Junior Quantitative Researcher (New Grad/Entry-Level) at Valkyrie Trading

Chicago, Illinois, United States

Valkyrie Trading Logo
$140,000 – $140,000Compensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, TradingIndustries

Skills

Key technologies and capabilities for this role

quantitative modelingalgorithm developmentsystem optimizationdata analysisstatisticsoptimizationPythondata science libraries

Questions & Answers

Common questions about this position

What is the salary range for this Junior Quantitative Researcher position?

The salary range is $140,000 - $140,000 a year, and the position is eligible for an annual discretionary bonus.

Is this position remote or does it require working in an office?

This information is not specified in the job description.

What skills are required for this role?

Candidates need a degree in mathematics, physics, engineering, computer science or equivalent, strong quantitative, analytical and problem-solving skills, strong working knowledge of data analysis, statistics, and optimization, and proficiency in Python with experience using common data science libraries.

What is the company culture like at Valkyrie Trading?

Valkyrie fosters a highly collaborative environment with curious, driven, and innovative people, emphasizing exploration, collaboration, building, group outings, company parties, and a casual dress environment.

What makes a strong candidate for this Junior Quantitative Researcher role?

Strong candidates will have a relevant degree, passion for financial markets, an entrepreneurial attitude, strong communication skills, drive to handle responsibility, and the ability to quickly recover from mistakes.

Valkyrie Trading

Derivatives trading using quantitative analysis

About Valkyrie Trading

Valkyrie Trading specializes in trading derivatives, which are financial contracts tied to the value of underlying assets like stocks and commodities. The company uses advanced algorithms and high-frequency trading techniques to execute trades quickly and accurately, taking advantage of small price differences in the market. Valkyrie Trading differentiates itself from competitors through its collaborative culture, where traders, quantitative analysts, and software engineers work closely together to enhance trading strategies. The goal of Valkyrie Trading is to maintain a competitive edge in the complex derivatives market by leveraging technology and data-driven insights, while also fostering a creative and growth-oriented work environment.

Chicago, IllinoisHeadquarters
2011Year Founded
VENTURE_UNKNOWNCompany Stage
Quantitative Finance, Financial ServicesIndustries
11-50Employees

Benefits

Health insurance with the choice of plans including PPO, HMO, and HSA options
Dental insurance
Vision insurance
Lunch is provided every day
Gym membership discount

Risks

Competition from fintech startups using AI could erode Valkyrie's market share.
Regulatory scrutiny on high-frequency trading may lead to stricter compliance requirements.
Quantum computing advancements threaten current encryption methods, risking proprietary technology.

Differentiation

Valkyrie Trading specializes in derivatives, leveraging cutting-edge technology and quantitative analysis.
The company uses advanced algorithms and high-frequency trading for precise market execution.
Valkyrie's collaborative culture fosters innovation among traders, analysts, and engineers.

Upsides

Increased machine learning adoption enhances market prediction accuracy, boosting profitability.
DeFi platforms create new opportunities for derivatives trading, requiring liquidity providers.
Advancements in real-time data analytics enable faster, informed decisions for high-frequency trading.

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