Entry Level Quantitative Researcher 2027
Belvedere Trading is a proprietary trading firm and market maker founded in Chicago. It develops proprietary trading models, software, and risk-management systems, and operates across Chicago, Boulder, New York, and Singapore.
About Belvedere Trading, LLC.
Belvedere Trading is a proprietary trading firm and market maker specializing in financial markets, including options, indices, commodities, equities, and equity strategies. The company uses proprietary trading models, software platforms, quantitative research, and risk-management capabilities to identify market inefficiencies and execute trading strategies. It also provides capital, infrastructure, operational support, and strategic guidance to backed trading groups and partners, and may acquire established trading teams or their intellectual property. The company recruits and trains quantitative traders, researchers, software engineers, and operations professionals through its Belvedere Trading University program.
Skills
Candidate Availability
Required and preferred rules are kept separate and reflect the wording in the original posting.
About the Role
You will work with traders to prioritize research hypotheses, interpret findings, and turn research into deployable trading strategies. You will design, test, deploy, monitor, and improve quantitative models for pricing, risk, and execution. You will also build and maintain research tools for testing, backtesting, validation, and model monitoring.
Requirements
- Advanced degree in a quantitative field such as Mathematics, Statistics, Physics, or Financial Engineering
- 2+ years of quantitative research experience in trading or a related field
- Proficiency in Python or C++ for model research, prototyping, and production implementation
- Experience with version control and collaborative development workflows
- Experience with large datasets, statistical modeling, or algorithmic workflows
- Ability to analyze model outputs and communicate results to technical and non-technical stakeholders
- Collaboration skills with developers, traders, and researchers
- Ability to be on-site prior to the start of business on occasion
- Ability to remain at a desk and concentrate for long periods
- SIE and Series 57 licenses
Responsibilities
- Work with traders to prioritize hypotheses, interpret results, and translate research into deployable trading strategies
- Design, test, and deploy quantitative models for pricing, risk, and execution
- Build, improve, and maintain research tools for testing, backtesting, validating, and monitoring models and strategies
- Collaborate with traders, technologists, and senior quantitative researchers
- Monitor and enhance models and strategies for market dynamics, data drift, and performance deviations
- Apply statistical rigor, market microstructure knowledge, and engineering fluency to deliver trading edge
Benefits
- SIE and Series 57 study materials and dedicated onboarding time
- Visa sponsorship