Senior Options Pricing Developer

Edgehog Trading • Chicago, IL

11d • $150,000 - $175,000

About The Position

Edgehog is seeking a Senior Options Pricing Developer to build and optimize pricing and risk-management algorithms for a broad range of financial instruments. The role involves designing and improving models that represent asset values and risks in practical market scenarios, and partnering with traders and developers to produce precise, interpretable results that reflect market dynamics. The developer will own key components of a pricing library used across all trading desks and build dependable, scalable production software in Java and C++.

This Chicago-based role offers close access to founders and senior team members, early ownership of meaningful work, and the opportunity to work with proprietary models and in-house low-latency trading systems. The company describes regular mentor and leadership feedback through monthly one-on-ones and quarterly reviews. The stated base salary is $150,000–$175,000 per year; full-time, permanent roles are eligible for a discretionary bonus and benefits.

Requirements

• At least 5 years of experience in a trading environment focused on pricing models.
• A degree in computer science, mathematics, or a related field.
• A solid understanding of options pricing principles or modeling for other derivatives.
• Expertise in C++ and/or Java, with an emphasis on high-quality production code and optimized scalability.
• Ability to work effectively in cross-functional teams, particularly with traders and other technical experts.
• Excellent analytical abilities and the ability to turn intricate concepts into functional systems.

Responsibilities

• Create and optimize efficient algorithms for valuation and risk management across diverse financial instruments.
• Design and enhance models that accurately reflect asset values and risks in practical market scenarios.
• Collaborate with traders and developers to deliver precise, interpretable model results consistent with market dynamics.
• Own essential components of the pricing library used across all trading desks.
• Produce dependable, scalable code in Java and C++.

Benefits

• Comprehensive health, dental, and vision insurance with premiums fully 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: Senior