Principal Quantitative Researcher - Systematic

Principal Quantitative Researcher - Systematic

Join to apply for the Principal Quantitative Researcher - Systematic role at Chicago Trading Company
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CTC is a cutting‑edge proprietary trading firm founded in 1995 that focuses on pricing and managing risk. Our culture fuels innovation, teamwork, and ethical excellence to positively impact markets and communities.

• Define and articulate a long‑term vision that will lead to new sources of revenue, evolving with business needs and market structure.
• Conduct commercially focused, revenue‑generating research while supporting others with their research.
• Develop a structured roadmap and ensure quant functions remain focused, aligned, and accountable.
• Direct development of innovative infrastructure across pricing models and research platforms.
• Foster coordination across risk management, development, and quantitative research to drive measurable business impact.
• Provide thought leadership while applying academic rigor to practical trading applications.

• PhD in a science or engineering field (e.g., Statistics, Mathematics, Physics, Operations Research, Electrical Engineering) strongly preferred.
• At least 10 years of experience as a quantitative researcher in a top systematic trading team.
• Proven ability to conduct independent, high‑quality research.
• Demonstrable track record of generating positive PnL.
• Exceptional communication skills, both written and verbal.
• Experience with the software development lifecycle and advanced programming skills.
• Strong Python skills, including Num Py and Pandas libraries.
• Unique combination of analytical prowess, programming skills, and an acute understanding of business.
• Unwavering commitment to quality, coupled with a drive for delivering commercial outcomes.

• Management experience leading a healthy and empowered team with accountability.
• Experience with a wide variety of market and alternative data.
• Expertise in U.S. options markets, options pricing models, volatility surfaces, and risk management techniques.
• Strong track record of publications in an industry setting.

Salary Range: $250,000—$300,000 USD. The role is also eligible for an annual discretionary bonus dependent on individual skills, experience, qualifications, and firm performance.

We offer generous medical coverage, paid parental leave, free breakfast and lunch with healthy snacks, wellness reimbursement, quarterly recharge days, and a variety of other benefits focused on supporting employees and families.

Disclaimer: interns and contractors are not eligible for benefits at CTC.

At CTC, we cultivate a workplace that celebrates diversity and encourages belonging. We are an equal‑opportunity employer and do not discriminate on the basis of race, religion, color, national origin, sex, gender, sexual orientation, age, marital status, veteran status, or disability status. We provide reasonable accommodation for individuals with disabilities throughout the application process and employment. If you need accommodation, contact

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