Old Mission
Systematic Equity Options Trader
$170K–$250K
Chicago, IL · On-site · Full-time · Posted Nov 18, 2025
- Experience
- 4+ years in systematic options trading, quantitative trading, or quantitative research.
- Education
- Bachelor's degree in Mathematics, Statistics, Computer Science, Physics, Engineering, or a related quantitative field; advanced degree preferred.
About the job
Develops, implements, and manages systematic equity options trading strategies, models, and risk controls in collaboration with research and technology teams.
What you'll do
- Design and optimize systematic strategies for equity options, index options, and volatility products; build pricing, volatility-forecasting, and risk-management models.
- Manage portfolio risk and execution, and analyze market microstructure and post-trade performance.
- Work with quantitative research and technology teams to turn research into production strategies and scalable trading infrastructure.
What they ask for
- Bachelor's degree in a quantitative field such as Mathematics, Statistics, Computer Science, Physics, or Engineering; advanced degree preferred.
- Strong understanding of options pricing theory, Greeks, volatility dynamics, market microstructure, and execution algorithms.
- Proficiency in Python or C++.
- Experience with statistical analysis, machine learning, and quantitative modeling techniques.
Nice to have
- Experience systematically trading equity options or volatility products; knowledge of order book dynamics and high-frequency trading concepts.
- Familiarity with real-time data processing and low-latency systems; track record of developing profitable quantitative trading strategies.
Pay
$170,000 - $250,000 USD base salary
Tools
Python, C++
AI focus
Experience with machine learning is required; the role applies it in quantitative trading and modeling.
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