Senior Quantitative Analyst

2 weeks ago


Chicago, Illinois, United States Durlston Partners Full time

Senior Quantitative Analyst - Options Trading - $800k

Durlston Partners is seeking a seasoned Senior Quantitative Analyst to innovate and enhance quantitative models for a dynamic options trading desk. Collaborating closely with technology teams, you will ensure the seamless integration of trading algorithms into the trading framework, prioritizing low-latency execution.

Key Responsibilities:

  • Model Innovation: Create and refine sophisticated quantitative models for pricing, volatility analysis, and identifying short-term arbitrage opportunities.
  • Data Analysis: Utilize your statistical expertise to analyze extensive datasets, applying machine learning techniques to improve decision-making and uncover new trading prospects.
  • Strategy Enhancement: Optimize risk management protocols and execution efficiency.
  • Performance Evaluation: Conduct thorough back-testing of trading strategies, assessing potential profitability and risk. Employ post-trade analysis to continuously iterate and refine strategies, adapting to evolving market conditions.

Required Skills and Qualifications:

  • Proven expertise in options trading and market making, with a successful history of developing quantitative strategies.
  • In-depth knowledge of options pricing models, volatility surface dynamics, and the operational mechanics of options markets.
  • Strong programming skills in Python and C++.
  • Advanced Degree (Ph.D.) in a Quantitative discipline.

Preferred Qualifications:

  • Experience in a high-frequency trading environment is highly regarded.
  • Familiarity with machine learning frameworks is advantageous.


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