Quantitative Analyst/Developer recruitment

Ronin Capital, LLC (“Ronin” or the “Company”), is a proprietary trading firm headquartered in Chicago, Illinois.  Ronin is a registered broker dealer with the U.S. Securities and Exchange Commission and its designated examining authority is the Chicago Board Options Exchange, Inc.  In addition to its headquarters, Ronin has offices in New York and California as well as subsidiaries located in Europe.  Ronin’s proprietary trading operations cover a variety of markets including, but not limited to, equities, equity options, index options, government securities, corporate bonds, energy products, currencies and a wide variety of futures on global exchanges.  As a proprietary trading firm, the Company does not conduct a customer business nor does it maintain custody of any customer funds or securities.  Currently, Ronin has more than 300 associated persons.

Ronin and/or Ronin’s subsidiaries are members of various exchanges including, but not limited to, the Boston Options Exchange, Inc; the Chicago Board Options Exchange, Inc; CME Group, Inc. (including CME, CBOT, NYMEX and COMEX); the Dubai Mercantile Exchange Limited; EUREX Frankfurt AG; the International Securities Exchange, LLC; London Stock Exchange PLC; NASDAQ OMX PHLX; NYSE Arca Inc; NYSE Amex; NYSE Euronext Liffe; NYSE Liffe US; and the Fixed Income Clearing Corporation.

JOB DESCRIPTION:

Ronin is currently looking to hire a Quantitative Analyst/Developer with workable knowledge of C++ systems design and programming.  As part of a quantitative team, the individual will work closely with trading staff and provide quantitative research and support. The position is located in our Chicago, Illinois office.

Responsibilities:

• Research and develop pricing models for financial instruments.

• Design and implement the software for the pricing models.

• Utilize proprietary software that has been developed by Ronin Capital and its Affiliated Companies to develop predictive models for algorithmic trading. 

• Conduct research, analyze, and present discoveries in a professional format. 

• Work with programmers in design, development, and implementation of financial software/trading systems. 

• Optimize current trading strategies/systems and adjust parameters to adapt to changing market conditions.

• Develop and maintain proprietary databases, reports and monitors.

• Work closely with the traders to understand business requirements, design efficient and scalable solutions.

• Create and maintain up to date work plans, followed by communicating status to traders.

• Work closely with market data and network infrastructure teams as well as quantitative analysis team.

• Perform related duties as required.

Requirements:

• Requires Master’s degree or equivalent in Mathematics, Financial Mathematics, Statistics, Engineering, Econometrics, Physics, Computer Science or related advanced degree in quantitative fields.

• Minimum of 3 years development experience with C++ in a Windows environment.

• Previous experience in financial industry a must.

• Artificial intelligence experience desired.

• Minimum 2 years experience working as a quantitative analyst on the trading desk of an investment bank or hedge fund.

• FX options experience desired.

• Experience with Bloomberg and Bank API’s a plus.

• VBA experience desired.

• Strong understanding of system architecture and design.

• Understanding of financial models, statistical analysis, and/or simulation.

• Excellent written and verbal communication skills.

• Ability to work in a high pressure, dynamic trading environment.

• Ability to be comfortable working independently.

HOW TO APPLY:

Interested parties should submit a letter of interest and a resume (attached in MS Word or PDF format) via email to recruiting@ronin-capital.com.  Applicants who fail to attach a cover letter and resume will not be considered.  Please specify “Quantitative Analyst/Developer, req. #142” in the subject line of the email.  Ronin Capital, LLC does not accept unsolicited resumes from search firms or employment agencies.  Any unsolicited resume will become the property of Ronin Capital, LLC.  No phone calls, please.