Quantitative Trader - Entry Level 2027

Belvedere Trading•Chicago, IL

3d•Onsite

About The Position

Belvedere Trading is a leading proprietary trading firm proudly headquartered in downtown Chicago. Our traders work hard to provide liquidity to the market through their market-making activities and are the masters of a diverse set of commodities, interest rates, exchange-traded funds (ETF), and equity index options. From the beginning, we began iteratively investing in our proprietary technology and committing to building our systems from the ground up. Our trading models and software systems are continually re-engineered, optimized, and maintained to stay on top of the industry. This wouldn’t be possible without the dedicated efforts of our technology teams who utilize and perfect our innovative technology solutions. High-performance proprietary trading and development is the source of our success and competitive advantage at Belvedere, further fueling our passion for performance. We are a team driven by intellectual curiosity, seeking answers that will change not only how we trade in this technological age, but also the future landscape of the trading industry. At Belvedere Trading, Quantitative Traders are some of the industry’s most quantitative problem solvers. We created this unique role to foster collaboration across our proprietary technology and trading teams. As a result, our Quantitative Traders are at the forefront of technology immersion as they learn best practices in software development. Quantitative Traders also implement the most sophisticated trading strategies and focus on projects related to trading logic development, electronic trading strategies, and quantitative research. If you love technology and financial markets, then this position might be for you.

Requirements

Communication – We need people who can speak confidently and concisely, especially when the stakes are high
Analytical – We’re looking for quantitative thinkers and master problem-solvers with strong data analysis skills
Team Player – Trading and development are not isolated activities at Belvedere, so great candidates will have demonstrated success in working in team-based environments
Core development skills – You will need some training or a demonstrated ability to learn programming languages such as C++, C#, and Python
AI Fluency – Effectively use AI tools to improve efficiency and effectiveness while maintaining independent judgement
Ability to live in or relocate to Chicago
Graduation date of December 2026-Spring 2027

Nice To Haves

Knowledge of the financial markets and trading industry is a plus, but not a prerequisite

Responsibilities

Daily trading activities – Assist with order execution, trade checking and trade reconciliations
Desk strategy – Participate in strategy meetings and collaborate with your team on their position management
Development projects – Lead and participate in specific quantitative development projects that enhance trader facing technologies
Research – Participate in quantitative research and the application of quantitative strategies while learning concepts behind our core market making operations
Data Analysis – Perform analyses on large data sets and pull insights to support our trading strategies
Training – Engage in continuous, hands-on training that includes education on option valuation, game theory, hedging, portfolio analysis, and simulated trading games to quickly learn the aspects of option pricing and financial engineering, both on a theoretical level and in application with Belvedere’s various strategies
Collaborate – Partner with teammates to exchange ideas, solve problems, and contribute to a high-performing team environment