Full-Time

Quantitative Researcher

Systematic Equities

Old Mission

Old Mission

51-200 employees

Global market maker for illiquid ETFs

Compensation Overview

$200k - $350k/yr

+ Discretionary annual bonus

New York, NY, USA

In Person

Bachelor's

Category
Quantitative Finance (1)
Required Skills
Python
Quantitative Research
Risk Management
Data Analysis

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Requirements
  • A degree in a quantitative discipline such as Mathematics, Physics, Statistics, Computer Science, Operations Research, or a related quantitative field.
  • At least 4 years of experience in quantitative research or systematic trading in global equities.
  • Proficiency in Python.
  • Deep understanding of portfolio-level risks and exposure to style and factor risk.
  • Experience working with large financial datasets and building research pipelines.
  • Ability to manage multiple workstreams concurrently in a time-sensitive, collaborative, and fast-paced environment.
  • Ability to adhere consistently to high ethical standards.
Responsibilities
  • Research, develop, and implement quantitative trading strategies across global equity markets.
  • Identify and test alpha signals using large, structured, and unstructured datasets.
  • Perform statistical analysis, feature engineering, and model validation to assess signal robustness.
  • Design portfolio construction and optimization frameworks, including risk constraints and transaction cost modeling.
  • Conduct backtesting, out-of-sample testing, and performance attribution.
  • Collaborate with quantitative researchers, traders, and engineers to productionize models.
  • Monitor live strategies, analyze performance, and iterate to improve risk-adjusted returns.
  • Continuously evaluate new data sources, market microstructure effects, and regime changes.
  • Maintain live trading infrastructure and risk controls.

Generating company summary.

Company Size

51-200

Company Stage

Private

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2008

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Simplify Jobs

Simplify's Take

What believers are saying

  • Eugene Davidovich joined in September 2025 to launch electronic execution by year-end.
  • The firm planned a 70,000-square-foot Fulton Market expansion in July 2026.
  • September 2026 campus recruiting at MIT, Berkeley, CMU, Texas, and Brown signals hiring momentum.

What critics are saying

  • Jane Street and Citadel Securities can compress ETF spreads faster than Old Mission.
  • A 2026 platform launch miss would waste Davidovich's hire and delay revenue diversification.
  • If Vanguard and BlackRock keep tightening ETF spreads, Old Mission's niche evaporates.

What makes Old Mission unique

  • Old Mission specializes in illiquid ETFs, a niche competitors still under-serve.
  • Its 2025 single-dealer platform extends that ETF liquidity into direct client execution.
  • SEC-registered broker-dealers and Chicago trading talent support complex, automated market making.

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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

Company News

ETFDailyNews.com
Sep 27th, 2025
SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM Holdings Cut by Eagle Global Advisors LLC

Ameriflex Group Inc. purchased a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF in the 4th quarter worth approximately $27,000.

ETFDailyNews.com
Sep 17th, 2025
Parallel Advisors LLC Grows Position in iShares Short-Term National Muni Bond ETF $SUB

OLD Mission Capital LLC purchased a new position in shares of iShares Short-Term National Muni Bond ETF in the first quarter valued at about $8,875,000.

Yahoo Finance
Sep 9th, 2025
Old Mission Capital Hires Eugene Davidovich to Lead Launch of Single-Dealer Platform

CHICAGO, Sept. 9, 2025 /PRNewswire/ - Old Mission Capital, a leading global market maker in exchange-traded funds (ETFs), today announced that Eugene Davidovich has joined the firm to lead the development of its first single-dealer trading platform, expected to launch by the end of 2025.

ETFDailyNews.com
Jul 30th, 2025
Valley Forge Investment Consultants Inc. ADV Trims Stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Finally, OLD Mission Capital LLC acquired a new stake in Schwab Emerging Markets Equity ETF in the fourth quarter valued at approximately $20,734,000.

ETFDailyNews.com
Jul 28th, 2025
Global X Silver Miners ETF (NYSEARCA:SIL) Shares Acquired by Kestra Private Wealth Services LLC

Finally, OLD Mission Capital LLC acquired a new stake in Global X Silver Miners ETF in the 4th quarter valued at $948,000.