Derivatives Quantitative Researcher | Trading Team

Jump Trading

$200K — $300K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in quantitative strategy development
  • Expertise in equity options, ADRs, ETFs, or indexes
  • Experience with fair value modeling
  • Understanding of derivatives market and mechanisms
  • Proficient in Python or C++
  • Master's or PhD in relevant field from a top-tier university
  • Reliable availability for collaboration

Responsibilities

  • Apply math, statistics, and machine learning to market predictions
  • Identify patterns and signals in the global derivatives market
  • Collaborate with cross-functional teams on new ideas
  • Develop profitable predictive trading models
  • Conduct statistical analysis and data mining for insights
  • Participate in ongoing research initiatives

Benefits

  • Discretionary bonus eligibility
  • Comprehensive medical, dental, and vision insurance
  • Health Savings Account (HSA) and Flexible Spending Account (FSA)
  • Employer-paid life and AD&D insurance
  • Voluntary life and AD&D insurance options
  • Generous paid vacation and holidays
  • Retirement plan with employer matching contributions
  • Paid parental leave
  • Access to wellness programs
Full Job Description
Our trading teams are each comprised of a dynamic group of traders, quantitative researchers, and engineers who work together to examine the global markets, seeking to understand the complexities of various traded products and exchanges. They leverage their impeccable statistical analysis and data mining skills, using the results of their research to make forecasts and develop profitable predictive trading models.

What You'll Do:

The ideal person will apply math, statistics, and machine learning techniques to identify patterns and predict market signals in global derivatives space. Jump's quantitative researchers are constantly collaborating with other scientists, traders, hardware and software developers, and market facing business teams to push for best expression of our new ideas.

Other duties as assigned or needed.

Skills You'll Need:
  • Proven experience in developing successful quantitative driven strategies
  • Strong market expertise in one of the following products: equity options, ADRs, ETFs, index
  • Demonstrable experience developing or working on fair value models
  • Deep understanding of derivatives market complexity, product structure and market mechanisms
  • Solid development skills in Python and/or C++
  • Master or PhD degree in applied mathematics, statistics, operations research, machine learning, physics, and science related subjects from top tier university
  • Reliable and predictable availability


Benefits
  • Discretionary bonus eligibility
  • Medical, dental, and vision insurance
  • HSA, FSA, and Dependent Care options
  • Employer Paid Group Term Life and AD&D Insurance
  • Voluntary Life & AD&D insurance
  • Paid vacation plus paid holidays
  • Retirement plan with employer match
  • Paid parental leave
  • Wellness Programs


Annual Base Salary Range

$200,000-$300,000 USD

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