Junior Quantitative Researcher

at Valkyrie Trading in Chicago, Illinois, United States

Job Description

Valkyrie Trading seeks a Junior Quantitative Researcher in Chicago, IL, to work at the intersection of advanced technology, data science, and quantitative research, contributing to projects that span multiple fields in quantitative trading, including code development, technology, and data analytics. Design and maintain robust systems and processes, such as data pipelines, trading algorithms, and infrastructure for real-time analytics. Developing software using languages like Python or C++, optimizing workflows for scalability, and interacting with our production code in Python. Handle large datasets and interact with SQL/NoSQL databases. Create dashboards, visualizations, and simulations to support strategic decision-making and predictive insights. Engage in algorithm development for trading, quoting optimization, and risk management, alongside building market analysis platforms. Design new algorithms that use high frequency tick-level data to design new execution algorithms. Use high-performance computing servers, virtualization environments, and tools like VSCode, Git, and Slack bots to streamline operations. Focus on quantitative modeling and strategy backtesting and explore some machine learning algorithms such as random forest and XGBoost. Ensure exposure to cutting-edge systems and meaningful projects, driving impactful outcomes across the firm. Work on multiple projects with other team members such as developers and other quantitative researchers, to deliver new logics than can be added to our system. Work side-by-side with traders and quantitative researchers both as you use your data analysis skills to find alpha in today’s competitive markets. Understand and improve critical components of our trading strategy as well as develop novel approaches to tackle the market. See the impact of your ideas as the tools and algorithms you develop are immediately leveraged on our proprietary trading desks.

The position requires a bachelor’s degree in Finance, Engineering, Financial Engineering, or a related field, plus 6 months of experience.

• Requires 6 months of experience with Statistical and Mathematical Proficiency.
• Requires 6 months of experience with Programming Skills.
• Requires 6 months of experience in Quantitative Analysis Experience.
• Requires 6 months of experience in Data Handling Skills.

40 hours/week, wage range $155,000.00 to $160,000.00 per year. Must also have authority to work permanently in the U.S. Applicants who are interested in this position may apply at https://www.jobpostingtoday.com/ Ref #94252.