Junior Quantitative Trader

Junior Quantitative TraderChicago, Illinois, United StatesFounded in 1980 as Aardvark Financial, TransMarket Group (TMG) is a privately held global markets proprietary trading firm in Chicago. We use next-generation technology to capture opportunities around the world and manage risk in financial markets. Our mission is to bless others through the services we provide and through the generous stewardship of the wealth we create.TMG is a well-established and profitable business as a respected member of the global financial system for over 40 years, but also is like a startup because the potential of our group is at least one order of magnitude greater than what we are currently producing. We have an entrepreneurial culture and collaboratively develop our business with patience and discipline; we work hard, learn constantly, and relentlessly improve our expertise.DescriptionOur Quantitative Traders are passionate about improving the global economy by facilitating risk transfer and restoring order to prices. At TransMarket Group, you will be called on to work with teammates to eliminate inefficiencies and manage risk in the world's financial markets.As a Junior Trader, you will gain early exposure to real time trading in order to develop situational awareness and a deep understanding of the market. In collaboration with Senior Traders and development through our formalized education program, you will have the scope to utilize risk management and strategic thinking skills to guide trades and explore new trading opportunities. The ideal candidate is intellectually curious, strives for continual improvement, has a disciplined appetite for risk, and is dedicated to mastering their market.ResponsibilitiesPartner with Senior Traders to assist in and learn all facets of tradingDevelop expertise in relative value market fundamentals, quantitative modeling, and risk managementBuild and maintain quantitative model tools and analyticsManage real-time execution of semi-automated trading systemLearn and analyze real-time tradesResearch and improve upon trading strategiesRequirementsBachelor's, Master's, or Doctorate degree in a technical or industry related field such as, but not limited to, mathematics, statistics or mathematical finance with a graduation date between December 2026 and Spring 2027Required coursework: Differential Equations, Linear Algebra, Multivariable Calculus, Probability or Advanced StatisticsMinimum major GPA of 3.5/4 or equivalent scaleProficiency in Python required and some experience with C++ and other computer programming languages preferredDemonstrated passion for markets, finance, and trading such as, but not limited to personal trading, participation in trading competitions, attendance at firm discover days, industry related student groups or clubs and/or prior internship experience preferredDeep understanding of finance, math, and statisticsAttention to detail and the ability to make sound judgments under pressureStrong work ethic and willingness to do what it takes to get the job doneAbility to work in a fast paced and collaborative environmentThis position requires physical presence and is onsite at our office in Chicago, ILWe offer one of the most generous profit sharing programs in the industry because we believe our employees should be able to take part in our rapid growth and success. We are proud to offer more world-class benefits for our full-time employees and their families.TransMarket Group is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, gender, sexual orientation, gender identity or expression, religion, national origin, marital status, age, disability, veteran status, genetic information, or any other protected status.