Junior Quantitative Trader

TransMarket Group

Dec 11, 2023

Applications are closed

Job
Full-time
Entry Level
Data
Chicago

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

FAQs

What skills are needed to excel as a Junior Quantitative Trader?

The ideal candidate should be intellectually curious, have a disciplined appetite for risk, strive for continual improvement, and have strong skills in risk management and strategic thinking.

What kind of experience will I gain as a Junior Quantitative Trader?

As a Junior Trader, you will gain exposure to real-time trading, work with Senior Traders, and participate in a formalized education program to develop situational awareness and a deep understanding of the market.

How will I work with my teammates as a Junior Quantitative Trader?

You will collaborate with your teammates to eliminate inefficiencies, manage risk, and explore new trading opportunities in the world’s financial markets.

TransMarket Group

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.