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Manager Algorithmic Trading Quant Jobs in Illinois

Build and maintain trading quantitative model tools and analytics * Develop, code, maintain and ... Manage a small group of dynamic Junior Traders and guide research and trading software development ...

Build and maintain trading quantitative model tools and analytics * Develop, code, maintain and ... Manage a small group of dynamic Junior Traders and guide research and trading software development ...

Executing algorithmic trading strategies in accordance with the trading desk's objectives ... Managing and reporting any potential compliance issues * Assisting quantitative traders in ...

Executing algorithmic trading strategies in accordance with the trading desk's objectives ... Managing and reporting any potential compliance issues * Assisting quantitative traders in ...

Operating grey and black box algorithmic trading strategies in accordance with the trading desk ... Communicating with exchanges, risk managers and internal technology groups regarding production ...

Operating grey and black box algorithmic trading strategies in accordance with the trading desk ... Communicating with exchanges, risk managers and internal technology groups regarding production ...

Executing algorithmic trading strategies in accordance with the trading desk's objectives ... Managing and reporting any potential compliance issues * Assisting quantitative traders in ...

Operating grey and black box algorithmic trading strategies in accordance with the trading desk ... Communicating with exchanges, risk managers and internal technology groups regarding production ...

... algorithmic trading models from ideation through production deployment • Analyze market ... quant researchers and engineers to develop new models using our proprietary datasets • Manage ...

Quantitative Trader

Chicago, IL · On-site

$150K - $200K/yr

... algorithmic trading strategies deployed on electronic trading venues around the world. During an intensive period of mentorship and training in trade floor operations, Quantitative Traders learn the ...

... algorithmic trading strategies deployed on electronic trading venues around the world. During an intensive period of mentorship and training in trade floor operations, Quantitative Traders learn the ...

... quantitative research and machine learning techniques • Build and refine algorithmic trading ... datasets • Manage real-time risk across a diversified portfolio of options positions ...

Showing results 21-40

Manager Algorithmic Trading Quant information

What is the difference between Manager Algorithmic Trading Quant vs Quantitative Trader?

AspectManager Algorithmic Trading QuantQuantitative Trader
Primary RoleOversees trading strategies, manages teams, and develops high-level algorithmsExecutes trading strategies, analyzes markets, and implements models
ResponsibilitiesStrategy development, team leadership, risk managementMarket analysis, trade execution, model testing
CredentialsAdvanced degrees in finance, math, or computer science; experience in tradingDegree in finance, math, or related fields; strong quantitative skills
Work EnvironmentFinancial firms, hedge funds, trading desksTrading floors, financial institutions, hedge funds

The Manager Algorithmic Trading Quant focuses on leading teams and developing high-level trading algorithms, while the Quantitative Trader primarily executes trades and analyzes markets. Both roles require strong quantitative skills and relevant credentials, but differ in responsibilities and leadership scope.

What are the most commonly searched types of Algorithmic Trading Quant jobs in Illinois? The most popular types of Algorithmic Trading Quant jobs in Illinois are:
What are popular job titles related to Manager Algorithmic Trading Quant jobs in Illinois? For Manager Algorithmic Trading Quant jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Manager Algorithmic Trading Quant jobs in Illinois look for? The top searched job categories for Manager Algorithmic Trading Quant jobs in Illinois are:

Senior Algorithmic Trader

TransMarket Group

Chicago, IL • On-site

Full-time

Re-posted 18 days ago


Job description

Who We Are
Founded in 1980 as Aardvark Financial, TransMarket Group (TMG) is a privately held global markets proprietary trading firm in Chicago. We use next-generation technology to capture opportunities around the world and manage risk in financial markets. Our mission is to bless others through the services we provide and through the generous stewardship of the wealth we create.
TMG is a well-established and profitable business as a respected member of the global financial system for over 40 years, but also is like a startup because the potential of our group is at least one order of magnitude greater than what we are currently producing. We have an entrepreneurial culture and collaboratively develop our business with patience and discipline; we work hard, learn constantly, and relentlessly improve our expertise.
Description
Our Algorithmic Traders use their expert understanding of the financial markets and market microstructure to develop relative value arbitrage trading software and build and improve trading strategies. Our Senior Algorithmic Traders benefit from the resources and scale that our group can provide with its strong team and robust capital base to grow your effective trading strategy to the next level. The ideal candidate will have proven success and discipline in their trading strategies, excellent risk assessment and management, and strong proficiency and experience in applying programming skills in a fast-paced environment (C++, Python, Linux scripting).
Responsibilities
  • Maintain expertise in market microstructure, tick data, and automated trading systems
  • Build and maintain trading quantitative model tools and analytics
  • Develop, code, maintain and support production quality automated trading softwares and strategies
  • Improve strategies and trade execution by performing post trade analyses and developing prediction models.
  • Manage a small group of dynamic Junior Traders and guide research and trading software development projects
  • Mentor Junior Traders and promote their learning on the desk
  • Help steer recruitment initiatives to advance the growth and development of the team

Requirements
  • Bachelor's, Master's, or Doctorate in a technical field or pertinent industry experience
  • Minimum five (5) years of work experience in the trading industry
  • Programming proficiency and experience (C++, Python)
  • Proficiency and experience in Linux scripting are a plus
  • Passion for math and software applied to markets and trading
  • Expert understanding of computing, math, probability, statistics, and finance
  • Strong work ethic and willingness to do what it takes to get the job done
  • Excellent verbal and written communication skills
  • Ability to work within a team in a fast-paced environment
  • This position requires physical presence and is onsite at our office in Chicago, IL

Benefits
We offer one of the most generous profit sharing programs in the industry because we believe our employees should be able to take part in our rapid growth and success. We are proud to offer more world-class benefits for our full-time employees and their families.
TransMarket Group is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, gender, sexual orientation, gender identity or expression, religion, national origin, marital status, age, disability, veteran status, genetic information, or any other protected status.