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Old Mission

Makes markets in hard-to-price ETFs and options

Quantitative Researcher - Systematic Equities

Quantitative ResearchConfirmed live in the last 24 hours
Full-timeNew York, NY, USA

About the Job

Requirements

  • A degree in a quantitative discipline such as Mathematics, Physics, Statistics, Computer Science, Operations Research, or a related quantitative field is required.
  • At least 4 years of experience in quantitative research or systematic trading in Global Equities is required.
  • Proficiency in Python is required.
  • A deep understanding of portfolio-level risks and exposure to style/factor risk are required.
  • Experience working with large financial datasets and building research pipelines is required.
  • The candidate must be highly organized and detail-oriented, with the ability to manage multiple work streams concurrently.
  • Exceptional written and verbal communication skills and the ability to manage multiple tasks in a time-sensitive, collaborative, and fast-paced environment are required.
  • A proven track record of trustworthiness and performance, consistently adhering to the highest ethical standards, is required.

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.

About the Company

Old Mission

Makes markets in hard-to-price ETFs and options

Old Mission trades its own money as a market maker, which means it stands ready to buy and sell exchange-traded funds, options, bonds, and currencies so investors can trade when they need to. It made its name on exchange-traded funds that rarely trade and are hard to price, which other market makers often would not quote. Its researchers turn past market data into pricing models, engineers build the automated systems that send quotes to exchanges worldwide, and traders manage the resulting risk. The firm earns the gap between its buying and selling prices, and asset managers and fund issuers can also trade with it directly. Old Mission was founded in 2008 and is based in Chicago, with offices in New York and London.

Company size
201-500
Company stage
Private
Total funding
Not listed
Headquarters
Chicago, IL
Founded
2008

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