Treasury Risk Quantitative Trader at Belvedere Trading

Chicago, Illinois, United States

Belvedere Trading Logo
Not SpecifiedCompensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Proprietary Trading, Financial ServicesIndustries

Requirements

  • 1-3 years of experience in treasury trading or a related field (experience in automated market making strategies is a plus)
  • Bachelor's degree or higher, preferably in Finance, Economics, Mathematics, Engineering, Computer Science, or a related discipline
  • Strong understanding of financial market structure, pricing, and trading dynamics
  • Proficiency in programming languages such as Python, R, or SQL, with the ability to work with large datasets and develop models
  • Exceptional problem-solving skills and the ability to synthesize complex data quickly
  • Strong interpersonal and collaboration skills to thrive in a team-oriented environment

Responsibilities

  • Manage firm cash and credit risk to manage regulatory and clearing limits
  • Manage asset liability mismatch across the firm including forecasting changes in exposures
  • Implement hedging strategies for rho, currency, exercise, and assignment risks
  • Improve tooling for evaluating treasury related risks
  • Educate and communicate with traders on best practices for rho, currency, exercise, and assignment management

Skills

Key technologies and capabilities for this role

PythonRtreasury tradingliquidity managementfunding riskinterest rate riskhedging strategiesrho riskcurrency riskfinancial market structurepricingtrading dynamicsautomated market making

Questions & Answers

Common questions about this position

What is the salary range for the Treasury Risk Quantitative Trader position?

The salary range is $150,000 - $200,000 a year, with eligibility for discretionary bonuses in certain positions.

What benefits are offered at Belvedere Trading?

Employees have access to a variety of benefits, which can be found on the company's website.

Is this role remote or does it require office presence?

This information is not specified in the job description.

What skills and experience are required for this role?

Candidates need 1-3 years of experience in treasury trading or a related field, a Bachelor's degree or higher in Finance, Economics, Mathematics, Engineering, Computer Science or related, strong understanding of financial market structure, proficiency in Python, R, or SQL, exceptional problem-solving skills, and strong interpersonal skills.

What is the company culture like at Belvedere Trading?

The culture emphasizes Team Belvedere by working seamlessly with others, Me in Team by striving for excellence, Own It by taking ownership of challenges, and Build Rockets by bringing bold ideas.

Belvedere Trading

Proprietary trading firm specializing in options

About Belvedere Trading

Belvedere Trading is a proprietary trading firm located in Chicago that focuses on options trading in the financial markets. The firm uses its own technology and risk management strategies to identify and take advantage of market inefficiencies quickly. Belvedere continuously updates and improves its trading models and software to maintain a competitive edge. Unlike many of its competitors, Belvedere emphasizes a strong company culture that fosters entrepreneurship and empowerment among its team of over 200 members, which helps to keep employee turnover low. The firm's goal is to grow and adapt to the changing financial landscape while maximizing efficiency and leveraging its talented workforce.

Chicago, IllinoisHeadquarters
2002Year Founded
VENTURE_UNKNOWNCompany Stage
Quantitative Finance, Financial ServicesIndustries
201-500Employees

Benefits

Medical coverage
Life Insurance
Complimentary access to a full gym in the building
Time off
Parental leave
401(k)
Continuing education
Transit benefit program
Relocation reimbursement

Risks

Increased competition from Databento may impact Belvedere's market share.
Investment in volatile sectors like cryptocurrency exposes Belvedere to financial risks.
Small-cap stock investments pose risks due to inherent volatility and price fluctuations.

Differentiation

Belvedere Trading leverages proprietary technology to capitalize on market inefficiencies.
The firm specializes in options trading with a focus on equity index and commodity derivatives.
Belvedere Trading maintains a distinctive company culture with high entrepreneurship and empowerment.

Upsides

AI-driven trading algorithms enhance Belvedere's proprietary technology for efficient trading strategies.
Quantum computing opens new avenues for risk management and trading model optimization.
Cloud-based trading platforms enable faster, scalable operations aligning with Belvedere's tech focus.

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