Quantitative Trader/Coder

$100,000 - $200,000/Yr

Mesirow Financial Administrative Corporation - Chicago, IL

Full-time - Entry Level

Chicago, IL

Insurance Carriers and Related Activities

About the position

The Quantitative Trader/Coder position at Mesirow involves designing and implementing quantitative models and algorithms to enhance trading strategies within the Fixed Income Institutional Sales & Trading team. The role requires collaboration with traders and quants to improve trading systems and ensure high standards of code quality, while also staying updated on advancements in quantitative finance and technology.

Responsibilities

• Design and implement quantitative models and algorithms to enhance trading strategies
• Improve the performance and reliability of trading systems
• Validate trading strategies through rigorous back-testing and simulations
• Manage and integrate large datasets for quantitative analysis
• Collaborate with traders to understand their needs and provide technical solutions
• Maintain high standards of code quality through best development practices
• Stay informed on the latest trends and advancements in quantitative finance and technology
• Focus on refining and advancing trading systems and mission-critical applications
• Collaborate with quants, traders, and researchers to enhance system adaptability and scalability
• Contribute to the development of innovative trading applications

Requirements

• Bachelor's degree in Computer Science, Mathematics, or a related Engineering/Science discipline
• Minimum of 1-3 years of relevant experience
• Preferable experience in the credit markets
• Strong proficiency in Python, C++, Java, or similar
• Strong analytical, problem-solving, communication, and negotiation skills
• Experience collaborating with trading desks to enhance workflows and implement new processes
• Entrepreneurial spirit, self-motivated, and capable of excelling in a fast-paced environment

Benefits

• Discretionary bonus opportunity
• Mesirow benefit program