Full-Time

Quantitative Trader

Posted on 1/14/2025

Old Mission

Old Mission

51-200 employees

Global market maker for illiquid ETFs

Quantitative Finance
Financial Services

Junior, Mid

London, UK

Category
Quantitative Trading
Quantitative Finance
Finance & Banking
Required Skills
Python
R
Ruby
Java
MATLAB
C/C++
Requirements
  • An undergraduate or an advanced 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
  • The ability to work and solve problems as part of a team, often in a high-pressure environment
  • 1+ years of relevant trading experience
  • Proven trustworthiness and performance under the highest ethical standards
  • A strong desire for knowledge and to understand how things work
  • Superior written and verbal communication skills
Responsibilities
  • disciplined decision making
  • risk management
  • derivative pricing
  • researching new opportunities

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 technologists who work collaboratively to ensure efficient transactions and problem-solving. Unlike many competitors, Old Mission emphasizes the human element in its operations, fostering a culture of humility and approachability among its staff. The company's goal is to support its clients by delivering exceptional service and liquidity solutions, ultimately contributing to the stability and efficiency of the financial markets.

Company Stage

Private

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2008

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for illiquid ETFs offers Old Mission new market opportunities.
  • Advancements in AI enhance Old Mission's trading algorithms for better pricing accuracy.
  • Expansion of digital assets creates liquidity opportunities for Old Mission.

What critics are saying

  • Increased competition in ETF market-making could pressure Old Mission's margins.
  • Regulatory scrutiny on high-frequency trading may impact Old Mission's profitability.
  • Volatility in emerging markets like Brazil could affect Old Mission's returns.

What makes Old Mission unique

  • Old Mission specializes in pricing illiquid ETFs, a challenging market segment.
  • The company combines trading expertise with advanced technology for efficient risk transfer.
  • Old Mission's team values collaboration and problem-solving, enhancing client service.

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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