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Chicago Trading Company

Senior Data Scientist - Vol Overlay

Reposted 12 Days Ago
In-Office
2 Locations
175K-225K
Senior level
In-Office
2 Locations
175K-225K
Senior level
Analyze data to enhance trading strategies, build data pipelines, and collaborate with quant researchers and engineers to ensure data accuracy and availability.
The summary above was generated by AI

CTC is a cutting-edge proprietary trading firm with a long-term vision and a clear focus on helping the world price and manage risk. Our fun and trusting culture inspires us to solve the industry’s most challenging problems and take calculated risks in a collaborative environment.

We strive to be the most innovative firm in the industry today, tomorrow, and long into the future while upholding ethical excellence. We believe that CTC makes a positive impact on the markets, the lives of our employees, and all the communities to which we belong. Started in 1995 by a team of forward-thinking Traders, we are proud to call ourselves an industry leader that keeps making markets and each other better.

Join our team as a Data Scientist in the systematic vol trading space, to advance research, grow trading, and expand strategies. You will work on large amounts and broad varieties of data. You will work closely with Quant Researchers, Engineers, and Traders to optimize trading strategies by owning and maintaining useful datasets. You will also have exposure to multiple functions throughout the organization including backtesting platforms and trading systems.  

What You’ll Do 

  • Perform exploratory, detailed, and statistical data analysis to provide insights and quality checks into the datasets. 
  • Build data pipelines, design validation metrics, and own the correctness and maintenance of the datasets. 
  • Develop derived datasets with relevant metrics and integrate datasets for downstream applications such as alpha generation, backtests, and production trading systems. 
  • Engage with quant researchers in trading desks and engineers in central data teams to understand the characteristics of the datasets. 
  • Contribute to the improvement and innovation of trading strategies by providing critical data insights. 
  • Ensure that data handling processes are flawless and strictly follow industry standard methodology. 
  • Successfully implement solutions that improve data quality and accessibility for the entire organization. 

What We’re Looking For 

  • 5 - 7 years of financial industry experience. 
  • A proven commercial approach and enthusiasm for collaborating directly with quants and risk managers. 
  • Outstanding oral and written communication skills and a great teammate. 
  • Strong knowledge of financial market data. Knowledge of options trading data is a big plus. 
  • Expertise in writing robust production code in Python for data tasks with proficiency in object-oriented design and emphasis on testing and monitoring. 
  • Experience in wrangling and manipulating large-scale data efficiently with pandas or numpy, and adept at addressing data issues. 
  • Experience with data ETL processes and writing SQL queries is a big plus. 
  • Familiarity with job scheduling tools like Airflow is advantageous. 
  • Knowledge of Linux is a plus. 

Compensation
  • Salary Range: $175,000 - $225,000, plus a discretionary bonus.
  • The discretionary bonus will be dependent upon the individual’s skills, experience, qualifications, and firm performance.

Most teams at CTC, with the exception of Trading, follow a hybrid workplace model, subject to change based on business need.

Our Benefits 

We strongly believe in the well-being of our employees and their families so we offer outstanding benefits to support you both professionally and personally. These benefits include generous medical coverage, paid parental leave, free breakfast and lunch (plus healthy snacks, of course), wellness reimbursement, quarterly recharge days, and a variety of other benefits focused on providing the best employee experience. 

(Disclaimer: interns and contractors are not eligible for benefits at CTC) 

Our Commitment to Diversity, Equity and Inclusion

At CTC, we aim to cultivate a workplace that celebrates diversity and each person feels included, engaged and empowered. Where each of us feels we belong. We are committed to having a diverse workforce and are proud to be an equal opportunity employer. CTC does not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. 

If you have a disability and believe you need a reasonable accommodation in order to search for a job opening or to apply for a position, please contact us at [email protected]. Note that emails sent to this email account for non-disability related issues, such as following up on an application, will not receive a response.

Use of Artificial Intelligence (AI)

Information submitted by job applicants may be subject to review and analysis by automated systems, including Artificial Intelligence (AI), as part of the recruitment process. Such systems are utilized to enhance the efficiency and effectiveness of our hiring procedures. Applicants are advised that any information provided may be evaluated by AI tools to ensure an equitable and thorough assessment.

Top Skills

Airflow
Linux
Numpy
Pandas
Python
SQL

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