Junior Quantitative Developer

The Junior Quantitative Developer will work with a small team responsible for the development and maintenance of the suite of quantitative products on the SpiderRock platform. The role will translate mathematical and statistical models into functional code, focusing on areas like trading, risk management, and data analysis. This is a full-time salaried position in our Chicago office and will report to the Lead of Quantitative Engineering.WHAT YOU WILL DODevelop and maintain code libraries for numerical computations, option pricing, volatility surface fitting, machine learning models, and other toolsCollaborate with the team to troubleshoot issues, design solutions, and thoroughly test changesWrite clear and precise internal and external documentation on existing and new productsWHAT SPIDERROCK IS LOOKING FORPhD in a STEM discipline with demonstrated expertise in quantitative methods, modeling, or data analysis2+ years of experience in software development preferred (academic or professional)Experience in the financial markets a plusExperience with statistical modeling techniques, numerical methods, and machine learning modelsAbility to analyze, visualize, and make sense of complex dataProficient in one or more programming languagesStrong problem solving, debugging, and analytical skillsUnderstanding of financial markets, market dynamics, and trading strategies preferredAbility to communicate effectively with individuals in both technical and non-technical rolesStrong communication skillsAbility to work independently and in a team setting.Prepared to work in a fast-paced, dynamic environmentExceptional prioritizing, time management, and organizational skillsStrong work ethic and attention to detail  Independent initiative-takerWork onsite at our Chicago corporate officeWHAT TO EXPECTHighly competitive pay, benefits and bonus structureHealth insurance (medical, dental, vision)Voluntary ancillary plans (Life & AD&D, Short-Term Disability, Long-Term Disability, Critical Accident and Critical Illness)Discounted pet insuranceProgressive time off benefits (unlimited PTO, maternity leave, paternal leave)Wellness programsZen Den for meditation, naps, nursing, or just to decompressWork with high-caliber and innovative professionalsAccess to unlimited snacks and beverages in our lounge areaMonthly, Quarterly, and Semi-Annual company sponsored events401K Safe Harbor Plan and MatchOnsite gym membership Divvy bike accessA fun and collaborative environment