What are the responsibilities and job description for the Quantitative Trader (Equities - Chicago) position at dvtrading?
About Us:
Founded 20 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 600 people operating throughout North America, Europe and Asia. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.
Overview:
We are seeking a Quantitative Trader with 1–3 years of experience to help build and scale a systematic equities trading business. This role combines quantitative research, strategy development and live trading. The position offers meaningful ownership, direct impact on trading performance, and a path to increased risk-taking responsibility.
Job Responsibilities:
- Develop, implement, and optimize systematic equity trading strategies
- Conduct quantitative research using statistical and/or machine learning techniques
- Analyze large datasets to identify alpha signals and trading opportunities
- Collaborate with engineering to improve trading infrastructure and execution
- Monitor live strategies, manage risk, and adjust models in real time
- Evaluate performance and continuously refine strategies based on results
- Contribute to building a scalable equities trading platform and process
Requirements:
- 1–3 years of experience in quantitative trading, research, or a related field
- Active SIE and Series 57 licenses required
- Strong programming skills (Python required; C /Java a plus)
- Solid understanding of equity market structure and execution
- Experience with statistical modeling, time series analysis, or machine learning
- Strong analytical and problem-solving skills with high attention to detail
- Ability to operate effectively in a fast-paced, performance-driven environment
Benefits:
- Discretionary bonus eligibility
- Medical, dental, and vision insurance
- HSA, FSA, and Dependent Care Options
- Employer Paid Group Term Life and AD&D insurance
- Voluntary LTD, Life & AD&D insurance
- Flexible Vacation policy
- Retirement plan with employer match
- Paid Parental Leave
- Wellness Programs
DV is not accepting unsolicited resumes from search firms. Only search firms with valid, written agreements with DV should submit resumes in response to DV’s posted positions. All resumes submitted by search firms to DV via e-mail, the Internet, personal delivery, facsimile, or any other method without a valid written agreement shall be deemed the sole property of DV, and no fee will be paid in the event the candidate is hired by DV. DV is proud to be an equal opportunity employer and committed to creating an inclusive environment for all employees.
The range below reflects the expected base salary for this position. It represents a good-faith estimate of the base pay we anticipate offering, with actual compensation determined by your experience, education, skills, and performance throughout the interview process. This role is also eligible for a discretionary bonus (at DV Trading's discretion) and DV Trading's benefits package, including the benefits listed above.
Base Salary Range
$100,000 - $200,000 USD
Salary : $100,000