Free Subscription to CFO Magazine

Careers

You are here: Home : Careers : Job Search : Job Description

Equity Options Quant

  • Company Name Leading Online Brokerage for Retail Option Traders
  • Location  Chicago, IL
  • Date Posted 10/26/2009
  • Job Type Full-Time
  • Compensation $120K

Job Description

Our client is the leading online brokerage for retail option traders. We are seeking a quantitative analyst/trader with a proven background in developing equity option strategies to join our internal trading unit. You will take the lead in developing and optimizing high-volume trading and risk management strategies. Two years of experience in modeling and trading advanced equity options are required, including volatility surface modeling, risk management and dynamic hedging skills and in depth knowledge of the U.S. equity options exchanges. A self-starter, you will have the ability to analyze trading data and market conditions and identify optimal trading strategies based on selected criteria. Excellent data management skills, e.g. SQL queries, are required. Advanced programming languages, such as C#, Java or C++ are a plus. Preference will be given to academic all-stars.

SKILLS:
• 2 – 5 years equity derivatives trading
• Extensive modeling and risk management of large-scale portfolios
• Expert at manipulating and analyzing structured data (e.g. SQL)
• Strong teamwork, communication and problem solving skills
• Quantitative PhD preferred, Masters considered

Job Requirements

Less than 5 Years

Compare Cost of Living

Planning a move? Compare living-cost indexes and salary differentials in 300+ U.S. cities, to help you make an informed comparison.

Job Hunting Tactics