Quantitative Trading Analyst Fall 2022 Recruitment

  • Job Description:
    • Are you excited by the opportunity to be part of a dynamic trading environment that values teamwork and collaboration? Do you thrive in an innovative atmosphere? If so, we encourage you to consider Chicago Trading Company!

      Our History

      Chicago Trading Company (CTC) is a forward-thinking, technology-focused proprietary trading firm that helps the world price and manage risk. Our fun and trusting culture inspires us to solve the industry’s most challenging problems and take smart risks in a collaborative environment. We strive to be the most innovative firm in the industry that makes a positive impact on the markets, the lives of our employees, and all the communities to which we belong.

      Started in 1995 by a team of traders, we are proud to call ourselves an industry leader that keeps making markets and each other better. As we look to the future, we strive to scale our successful options market making business to expand into new markets, new technologies, and new geographies. Our technology and information platforms will play a paramount role in that growth and expansion.

      The Role

      The Quantitative Trading Analyst (QTA) role is our entry-level position within our Trading and Quant organization and gives you broad exposure to the whole business before you move into a more specialized role as a Trader, Quant Trader, Quant Developer, or Quant Researcher.

      As a QTA, you will have the opportunity to rotate through multiple areas across our Trading and Quant organization which could include: an electronic trading desk, a risk management desk, or a quantitative role in a trading group. In a trading rotation, you will play a vital role in identifying trading opportunities and communicating with software engineers, quants, traders, and risk managers throughout the trading day. In a quantitative rotation, you will impact your group through dynamic problem solving by working on trading strategy formulation, back-testing, data analysis, prototype application design, and the modeling and pricing of traded financial derivatives. At CTC 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, and trading philosophies, in addition to programming courses

      • Exposure to different product areas and responsibilities

      • One-on-one mentorship from senior members in the firm

      • Strong emphasis on teamwork and collaboration

      • 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

      • You have a desire to work in tandem 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

      • You have a strong quantitative and analytical skill set

      • You have basic programming skills and a desire to learn Python, Java, or C++

      • No prior experience in finance in necessary, but a deep curiosity and a hunger to learn is essential

      Key requirements:

      • You are pursuing a Bachelor’s or Master’s degree. All majors and concentrations welcome.

      • You expect to graduate between December 2022-June 2023

      • You have a demonstrated record of success (academics, awards, etc.)

      • You are willing to relocate to Chicago, IL (limited openings in New York or London)

      • You are either eligible to work in the United States with no restrictions or you are eligible to work in the United States temporarily/will require visa sponsorship for permanent authorization

      Why should you consider a career at CTC?

      • Be part of a fast-growing, industry-leading global technology 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 a challenging, 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

      Application Timeline:

      Please apply by October 1, 2022.

      • Following the application process, you will receive an online aptitude assessment to test your critical thinking skills. 

      • Based on your assessment results, you may be invited to a virtual first-round interview. We will notify you about your first-round interview status on a rolling basis. 

      • We will contact you shortly after your first-round interview regarding your candidacy for final round interviews.

      Our Commitment to Diversity, Equity and Inclusion

      At CTC, we aim to cultivate a workplace that celebrates diversity and each person feels included, engaged and empowered. Where each of us feels we belong. We are committed to having a diverse workforce and are proud to be an equal opportunity employer. We consider qualified applicants without regard to race, color, religion, national origin, age, marital status, veteran status, gender expression or identity, sexual orientation, disability, citizenship, or any other legally protected class.

      If you have a disability and believe you need a reasonable accommodation in order to search for a job opening or to apply for a position, please contact us at info@chicagotrading.com. Note that emails sent to this email account for non-disability related issues, such as following up on an application, will not receive a response.