Belvedere Trading is a leading proprietary trading firm proudly headquartered in downtown Chicago. Our traders work hard to provide liquidity to the market through their market-making activities and are the masters of a diverse set of commodities, interest rates, exchange-traded funds (ETF), and equity index options. From the beginning, we began iteratively investing in our proprietary technology and committing to building our systems from the ground up. Our trading models and software systems are continually re-engineered, optimized, and maintained to stay on top of the industry. This wouldn’t be possible without the dedicated efforts of our technology teams who utilize and perfect our innovative technology solutions.
High-performance proprietary trading and development is the source of our success and competitive advantage at Belvedere, further fueling our passion for performance. We are a team driven by intellectual curiosity, seeking answers that will change not only how we trade in this technological age, but also the future landscape of the trading industry.
We are currently seeking experienced Options Traders to join our dynamic team. As an Options Trader at Belvedere Trading, you will have the opportunity to build continuous execution trading strategies. Our traders work in a team environment and collaborate with software engineers and quantitative researchers to ensure optimal performance.
\n
What you'll do- Developing, maintaining, and enhancing trading models, algorithms, and systems
- Optimize new market opportunities
- Utilizing Belvedere’s proprietary software designed by our technology team to optimize trade selections and execution
- Passionately collaborate with quants and software engineers to set up execution processes in various options markets
- Apply a competitive data-driven approach to trading
- Prioritize trading metrics and data analysis to identify market inefficiencies, streamline trading systems, and improve risk management techniques
- Continuously contribute to the team’s strategies
What you'll need- 3+ years' experience in electronic options market-making with proven ability to implement successful strategies
- Strong quantitative skills with proficiency in probability and statistics
- An ability to apply quantitative skills and logical reasoning to solve complex problems
- Experience in computer programming (Python, C/C++, MATLAB, SQL)
- Proven ability to perform successfully in a fast-paced, collaborative environment
- Excellent written and verbal communication skills
- A desire to continuously learn and proactively improve processes
- Bachelors or master’s level degree in computer science, statistics, applied mathematics, engineering, or other quantitative disciplines
\n
Women and underrepresented groups frequently apply to jobs only if they meet 100% of the qualifications.
We encourage you to break that mold and apply. No candidate is perfect; all have a lot to offer.
We welcome your application.
Core Values
The secret to our award-winning culture is our Core Values: Team Belvedere, Me In Team, Own It, Iterative Innovation, and Passionate Discourse. We live and breathe these values every day.
Compliance
For our trading positions and certain engineering roles, the SIE and Series 57 licenses are required; Belvedere Trading will provide comprehensive study materials and allocate dedicated time during the onboarding process to ensure your success in obtaining these certifications.
Our Stance
Belvedere is an Equal Opportunity Employer and is committed to providing a non-discriminatory employment environment for its employees. Discrimination against employees and applicants due to race, color, religion, sex, national origin, disability, age, military, and veteran status is prohibited. Belvedere encourages initiatives to increase diversity and provide equal opportunity to all applicants and employees. Belvedere is committed to providing a positive environment in which team members are treated with respect, dignity, and courtesy. Our firm believes in a dynamic culture of inclusion and diversity, where people thrive on individual and organizational characteristics, values, experiences, and backgrounds.
Please note that Belvedere Trading does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resumes will become the property of Team Belvedere. No phone calls, please.
Please direct any questions regarding the virtual recruiting process to recruiting@belvederetrading.com.
Work Schedule: Regular and reliable attendance during business hours with the ability to be on-site prior to the start of business on occasion
Physical: Ability to remain at a desk and concentrate for long periods of time
Amount of Travel Required: None
Sponsorship: Not available for this position