Sorry, this listing is no longer accepting applications. Don’t worry, we have more awesome opportunities and internships for you.

Relative Value Trader

Vector Trading

Relative Value Trader

Chicago, IL
Full Time
Paid
  • Responsibilities

    Responsibilities

    • Develop, maintain and run automated trading strategies
    • Apply technology and quantitative skills to execute and support automated trading daily
    • Build and maintain trading models and parameters
    • Understand well the connection between models and execution tools
    • Make real-time trading decisions using both quantitative and fundamental data
    • Use data analysis tools to identify and respond to unique market opportunities
    • Design and describe how to improve trading tools so developers can improve on trading strategies
    • Adhere to risk and capital usage limits
    • Coordinate daily trading activities, including operations, interruptions, budget, and costs, among others
    • Mentor, manage or train junior traders to complete projects and learn all facets of trading

    Qualifications

    • 3+ years of experience, with at least 1 year in a risk-taking role
    • Bachelor's, Masters or Ph.D. degree in any scientific field or Finance
    • Strong understanding of statistical approaches and predictive modeling techniques (including regression analysis, neural networks, genetic algorithms, SVD, etc.), their underlying assumptions, limitations, and the proper use for each methodology
    • Exceptional knowledge of financial products and trading methodology
    • Natural market insight
    • Passion for the markets and a strong desire to seize investment opportunities
    • A calculated risk-taker with demonstrated experience monetizing opportunities in financial markets
    • Proven risk management skills and ability to manage trading within a given set of risk parameters
    • Comfort working within a collaborative, team-oriented fast-changing environment which fosters free-flowing creativity
    • Strong work ethic, compliance, and willingness to do what it takes to get the job done
    • Deep understanding and appreciation of the regulatory environment
    • Excellent verbal and written communication skills
    • Proven profitability track record trading across multiple asset classes is a major plus