Our client, a Chicago based prop trading firm is looking for a quantitative strategist. This quant will work directly with a trader to automate his trading strategies. Understanding the trader’s logic and converting into an algorithm/model will be the primary and initial responsibility for this position. The trader is currently very profitable but limited in his technical abilities. Python would be the preferred language for this quant strategist to have expertise with. The firm’s back testing engine uses C++ so experience with C++ is a definite plus.
This quant strategist ideally will have prior similar experience either automating their own or another’s trading strategies. Compensation for this role will range from $300k to $500k, depending on experience, potential in later years to benefit from the PnL generated through his successful efforts. Advanced degree is preferred but prior experience could be an acceptable substitute.