Akuna Capital
Junior Quantitative Researcher, 2027 | Carnegie Mellon University
$145K
Chicago, IL +1 · Full-time · Posted Jul 15, 2026
- Location
- Chicago, IL
Chicago, Illinois, United States - Experience
- No number of years specified; experience building mathematical models is required. Financial experience is not required.
- Education
- Bachelor’s, master’s, or PhD in a technical field (Engineering, Statistics, Computer Science, Mathematics, Physics, or a related subject), completed upon employment.
- Visa sponsorship
- Legal authorization to work in the U.S. is required on the first day of employment, including for F-1 students using OPT or STEM.
About the job
Develops and researches quantitative trading strategies and models using statistical and machine learning methods for an options market-making firm.
What you'll do
- Develop trading strategies using statistical and machine learning algorithms.
- Design and implement optimization algorithms for portfolio construction; develop quantitative models of market behavior.
- Advance existing research initiatives and explore new research topics.
What they ask for
- Expertise in statistics and machine learning, plus experience building mathematical models for complex real-world problems.
- Intermediate programming skills in Python.
- Bachelor’s, master’s, or PhD in a technical field or related subject, completed upon employment.
- Must graduate August 2027 or earlier; GPA of 3.5 or above; legal authorization to work in the U.S. on the first day of employment, including F-1 students using OPT or STEM.
Pay
USD 145,000 minimum base salary
Tools
Python
AI focus
Apply and develop machine learning algorithms for trading strategies and contribute to the firm’s strategy portfolio.
Model-written summary · the original posting is authoritative