Full-Time

Junior Quant Trader

Asian Market Hours

Confirmed live in the last 24 hours

Old Mission

Old Mission

51-200 employees

Global market maker for illiquid ETFs

Quantitative Finance
Financial Services

Junior, Mid

Chicago, IL, USA

Position requires joining the Chicago office.

Category
Quantitative Trading
Quantitative Finance
Finance & Banking
Required Skills
Python
R
Ruby
Java
MATLAB
Risk Management
C/C++
VBA
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
  • 2+ 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.
  • A strong work ethic and ability to adapt quickly in a fast-paced environment.
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.
  • Research potential trading opportunities.

Old Mission specializes in providing liquidity for hard-to-price and illiquid exchange-traded funds (ETFs) on a global scale. The company operates as a market maker, facilitating the buying and selling of these financial products, which helps large institutions manage and transfer risk effectively. Old Mission's approach combines a team of skilled traders and technology experts who work collaboratively to ensure efficient operations and exceptional service. Unlike many competitors, Old Mission emphasizes the human element in its business, fostering a culture of problem-solving and support that enhances client relationships. The company's goal is to continue delivering high-quality liquidity solutions while aligning its interests with those of its clients and employees.

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