Junior Hybrid Trader
Junior Hybrid Trader at Belvedere Trading
At Belvedere Trading, Junior Hybrid Traders are some of the industry’s most quantitative problem solvers. We created this unique role to foster collaboration across our proprietary technology and trading teams. As a result, our Junior Hybrid Traders are at the forefront of technology immersion as they learn best practices in software development. Our Hybrids also implement the most sophisticated trading strategies and focus on projects related to trading logic development, electronic trading strategies, and quantitative research. If you love technology and financial markets, then this position might be for you.
Core Values
The secret to our award-winning culture is our Core Values: Team Belvedere, Me In Team, Own It, Iterative Innovation, and Passionate Discourse. We live and breathe these values every day. Take a moment to learn more and see if our values align with yours.
What our Junior Hybrid Traders do
- Research – Participate in quantitative research and the application of quantitative strategies while learning concepts behind our core market-making operations
- Daily trading activities – Assist with order execution, trade checking, and trade reconciliations
- Desk strategy – Participate in strategy meetings and collaborate with your team on their position management
- Development projects – Lead and participate in specific quantitative development projects that enhance trader facing technologies
- Software development – Develop strong architecture and development skills and learn the basics of design, implementing, and testing enterprise software
- Training – Engage in continuous, hands-on training that includes education on option valuation, game theory, hedging, portfolio analysis, and simulated trading games to quickly learn the aspects of option pricing and financial engineering; both on a theoretical level and in application with Belvedere’s various strategies
- Collaborate with leadership – This position gives direct access to Position Managers and Software Development Team Leads to complete their broad training
- Career development – Eventually leading to a permanent entrepreneurial role as a Quant Trader, Electronic Trading Strategist, or a high-powered Trade Logic Developer
Key qualities in great candidates
- Communication – We need people who can speak confidently and concisely especially when the stakes are high
- Analytical – We are looking for quantitative thinkers and master problem-solvers with strong data analysis skills
- Team Player – Trading and development are not isolated activities at Belvedere, so great candidates will have demonstrated success in working in team-based environments
- Core development skills – You will need some training or a demonstrated ability to learn programming languages such as C++, C#, and Python
- Knowledge of the financial markets and trading industry is a plus, but not a prerequisite
- Graduation date of December 2020 or May/June 2021 (start date of fall 2021)
Who we are
Belvedere Trading is a leading proprietary trading firm proudly headquartered in downtown Chicago. Our traders work hard to provide liquidity to the market through their market-making activities and are the masters of a diverse set of commodities, interest rates, exchange-traded fund (ETF), and equity index options. This wouldn’t be possible without the dedicated efforts of our technology teams who utilize and perfect our innovative technology solutions.
Our Stance
Belvedere is an Equal Opportunity Employer and is committed to providing a non-discriminatory employment environment for its employees. Discrimination against employees and applicants due to race, color, religion, sex, national origin, disability, age, military, and veteran status is prohibited. Belvedere encourages initiatives to increase diversity and provide equal opportunity to all applicants and employees. Belvedere is committed to providing a positive environment in which team members are treated with respect, dignity, and courtesy. Our firm believes in a dynamic culture of inclusion and diversity, where people thrive on individual and organizational characteristics, values, experiences, and backgrounds.
Please note that Belvedere Trading does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resumes will become the property of Team Belvedere. No phone calls, please.
Job Status: Full-Time
Sponsorship: Not available for this position
Work Schedule: Regular and reliable attendance during business hours
Amount of Travel Required: None
Physical: Ability to remain at a desk and concentrate for long periods of time
Through our efforts to provide a safe environment for you and our team members, all interviews for this position will be conducted virtually via phone or video. We will continue to actively hire and onboard new team members virtually through the remainder of the year unless otherwise noted. Any questions regarding the virtual recruiting process, please reach out to recruiting@belvederetrading.com