Description
Quantitative Researcher
Team: Quant
Location: Chicago, Illinois
Commitment: Full-Time
Workplace Type: onsite
Salary:
Additionally, certain positions at Belvedere Trading are eligible for discretionary bonuses. Our employees have access to a variety of benefits, which can be found on our website here.
Belvedere Trading is a leading proprietary trading firm. 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.
Our traders 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. Traders partner with our technologists to continually engineer and optimize our trading systems to stay on top of the industry.
Our traders 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. Traders partner with our technologists to continually engineer and optimize our trading systems to stay on top of the industry.
Belvedere is searching for a Quantitative Researcher to join our Quant Research & Development team. The Quant R&D team works closely with both traders and developers to build algorithmic solutions from idea generation to roll out to increase the firm’s profitability. As a Quantitative Researcher, you will contribute directly to research, development, and implementation of models and tools that help drive automated decision‑making throughout the firm. Through your quant research, you will be an integral participant in Belvedere’s long-term growth by improving and expanding the firm’s existing trading strategies.
What You'll Do
- Work closely with traders to prioritize hypotheses, interpret results, and translate research into deployable trading strategies.
- Design, test, and deploy quantitative models that drive pricing, risk, and execution in market-making and systematic trading.
- Build, improve, and maintain research tools (e.g., Python, Jupyter) for testing, backtesting, validating, and monitoring models and strategies.
- Collaborate closely with traders, technologists, and senior quantitative researchers to ensure strong alignment between research insights and production trading decisions.
- Continuously monitor and enhance existing models and strategies, adjusting for market dynamics, data drift, and performance deviations.
- Combine statistical rigor, market microstructure knowledge, and engineering fluency to deliver robust edge and provable PNL.
What You'll Need
- Advanced degree (Master’s or PhD) in a quantitative field such as Mathematics, Statistics, Physics, Financial Engineering, or a related discipline.
- 2+ years of experience in quantitative research in trading or a related field.
- Strong proficiency in Python or C++ for model research, prototyping, and production implementation; experience with version control and collaborative development workflows
- Experience working with large datasets, statistical modeling, or algorithmic workflows.
- Demonstrated ability to analyze model outputs and communicate results clearly to both technical and non-technical stakeholders. Strong collaboration skills with developers, traders, and other researchers in a fast-paced, iterative environment.
- Intellectual curiosity, problem-solving ability, and a pragmatic approach to research that balances innovation with production impact.
How We Operate - Core Values
Team Belvedere: Work seamlessly with others to achieve shared goals. Foster a positive and supportive environment that brings out the best in your teammates.
Me in Team: Focus on competing and succeeding at the highest level, constantly striving for excellence.
Own It: Actively address challenges and make decisions that drive positive results, taking ownership of both successes and failures.
Build Rockets: Bring forward bold, creative ideas and solutions. Be open to experimentation and willing to take calculated risks.
Passionate Discourse: Encourage and bring innovative, out-of-the-box ideas to discussions, actively contributing to team growth and progress.
Women and underrepresented groups frequently apply for 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.
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.
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
There are more than 50,000 engineering jobs:
Subscribe to membership and unlock all jobs
Engineering Jobs
60,000+ jobs from 4,500+ well-funded companies
Updated Daily
New jobs are added every day as companies post them
Refined Search
Use filters like skill, location, etc to narrow results
Become a member
🥳🥳🥳 452 happy customers and counting...
Overall, over 80% of customers chose to renew their subscriptions after the initial sign-up.
To try it out
For active job seekers
For those who are passive looking
Cancel anytime
Frequently Asked Questions
- We prioritize job seekers as our customers, unlike bigger job sites, by charging a small fee to provide them with curated access to the best companies and up-to-date jobs. This focus allows us to deliver a more personalized and effective job search experience.
- We've got over 200,000 jobs from 15,000+ vetted companies. No fake or sleazy jobs here!
- We aggregate jobs from 15,000+ companies' career pages, so you can be sure that you're getting the most up-to-date and relevant jobs.
- We're the only job board *for* software engineers, *by* software engineers… in case you needed a reminder! We add thousands of new jobs daily and offer powerful search filters just for you. 🛠️
- Every single hour! We add 2,000-3,000 new jobs daily, so you'll always have fresh opportunities. 🚀
- Typically, job searches take 3-6 months. EchoJobs helps you spend more time applying and less time hunting. 🎯
- Check daily! We're always updating with new jobs. Set up job alerts for even quicker access. 📅
What Fellow Engineers Say