Tower Research Capital
Senior Options Quantitative Researcher
$120K–$180K
New York, Chicago +1 · Senior · Full-time · Posted Sep 19, 2023
- Location
- New York, Chicago
New York, NY, United States - Experience
- 3+ years in a quantitative research role focused on options pricing, volatility surfaces, and risk management.
About the job
Researches and improves options pricing, volatility valuation, risk models, and trading strategies, while collaborating with and mentoring team members.
What you'll do
- Develop options pricing and risk models; improve real-time volatility valuation and fitting.
- Research short- to mid-frequency volatility alphas and optimize existing strategies with traders and quantitative researchers.
- Mentor junior traders and/or quantitative researchers.
What they ask for
- Experience researching predictive volatility alphas over various time horizons.
- Understanding of practical considerations for implementing and executing trading signals.
- Expertise in detailed numerical pricing implementations for American options.
- Ability to work with large multi-faceted datasets; excellent attention to detail.
Nice to have
- Relevant programming experience, preferably in Python and/or C++.
- Passion and drive to take a leading role in a growing options business.
Pay
$120,000-180,000 USD annual base salary
Tools
Python, C++
Model-written summary · the original posting is authoritative