Junior Systematic Options AnalystDepartment: Trading
Employment Type: Full Time
Location: Chicago, IL
Compensation: $100,000 - $125,000 / year
DescriptionWolverine has an opportunity for an early career quantitative analyst to join a growing options market-making desk within a well-established firm. The ideal candidate has a passion for defining exchange-facing market-making algorithms and/or identifying options signals from market data. You have experience defining research priorities and deriving actionable insights from large datasets within the exchange-listed options space or other asset classes, leveraging your deep knowledge of market microstructure.
What You'll Do- Grow firm profitability by influencing the development of trading algorithms and researching options pricing signals.
- Define microstructure research initiatives and shape research infrastructure.
What We're Looking For- 0-3+ years of experience conducting or guiding research on large sets of exchange market data and/or options pricing datasets.
- Proven track record of deriving insights from data.
- Exposure to and a deep understanding of low-latency market-making technology, including how insights gleaned from research projects are integrated into a production trading system.
- Knowledge of exchange infrastructure and microstructure.
- Strong communication skills and experience collaborating with software and hardware engineers to see your research into production.
- Strong background in statistics and/or linear algebra is a plus.
- Experience with C++ and Python or a similar programming language is a plus.
Benefits:- Highly competitive salary & bonus opportunity
- Generous paid time off and flexible scheduling
- 100% coverage of medical, dental, vision, life, and disability benefits for single coverage
- Generous Paid Parental Leave
- Retirement Plans: 401K and Roth 401K
- Profit sharing plan
- Long- and short-term disability
Additional Perks:- Free breakfast and lunch from our in-house kitchen with rotating menus (including snacks!)
- On-site gym with a subsidized membership
- Frequent company outings
- Opportunity to give back to organizations that help individuals in need in the Chicagoland area
Professional Development:- In-house education team - classes and resources are offered for continuous learning opportunities
- Mentorship Program through your first six months of employment
The base compensation range for this role is approximately $100,000-$125,000 contingent on experience. Wolverine Trading's total compensation model includes base salary and an annual discretionary bonus.
