The Role The Quant Trading Associate (QTA) role is our entry-level position within our Trading and Quant organization and gives you broad exposure to the whole business as you work towards graduating from the Associate Program and assuming a role on a team as a Quantitative Trader.
As a QTA, you will work in a high-impact role as a member of a trading team. You will play a vital part in identifying trading opportunities and communicating with traders, risk managers, software engineers, and quants throughout the trading day. You will learn all aspects of the trading operation and work towards a role that generates trading revenue for the team. In addition to the trading and quantitative side of the business, you will have exposure to technology through our combined trading and technology curriculum.
We encourage competitiveness and collaboration in equal measure and strive to better each other to win as one team.
What to Expect Due to the dynamic nature of this business, we cultivate an environment of continuous learning and growth through an in-house education department. Through formal classroom work, mock trading, and real-time practical exposure, you will gain a holistic introduction to the derivatives market while sharpening your quantitative skillset. You can expect:
- An introduction to options pricing, theory, trading philosophies, and programming courses
- Exposure to different product areas and responsibilities
- One-on-one mentorship from senior members in the firm
- Opportunities to grow quickly and start making autonomous trading decisions
- Participation in data-driven research for the purpose of alpha generation
What it takes for you to be successful: - You have a competitive drive and are a highly motivated individual that only gets stronger as part of a collaborative team
- An aspiration to collaborate with traders, quants, developers, and other experts to further CTC's goal of providing world class liquidity to financial markets
- You love solving complex problems
- You're intellectually curious and like to challenge the status quo
- You can effectively communicate sophisticated ideas both written and verbally
- Strong quantitative and analytical abilities
- Basic programming skills or a willingness to learn Python
- No prior experience in finance is necessary, but a deep curiosity and a hunger to learn is essential
Key requirements: - Pursuing a bachelor's or master's degree. All majors and concentrations welcome.
- You have a demonstrated record of success (academics, awards, etc.)
- You are willing to relocate to Chicago, IL
Why should you consider a career at CTC? - Be part of a fast-growing, industry-leading global trading company
- Opportunity to work with and learn from forward-thinking leaders in our industry
- Experience innovation, teamwork, and fun while working in an intellectually stimulating environment
- Join an ambitious, collaborative workplace where there is no limit to what you can learn and what you will be able to contribute
- Excellent growth potential
- Competitive pay and comprehensive benefits package including free breakfast and lunch (and healthy snacks of course!) as well as a fitness center membership
CompensationThe salary range for this role is listed below. This role is also eligible for an annual discretionary bonus. The discretionary bonus will be dependent upon the individual's skills, experience, qualifications, and firm performance.
Salary Range
$150,000-$175,000 USD
Most teams at CTC, with the exception of Trading, follow a hybrid workplace model, subject to change based on business need.
Our Benefits We strongly believe in the well-being of our employees and their families so we offer outstanding benefits to support you both professionally and personally. These benefits include generous medical coverage, paid parental leave, free breakfast and lunch (plus healthy snacks, of course), wellness reimbursement, quarterly recharge days, and a variety of other benefits focused on providing the best employee experience.
(Disclaimer: interns and contractors are not eligible for benefits at CTC)
