Quantitative Researcher/Developer

Financial services firm specializing in proprietary trading, market making, and risk management across global financial and commodity markets.
$160,000 - $200,000
Data
Senior Software Engineer
In-Person
101 - 500 Employees
3+ years of experience
Finance

Description For Quantitative Researcher/Developer

DV Trading, a prominent financial services firm headquartered in Chicago, has evolved from its origins as a spinoff from a large brokerage firm into a dynamic force in global financial markets. With over 350 professionals across North America and Europe, the company has established itself as a key player in proprietary trading and risk management.

The firm is seeking a Senior Quantitative Researcher/Developer to join their team, focusing on sophisticated financial modeling and risk management systems. This role sits at the intersection of quantitative finance and software development, requiring both technical expertise and business acumen.

The ideal candidate will bring at least 3 years of experience in quantitative research or development, with a strong foundation in options pricing, volatility surfaces, and risk management. An advanced degree in a quantitative field is essential, demonstrating the deep theoretical knowledge required for this position.

What makes this role particularly exciting is the opportunity to work with DV Energy, a rapidly growing division specializing in energy market trading across global markets. You'll be at the forefront of developing and implementing sophisticated pricing models and risk management strategies that directly impact trading operations.

The position offers competitive compensation ranging from $160,000 to $200,000, plus a discretionary bonus structure. Beyond the financial benefits, you'll be joining a firm that values innovation, technical excellence, and collaborative problem-solving. The role provides unique exposure to global financial markets and the chance to work with cutting-edge quantitative trading strategies.

DV Trading's commitment to equal opportunity employment and creating an inclusive environment makes it an attractive destination for diverse talent looking to make their mark in quantitative finance. The position offers the perfect blend of technical challenge and business impact, ideal for someone looking to advance their career in financial technology.

Last updated 8 hours ago

Responsibilities For Quantitative Researcher/Developer

  • Improve real-time volatility fitting and options pricing models
  • Develop advanced pricing models and risk management strategies for commodities
  • Implement models in quant library and trading/risk platforms
  • Improve VaR methodology for options and commodity products
  • Develop and enhance risk management platform for traders
  • Work closely with trading, risk and technology teams

Requirements For Quantitative Researcher/Developer

Python
  • 3+ years of experience in QR or Quant Dev role focusing on options pricing and risk management
  • Advanced graduate degree (MS or PhD) in quantitative field
  • Experience with advanced math models and efficient implementation
  • Experience in front-office trading environment
  • Experience in derivatives pricing models and hedging techniques
  • Strong programming skills in Python and C++
  • Business driven with excellent communication
  • Strong attention to detail and project leadership abilities

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