Quantitative Developer

Cboe Global Markets
Chicago, United States of America
yesterday

Role details

Contract type
Permanent contract
Employment type
Full-time (> 32 hours)
Working hours
Regular working hours
Languages
English
Experience level
Senior
Compensation
$ 154K

Job location

Chicago, United States of America

Tech stack

Java
Software Applications
C++
Nvidia CUDA
Computer Programming
Statistical Hypothesis Testing
Python
Linear Regression
Matlab
NumPy
Reference Data
Release Management
Scientific Computating
SQL Databases

Job description

Cboe is looking for an experienced Senior Quantitative Developer who seeks a new challenge in the financial technology services industry. You will work within a team of seasoned developers, technologists, and quants with immense experience in financial markets and a keen interest in financial modeling and analytics., * Develop and implement quantitative models and software applications to process and analyze real-time financial market data in a high-performance, real-time computing environment

  • Maintain and optimize existing software applications, and recommend and implement improvements
  • Write technical specifications, project plans, and technical documentation; translate business requirements into functional specifications and project plans
  • Regular communication with senior managers and technical colleagues
  • Processing, collecting, and analyzing financial market data, including high frequency real-time pricing data and reference data
  • Monitor and improve the quality of analytical data generated from our applications; develop/work with reference data team to add or modify reference data sources
  • Work with product managers and business development team to write documentation, technical specifications, project plans and sales material for our data and applications, At Cboe, we are committed to providing a competitive, transparent, and market-informed total rewards program. The anticipated base salary range for this role is $119,000-$154,000 in Kansas, $130,900-$169,400 in Chicago, and $148,750-$192,500 in New York, with actual compensation determined by job-related factors such as skills, relevant experience, education, internal alignment, and location.

This role may also be eligible for annual incentive compensation and, where applicable, participation in Cboe's long-term equity programs.

Requirements

  • Minimum 5 years of experience in financial markets required (market data, reference data, risk)
  • Quantitative STEM background with a strong interest in financial markets, derivatives pricing, quantitative modeling, and risk analytics experience
  • Experience in financial derivatives modeling, corporate actions, securities, and derivatives reference data, including futures and options contracts
  • Strong programming skills in Java and/or C++; functional programming skills in SQL; and working knowledge of R, Python/NumPy, MatLab, or similar language for working with data and performing scientific computing. CUDA programming experience preferred.
  • Strong knowledge of and extensive experience with statistical concepts including Bayesian modeling and hypothesis testing; linear regression; principal components (PCA); tree models; and time series modeling such as GARCH

Specific Skills Required:

  • Strong attention to detail, a highly analytical and quantitative mind, capable of translating analytical insights into actions
  • Ability to work as a self-starter with minimal supervision; take ownership of projects from start to finish; develop requirements and specifications; QA testing, documentation and production release
  • Ability to multi-task, prioritize and manage time effectively, in a deadline driven environment
  • Strong interpersonal and communication skills necessary to work within a global team

Education: Bachelor's degree required and Master's or PhD in a STEM field highly preferred

Benefits & conditions

  • Fair and competitive salary and incentive compensation packages with an upside for overachievement

  • Generous paid time off, including vacation, personal days, sick days and annual community service days

  • Health, dental and vision benefits, including access to telemedicine and mental health services

  • 2:1 401(k) match, up to 8% match immediately upon hire

  • Discounted Employee Stock Purchase Plan

  • Tax Savings Accounts for health, dependent and transportation

  • Employee referral bonus program

  • Volunteer opportunities to help you give back to your communities

Some of our associates' favorite benefits and perks include:

  • Complimentary lunch, snacks and coffee in any Cboe office

  • Paid Tuition assistance and education opportunities

  • Generous charitable giving company match

  • Paid parental leave and fertility benefits

  • On-site gyms and discounts to other fitness centers

  • Paid Time Off

About the company

Building trusted markets - powered by our people At Cboe Global Markets, we inspire our people to solve complex challenges together because what we do matters. We provide the financial infrastructure that powers the global economy. As a leading provider of market infrastructure and tradable products, Cboe delivers cutting-edge trading, clearing and investment solutions to market participants around the world. We're building meaningful ways to support professional and personal development while strengthening the trust we've earned as a global market leader. Our teams are empowered to share ideas, actively pursue them and bring on a challenge. As champions of internal mobility and access to opportunity, we encourage our people to "go for it" and equip our managers with the training to coach their teams to the next level. We strive to provide employees a safe space to network, share ideas and create opportunities. To support strong partnership and team connection, this role follows a four day in office work model., More About Cboe Global Markets We're reimagining the future of the workplace by focusing on what matters most, our people. Our journey is an inclusive one. We're investing deeply in leadership programs and career development initiatives that ensure everyone has an equal chance to succeed. We work with purpose, solving problems with ingenuity, collaboration, and a lot of passion. We're an engaged and excited team connecting markets across borders and embracing growth in all its forms to achieve incredible outcomes. Learn more about life at Cboe on our website and LinkedIn.

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