Full-Time

Quantitative Analyst

Treasury

Belvedere Trading

Belvedere Trading

201-500 employees

Proprietary options trading using advanced tech

Compensation Overview

$100k - $150k/yr

Chicago, IL, USA

In Person

On-site at Chicago headquarters, 5 days/week during business hours; no travel requirements.

Category
Quantitative Finance (1)
Required Skills
Python
Forecasting
SQL

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Requirements
  • 3+ years in the financial services industry, working in a quantitative capacity
  • Proficiency with Python and SQL
  • Strong analytical and quantitative problem-solving skills
  • Experience with journal entries, reconciliations, and accruals from treasury transactions
  • Ability to be in Belvedere's Chicago headquarters, during regular business hours, 5 days per week
Responsibilities
  • Perform daily cash management forecasting, optimization, and account transfers
  • Recommend and implement strategies to improve cash management efficiency
  • Communicate treasury strategies, exposures, and recommendations to managers, traders, and risk teams to ensure firm-wide alignment
  • Develop and support treasury policies, procedures, and controls
  • Champion best practices in treasury management
  • Identify, track, and analyze treasury KPIs to improve performance
  • Educate stakeholders across the firm
  • Contribute to automating processes
Desired Qualifications
  • Experience with data analytics tools such as PowerBI and Looker

Belvedere Trading is a proprietary trading firm in Chicago that focuses on options trading. It uses its own technology and risk management capabilities to quickly capitalize on market inefficiencies, continuously re-engineering and maintaining its trading models and software to stay ahead. The company supports a team of over 200 people and emphasizes a distinct culture, entrepreneurship, and employee development, which contributes to low turnover and strong referrals. Its competitive edge comes from combining advanced technology, disciplined risk controls, and ongoing model optimization to operate efficiently in fast-moving financial markets. The firm aims to grow through expanding its talent, technology, and market reach while tackling evolving opportunities and challenges in the markets.

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2002

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Simplify Jobs

Simplify's Take

What believers are saying

  • Belvedere posted active openings on August 26, 2026, including senior engineers and traders.
  • LinkedIn still listed 2026 internships and entry-level roles, showing a continuing talent pipeline.
  • Singapore expansion and a dedicated options trader role there suggest geographic diversification beyond Chicago.

What critics are saying

  • 2019 CFTC spoofing settlement still stains credibility and invites tighter surveillance from CME and regulators.
  • Belvedere's 13F-only transparency hides revenue, leverage, and PnL, complicating employer stability assessment.
  • Options market-making profits can compress fast; losing DPM status at Cboe would hit franchise value immediately.

What makes Belvedere Trading unique

  • Chicago-native prop desk with Cboe DPM rights on SPESG, SPEQX, and MRUT in 2026.
  • Hiring spans trading data fabric, market data, and FPGA engineering, signaling deep technology ownership.
  • Global footprint across Chicago, Boulder, New York, and Singapore broadens talent and exchange access.

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Benefits

Medical coverage

Life Insurance

Complimentary access to a full gym in the building

Time off

Parental leave

401(k)

Continuing education

Transit benefit program

Relocation reimbursement

Company News

ETFDailyNews.com
Jun 9th, 2025
Parallel Advisors LLC Has $53,000 Position in Granite Ridge Resources, Inc. (NYSE:GRNT)

Belvedere Trading LLC acquired a new stake in shares of Granite Ridge Resources in the fourth quarter valued at about $75,000.

Castle Placement
Nov 6th, 2024
Top 10 CloudTech & DevOps Capital Raises in the U.S. - October 16th-31st, 2024

Databento, developer of a colocation platform designed to provide simpler and faster historical data to receive market data, raised $10 million of Series A1 venture funding from Clear Street, Lightscape Partners and Belvedere Trading.

Global Fintech Series
Oct 30th, 2024
Databento Closes $10 Million in Additional Funding to Drive Global Expansion

Databento, one of the fastest-growing companies in the financial data industry, today announced the successful close of $10 million in additional funding, increasing its total Series A round to $30 million. This caps off an extraordinary year that saw a 985% surge in revenue and over 7,000 new customers.

MarketBeat
Feb 5th, 2024
GABELLI & Co INVESTMENT ADVISERS INC. Takes $594,000 Position in Sequans Communications S.A. (NYSE:SQNS)

Belvedere Trading LLC purchased a new stake in Sequans Communications in the 2nd quarter worth about $51,000.

ETFDailyNews.com
Jan 18th, 2024
Independence Contract Drilling (NYSE:ICD) Stock Passes Below 200-Day Moving Average of $2.71

Belvedere Trading LLC purchased a new stake in Independence Contract Drilling in the fourth quarter valued at $38,000.