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Junior Quantitative Trader

  • Internship
    Full-time
    Off-cycle Internship
  • Banking & Finance
  • Chicago
  • Quick Apply

AI generated summary

  • You need a technical degree by Spring 2024 with a GPA of 3.5+, proficiency in Python, finance/trading passion, and ability to work collaboratively in a fast-paced environment in Chicago.
  • You will partner with Senior Traders, develop quantitative models, manage execution, analyze trades, and research trading strategies in a fast-paced environment.

Requirements

  • Bachelor’s, Master’s, or Doctorate degree in a technical or industry related field such as, but not limited to, mathematics, statistics or financial engineering with a graduation date between December 2023 and Spring 2024
  • Required coursework: Differential Equations, Linear Algebra, Multivariable Calculus, Probability or Advanced Statistics
  • Minimum major GPA of 3.5 out of 4 or equivalent scale
  • Proficiency in Python required and some experience with C++, C#, Visual Basic, and other computer programming languages preferred
  • Demonstrated passion for markets, finance, and trading such as, but not limited to personal trading, participation in trading competitions, attendance at firm discover days, industry related student groups or clubs and/or prior internship experience preferred
  • Deep understanding of finance, math, and statistics
  • Attention to detail and the ability to make sound judgments under pressure
  • Strong work ethic and willingness to do what it takes to get the job done
  • Ability to work in a fast paced and collaborative environment
  • This position requires physical presence and is onsite at our office in Chicago, IL

Responsibilities

  • Partner with Senior Traders to assist in and learn all facets of trading
  • Develop expertise in relative value market fundamentals, quantitative modeling, and risk management
  • Build and maintain quantitative model tools and analytics
  • Manage real-time execution of semi-automated trading system
  • Learn and analyze real-time trades
  • Research and improve upon trading strategies

Global proprietary trading firm

Finance
Industry
51-200
Employees
1980
Founded Year

Mission & Purpose

Founded in 1980 as Aardvark Financial, TransMarket Group (TMG) is a privately held global markets proprietary trading firm with offices in Chicago, Puerto Rico and Switzerland. 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 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.