Quant Trader (Options)
Job Description
Old Mission is a global proprietary trading firm that leverages state-of-the-art technology and research to identify and execute profitable trading strategies across multiple asset classes around the world. Our offices in Chicago, New York, and London are all composed of naturally-curious individuals who thrive in a team environment and constantly strive for improvement.
Old Mission does not seek capital from outside investors, allowing us the flexibility to aggressively invest in our team members and keep them engaged in the firm’s growth.
Responsibilities
- Implement and calibrate systematic market making strategies that provide liquidity in CME options on futures.
- Develop pricing models in collaboration with our quantitative research team.
- Build desk tooling for pricing, risk management and opportunity identification.
- Manage a portfolio of fixed income volatility products across different assets with various holding times and liquidity profiles.
- Analyze macroeconomic indicators, central bank policies, and other factors that influence interest rate volatility surfaces.
- Manage trading risks by setting appropriate limits and adhering to our risk management policies.
- Ensure all trading activities comply with regulatory requirements and internal policies.
- Work closely with other traders, quants and developers.
- Leverage a sophisticated trading platform to execute desired trades sourcing available liquidity across multiple exchanges.
Requirements
- An undergraduate or an advanced degree in a quantitative field such as computer science, engineering, or one of the hard sciences.
- 1-4 years of trading experience encompassing algorithmic trading and a strong knowledge of options theory.
- Proficiency with at least one of the following languages: Python, C++, Java, VBA, Matlab, or Ruby.
- The ability to work and solve problems as part of a team, often in a high-pressured environment.
- A strong desire for knowledge and to understand how things work.
- Proven trustworthiness and performance under the highest ethical standards.
Benefits and Perks
- Competitive salary with discretionary annual bonus
- Fully paid Medical, Dental, Vision, Disability, and Life Insurance
- Fully stocked kitchen; free breakfast and lunch every day on-site
- Tuition Reimbursement Program
- 401(k) with employer match
- Flexible Spending Plan
- Commuter Benefit Program
Old Mission is not accepting unsolicited resumes from any staffing/search firms. All resumes submitted by staffing/search firms to any employee at Old Mission via-email, the Internet or directly without a valid signed search agreement will be deemed the sole property of Old Mission, and no fee will be paid in the event the candidate is hired by Old Mission.