About Us:

Founded more than 15 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 350 people operating throughout North America and in Europe. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.

DV Energy is a rapidly growing division that specializes in trading crude oil, refined products, natural gas, and related energy markets across US, Europe, and Asia. Our proprietary risk management and trading methodologies along with a strong ability to adapt to changing conditions has allowed DV Energy to grow into one of the largest financial participants within the global energy complex.

Responsibilities:

  • Improve real-time volatility fitting and options pricing models
  • Develop advanced pricing models and risk management strategies for commodities
  • Implement these models in our quant library and trading/risk platforms
  • Improve VaR methodology for options and commodity products
  • Develop and enhance the risk management platform used by traders to hedge trades and aggregate positions
  • Work closely with the trading, risk and technology teams to solve problems and identify opportunities

Requirements:

  • 5+ years of experience in a quantitative research role with a focus on options pricing, volatility surfaces, VaR and risk management
  • You have advanced graduate degree (MS or PhD) or equivalent, in a quantitative field (Mathematics, Physics, Statistics, Engineering, Quantitative Finance, Computer Science)
  • You demonstrate experience with advanced math models and their efficient implementation
  • You have experience in a front-office trading environment
  • You have experience in derivatives pricing models and hedging technique
  • You demonstrate strong programming skills (Python, C++) with several years of programming experience
  • You are business driven with excellent communication
  • You demonstrate strong attention to detail and able to take the lead on projects

Salary: $160,000-$200,000 (USD) + Discretionary Bonus

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