Vice President, Quantitative Developer - SpiderRock

BlackRock•Chicago, IL

2d•$160,000 - $210,000•Hybrid

About The Position

SpiderRock Advisors (SRA) seeks a highly skilled Quantitative Developer to help scale the technology used to support its option overlay separately managed account (SMA) strategies across proposal generation, portfolio construction, risk analytics and trading workflows. This role sits in SRA’s technology organization and involves designing, building, and supporting production-grade platforms for option analytics, margin monitoring and technology assisted trading. The ideal candidate brings strong software engineering discipline, practical experience working with quantitative or data-intensive systems, and a solid understanding of option markets.

Requirements

Strong proficiency in a programming language with a preference for Python.
Experience building maintainable, production-quality software.
Strong understanding of software design, testing, debugging, version control, observability, and production support practices.
Strong knowledge of option markets, volatility surfaces, greeks, scenario analysis, VaR and other risk measures.
Broad knowledge of financial markets, data providers and risk models.
Strong analytical, problem-solving, communication, and decision-making skills, with the ability to work effectively across technical and non-technical stakeholders.
Able to effectively leverage AI to increase productivity and produce high-quality code.
5+ years of professional quantitative development, software engineering, data engineering, or financial technology experience.
2+ years of professional experience with derivatives.
Experience working with systems that support trading, portfolio construction, risk, analytics, market data, or investment workflows.
Bachelor’s, Master’s, or PhD in a highly quantitative field.

Nice To Haves

Knowledge of risk based and Reg T margin calculations
Experience with Dash, Open Container Initiative (OCI) container image packaging and runtime, Prefect, MySQL, AWS

Responsibilities

Design, develop, and maintain Python-based services, libraries, and analytics tools.
Collaborate with the portfolio management, research, trading and sales teams to transform ideas into useable software products.
Serve as a subject matter expert on option markets within the technology organization.