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Volatility Forecasting Jobs (NOW HIRING)

Systematic Equity Options Trader

Chicago, IL · On-site +1

$170K - $250K/yr

Build and maintain quantitative models for options pricing, volatility forecasting, and risk management * Monitor and optimize existing strategies, identifying opportunities for enhancement and ...

Build and maintain quantitative models for options pricing, volatility forecasting, and risk management * Monitor and optimize existing strategies, identifying opportunities for enhancement and ...

Responsibilities Residual Strategy & Forecasting * Own residual value forecasts across new and used vehicles * Define and evolve modeling approaches including mileage, trims, volatility, segmentation ...

Responsibilities Residual Strategy & Forecasting * Own residual value forecasts across new and used vehicles * Define and evolve modeling approaches including mileage, trims, volatility, segmentation ...

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Volatility Forecasting information

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How much do volatility forecasting jobs pay per hour?

As of Jun 7, 2026, the average hourly pay for volatility forecasting in the United States is $22.42, according to ZipRecruiter salary data. Most workers in this role earn between $19.23 and $24.28 per hour, depending on experience, location, and employer.

What is the difference between Volatility Forecasting vs Quantitative Analyst?

AspectVolatility ForecastingQuantitative Analyst
Required CredentialsDegree in finance, economics, or mathematics; certifications like CFA or FRM beneficialDegree in finance, mathematics, or related fields; often CFA or similar certifications
Work EnvironmentFinancial institutions, hedge funds, trading firmsInvestment banks, asset management firms, hedge funds
Primary FocusPredicting market volatility, risk assessmentDeveloping models for pricing, risk, and investment strategies
Common UsageRisk management, trading strategiesQuantitative research, model development

While both roles involve advanced quantitative skills and work within financial markets, Volatility Forecasting specializes in predicting market volatility and assessing risk, whereas a Quantitative Analyst develops broader financial models for pricing and investment decisions. Understanding these distinctions helps professionals choose the right career path or specialization.

Infographic showing various Volatility Forecasting job openings in the United States as of May 2026, with employment types broken down into 99% Full Time, and 1% Part Time. Highlights an 83% Physical, 6% Hybrid, and 11% Remote job distribution, with an average salary of $46,635 per year, or $22.4 per hour.
Systematic Equity Options Trader

Systematic Equity Options Trader

Old Mission

Chicago, IL • On-site, Remote

$170K - $250K/yr

Other

Posted 20 days ago


Job description

Old Mission is seeking a Systematic Equity Options Trader to join our growing options trading desk in our Chicago HQ. This Equity Options trader will be responsible for developing, implementing, and managing systematic trading strategies across equity options markets. This Equity Options Trader will work closely with our quantitative research and technology teams to develop systematic approaches that capitalize on market inefficiencies while effectively managing risk.

Responsibilities

  • Design and implement systematic trading strategies for equity options, including single-name options, index options, and volatility products
  • Build and maintain quantitative models for options pricing, volatility forecasting, and risk management
  • Monitor and optimize existing strategies, identifying opportunities for enhancement and improvement
  • Collaborate with quantitative researchers to translate research insights into production trading strategies
  • Manage portfolio risk through systematic hedging and position management
  • Analyze market microstructure and develop strategies to optimize execution quality
  • Work with technology teams to build robust, scalable trading infrastructure
  • Conduct post-trade analysis to evaluate strategy performance and identify areas for improvement

Required Qualifications

  • Bachelor's degree in Mathematics, Statistics, Computer Science, Physics, Engineering, or related quantitative field; advanced degree preferred
  • 4+ years of experience in systematic options trading, quantitative trading, or quantitative research
  • Strong understanding of options pricing theory, Greeks, and volatility dynamics
  • Proficiency in Python or C++ is a prerequisite
  • Experience with statistical analysis, machine learning, and quantitative modeling techniques
  • Must have a strong understanding of the market microstructure and execution algorithms
  • Excellent analytical and problem-solving skills
  • Ability to work effectively in a fast-paced, collaborative environment

Preferred Qualifications

  • Experience trading equity options or volatility products systematically
  • Knowledge of order book dynamics and high-frequency trading concepts
  • Familiarity with real-time data processing and low-latency systems
  • Track record of developing profitable quantitative trading strategies

Base Salary Range 

$170,000 - $250,000 - Salaries are based on numerous factors such as skills, experience, and education. Our compensation package also includes a discretionary bonus and a comprehensive benefits program for full-time employees. For more information, reach out to your recruiter.