Senior Quantitative Researcher - Options Market Making at Maven (Chicago, IL)
Maven· Chicago, IL·
Job description
Senior Quantitative Researcher - Options Market Making
Maven is a market-leading proprietary trading firm deploying its own capital across discretionary, systematic, and market-making strategies. Backed by deep expertise in trading, technology, and research, we are relentlessly focused on improving liquidity across global listed derivatives. Through advanced execution and pricing technologies, we improve how financial markets operate.
The role:
As a Senior Quantitative Researcher, you will lead projects that have a direct impact on our trading performance. You will work collaboratively with other researchers and traders from various scientific fields and prestigious academic institutions, to develop innovative real-time trading models and solutions for low latency trading systems for exchange-traded options. You will share your knowledge and expertise with other researchers to tackle various challenging projects including but not limited to option pricing and volatility models, algorithm design and alpha research.
What we’re looking for:
- Academic degree in applied mathematics, computer science, statistics engineering or physics. PhD or any other track record in conducting independent research.
- Minimum 3+ years of experience in the financial industry, particularly electronic options trading.
- Ability to research advanced algorithms, develop predictive models and verify complex hypotheses using large datasets.
- Proactive interest in improving existing trading strategies and identifying new opportunities.
- A collaborative bridge between developers, and traders who aligns technical work with commercial impact and the broader strategic vision, and a real team player with other quants in the team.
Why you should apply:
- Rare opportunity to take a high level of responsibility at a fast-growing global trading firm
- Opportunity to be highly involved in the decisions that shape our trading
- Flexible research environment to iterate on your ideas quickly and see the impact of your work in production
- Leadership opportunities as the team grow
- Great engineering environment where technology, creativity and innovation is key to our success
- An environment where you’re empowered and supported to achieve your ambitions
- Friendly, informal and highly rewarding culture
- The upside of a start-up without the associated risks
WHAT WE CAN OFFER YOU
- Competitive compensation
- Annual discretionary bonus
- Fully catered breakfast and lunch
- 25 days’ annual leave
- Informal dress code
- Private healthcare and life assurance
- Group Pension plan
The Options Market Making team at Maven Securities operates under a strict direct sourcing model. We are committed to managing all recruitment activities internally to ensure a consistent and transparent candidate experience. As such, we do not accept unsolicited CVs or introductions from recruitment agencies. If you're interested in this opportunity, please apply directly.
Why work at Maven
- High-Impact Environment: Work directly with internal capital on sophisticated trading strategies, with a flat structure that values autonomy and ownership.
- Technology-Driven Culture: A strong emphasis on engineering and technology as core to the business, offering challenging roles in C++, Python, FPGA, and platform engineering.
- Global Opportunities: With offices in London, New York, Chicago, Amsterdam, Hong Kong, and Monaco, there are opportunities for international mobility and exposure to global markets.
- Strong Compensation: Competitive compensation is implied by the firm's ability to attract talent from top-tier firms like Jane Street, Optiver, and Goldman Sachs linkedin.com.
- Values-Driven: The firm explicitly values integrity, humility, creativity, and discipline, aiming to balance bold ambition with a modest and supportive culture mavensecurities.com.
- Work Policy: Likely hybrid/office-based given the nature of trading (roles in Chicago, London, Amsterdam, New York, and Hong Kong are clearly location-specific).
- Employee Rating: 4.1/5.0 on LinkedIn (108 reviews), with high marks for Work-Life (3.9), Compensation (3.8), and Culture (3.5) linkedin.com.