Quantitative Analyst at Wolverine Trading

Chicago, Illinois, United States

Apply Now

$70,000 – $110,000Compensation

Entry Level & New Grad, Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Finance, TradingIndustries

Requirements

Bachelor’s degree (or higher) in Mathematics, Statistics, Physics, Computer Science, Engineering, Finance, Economics, or a related quantitative field
Strong foundation in probability, statistics, and quantitative problem solving
Programming experience is a plus
Prior experience in a data-driven research environment
Familiarity with corporate finance, securities trading, or financial markets preferred
Excellent communication skills and ability to work effectively in a team environment
Competitive mindset

Responsibilities

Partner with portfolio managers to analyze, develop, and improve trading strategies and models
Conduct research and data analysis to support investment decisions across multiple asset classes
Verify, normalize, and maintain large and complex data sets
Build, maintain, and enhance tools, processes, and systems critical to daily desk operations
Assist in the development of new strategies through data mining, statistical analysis, and problem solving
Continuously explore ways to optimize performance, streamline processes, and identify new opportunities

Skills

Key technologies and capabilities for this role

probabilitystatisticsquantitative analysisdata analysisprogrammingdata miningfinancial marketssecurities tradingcorporate finance

Questions & Answers

Common questions about this position

What is the salary range for the Quantitative Analyst position?

The base salary range is $70,000 - $110,000, and total compensation includes an annual discretionary bonus.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What skills and qualifications are required for this role?

Candidates need a Bachelor’s degree or higher in Mathematics, Statistics, Physics, Computer Science, Engineering, Finance, Economics, or a related quantitative field, a strong foundation in probability, statistics, and quantitative problem solving, prior experience in a data-driven research environment, and excellent communication skills with a competitive mindset. Programming experience and familiarity with corporate finance, securities trading, or financial markets are preferred.

What is the work environment like at Wolverine Trading?

It's a fast-paced, performance-driven environment where you'll collaborate closely with portfolio management teams.

What makes a strong candidate for the Quantitative Analyst role?

Highly motivated and intellectually curious individuals with a quantitative background, strong problem-solving skills, and a competitive mindset who can thrive in a team-oriented, data-driven research environment stand out.

Wolverine Trading

Diversified financial services and trading firm

About Wolverine Trading

Wolverine Trading operates in the financial markets, providing services such as proprietary trading, asset management, and execution services. In proprietary trading, the company engages in market making, which involves buying and selling securities to provide liquidity, and valuation arbitrage, which takes advantage of price differences across markets. The asset management segment focuses on managing investment funds to generate returns for clients through various strategies. Execution services ensure that clients' trades are executed efficiently and at optimal prices, which is particularly important for institutional investors. Unlike many competitors, Wolverine leverages its technological capabilities and market expertise to deliver value to clients. The company's goal is to maintain a competitive edge in the financial markets while fostering a strong company culture that promotes teamwork, creativity, and continuous learning.

Chicago, IllinoisHeadquarters

1994Year Founded

VENTURE_UNKNOWNCompany Stage

Quantitative Finance, Financial ServicesIndustries

201-500Employees

Benefits

Highly competitive salary bonus

Generous paid time off and flexible scheduling

100% coverage of medical, dental, vision, life, and disability benefits for single coverage

Generous Paid Parental Leave

Retirement Plans: 401K and Roth 401K

Profit sharing plan

Long and short-term disability

Risks

High-frequency trading competition may erode Wolverine's market share in proprietary trading.

DeFi platforms threaten traditional asset management services offered by Wolverine Trading.

Regulatory scrutiny on algorithmic trading could impact Wolverine's operations and profitability.

Differentiation

Wolverine Trading excels in market making and valuation arbitrage across global markets.

The company leverages innovative technology to enhance trading and execution services.

Wolverine's strong company culture emphasizes teamwork, creativity, and continuous learning.

Upsides

Increased algorithmic trading adoption enhances market efficiency, benefiting Wolverine's market making.

ESG investing rise offers new opportunities for Wolverine Asset Management's sustainable strategies.

Growing demand for real-time data analytics boosts Wolverine Execution Services' technology offerings.

Land your dream remote job 3x faster with AI

Try Jobo Free