positions at Belvedere Trading are eligible for discretionary bonuses.

Benefits

Our employees have access to a variety of benefits. For more details, visit our website.

Core Values

The secret to our award-winning culture is our Core Values: Team Belvedere, Me In Team, Own It, Build Rockets, and Passionate Discourse. We live and breathe these values every day.

Belvedere is an Equal Opportunity Employer committed to providing a non-discriminatory employment environment. We encourage diversity and inclusion, where team members thrive on individual and organizational characteristics, values, experiences, and backgrounds.