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Department: Trading
Employment Type: Full Time
Location: Chicago IL
Description
Wolverine has an opportunity for an experienced quantitative trader/researcher to join a growing options market-making desk within a well-established firm. The ideal candidate has a passion for defining exchange-facing market-making algorithms and/or identifying options pricing volatility signals. You have experience defining research priorities and deriving actionable insights from large datasets within the exchange-listed options space leveraging your deep knowledge of market microstructure.
What You'll Do
- Grow firm profitability by influencing the development of trading algorithms and researching options pricing signals.
- Define microstructure research initiatives and shape research infrastructure.
What We're Looking For
- 5+ years of experience conducting or guiding research on large sets of exchange market data and/or options pricing datasets.
- Proven track record of driving improvements on a systematic market-making desk or semi-systematic volatility trading desk-preferably at a top-tier market-making firm.
- Exposure to and a deep understanding of low-latency market-making technology including how insights gleaned from research projects are integrated into a production trading system.
- Deep knowledge of exchange infrastructure and microstructure.
- Strong communication skills and experience collaborating with software and hardware engineers to see your research through to production.
- Strong background in statistics and/or linear algebra is a plus.
- Experience with C++ or a similar programming language is a plus.
Why Join Us
Our flat organizational structure promotes teamwork across the Firm and offers easy access to senior staff. While we work exceptionally well as a team in the office our bonds are further strengthened through company events activities and giving back. Volleyball soccer hockey 5K runs picnic parties and trivia nights provide friendly competition and build better relationships. By getting out of our usual environment and doing out-of-the-ordinary things together we foster creativity and broaden our imaginations to accomplish new challenges.
Benefits:
- Highly competitive salary & bonus opportunity
- Generous paid time off and flexible scheduling
- 100% coverage of medical dental vision life and disability benefits for single coverage
- Generous Paid Parental Leave
- Retirement Plans: 401K and Roth 401K
- Profit sharing plan
- Long- and short-term disability
Additional Perks:
- Free breakfast and lunch from our in-house kitchen with rotating menus (including snacks!)
- On-site gym with a subsidized membership
- Frequent company outings
- Opportunity to give back to organizations that help individuals in need in the Chicagoland area
Professional Development:
- In-house education team - classes and resources are offered for continuous learning opportunities
- Mentorship Program through your first six months of employment
The base compensation range for this role is approximately $150000 - $200000 contingent on experience. Wolverine Tradings's total compensation model includes base salary and an annual discretionary bonus.
Skills Required
- 5+ years of experience in quantitative trading or research
- Experience with market-making technology and exchange infrastructure
- Strong background in statistics or linear algebra
What the Team is Saying

What We Do
The Wolverine companies comprise a number of diversified financial institutions specializing in proprietary trading asset management order execution services and technology solutions. We are recognized as a market leader in derivatives valuation trading and value-added order execution across global equity options and futures markets.
Why Work With Us
At Wolverine we've created a strong collaborative environment with exceptional growth opportunities. Whether your interest is trading technology or operations motivated and innovative individuals can find many pathways to success. Our flat organizational structure promotes teamwork across the Firm and offers easy access to senior staff.
Gallery
Wolverine Trading Offices
OnSite Workspace
We believe that some of our best work is done working alongside each other at our Chicago headquarters. Whether we are sharing a meal prepared by our in-house culinary team or whiteboarding problems the opportunities to collaborate are endless.
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