Old Mission
Quantitative Researcher (Experienced - Ph.D.)
$175K–$250K
Chicago, IL · On-site · Full-time · Posted Mar 16, 2026
- Education
- Master’s or Ph.D. in a quantitative discipline.
About the job
Develop and improve options pricing models and research tools, focusing on volatility-based derivatives across asset classes in collaboration with traders.
What you'll do
- Build and evaluate derivative pricing models, including models for equity volatility products.
- Develop Python research infrastructure and analyze market data to explore trading ideas.
- Collaborate with traders and contribute to options research idea generation.
What they ask for
- Master’s or Ph.D. in a quantitative discipline, including computer science, engineering, physics, mathematics, statistics, or another hard science.
- Proficiency in derivatives and volatility modeling, including construction and calibration of forward curves and volatility surfaces; extensive knowledge of equity and index derivatives.
- Programming skills in Python and C++.
- Strong written and verbal communication skills and ability to manage multiple tasks in a collaborative, fast-paced environment.
Nice to have
- Experience with dividend swaps and futures.
Pay
$175,000 - $250,000 (base salary)
Tools
Python, C++
Model-written summary · the original posting is authoritative