Senior Quantitative Analyst

2 weeks ago


Chicago, Illinois, United States Quanta Search Full time
Company Overview:
Quanta Search is dedicated to assisting organizations in pricing and managing risk effectively. Our work culture emphasizes collaboration among traders, quantitative analysts, technologists, and development teams, all striving to tackle the most challenging issues in the financial markets. We are committed to making a positive impact on the industry, enhancing the lives of our employees, and contributing to the communities we serve.

Position Summary:
We are in search of a seasoned Senior Quantitative Researcher to play a pivotal role in enhancing our trading capabilities within the Options Market Making (OMM) sector. This position involves close collaboration with Trading and Technology teams, focusing on quantitative problem-solving and strategy development in a fast-paced environment.

Key Responsibilities:
  • Collaborate directly with trading teams to transform market insights into actionable hypotheses.
  • Work alongside trading and technology to develop advanced options pricing models that adapt to market dynamics.
  • Utilize analytical skills and data to ensure the reliability of existing and prospective models.
  • Facilitate a swift innovation cycle that yields measurable successes through a continuous feedback loop involving quantitative research, trading, and post-trade evaluations.
  • Independently conduct research and experiments aimed at refining current strategies and implementing new ones that capitalize on evolving market opportunities.
  • Create data-driven tools and processes to enhance our trading and risk management methodologies.
  • Gain insights from a diverse team with extensive expertise in trading, quantitative analysis, and technology.
  • Mentor and guide junior quantitative researchers.
  • Contribute to achieving strategy-level and portfolio-level net trading profits.

Qualifications:
  • Proven expertise in quantitative research, particularly within the derivatives sector.
  • Demonstrated success in a collaborative team environment, prioritizing team achievements over individual accolades.
  • Ability to learn from experiences and continuously enhance skills.
  • Strong communication skills, capable of simplifying complex concepts for diverse audiences.
  • Experience in mentoring and leading quantitative research teams.
  • Proven ability to translate innovative ideas into practical outcomes.
  • Proficiency in C++ or Python is essential.
  • A PhD is not mandatory but will be considered favorably during the selection process.
Thank you for considering a career with Quanta Search.

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