Quantitative Researcher - Systematic

About this role

<div class="content-intro"><p>Chicago Trading Company (CTC) is a premier proprietary trading firm specializing in options market making.  Our collaborative culture fuels innovation in quantitative research, systematic trading strategies, and cutting-edge trading technology.  For over three decades CTC has provided critical liquidity across derivatives exchanges worldwide - making them fairer, more transparent, and more efficient.</p> <p>We strive to be the most innovative firm in the industry today, tomorrow, and long into the future while upholding ethical excellence. We believe that CTC 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 forward-thinking Traders, we are proud to call ourselves an industry leader that keeps making markets and each other better.</p></div><p><span data-contrast="auto">Quantitative research is a key driver of innovation at CTC and one of the pillars upon which our firm is built. We are seeking a Quantitative Researcher to partner with Trading and Technology to strengthen, scale, and evolve the firm's trading capabilities within one of the quant research teams. As a Quantitative Researcher, you will be embedded on a research desk, working close to the tip of the spear in a dynamic environment. This includes partnership with other researchers, traders and engineers on quantitative problem solving, trading strategy generation, back-testing, statistical analysis, and system design. Our environment of collaborative innovation and intellectual curiosity allows us to share in our victories while continually challenging ourselves to stretch the limits of our creativity. Take advantage of this opportunity to apply the scientific method to business problems as part of the Quant team at CTC!</span><span data-ccp-props="{"134233117":true,"134233118":true,"201341983":0,"335559740":240}"> </span></p> <h2><strong>What You’ll Do</strong></h2> <ul> <li><span data-contrast="auto">Analyze market data to come up with economic and microstructure hypotheses</span><span data-ccp-props="{"134233117":false,"134233118":false,"335551550":0,"335551620":0,"335557856":16777215,"335559738":0,"335559739":0}"> </span></li> <li><span data-contrast="auto">Build predictive and explanatory models to describe financial markets</span><span data-ccp-props="{"134233117":false,"134233118":false,"335551550":0,"335551620":0,"335557856":16777215,"335559738":0,"335559739":0}"> </span></li> <li><span data-contrast="auto">Add revenue by applying thorough research processes to real life business problems</span><span data-ccp-props="{"134233117":false,"134233118":false,"335551550":0,"335551620":0,"335557856":16777215,"335559738":0,"335559739":0}"> </span></li> <li><span data-contrast="auto">Conduct independent, high quality research in quantitative finance</span><span data-ccp-props="{"134233117":false,"134233118":false,"335551550":0,"335551620":0,"335557856":16777215,"335559738":0,"335559739":0}"> </span></li> <li><span data-contrast="auto">Communicate complex ideas and research results effectively, both in writing and verbally</span><span data-ccp-props="{"134233117":false,"134233118":false,"335551550":0,"335551620":0,"335557856":16777215,"335559738":0,"335559739":0}"> </span></li> <li><span data-contrast="auto">Drive innovation and results through analytical prowess and business acumen</span><span data-ccp-props="{"134233117":false,"134233118":false,"335551550":0,"335551620":0,"335557856":16777215,"335559738":0,"335559739":0}"> </span></li> </ul> <h2><strong>What We’re Looking For</strong></h2> <ul> <li><span data-contrast="auto">PhD in Science or Engineering fields (e.g. Statistics, Mathematics, </span><span data-contrast="none">Physics</span><span data-contrast="auto">, </span><span data-contrast="none">Applied Mathematics,</span><span data-contrast="auto"> Operations Research, </span><span data-contrast="none">Electrical Engineering</span><span data-contrast="auto">) strongly preferred</span><span data-ccp-props="{"134233117":false,"134233118":false,"335551550":0,"335551620":0,"335557856":16777215,"335559738":0,"335559739":0}"> </span></li> <li><span data-contrast="auto">Minimum 5…