Quantitative Trader - Entry Level 2027

Belvedere Trading•Chicago, IL

8d•Onsite

About The Position

Belvedere Trading is a leading proprietary trading firm headquartered in Chicago. Our traders provide market liquidity through market-making activities across commodities, interest rates, ETFs, and equity index options. We invest in proprietary technology, building our systems from the ground up and continuously re-engineering, optimizing, and maintaining our trading models and software systems. This is driven by our technology teams who perfect our innovative solutions. High-performance proprietary trading and development are key to our success and competitive advantage, fueling our passion for performance. We are a team driven by intellectual curiosity, seeking answers that will change how we trade in this technological age and the future landscape of the trading industry. At Belvedere Trading, Quantitative Traders are among the industry's most quantitative problem solvers. This unique role fosters collaboration between our proprietary technology and trading teams. Quantitative Traders are at the forefront of technology immersion, learning best practices in software development. They implement sophisticated trading strategies and focus on projects related to trading logic development, electronic trading strategies, and quantitative research. This position is ideal for individuals who love technology and financial markets.

Requirements

Ability to speak confidently and concisely.
Quantitative thinking and strong data analysis skills.
Demonstrated success in working in team-based environments.
Training or demonstrated ability to learn programming languages such as C++, C#, and Python.
Ability to effectively use AI tools to improve efficiency and effectiveness while maintaining independent judgment.
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.

Responsibilities

Assist with order execution, trade checking, and trade reconciliations.
Participate in strategy meetings and collaborate with the team on position management.
Lead and participate in quantitative development projects that enhance trader-facing technologies.
Participate in quantitative research and the application of quantitative strategies, learning the concepts behind core market-making operations.
Perform analyses on large data sets and extract insights to support trading strategies.
Engage in continuous, hands-on training including option valuation, game theory, hedging, portfolio analysis, and simulated trading games to learn option pricing and financial engineering.
Partner with teammates to exchange ideas, solve problems, and contribute to a high-performing team environment.