Mid-Level Quant Trader / Researcher / Developer - Merger Arbitrage Pod
Location: Chicago
Role Overview:
Join a newly launched Merger Arbitrage pod within a leading $35B multi-manager hedge fund based in Chicago. You will operate as a hybrid quant trader, researcher, and developer, working closely with portfolio managers and teammates to implement, execute, and optimize event-driven trading strategies.
Key Responsibilities:
- Implement and manage event-based and merger arbitrage trading strategies, leveraging both quantitative models and fundamental insights
- Develop, enhance, and maintain trading tools and infrastructure in a collaborative, fast-paced team environment
- Monitor trades, analyze performance, and rapidly troubleshoot issues across the trading stack
- Collaborate with PMs and researchers to translate ideas into systematic strategies
- Over time, take a larger role in researching and developing new alphas, trade ideas, and process improvements
Ideal Candidate:
- 2-5 years of experience in quantitative trading, research, or systematic strategy development (Merger Arb or event-driven preferred)
- Strong programming skills (Python/C++/R or similar) with demonstrated ability to build and support production trading tools
- Excellent communication and team collaboration skills; able to explain complex concepts clearly to PMs, researchers, and stakeholders
- Proven problem solver with high attention to detail and intellectual curiosity
- Degree in a quantitative field (Math, CS, Engineering, Finance, or related)
This is a growth role for a highly motivated quant who enjoys building, learning, and contributing to an entrepreneurial new trading initiative.
