5+ years of experience in a trading environment focusing on pricing models
Degree in computer science, mathematics, or a related field
Solid understanding of options pricing principles or modeling for other derivatives
Expertise in C++ and/or Java, emphasizing high-quality production code
Ability to work collaboratively with traders and technical experts
Strong analytical skills with a knack for system design from complex concepts
Responsibilities
Create and optimize algorithms for risk management across financial instruments
Design models to accurately reflect asset values in practical scenarios
Collaborate with traders and developers for precise model results
Take ownership of critical elements in the pricing library for trading desks
Produce reliable and scalable code in Java and C++
Benefits
100% coverage of health, dental, and vision insurance premiums
401(k) plan with a 4% company match
Unlimited paid time off and sick leave
Free lunch, coffee, drinks, and snacks
Commuter benefits
Monthly happy hours and annual team events
Full Job Description
About us
We are a proprietary trading firm specializing in systematic electronic options market-making. Our vision is to scale and automate our quantitative strategies through cutting-edge algorithmic infrastructure and a diverse, multidisciplinary team of traders, quantitative developers, and researchers. We distinguish ourselves through rigorous data-driven decision-making, advanced technology platforms, and innovative quantitative methodologies, enabling us to address the complex challenges inherent in highly efficient markets. Leveraging best-in-class low-latency execution systems, sophisticated risk management frameworks, and state-of-the-art computational infrastructure, we maintain a competitive edge in the high-frequency trading landscape. Our foundation rests upon a commitment to continuous learning, absolute transparency, and a collaborative approach to every facet of our operations.
What you'll do:
Create and optimize efficient algorithms for valuation and managing risks across a diverse range financial instruments.
Design and enhance models that accurately reflect asset values and risks in practical market scenarios.
Collaborate with traders and other developers to deliver model results that are precise, interpretable, and consistent with real market dynamics.
Take ownership of essential elements in our pricing library, used across all trading desks.
Produce dependable and scalable code in Java and C++
Qualifications and skills:
5+ years of experience in a trading environment focusing on pricing models
Degree in computer science, mathematics, or a related field
Solid understanding of options pricing principles or modeling for other derivatives.
Expertise in C++ and/or Java, emphasizing high-quality production code and optimized scalability.
Proven ability to work in cross-functional teams, particularly alongside traders and other technical experts.
Excellent analytical abilities and talent for transforming intricate concepts into functional systems.
Why Edgehog:
Small team advantage: Direct access to founders and senior team members from day one
Ownership early: Manage real P&L and make meaningful impact within your first year
Cutting-edge tech: Work with our proprietary models and low-latency trading systems built in-house
Tight feedback loops: Weekly 1-on-1s with your mentor, quarterly reviews with leadership
Chicago-based: Affordable cost of living, vibrant trading community
Benefits:
Comprehensive health, dental, and vision insurance with premiums 100% covered by the firm
401(k) with a 4% company match
Unlimited paid time off and sick leave
Free lunch, coffee, drinks, and snacks
Commuter benefits
Monthly happy hours and annual team events
The base salary range for this position is listed below. Base salary represents just one part of overall compensation; all full-time, permanent roles are eligible for a discretionary bonus and benefits, including items in the above list.
The base salary for this role is 150,000 - 175,000 USD per year
