Full-Time

Senior Quantitative Researcher

Interest Rates

TransMarket Group

TransMarket Group

51-200 employees

Proprietary trading firm leveraging technology

No salary listed

Chicago, IL, USA

In Person

Bachelor's, Master's, PhD

Category
Quantitative Finance
Required Skills
Quantitative Research
Machine Learning

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Requirements
  • Breadth and depth in mathematical background
  • Passion and experience in feature engineering, signal generation, and building robust predictive models
  • 3+ years experience as a quantitative researcher with specific experience in the Interest Rate space
  • Bachelor's, Master's, or Doctorate in technical field
Responsibilities
  • Research and develop predictive features and signals for mid and high frequency trading
  • Design and maintain robust frameworks for signal evaluation, including backtesting and performance diagnostics.
  • Continuously monitor and refine features and signals to adapt to evolving market dynamics, ensuring feature and signal robustness across regimes and conditions.
  • Monitor and analyze the performance of signals post-production, identifying degradation and opportunities for refinement.
Desired Qualifications
  • None

TransMarket Group is a private global proprietary trading firm that uses its own capital to trade financial markets, with offices in Chicago, Puerto Rico, and Switzerland. It operates by applying advanced technology and disciplined trading practices to identify opportunities and manage risk through proprietary trading strategies executed by experienced teams worldwide. The company differentiates itself with an entrepreneurial, collaborative culture, a focus on continuous learning and disciplined development, and a mission that combines financial success with wealth stewardship. Its goal is to generate profitable outcomes from proprietary trading while responsibly blessing others through the wealth it creates and its stewardship.

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

1980

Get referred to TransMarket Group

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • FIA's April 2026 profile confirms active expansion across products and geographies.
  • TMG's website says the business is profitable and still startup-like.
  • Recent hiring for quantitative traders shows continued investment in automated futures strategies.

What critics are saying

  • Hiring depends on profitable trading; a bad year hits compensation immediately.
  • TMG's 2005 patent dispute history signals legal exposure around trading technology.
  • A systematic underperformance cycle could crush the firm within one severe market regime.

What makes TransMarket Group unique

  • Founded 1980, TMG trades global derivatives, equities, commodities, and fixed income actively.
  • Chicago headquarters plus Puerto Rico and Switzerland offices support global market access.
  • TMG emphasizes advanced modeling, technology, research, and disciplined capital deployment.

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