Options Quantitative Strategist

AI in this role

Virtu is a leading financial firm that leverages cutting edge technology to deliver liquidity to the global markets and innovative, transparent trading solutions to our clients. As a market maker, Virtu provides deep liquidity that helps to create more efficient markets around the world. Our market structure expertise, broad diversification, and execution technology enables us to provide competitive bids and offers in over 19,000 securities, at over 235 venues, in 36 countries worldwide

The firm’s complementary core offerings—market making, client execution services, and trading venues—give Virtu a competitive advantage in developing and applying innovative tools that deliver efficiencies and performance across the organization. We continuously develop and employ innovative technology, trading strategies and risk management systems that drive superior and highly scalable trading platforms and are looking for an experienced Quantitative Strategist to help us propel our technology forward in the options trading space.

ROLE OVERVIEW

As a Quantitative Strategist on our Options desk, you will collaborate with our team of experienced traders, quants, and developers in a collegiate and collaborative environment that encourages cross-team exposure globally.

KEY RESPONSIBILITIES

Apply your observational skills and modern statistical methods to build predictive models, generate volatility signals, and translate them into viable trading strategies
Analyze and optimize existing signals to drive strategy performance improvements
Identify best opportunities to improve our existing volatility pricing models
Calibrate strategies across different products and adapt to changing market regimes
Collaborate with the team to implement and integrate new signals into our current trading infrastructure

THE CANDIDATE

Minimum 3-5 years of experience in quantitative research at an OAMM (Options Automated Market Maker). Familiarity with India options market is a plus
Advanced degree (preferably PhD) in Science, Mathematics, Engineering, or other quantitative field
Proven track record building volatility and/or delta signals as an options market making quant
A good understanding in options pricing theory
Experience analyzing large datasets to systematically identify new patterns
Proficient in programming, Python, Java or C++ preferred
Exceptional quantitative, mathematical, and problem-solving skills

Virtu Financial is an equal opportunity employer, committed to a diverse and inclusive workplace, welcoming you for who you are and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.

How we rate this

Options Quantitative Strategist at Virtu rates 18 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.