Junior Quantitative Researcher

Akuna CapitalChicago, IL
$130,000Onsite

About The Position

Akuna Capital is an innovative trading firm with a strong focus on collaboration, cutting-edge technology, data driven solutions, and automation. We specialize in providing liquidity as an options market-maker – meaning we are committed to providing competitive quotes that we are willing to both buy and sell. To do this successfully, we design and implement our own low latency technologies, trading strategies and mathematical models. Our Founding Partners first conceptualized Akuna in their hometown of Sydney. They opened the firm’s first office in 2011 in the heart of the derivatives industry and the options capital of the world – Chicago. Today, Akuna is proud to operate from additional offices in Sydney, Shanghai, London, and Singapore. The Akuna Quant team is looking to add Junior Quant Researchers to a team of mathematicians, statisticians, and technologists. This team creates trading strategies scientifically by combining its quantitative expertise with sophisticated understanding of derivatives and financial markets. We are looking for talented researchers who can apply and develop machine learning algorithms to contribute to Akuna’s strategy portfolio.

Requirements

  • Bachelors, masters, or PhD in a technical field – Engineering, Statistics, Computer Science, Mathematics, Physics (or a related subject) must be completed upon employment
  • Expertise in statistics and machine learning
  • Experience building mathematical models for complex real-world problems
  • Intermediate programming skills in Python
  • The ability to react quickly and accurately to rapidly changing market conditions, including the ability to quickly and accurately respond and/or solve math and coding problems are essential functions of the role
  • Must be graduating August 2027 or prior
  • GPA of 3.5 or above
  • Legal authorization to work in the U.S. is required on the first day of employment including F-1 students using OPT or STEM

Nice To Haves

  • Financial experience is not a requirement

Responsibilities

  • Develop trading strategies using statistical and machine learning algorithms.
  • Design and implement optimization algorithms for portfolio construction.
  • Develop quantitative models describing market behavior.
  • Advance existing initiatives and explore opportunities for new research topics.

Benefits

  • employer-paid medical, dental, vision
  • retirement contributions
  • paid time off
  • discretionary performance bonus
© 2026 Teal Labs, Inc
Privacy PolicyTerms of Service