5-7 years of experience in financial markets (market data, reference data, risk)
Quantitative STEM degree with strong interest in financial markets and risk analytics
Expertise in financial derivatives modeling, including futures and options
Strong programming skills in Java/C++ and familiarity with SQL or scripting languages (Python/R)
Proficient in statistical concepts including Bayesian modeling and time series analysis
Responsibilities
Develop and implement quantitative models and software applications
Maintain and optimize existing software applications
Write technical specifications and translate business requirements
Regularly communicate with senior management and technical teams
Process and analyze high-frequency financial market data
Monitor and improve quality of analytical data
Collaborate with product managers on documentation and specifications
Benefits
Medical, dental, and vision coverage
401K or pension company match
Life and AD&D insurance
Employee stock purchase plan (ESPP)
Paid time off and additional voluntary benefits
Full Job Description
Job Description:
To support strong partnership and team connection, this role follows a four day in office work model.
Role Overview
Cboe Data Vantage is looking for an experienced software engineer who is excited about combining strong engineering skills with financial quantitative analysis. The role focuses on modeling a diverse set of financial instruments and includes portfolio analysis. You will work within a team of seasoned developers, technologists, and quants all with deep experience in financial markets and financial modeling. Data Vantage's clients are among the largest and most prestigious financial institutions and rely on our expertise in this space.
Your responsibilities will be:
Develop, optimize, and debug real-time financial analytics software
Evaluate, tune, and improve model performance, stability, and accuracy
Analyze market data, derived market data, and reference data
Collaborate closely with our reference data, real-time data, and historical data teams
Provide 2nd level support for production applications developed by the team. Respond to customer questions regarding our analytics and models
Write technical specifications, project plans, and documentation
Regular communication with senior managers and technical colleagues
Work with sales team to support presales engagements
The ideal candidate has:
3+ years in Java or C# (or equivalent), including understanding of parallel and multithreaded design patterns.
1+ year in C++ preferred - our system is primarily Java, but performance-critical calculations run in C/C++ and CUDA
Background in financial markets, derivatives pricing, and/or risk analysis. Equity derivatives experience is a plus.
Ability to explain a complex software system end-to-end, from inputs to output, including its design rationale and business value
Ability to work as a self-starter; take ownership of projects from start to finish; develop requirements and specifications; QA testing, documentation and production release
Education: Minimum of a bachelor's degree in a STEM field, but a master's degree preferred.
Benefits and Perks
We value the total wellbeing of our people - including health, financial, personal and social wellness. We believe standard benefits like health insurance and fair pay are given at any organization. Still, you should know what we offer:
Medical Coverage
Prescription Drug Coverage
Additional Medical Benefit
Dental Coverage
Vision Coverage
401K or Pension Company Match
Spending Accounts
Life and AD&D Insurance
Retirement Savings Plan
Employee Stock Purchase Plan (ESPP)
Voluntary & Additional Benefits
Paid Time Off
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About Chicago Board Options Exchange
The Chicago Board Options Exchange, located at 433 West Van Buren Street in Chicago, is the largest U.S. options exchange with an annual trading volume of around 1.27 billion at the end of 2014. CBOE offers options on over 2,200 companies, 22 stock indices, and 140 exchange-traded funds.
The Chicago Board of Trade established the Chicago Board Options Exchange in 1973. The first exchange to list standardized, exchange-traded stock options began its first day of trading on April 26, 1973, in celebration of the 125th birthday of the Chicago Board of Trade. The CBOE is regulated by the Securities and Exchange Commission and owned by Cboe Global Markets.
