Graduate Quantitative Researcher 2027

About the role

BlackEdge seeks a Graduate Quantitative Researcher in Chicago to develop mathematical and statistical models supporting treasury options market-making and future trading strategies. The role focuses on longer-term, ambiguous problems, independent research, practical model development, and collaboration with traders and technology teams.

Responsibilities

• Formulate and solve complex problems involving options pricing, risk management, and market dynamics.
• Develop data-driven models balancing theoretical rigor with practical trading applications.
• Translate traders’ high-level needs into actionable quantitative research questions.
• Conduct independent research using academic literature, market data, and proprietary datasets.
• Prototype and iterate solutions for implementation within low-latency trading systems.
• Present findings and recommendations to trading and technology teams.

Working Environment

• Work at BlackEdge, a financial technology firm and market maker in treasury options.
• Contribute to expanding the firm’s existing success into new markets.
• Take ownership of work and pursue incremental improvements in trading performance.