SpiderRock · 22 hours ago
Junior Quantitative Developer
SpiderRock is a company focused on developing quantitative products, and they are seeking a Junior Quantitative Developer to work with their team. The role involves translating mathematical and statistical models into functional code, primarily in areas like trading, risk management, and data analysis.
Financial ServicesInformation TechnologyInternetPayments
Responsibilities
Develop and maintain code libraries for numerical computations, option pricing, volatility surface fitting, machine learning models, and other tools
Collaborate with the team to troubleshoot issues, design solutions, and thoroughly test changes
Write clear and precise internal and external documentation on existing and new products
Qualification
Required
PhD in a STEM discipline with demonstrated expertise in quantitative methods, modeling, or data analysis
2+ years of experience in software development preferred (academic or professional)
Experience in the financial markets a plus
Experience with statistical modeling techniques, numerical methods, and machine learning models
Ability to analyze, visualize, and make sense of complex data
Proficient in one or more programming languages
Strong problem solving, debugging, and analytical skills
Ability to communicate effectively with individuals in both technical and non-technical roles
Strong communication skills
Ability to work independently and in a team setting
Prepared to work in a fast-paced, dynamic environment
Exceptional prioritizing, time management, and organizational skills
Strong work ethic and attention to detail
Independent initiative-taker
Work onsite at our Chicago corporate office
Preferred
2+ years of experience in software development preferred (academic or professional)
Experience in the financial markets a plus
Understanding of financial markets, market dynamics, and trading strategies preferred
Benefits
Health insurance (medical, dental, vision)
Voluntary ancillary plans (Life & AD&D, Short-Term Disability, Long-Term Disability, Critical Accident and Critical Illness)
Discounted pet insurance
Progressive time off benefits (unlimited PTO, maternity leave, paternal leave)
Wellness programs
Zen Den for meditation, naps, nursing, or just to decompress
Access to unlimited snacks and beverages in our lounge area
Monthly, Quarterly, and Semi-Annual company sponsored events
401K Safe Harbor Plan and Match
Onsite gym membership
Divvy bike access
Company
SpiderRock
SpiderRock is a leading provider of advanced trading, risk management, and data solutions for global derivatives markets.
H1B Sponsorship
SpiderRock has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (2)
2024 (3)
2023 (2)
2022 (3)
Funding
Current Stage
Growth StageCompany data provided by crunchbase