What are the responsibilities and job description for the Java Engineer - Fitting position at Chicago Trading Company?
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.
As a Java Developer you will have an opportunity to work closely with traders, quants and talented technologists to deliver value at the very heart of our ecosystem. You will work on systems that are critical to the success of CTC. Collaboration, flexibility and attention to detail will be the key attributes vital to your success!
The Fitting team is responsible for building and maintaining the workflows that manage the parameters to our pricing models. The process of fitting requires traders to understand which parameters need to modified, and in which ways, in order to influence CTC’s option pricing and risk management. At CTC, we employ a number of sophisticated models to represent various market concepts such as volatility, interest rates, and the riskiness of tradeable assets. Engineers focus on partnering with trading and quant to evaluate modeling ideas and to provide necessary information to traders and automated systems to make real-time fitting decisions.
Responsibilities
The salary range for this role is listed below. This role is also eligible for an annual discretionary bonus. The discretionary bonus will be dependent upon the individual’s skills, experience, qualifications, and firm performance.
Salary Range
$150,000—$225,000 USD
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 info@chicagotrading.com. 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.
Compensation
The salary range for this role is listed below. This role is also eligible for an annual discretionary bonus. The discretionary bonus will be dependent upon the individual’s skills, experience, qualifications, and firm performance.
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.
As a Java Developer you will have an opportunity to work closely with traders, quants and talented technologists to deliver value at the very heart of our ecosystem. You will work on systems that are critical to the success of CTC. Collaboration, flexibility and attention to detail will be the key attributes vital to your success!
The Fitting team is responsible for building and maintaining the workflows that manage the parameters to our pricing models. The process of fitting requires traders to understand which parameters need to modified, and in which ways, in order to influence CTC’s option pricing and risk management. At CTC, we employ a number of sophisticated models to represent various market concepts such as volatility, interest rates, and the riskiness of tradeable assets. Engineers focus on partnering with trading and quant to evaluate modeling ideas and to provide necessary information to traders and automated systems to make real-time fitting decisions.
Responsibilities
- Partner with other technology teams to use existing services and solutions in support of your business partners.
- Stay up-to-date on product features, technology, and computing trends.
- Collaborate with traders, quants and technologists to drive requirements
- Architect high-performance full-stack solutions to tackle business problems
- Participate and share your expertise during design and code reviews
- Partner with our Platform team to ensure that the software delivered is high quality and easy run in a production environment
- 2 years of professional Java programming experience
- Experience with multi-threaded programming and distributed application architecture
- Strong interpersonal skills with the ability to work in a team environment
- Ability to create pragmatic solutions balancing tactical and strategic needs
- Ability to quickly triage issues and see through to the solution
- Experience in the financial industry is a plus
The salary range for this role is listed below. This role is also eligible for an annual discretionary bonus. The discretionary bonus will be dependent upon the individual’s skills, experience, qualifications, and firm performance.
Salary Range
$150,000—$225,000 USD
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 info@chicagotrading.com. 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.
Compensation
The salary range for this role is listed below. This role is also eligible for an annual discretionary bonus. The discretionary bonus will be dependent upon the individual’s skills, experience, qualifications, and firm performance.
Salary : $150,000 - $225,000