Quant Developer

Overview

CTC is a cutting-edge proprietary trading firm with a long-term vision and a clear focus on helping the world price and manage risk. Our fun and trusting culture inspires us to solve the industry’s most challenging problems and take calculated risks in a collaborative environment. We strive to be the most innovative firm in the industry today, tomorrow, and long into the future while upholding ethical excellence.

We believe that CTC makes a positive impact on the markets, the lives of our employees, and all the communities to which we belong. Started in 1995 by a team of forward-thinking Traders, we are proud to call ourselves an industry leader that keeps making markets and each other better.

We are seeking a Quantitative Developer to join as part of our Graybox Technology department. Unlike desk-specific QD roles, our mission is to design and build modeling platforms for the entirety of our Options Market Making (OMM) business. We aim to create scalable solutions that serve all trading desks and strategies. Our primary focus is modernizing our internal modeling libraries and building comprehensive modeling platforms that enable Quantitative Researchers (QRs) across the firm to innovate rapidly.

As part of this team, you will help drive our vision of creating development frameworks and tools that provide the proper environment for QRs to focus on implementing business logic. We use advanced development techniques to implement these frameworks, but provide simple and straightforward interfaces for QRs to implement new models. We aim to increase the speed of research and innovation while maintaining the robustness and performance our trading systems demand.

Our team of Firmwide QDs collaborate closely with QR teams across all trading desks, as well as other engineering teams in Graybox Technology to build world-class infrastructure that unlocks innovation potential across the entire firm.

• Drive the modernization of modeling libraries and related infrastructure.
• Design and implement modeling platforms that accelerate QR innovation cycles.
• Build development frameworks with guardrails that allow QRs to focus on business logic rather than engineering complexity.
• Create tools and systems that streamline the research-to-production pipeline.
• Collaborate with QR teams across all desks to understand their modeling needs and pain points.
• Partner with other Graybox Technology teams on firmwide infrastructure initiatives.
• Develop analytical libraries using foundational technology provided by our engineering teams.
• Implement and optimize numerical techniques, algorithms, and computational frameworks.

• Masters or PhD degree in a quantitative field
• Strong modern C++ programming skills, including deep familiarity with metaprogramming, STL, design patterns, and modern C++ best practices using C++20.
• Strong quantitative skills in numerical algorithms and simulation.
• Knowledge of derivative pricing models, products and markets.
• Strong written and verbal communication skills.
• Passion for interdisciplinary work with stakeholders across trading, quant and technology.
• Python and Java proficiency preferred for prototyping and integration work.

The salary range for this role is listed below. This role is also eligible for an annual discretionary bonus. The discretionary bonus will be dependent upon the individual’s skills, experience, qualifications, and firm performance.

Salary Range

$175,000—$225,000 USD

We strongly believe in the well-being of our employees and their families so we offer outstanding benefits to support you both professionally and personally. These benefits include generous medical coverage, paid parental leave, free breakfast and lunch (plus healthy snacks, of course), wellness reimbursement, quarterly recharge days, and a variety of other benefits focused on providing the best employee experience.

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

At CTC, we aim to cultivate a workplace that celebrates diversity and each person feels included, engaged and empowered.…