Junior Systematic Options Analyst

Wolverine
Chicago, US
On-site

Job Description

Description

Wolverine has an opportunity for an early career quantitative analyst to join a growing options market-making desk within a well-established firm. The ideal candidate has a passion for defining exchange-facing market-making algorithms and/or identifying options signals from market data. You have experience defining research priorities and deriving actionable insights from large datasets within the exchange-listed options space or other asset classes, leveraging your deep knowledge of market microstructure.

What You’ll Do

  • Grow firm profitability by influencing the development of trading algorithms and researching options pricing signals.
  • Define microstructure research initiatives and shape research infrastructure.

What We’re Looking For

  • 0-3+ years of experience conducting or guiding research on large sets of exchange market data and/or options pricing datasets.
  • Proven track record of deriving insights from data.
  • Exposure to and a deep understanding of low-latency market-making technology, including how insights gleaned from research projects are integrated into a production trading system.
  • Knowledge of exchange infrastructure and microstructure.
  • Strong communication skills and experience collaborating with software and hardware engineers to see your research into production.
  • Strong background in statistics and/or linear algebra is a plus.
  • Experience with C++ and Python or a similar programming language is a plus.

Why Join Us

Our flat organizational structure promotes teamwork across the Firm and offers easy access to senior staff. While we work exceptionally well as a team in the office, our bonds are further strengthened through company events, activities and giving back. Volleyball, soccer, hockey, 5K runs, picnic, parties, and trivia nights provide friendly competition and build better relationships. By getting out of our usual environment and doing out-of-the-ordinary things together, we foster creativity and broaden our imaginations to accomplish new challenges.

Benefits:

  • Highly competitive salary & bonus opportunity
  • Generous paid time off and flexible scheduling
  • 100% coverage of medical, dental, vision, life, and disability benefits for single coverage
  • Generous Paid Parental Leave
  • Retirement Plans: 401K and Roth 401K
  • Profit sharing plan
  • Long- and short-term disability

Additional Perks:

  • Free breakfast and lunch from our in-house kitchen with rotating menus (including snacks!)
  • On-site gym with a subsidized membership
  • Frequent company outings
  • Opportunity to give back to organizations that help individuals in need in the Chicagoland area

Professional Development:

  • In-house education team – classes and resources are offered for continuous learning opportunities
  • Mentorship Program through your first six months of employment

The base compensation range for this role is approximately $100,000-$125,000 contingent on experience. Wolverine Trading's total compensation model includes base salary and an annual discretionary bonus.

About the Company:

Wolverine

Skills & Requirements

Technical Skills

Quantitative analysisMarket-making algorithmsOptions pricing signalsResearch prioritiesData insightsMarket microstructureLow-latency market-making technologyExchange infrastructureStatisticsLinear algebraC++PythonCommunicationCollaborationOptions tradingMarket-making

Employment Type

FULL TIME

Level

Mid-Level

Posted

4/24/2026

Apply Now

You will be redirected to Wolverine's application portal.