Full-Time

Junior Quantitative Researcher

Posted on 10/31/2025

Valkyrie Trading

Valkyrie Trading

11-50 employees

Quantitative derivatives trading using algorithms

Compensation Overview

$140k/yr

+ Discretionary Bonus

Chicago, IL, USA

In Person

On-site in Chicago; relocation assistance available.

Category
Quantitative Finance (2)
,
Required Skills
Python
Data Analysis
Financial Modeling
Requirements
  • Degree in mathematics, physics, engineering, computer science or equivalent.
  • Strong quantitative, analytical and problem-solving skills.
  • Passion for the financial markets.
  • Strong working knowledge of data analysis, statistics, and optimization.
  • Entrepreneurial attitude with a keen attention to detail.
  • Strong communication and interpersonal skills.
  • Drive and maturity to handle considerable responsibility.
  • Capability to quickly recover from mistakes.
  • Proficient in python with experience using common data science libraries.
Responsibilities
  • At Valkyrie, Quantitative Researchers are expected to apply their quantitative skill set to solve challenging problems in financial modeling, algorithm development, and system optimizations.
  • In this role, you will have an opportunity to work with traders and software developers in a highly collaborative environment to improve Valkyrie’s complex, ever-evolving algorithmic infrastructure.
  • Specific responsibilities can range from building tools for traders to exploring new trading ideas, to writing algorithms from scratch, to automating and refining existing strategies, to analyzing and optimizing system performance.
  • You will also inform traders about the market developments, tools, and models that drive Valkyrie’s trading activities.
Desired Qualifications
  • None

Valkyrie Trading focuses on trading derivatives for institutional clients, hedge funds, and other financial entities. Its work centers on developing and running algorithms that analyze market data to spot tiny price differences and execute a high volume of trades quickly. This high-frequency, data-driven approach aims to generate profits from small edges in fast-moving markets. The company differentiates itself through a lean, Chicago-based team and a culture of close collaboration among traders, quantitative analysts, and software engineers who build and refine technology in-house. Valkyrie’s goal is to grow aggressively by delivering precise, scalable trading strategies that stay ahead of market changes while managing risk with disciplined decision-making.

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

  • Retail derivatives volume surges 40% in Q1 2026, expanding Valkyrie's market.
  • Chicago's low living costs aid quant talent acquisition versus New York.
  • Cloud infrastructure adoption post-2024 cuts capex, boosting competitiveness.

What critics are saying

  • CFTC fines Valkyrie millions for spoofing in 6-12 months.
  • Jump Trading captures 25% more arbitrages, slashing Valkyrie's revenue.
  • Citadel poaches Valkyrie's quants, undercuts spreads by 15bps.

What makes Valkyrie Trading unique

  • Valkyrie Trading builds proprietary high-performance automated trading systems for derivatives.
  • Chicago headquarters enables lean operations and quant talent recruitment since 2011.
  • Collaborative culture integrates traders, quants, and engineers for algorithm innovation.

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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

INACTIVE