Chicago Trading Company
Quantitative Researcher - Systematic
Chicago Trading Company, Chicago, Illinois, United States, 60290
CTC is a cutting-edge proprietary trading firm that focuses on pricing and managing risk with a collaborative and ethical culture. It began in 1995 and has become a leader in quantitative research, consistently bringing innovative solutions to the market.
Overview We seek a Quantitative Researcher to partner with Trading and Technology teams, contributing to the quantitative research desk. The role involves working closely with researchers, traders, and engineers on quantitative problem solving, strategy generation, back‑testing, statistical analysis, and system design.
Responsibilities
Analyze market data to develop economic and microstructure hypotheses.
Create predictive and explanatory models that describe financial markets.
Add revenue by applying thorough research processes to real‑life business problems.
Conduct independent, high‑quality research in quantitative finance.
Communicate complex ideas and research results effectively, both in writing and verbally.
Drive innovation and results through analytical prowess and business acumen.
Qualifications
PhD in Science or Engineering fields (e.g., Statistics, Mathematics, Physics, Applied Mathematics, Operations Research, Electrical Engineering) strongly preferred.
Minimum 5 years of experience as a Quantitative Researcher in a top systematic trading team.
Demonstrable track record of generating positive PnL.
Advanced programming skills and experience with the software development lifecycle.
Proven ability to blend academic rigor with practical application in fast‑paced trading environments.
Unwavering commitment to quality and a drive for delivering commercial outcomes.
Python skills including NumPy and Pandas libraries.
Nice to Have
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 track record of publications in an industry setting.
Compensation Salary range: $200,000—$300,000 USD, with eligibility for an annual discretionary bonus based on individual and firm performance.
Benefits
Generous medical coverage
Paid parental leave
Free breakfast and lunch (plus healthy snacks)
Wellness reimbursement
Quarterly recharge days
Additional benefits focused on supporting professional and personal well‑being
Equal Employment Opportunity CTC is an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, sex, gender expression, sexual orientation, age, marital status, veteran status, or disability status. Reasonable accommodations are provided for individuals with disabilities.
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Overview We seek a Quantitative Researcher to partner with Trading and Technology teams, contributing to the quantitative research desk. The role involves working closely with researchers, traders, and engineers on quantitative problem solving, strategy generation, back‑testing, statistical analysis, and system design.
Responsibilities
Analyze market data to develop economic and microstructure hypotheses.
Create predictive and explanatory models that describe financial markets.
Add revenue by applying thorough research processes to real‑life business problems.
Conduct independent, high‑quality research in quantitative finance.
Communicate complex ideas and research results effectively, both in writing and verbally.
Drive innovation and results through analytical prowess and business acumen.
Qualifications
PhD in Science or Engineering fields (e.g., Statistics, Mathematics, Physics, Applied Mathematics, Operations Research, Electrical Engineering) strongly preferred.
Minimum 5 years of experience as a Quantitative Researcher in a top systematic trading team.
Demonstrable track record of generating positive PnL.
Advanced programming skills and experience with the software development lifecycle.
Proven ability to blend academic rigor with practical application in fast‑paced trading environments.
Unwavering commitment to quality and a drive for delivering commercial outcomes.
Python skills including NumPy and Pandas libraries.
Nice to Have
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 track record of publications in an industry setting.
Compensation Salary range: $200,000—$300,000 USD, with eligibility for an annual discretionary bonus based on individual and firm performance.
Benefits
Generous medical coverage
Paid parental leave
Free breakfast and lunch (plus healthy snacks)
Wellness reimbursement
Quarterly recharge days
Additional benefits focused on supporting professional and personal well‑being
Equal Employment Opportunity CTC is an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, sex, gender expression, sexual orientation, age, marital status, veteran status, or disability status. Reasonable accommodations are provided for individuals with disabilities.
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