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Junior Quantitative Developer & Strategist

Open 34d

About Akuna:

Akuna Capital is an innovative trading firm with a strong focus on collaboration, cutting-edge technology, data driven solutions and automation. We specialize in providing liquidity as an options market-maker – meaning we are committed to providing competitive quotes that we are willing to both buy and sell. To do this successfully we design and implement our own low latency technologies, trading strategies and mathematical models.

Our Founding Partners first conceptualized Akuna in their hometown of Sydney. They opened the firm’s first office in 2011 in the heart of the derivatives industry and the options capital of the world – Chicago. Today, Akuna is proud to operate from additional offices in Sydney, Shanghai, London, and Singapore.

What you’ll do as a Junior Quantitative Developer & Junior Quantitative Strategist at Akuna:

Akuna’s Quant team creates trading strategies scientifically by combining its quantitative expertise with sophisticated understanding of derivatives and financial markets. The team is looking to add both Junior Quant Developers and Junior Quant Strategists who will make a direct and measurable impact on our trading decisions and performance.

We are searching for creative thinkers with strong programming backgrounds who can convert ideas into trading solutions, tighten our innovation cycle through rapid prototyping of performant production code, and have the desire to develop a deep understanding of financial markets. No prior experience with financial markets is required.

In these roles you will:

  • Design and develop production code of trading strategies: pricing models, execution logic and performance optimization along with researchers, traders, and system engineers.
  • Analyze and incorporate market signals in our trading systems.
  • Advance existing codebase and propose new solutions and improvements.

Qualities that make great candidates:

  • Bachelors, masters, or PhD degree in a technical field – Engineering, Computer Science, Math, Physics (or related subject) must be completed upon employment
  • Strong Python programming background
  • Experience in object-oriented programming
  • Exposure to linear algebra and introductory statistics
  • Desire and ability to learn the intricacies of financial markets
  • Must be graduating August 2027 or prior
  • GPA of 3.5 or above
  • Legal authorization to work in the U.S. is required on the first day of employment including F-1 students using OPT or STEM

Additional qualities that make great candidates:

  • Experience with generic and/or parallel programming
  • Deeper understanding of any of the following fields: Linear Algebra, Numerical Methods, Statistics, Optimization, Signal Processing, Computer Architecture, Machine Learning, Heterogeneous/High Performance computing
  • The ability to react quickly and accurately to rapidly changing market conditions, including the ability to quickly and accurately respond and/or solve math and coding problems are essential functions of the role
  • Exposure to financial markets and trading

**Resumes must be submitted in PDF format.

In addition to technical skillsets, Akuna values the unique perspectives people can bring to the table to collaboratively solve complex problems and drive Akuna forward. We want everyone to feel empowered to apply. We welcome your application and encourage you to take the first steps toward your future with us!

Please note: By submitting an application to this role, you are indicating this is your top preference and acknowledge you will not be considered for other Quant and/or Tech roles at Akuna this recruiting season. This acknowledgement does not limit applications to Trading roles - in addition to this role, you may apply to any Trader roles of interest.

In accordance with Illinois Equal Pay Act, the minimum base salary starts at $145,000. Exact compensation offered may vary based on many factors including, but not limited to, the candidate’s experience, qualifications, and skill set. This role is also eligible for a discretionary performance bonus as part of the total compensation package and includes a comprehensive benefits package that may encompass employer-paid medical, dental, vision, retirement contributions, paid time off, and other benefits. The minimum base salary herein was determined in good faith by Akuna Capital LLC.

What this application asks

greenhouse

First Name, Last Name, Email, Phone, Resume/CV

  • What is your legal first name? (Please also ensure that you input your legal first name in the *first name* field above).
  • Do you have a preferred name, other than the name indicated above? If yes, please indicate that name below.
  • By submitting this application and answering “yes” below, I acknowledge that this role is my top preference and I will not be considered for other Tech and/or Quant roles at Akuna for this recruiting season. This acknowledgement does not limit applications to Trading roles - in addition to this role, you may apply to any Trader roles of interest.  choose one
  • Which University do/did you attend? choose one
  • If you selected 'Other', please list your University: optional
  • What education level are you currently pursuing? choose one
  • Graduation Month choose one
  • Graduation Year choose one
  • If you are an undergraduate considering a master's degree following graduation, when is your potential master’s graduation date? choose one · optional
  • What is your GPA? choose one
  • Have you ever applied to a full time or internship position with Akuna in the past? choose one
  • Have you applied to this role at Akuna previously? choose one
  • How did you hear about this job? choose one
  • If you selected 'Other', please list how you heard about this job: written answer · optional
  • If you heard about Akuna through an Akuna employee, please list their name: optional
  • Do you have any offer deadlines that we should be aware of? choose one
  • If you have upcoming deadlines, please indicate which company and when the deadline is: written answer · optional
  • Do you have prior experience working at an options market making firm? choose one
  • If you have prior options market making firm experience, please list the firm and position held: written answer · optional
  • LinkedIn Profile optional
  • Did you complete our online Options 101 Course? If not, head to akunacapital.teachable.com for more information on this free course that is open to all! choose one · optional
  • Akuna Capital is a global company which wants to attract the highest quality talent. We will sponsor any qualified candidate for US work authorization if we are legally able; including, but not limited to, the following work-authorized classifications: TN, E-3, STEM OPT, H-1B, H1B1, and more. In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification document form upon hire. Please respond to the questions below so we may confirm your employment eligibility: Employment with Akuna Capital is subject to verification of an applicant’s identity and eligibility for employment as required by U.S. immigration laws. If hired, are you legally authorized to work for any employer in the United States? choose one
  • Do you now, or will you in the future require visa sponsorship to continue working in the United States (e.g. H-1B, TN, E-3)? choose one
  • If you answered “Yes” above to requiring visa sponsorship now or in the future for work authorization, please respond to the following questions. What is your current immigration status/basis of your current work authorization? choose one
  • If you have a current work authorization/status, when does it expire? (Please enter N/A if you do not require work authorization.)
  • If applicable, please list any extension options for your current work authorization status. (Please enter N/A if you do not require work authorization.)
  • Please provide additional detail about your sponsorship needs, current work authorization status, or eligibility for a work authorization status. (Please enter N/A if you do not require work authorization.) written answer
  • Do you live in New York or California? choose one
  • We care about addressing everyone correctly. To help us get it right, please write out how your name is pronounced phonetically to share with the hiring team.
  • We care about addressing everyone correctly. Add your personal pronouns below to share with the hiring team. choose any
  • If you selected self-describe, please specify your pronouns. optional
  • I certify that all information I have provided in order to apply for this position with Akuna is true, complete, and accurate. I understand further that if any information provided by me is found to be false, misleading, or misrepresented in any respect, that will be sufficient cause to eliminate me from further consideration for employment or may result in my immediate termination, whenever it is discovered. choose one
  • I acknowledge that my resume must be submitted in PDF format to be considered. choose one
  • Finally, for Akuna's future planning purposes, select which part of the title "Quantitative Developer & Strategist" resonates more with you as you think about your skills, interests, and career goals. We appreciate your feedback! choose one

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