full-time
Quantitative Researcher
Group One Trading
- Employer
- Group One Trading
- Location
- Chicago
- Working pattern
- on-site
- Salary
- $175,000–$225,000 / year
About the role
Develop and validate quantitative research to improve trade quality, volume, and profitability in equity options market-making. Analyze pricing, volatility, hedging, and portfolio risk models, then partner with traders and quantitative developers to implement successful research in production. Candidates should have professional experience in quantitative research, trading, or risk modeling involving equity options, along with expertise in volatility modeling, option pricing, and complex portfolio risk. A scientific degree and proficiency in Python and SQL or comparable tools are expected, as are strong analytical skills and an understanding of equity options market structure.