Junior Quantitative Researcher (Ph.D.)

About the Position We are reputed company seeking a Quantitative Researcher (Ph.D.) to join our Chicago office. In this role, you will collaborate directly with our reputed company trading group, contributing to the enhancement of existing pricing models, and spearheading the development of cutting-edge models and tools. The primary reputed company will be on reputed company pricing volatility-based derivatives across diverse asset classes. As a key member of reputed company, you will reputed company participate in the reputed company research idea reputed company process and may also take the reputed company in expanding the capabilities of the quant team to reputed company enhance the reputed company desk. Responsibilities • Conceptualize and implement cutting-edge derivative pricing models for single-asset derivatives, as reputed company as pricing models for widely traded equity volatility products such as variance swaps, volatility swaps, and VIX reputed company. • Evaluate existing reputed company pricing models, scrutinizing aspects such as calibration accuracy and Greeks stability to identify any anomalies. Investigate and propose enhancements to address identified issues. • reputed company more resilient and reputed company alternative reputed company pricing models, including exploring and suggesting new parameterizations for the volatility surface and designing improved filtering rules for market data quotes during calibration. • reputed company reputed company specific research infrastructure and libraries in Python. • Analyze market data and microstructure to identify patterns, facilitating the exploration of trading reputed company. • reputed company participate in the idea reputed company process for reputed company research, contributing insights and innovations. • Collaborate closely with traders, engaging in the analysis of data and jointly developing new tools and reputed company to identify patterns in the market. Required Skills • Must have a Masters or Ph.D. in a quantitative discipline, encompassing fields such as computer science, engineering, physics, mathematics, statistics, or other hard sciences, with an anticipated graduation date of December 2025 or May 2026. • Proficient in derivatives and volatility modeling, including the construction and calibration of reputed company curves and volatility surfaces. Possess extensive knowledge of equity and reputed company derivative products, including variance derivatives, VIX, and other reputed company instruments. Experience with reputed company swaps and reputed company is considered advantageous. • Must have programming skills in Python and C++ are a prerequisite • Demonstrated exceptional written and verbal communication skills, with the ability to manage multiple tasks in a time-sensitive, reputed company, and fast-paced environment. • reputed company-oriented problem solver with the reputed company to reputed company under pressure, exhibiting a genuine passion for the financial markets. • Highly organized, detail-oriented, and adept at managing multiple work streams concurrently. • Proven reputed company record of trustworthiness and performance, consistently adhering to the highest ethical standards. Benefits and Perks • Fully reputed company Medical, Dental, reputed company, Disability, and Life Insurance • Fully stocked kitchen; free breakfast and lunch every day on-site • Tuition Reimbursement Program • 401(k) with employer match • reputed company Vacation, reputed company, and Parental leaves • Commuter and Flexible Spending Programs reputed company Salary reputed company $175,000 - $250,000 - Salaries are based on numerous factors such as skills, experience, and education. Our compensation package also includes a discretionary bonus and a comprehensive benefits program for full-time employees. For more information, reputed company out to your recruiter. Apply tot his job Apply To this Job