CTC Lateral - Website & LinkedIn

Principal Quantitative Researcher - Systematic

Chicago, Illinois, United States; New York, New York, United StatesFull timeStaff$250,000 - $300,000 / yearPosted 20 days ago
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Chicago Trading Company (CTC) is a premier proprietary trading firm specializing in options market making.  Our collaborative culture fuels innovation in quantitative research, systematic trading strategies, and cutting-edge trading technology.  For over three decades CTC has provided critical liquidity across derivatives exchanges worldwide - making them fairer, more transparent, and more efficient. We strive to be the most innovative firm in the industry today, tomorrow, and long into the future while upholding ethical excellence. We believe that CTC makes a positive impact on the markets, the lives of our employees, and all the communities to which we belong. Started in 1995 by a team of forward-thinking Traders, we are proud to call ourselves an industry leader that keeps making markets and each other better.Quantitative research is a key driver of innovation at CTC and one of the pillars upon which our firm is built. We are seeking a Principal Quantitative Researcher to partner with Trading and Technology to drive new revenue, scale, and evolve the firm's trading capabilities. In this role, you will lead research areas, influencing the direction of the team in a dynamic environment. This includes partnership with other researcher managers, traders and engineers on quantitative problem solving, trading strategy generation, back-testing, statistical analysis, and system design.  Take advantage of this opportunity to apply the scientific method to business problems as part of the Quant team at CTC!  What You’ll Do Define and articulate a long-term vision that will lead to new sources of revenue, evolving with business needs and market structure  Conduct commercially focused revenue generating research, while supporting others with their research  Develop a structured roadmap and ensure quant functions remain focused, aligned, and accountable  Direct development of innovative infrastructure across pricing models and research platforms  Foster coordination across risk management, development, and quantitative research to drive measurable business impact  Provide thought leadership while applying academic rigor to practical trading applications   What We’re Looking For PhD in Science or Engineering fields (e.g. Statistics, Mathematics, Physics, Operations Research, Electrical Engineering) strongly preferred  Experience in a top systematic trading team of which at least 10 years as a quantitative researcher  Proven ability to conduct independent, high-quality research  Demonstrable track record of generating positive PnL  Exceptional ability to communicate complex ideas and research results, both in writing and verbally  Experience with the software development lifecycle with advanced programming skills  Unique combination of analytical prowess, programming skills, and acute understanding of business  Unwavering commitment to quality, co...