Full-Time

Junior Quantitative Trader

Old Mission

201-500 employees

Global multi-asset market maker using proprietary systems

Data & Analytics

Financial Services

Junior, Mid

Chicago, IL, USA

Required Skills

Python

Communications

MATLAB

Requirements

A degree in a quantitative field such as computer science, engineering, or one of the hard sciences
Proficiency with at least one of the following languages: Python, C++, JAVA, VBA, R, Matlab, or Ruby
3+ years of relevant trading experience
Experienced with automated trading systems
Proven trustworthiness and performance under the highest ethical standards
Great attention to detail
Ability to solve problems in a high-pressure environment
Superior written and verbal communication skills
Must be self-motivated, dependable, responsible, and results driven
Maintain integrity at all times
A desire to work Asian market hours. Work hours will include US holidays if the international markets are open

Responsibilities

Monitor systems and manage all trading activity between Sunday – Thursday from 4:00 pm – 3:00 am CST
Oversee and manage the trade execution and risk of complex trading portfolios across the firm
Implement trading strategies that leverage technology to efficiently execute trades at minimum transactional costs
Adjust trading system parameters for liquidity to increase the value of the order book executing trades, canceling, and adding orders to maintain the correct risk profile
Communicate changes to microstructure and trading conditions to other team members
Monitor risk and PnL, working with positions across all portfolios troubleshooting issues and adjusting model parameters as needed
Research potential trading opportunities

Old Mission is a global proprietary trading firm that leverages state-of-the-art technology and research to identify and execute profitable trading strategies across multiple asset classes around the world. Our offices in Chicago, New York, and London are all composed of naturally-curious individuals who thrive in a team environment and constantly strive for improvement.

Old Mission does not seek capital from outside investors, allowing us the flexibility to aggressively invest in our team members and keep them engaged in the firm’s growth.

About the position

Old Mission Capital, a quantitative proprietary trading firm, is currently recruiting a Junior Trader (Asian Market hours) to join our Chicago office. Our traders work in teams to seek out and profitably trade mispriced securities. The junior trader needs to be driven and have a passion for understanding how things work. The job responsibilities will include disciplined decision making, risk management, derivative pricing, and researching new opportunities for profitable businesses.

Responsibilities

Monitor systems and manage all trading activity between Sunday – Thursday from 4:00 pm – 3:00 am CST
Oversee and manage the trade execution and risk of complex trading portfolios across the firm
Implement trading strategies that leverage technology to efficiently execute trades at minimum transactional costs
Adjust trading system parameters for liquidity to increase the value of the order book executing trades, canceling, and adding orders to maintain the correct risk profile
Communicate changes to microstructure and trading conditions to other team members
Monitor risk and PnL, working with positions across all portfolios troubleshooting issues and adjusting model parameters as needed
Research potential trading opportunities

Required Skills

A degree in a quantitative field such as computer science, engineering, or one of the hard sciences
Proficiency with at least one of the following languages: Python, C++, JAVA, VBA, R, Matlab, or Ruby
3+ years of relevant trading experience
Experienced with automated trading systems
Proven trustworthiness and performance under the highest ethical standards
Great attention to detail
Ability to solve problems in a high-pressure environment
Superior written and verbal communication skills
Must be self-motivated, dependable, responsible, and results driven
Maintain integrity at all times
A desire to work Asian market hours. Work hours will include US holidays if the international markets are open

Benefits and Perks

Competitive salary with discretionary annual bonus
Fully paid Medical, Dental, Vision, Disability, and Life Insurance
Fully stocked kitchen; free breakfast and lunch every day on-site
Tuition Reimbursement Program
401(k) with employer match
Flexible Spending Plan
Commuter Benefit Program

Old Mission is not accepting unsolicited resumes from any staffing/search firms. All resumes submitted by staffing/search firms to any employee at Old Mission via-email, the Internet or directly without a valid signed search agreement will be deemed the sole property of Old Mission, and no fee will be paid in the event the candidate is hired by Old Mission.

Old Mission

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Website

View Company Profile

Old Mission stands out as a global, multi-asset market maker with a proven track record, having traded trillions of dollars of securities using their proprietary systems and models. Their advanced platform, developed since 2008, allows them to dynamically value a wide range of financial instruments, offering competitive pricing often tighter than their competitors. As a trusted partner to the world's largest exchanges, brokers, and institutional investors, Old Mission demonstrates industry leadership and a strong, collaborative culture.

Company Stage

Private

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2008

Growth & Insights

Headcount

6 month growth

↑ 1%

1 year growth

↑ 26%

2 year growth

↑ 33%

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