Full-Time

Quantitative Researcher

Confirmed live in the last 24 hours

Valkyrie Trading

Valkyrie Trading

11-50 employees

Derivatives trading using advanced algorithms

Compensation Overview

$155k - $190k/yr

+ Bonus

Mid, Senior

Chicago, IL, USA

Relocation assistance packages are offered.

Category
Quantitative Research
Quantitative Finance
Required Skills
Python
MySQL
Data Science
Financial Modeling
Requirements
  • 2+ years of full-time, professional experience in data science, algorithm development, or statistical research at an algorithmic trading firm
  • Degree in mathematics, physics, engineering, computer science or equivalent
  • Ability to write and maintain a repository of clean, organized, object-oriented Python code
  • Willingness and ability to take full ownership (design, implement, backtest, maintain, iterate) of open-ended research and algorithm design projects
  • Expertise working with MySQL or similar databases in conducting historical research and back-testing
  • Capability to clearly communicate complex ideas and work on a collaborative team across departments (with traders, software developers)
  • Entrepreneurial attitude with a keen attention to detail and a deep interest in the financial industry
  • Vision to solve today’s problems while building future solutions
Responsibilities
  • Apply quantitative skill set to solve challenging problems in financial modeling and algorithm development
  • Work with traders and software developers in a highly collaborative environment
  • Build tools for traders
  • Explore new trading ideas
  • Write algorithms from scratch
  • Automate and refine existing strategies
  • Inform traders about market developments, tools and models that drive Valkyrie’s trading activities
Desired Qualifications
  • 3+ years of relevant experience for consideration for a Senior-level role

Valkyrie Trading focuses on trading derivatives, which are financial contracts tied to the value of underlying assets like stocks and commodities. The company uses advanced algorithms and high-frequency trading techniques to execute trades quickly and accurately, capitalizing on small price differences in the market. Valkyrie Trading serves a variety of clients, including institutional investors and hedge funds, by providing sophisticated trading strategies and data-driven insights. What sets Valkyrie Trading apart from its competitors is its collaborative culture, where traders, quantitative analysts, and software engineers work together to enhance trading strategies. The company's goal is to maintain a competitive edge in the fast-paced derivatives market by fostering innovation and creativity within its team.

Company Size

11-50

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2011

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased machine learning adoption enhances market prediction accuracy, boosting profitability.
  • DeFi platforms create new opportunities for derivatives trading, requiring liquidity providers.
  • Advancements in real-time data analytics enable faster, informed decisions for high-frequency trading.

What critics are saying

  • Competition from fintech startups using AI could erode Valkyrie's market share.
  • Regulatory scrutiny on high-frequency trading may lead to stricter compliance requirements.
  • Quantum computing advancements threaten current encryption methods, risking proprietary technology.

What makes Valkyrie Trading unique

  • Valkyrie Trading specializes in derivatives, leveraging cutting-edge technology and quantitative analysis.
  • The company uses advanced algorithms and high-frequency trading for precise market execution.
  • Valkyrie's collaborative culture fosters innovation among traders, analysts, and engineers.

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Benefits

Health insurance with the choice of plans including PPO, HMO, and HSA options

Dental insurance

Vision insurance

Lunch is provided every day

Gym membership discount