Job
Junior Quantitative Trader
TransMarket Group
•
Dec 11
💼 Graduate Job
Chicago
AI generated summary
- Bachelor’s to Doctorate degree in a technical or industry related field, coursework in math and statistics, proficiency in Python, passion for markets and finance, attention to detail, strong work ethic, ability to work in a fast paced and collaborative environment. Must be onsite in Chicago, IL.
- The Junior Quantitative Trader at TransMarket Group will partner with senior traders to learn and assist in various trading activities, develop expertise in market fundamentals and risk management, build and maintain quantitative models, manage real-time execution of trades, analyze trades, and research and improve trading strategies.
Description
- Our Quantitative Traders are passionate about improving the global economy by facilitating risk transfer and restoring order to prices. At TransMarket Group you will be called on to work with teammates to eliminate inefficiencies and manage risk in the world’s financial markets. As a Junior Trader, you will gain early exposure to real time trading in order to develop situational awareness and a deep understanding of the market. In collaboration with Senior Traders and development through our formalized education program, you will have the scope to utilize risk management and strategic thinking skills to guide trades and explore new trading opportunities. The ideal candidate is intellectually curious, strives for continual improvement, has a disciplined appetite for risk, and is dedicated to mastering their market.
Requirements
- Bachelor’s, Master’s, or Doctorate degree in a technical or industry related field such as, but not limited to, mathematics, statistics or financial engineering with a graduation date between December 2023 and Spring 2024
- Required coursework: Differential Equations, Linear Algebra, Multivariable Calculus, Probability or Advanced Statistics
- Minimum major GPA of 3.5 out of 4 or equivalent scale
- Proficiency in Python required and some experience with C++, C#, Visual Basic, and other computer programming languages preferred
- Demonstrated passion for markets, finance, and trading such as, but not limited to personal trading, participation in trading competitions, attendance at firm discover days, industry related student groups or clubs and/or prior internship experience preferred
- Deep understanding of finance, math, and statistics
- Attention to detail and the ability to make sound judgments under pressure
- Strong work ethic and willingness to do what it takes to get the job done
- Ability to work in a fast paced and collaborative environment
- This position requires physical presence and is onsite at our office in Chicago, IL
Education requirements
Currently Studying
Bachelors
Area of Responsibilities
Data
Responsibilities
- Partner with Senior Traders to assist in and learn all facets of trading
- Develop expertise in relative value market fundamentals, quantitative modeling, and risk management
- Build and maintain quantitative model tools and analytics
- Manage real-time execution of semi-automated trading system
- Learn and analyze real-time trades
- Research and improve upon trading strategies
Details
Work type
Full time
Work mode
office
Location
Chicago