Quantitative Researcher Intern

Quantitative Researchers conduct analytical research and develop mathematical models, using this knowledge cross-functionally to develop and enhance our options pricing, risk management and trading operation methodologies. Quants are an essential information source and frequent collaborator with trading and technology teams. What our Quant Researcher Interns do Responsible for option modeling for multiple products such as indices, commodities, and equities Run tactical tests for traders Understand and work on issues ranging from methodology and technology questions to new functionality, features, and enhancement requests to meet present and future business needs and requirements Research and interpret academic literature on related subjects Generate ideas for quantitative strategies related to market effects, market microstructure, and other subtle marketplace changes Develop, validate, and implement these strategies by applying econometrics, statistics, and stochastic modeling techniques to the financial data What You'll Need Pursuing a PHD or master’s level degree in Financial Mathematics/Computational Finance/Financial Engineering/Applied Math/Statistics or equivalent preferred Proficient in Python, including algorithm development, data analysis and visualization Experience in developing with other programming languages such as C++ or C# Demonstrated experience analyzing large data sets Familiar with options modeling Experience with common methods in statistical analysis, regression, optimization and algorithm prototyping Self-motivated to research and find reasonable explanations to phenomena observed in practical market environments Strong communication, analytical and problem-solving skills with solid reasoning in data driven and theoretical approaches Active team player motivated by a fast-paced environment Graduation date of December 2025 or May/June 2026 Ability to start in person June 2025

Belvedere Trading is a leading proprietary trading firm proudly headquartered in downtown Chicago. Our traders work hard to provide liquidity to the market through their market-making activities and are the masters of a diverse set of commodities, interest rates, exchange-traded funds (ETF), and equity index options. From the beginning, we began iteratively investing in our proprietary technology and committing to building our systems from the ground up. Our trading models and software systems are continually re-engineered, optimized, and maintained to stay on top of the industry. This wouldn’t be possible without the dedicated efforts of our technology teams who utilize and perfect our innovative technology solutions.