Evening / Overnight Trader

Edgehog Trading • Chicago, IL

9d

About The Position

The Evening / Overnight Trader proactively manages positions across multiple asset classes during either the 5 PM–12 AM or 12 AM–8 AM shift. The role designs and optimizes systematic options trading strategies using quantitative research and machine learning, and builds algorithmic trading models from ideation through production deployment. It analyzes market microstructure and execution quality to generate alpha signals and improve strategy performance, collaborates with quantitative researchers and engineers on models using proprietary datasets, and manages real-time risk across a diversified portfolio of options positions.

The role is Chicago-based and offers a base salary of $150,000 per year. Full-time, permanent roles are eligible for a discretionary bonus and the listed benefits.

Requirements

• 1–3 years of previous trading experience with a proven track record of success managing an options market-making book.
• BA, BS, MS, or PhD in Computer Science, Data Science, Engineering, Math, Economics, Finance, Physics, or a related field.
• Exceptional attention to detail.
• Excellent quantitative and analytical skills.
• Ability to take on many responsibilities quickly with a high degree of operational excellence.

Nice To Haves

• Python programming skills are a plus, but not required.

Responsibilities

• Proactively manage positions across multiple asset classes during the overnight shift.
• Design and optimize systematic options trading strategies using quantitative research and machine learning techniques.
• Build and refine algorithmic trading models from ideation through production deployment.
• Analyze market microstructure and execution quality to generate alpha signals and improve strategy performance.
• Collaborate with quantitative researchers and engineers to develop models using proprietary datasets.
• Manage real-time risk across a diversified portfolio of options positions.

Benefits

• Comprehensive health, dental, and vision insurance with premiums 100% covered by the firm.
• 401(k) with a 4% company match.
• Unlimited paid time off and sick leave.
• Free lunch, coffee, drinks, and snacks.
• Commuter benefits.
• Monthly happy hours and annual team events.
• Discretionary bonus eligibility for full-time, permanent roles.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level