Options Quantitative Strategist

Virtu Financial • New York, NY

6d

About The Position

Virtu is a leading financial firm that leverages cutting edge technology to deliver liquidity to the global markets and innovative, transparent trading solutions to our clients. As a market maker, Virtu provides deep liquidity that helps to create more efficient markets around the world. Our market structure expertise, broad diversification, and execution technology enables us to provide competitive bids and offers in over 19,000 securities, at over 235 venues, in 36 countries worldwide
The firm’s complementary core offerings—market making, client execution services, and trading venues—give Virtu a competitive advantage in developing and applying innovative tools that deliver efficiencies and performance across the organization. We continuously develop and employ innovative technology, trading strategies and risk management systems that drive superior and highly scalable trading platforms, and are looking for an experienced Quantitative Strategist to help us propel our technology forward in the options trading space.
Quantitative Strategist - Options Desk
ROLE OVERVIEW
As a Quantitative Strategist on our Options desk, you will collaborate with our team of experienced traders, quants, and developers in a collegiate and collaborative environment that encourages cross-team exposure globally.

Requirements

• Advanced degree (preferably PhD) in Science, Mathematics, Engineering, or other quantitative field
• 3-5 years of experience in Quantitative Research at an Automated Market Maker
• Expertise in implied and realized volatility modeling, volatility risk management and calibration, trading signals, event modeling, order placement logic, PnL analysis, and microstructure effects
• Strong understanding of risk management and valuation models
• Proven track record building volatility and/or delta signals as an options market making quant
• Experience analyzing large datasets to systematically identify new patterns
• Proficient programming skills, particularly in C/C++ and Python
• Exceptional quantitative, mathematical, and problem-solving abilities

Responsibilities

• Leverage your expertise to develop new predictive models, generate signals, and translate them into viable trading strategies
• Collaborate with the team to implement and integrate new signals into our current trading infrastructure
• Calibrate strategies across different products and adapt to changing market regimes
• Partner with traders to enhance existing processes and systems
• Apply observational skills and modern statistical methods to build effective predictive models
• Research and implement innovative volatility trading strategies and signals
• Analyze and optimize existing strategies to drive performance improvements
• Develop sophisticated risk models and frameworks to manage cross-product portfolio risks in volatile markets

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Ph.D. or professional degree