CareerPlan

Junior Quantitative Researcher

Chicago, ILFull-time$145k2026-07-25 → 2026-11-11

Core

Develop trading strategies using statistical and machine learning algorithms, design optimization algorithms for portfolio construction, and build quantitative models describing market behavior.

Role type

Junior IC quantitative researcher (machine learning & statistics)

Builds

Trading strategies and portfolio optimization models for an options market-maker

Domain

Financial markets / Derivatives / Quantitative finance

Deliverable

production ML models

Required skills

Statistics, Machine learning, Mathematical modeling, Python programming

Preferred skills

None stated

Technologies

Python

Responsibilities

Develop trading strategies using statistical and machine learning algorithms; Design and implement optimization algorithms for portfolio construction; Develop quantitative models describing market behavior; Advance existing initiatives and explore opportunities for new research topics

Seniority

Junior, entry-level IC