Quantitative Developer

PEAK6 Capital Management, a leading proprietary options trading firm with over 25 years of market presence, is seeking a Quantitative Developer to join their team. Based in the historic Chicago Board of Trade (with options for NYC or Austin), this role offers an exciting opportunity to work at the intersection of finance and technology.

The position involves developing and optimizing quantitative models for derivatives pricing, surface models, and risk measures that traders use daily. You'll work directly with traders to understand their needs and translate their intuition into mathematical models. The role requires both technical expertise in Python programming and a strong quantitative background, preferably with experience in equity derivatives.

The company stands out for its longevity and success in the options market, achieved through a combination of financial expertise, risk management capabilities, and cutting-edge technology. Their data-centric approach and proprietary technology enable them to maintain market inventory and stay ahead of market movements.

This is an ideal opportunity for someone with 2-3 years of experience in quantitative research or machine learning, who has a strong academic background in mathematics, statistics, or related fields. The role offers a comprehensive benefits package including healthcare, 401k matching, and hybrid work arrangements, with a competitive base salary range of $116,200-$145,250 plus potential bonuses.

PEAK6 provides a collaborative environment where quantitative developers work closely with traders and software engineers, offering the chance to make a direct impact on market operations. The company's commitment to technology and data-driven decision-making makes this an excellent opportunity for someone looking to advance their career in quantitative finance.