Quantitative Trader (2019)

Quantitative Trader (2019 Start) – 3Red

Job Description

We are looking for Quantitative Traders. You would work closely with your trading leads, technologists, compliance, and risk. The expectation is that you would you will be scripting in languages such as Python/R but the role is trading focused. It’s a unique opportunity because you will learn and grow into a more independent and self-directed trader. Helping to identify where there is edge that may not have been explored, analyzing the results of trades or automating a piece of trading are a few examples of what you would be doing in your first year.

Responsibilities of this Role:
  • Learning and managing a portfolio of trades
  • Writing scripts to maintain and improve trades
  • Historical data analysis

What We’re Looking for from Our Candidates:
  • Quantitative background
  • Some experience with a programming language
  • Ability to collaborate on projects with others but also work independently when needed
  • Interest in financial markets
It’s an exciting time to join. We are lean and have a lot of needs so you’ll actually be doing work that matters.

Once we receive your resume we’ll review it within a few weeks. If you’re a fit, we’ll move forward with an initial phone screen. From there, you’ll receive a python test that takes about 2 hours. We’d have a technical phone screen afterwards. Last, we would fly you to Chicago for an onsite interview. We receive many applications so we may get delayed but we will respond to every candidate.

Be sure to reach out if you have any deadlines we should know about! careers@3redgroup.com

Qualifications and Culture
This person needs to be driven, able to self-direct, and eager to learn. Our environment offers quick feedback and we count on each person to thrive on that and be able to execute given new information. Our office and culture is casual but the work ethic is not. We have an excellent work-life balance and are able to be productive without working until we burn out. This role offers competitive benefits and pay, as well as casual dress every day, excellent work-life balance, fully stocked pantries with many healthy options and a bit of chocolate here and there, catered lunches every Wednesday, 3Red outings, and a Zen Room for moments of relaxation.

3Red prides itself in offering a highly competitive salary commensurate with experience, as well as a performance-based bonus. 3Red strives for a casual and fun work environment and promotes a healthy lifestyle. Full medical dental, and vision coverage is offered as well as a retirement plan. For more details on our perks, please have a look at our website. http://www.3redgroup.com/ourperks/

Info about 3Red
3Red is a proprietary trading firm headquartered in the Chicago Loop, with a presence in New York. We’re committed to leveraging technology and math to implement competitive trading strategies while managing risk and responding to dynamic market conditions. Technology and quantitative ingenuity are at our core.

We hire extremely bright, talented, and motivated individuals to collaborate with each other and compete in the world’s financial markets. Our team has extensive, global experience in a wide variety of asset classes, risk management, and simple and complex technologies. Dedicated Technologists create all of our trading architecture, risk management systems, and software in-house. Algorithmic Traders extract information from a ton of data and leverage mathematical modeling to build automated trading algorithms.

This vacancy is a full time position.

Chicago or New York City
Educational Level
Bachelor / Graduate
Financial Services
United States