Full-Time
Quantitative Researcher
ETF
Confirmed live in the last 24 hours
Old Mission
51-200 employees
Global market maker for illiquid ETFs
Senior
Chicago, IL, USA
- An advanced degree in a quantitative field such as computer science, engineering, mathematics, statistics, or one of the hard sciences.
- Demonstrated expertise in statistical analysis. Ideally 5+ years of experience within quantitative research.
- Programming skills in Python is a must and experience with VBA, R, Matlab, Java would be a good complement.
- Exceptional communication both written and verbal and have the ability to handle multiple tasks in a time sensitive, fast paced, collaborative, collegial environment.
- The ability to work and solve problems as part of a team, often in a high-pressure environment.
- Successful candidates will have a passion for the financial market, working with large amounts of data and are strategic thinkers. Must be organized and detail-oriented and have the ability to manage multiple work streams.
- Proven trustworthiness and performance under the highest ethical standards.
- Investigate existing equity pricing models and propose improvements.
- Calibrate new models for unique market environments.
- Reverse engineer how the rest of the world behaves in different market environments.
- Develop databases of information, utilizing our expansive existing resources, to assist with new ideas and research.
- Explore trading ideas by analyzing market data and market microstructure for patterns
- Participate in the idea-generation process with other traders and developers.
Old Mission operates as a market maker that focuses on providing liquidity for hard-to-price and illiquid exchange-traded funds (ETFs). The company facilitates the buying and selling of these financial products, helping large institutions manage and transfer risk effectively. Old Mission's approach involves a team of traders and technology experts who work together to ensure efficient transactions and problem-solving. Unlike many competitors, Old Mission emphasizes a collaborative and approachable culture, prioritizing long-term relationships with clients and employees. The goal of Old Mission is to deliver exceptional service and liquidity solutions that meet the unique needs of their clients.
Company Stage
Private
Total Funding
N/A
Headquarters
Chicago, Illinois
Founded
2008
Simplify's Take
What believers are saying
- Old Mission's significant investments in diverse assets like Li Auto and Bilibili indicate strong financial health and growth potential.
- The company's ability to provide trillions of dollars in liquidity showcases its robust market presence and reliability.
- Working at Old Mission offers exposure to complex and challenging market scenarios, enhancing professional growth and expertise.
What critics are saying
- The focus on illiquid and hard-to-price ETFs could expose Old Mission to higher market volatility and risk.
- The competitive landscape of market making requires continuous innovation to maintain an edge, posing a constant challenge.
What makes Old Mission unique
- Old Mission specializes in the hardest-to-price and most illiquid ETFs, setting it apart from competitors who may focus on more liquid and easier-to-price assets.
- The company's collaborative and humble culture emphasizes the human element, resulting in unmatched service and problem-solving capabilities.
- Old Mission's long-term alignment with clients' and employees' interests fosters a stable and committed workforce, unlike firms driven by short-term gains.
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Benefits
Competitive Salary
Discretionary bonus
Top tier Medical, Dental, Vision, Disability and Life Insurance paid for by the firm
401(k) with employer match
Full stocked kitchen, free breakfast and lunch everyday on-site
Tuition reimbursement
Flexible Spending Plan
Commuter Benefit Program