Quant Trading Associate - 2027 Start in London

Quant Trading Associate - 2027 Start in London

London Entry level 31500 - 38500 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Join a dynamic team to identify trading opportunities and solve complex problems.
  • Company: Chicago Trading Company, a leader in innovative trading solutions.
  • Benefits: Competitive pay, free meals, and comprehensive benefits package.
  • Other info: Diverse and inclusive workplace with excellent growth potential.
  • Why this job: Be part of a fast-growing firm that values innovation and teamwork.
  • Qualifications: Pursuing a degree with strong analytical skills and a passion for learning.

The predicted salary is between 31500 - 38500 £ per year.

Chicago Trading Company (CTC) is a premier proprietary trading firm specializing in options market making. Our collaborative culture fuels innovation in quantitative research, systematic trading strategies, and cutting-edge trading technology. For over three decades CTC has provided critical liquidity across derivatives exchanges worldwide - making them fairer, more transparent, and more efficient. We strive to be the most innovative firm in the industry today, tomorrow, and long into the future while upholding ethical excellence. We believe that CTC makes a positive impact on the markets, the lives of our employees, and all the communities to which we belong.

The Quant Trading Associate (QTA) role is our entry-level position within our Trading and Quant organization and gives you broad exposure to the whole business as you work towards graduating from the Associate Program and assuming a role as a Quant Trader or Quant Researcher. As a QTA, you will work in a high-impact role as a member of a trading or quantitative team. You will play a vital part in identifying trading opportunities and impacting your team through dynamic problem solving — including trade execution, strategy formulation, back-testing, data analysis, and the modeling and pricing of traded financial derivatives — while communicating with traders, risk managers, software engineers, and quants throughout the trading day. You will learn all aspects of the trading and quant operation and work towards a role that generates trading revenue or drives strategy development for the team. In addition to the trading and quantitative side of the business, you will have exposure to technology through our combined trading and technology curriculum. We encourage competitiveness and collaboration in equal measure and strive to better each other to win as one team.

What to Expect:

  • Due to the dynamic nature of this business, we cultivate an environment of continuous learning and growth through an in-house education department.
  • Through formal classroom work, mock trading, and real-time practical exposure, you will gain a holistic introduction to the derivatives market while sharpening your quantitative skillset.
  • An introduction to options pricing, theory, trading philosophies, and programming courses.
  • Exposure to different product areas and responsibilities.
  • One-on-one mentorship from senior members in the firm.
  • Opportunities to grow quickly and start making autonomous trading decisions.
  • Participation in data-driven research for the purpose of alpha generation.

What it takes for you to be successful:

  • You have a competitive drive and are a highly motivated individual that only gets stronger as part of a collaborative team.
  • An aspiration to collaborate with traders, quants, developers, and other experts to further CTC's goal of providing world class liquidity to financial markets.
  • You love solving complex problems.
  • You're intellectually curious and like to challenge the status quo.
  • You can effectively communicate sophisticated ideas both written and verbally.
  • Strong quantitative and analytical abilities.
  • Basic programming skills or a willingness to learn Python.
  • No prior experience in finance is necessary, but a deep curiosity and a hunger to learn is essential.

Key requirements:

  • Pursuing a Bachelor’s or Master’s degree. All majors and concentrations welcome.
  • You will graduate between December 2026-June 2027.
  • You have a demonstrated record of success (academics, awards, etc.).
  • You are willing to relocate to London.

Why should you consider a career at CTC?

  • Be part of a fast-growing, industry-leading global trading company.
  • Work in an environment that actively explores and applies emerging technologies — including AI — to enhance trading, engineering, and research workflows.
  • Opportunity to work with and learn from forward-thinking leaders in our industry.
  • Experience innovation, teamwork, and fun while working in an intellectually stimulating environment.
  • Join an ambitious, collaborative workplace where there is no limit to what you can learn and what you will be able to contribute.
  • Excellent growth potential.
  • Competitive pay and comprehensive benefits package including free breakfast and lunch (and healthy snacks of course!).

Our Commitment to Diversity, Equity and Inclusion:

At CTC, we aim to cultivate a workplace that celebrates diversity and each person feels included, engaged and empowered. Where each of us feels we belong. We are committed to having a diverse workforce and are proud to be an equal opportunity employer. CTC does not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.

Quant Trading Associate - 2027 Start in London employer: CTC

Chicago Trading Company (CTC) is an exceptional employer that fosters a collaborative and innovative work culture, making it an ideal place for aspiring Quant Trading Associates. With a strong commitment to employee growth through mentorship, continuous learning, and exposure to cutting-edge technologies, CTC offers a dynamic environment where you can thrive and make a meaningful impact in the financial markets. Located in London, employees enjoy competitive pay, comprehensive benefits, and a vibrant atmosphere that encourages teamwork and personal development.

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Contact Details:

CTC Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Quant Trading Associate - 2027 Start in London

Embrace Online Competitions

Get involved in online data science competitions like Kaggle or DrivenData. These platforms not only let you showcase your skills but also help you build a portfolio that stands out to hiring companies like CTC when you're aiming for that entry-level role.

Join Data Science Meetups

Look for local data science meetups or workshops happening in your area. These are perfect for connecting with industry professionals and fellow newbies, giving us the chance to learn the ropes and get our foot in the door at companies like CTC.

Networking Through University Career Services

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Spotlight Your Skills Online

Create a strong online presence by sharing your projects and insights on platforms like GitHub or LinkedIn. Make sure to apply directly through CTC’s career page, where your unique skills can shine in their entry-level data science openings!

We think you need these skills to ace Quant Trading Associate - 2027 Start in London

Quantitative Analysis
Data Analysis
Problem-Solving Skills
Communication Skills
Programming Skills
Python
Options Pricing

Some tips for your application 🫡

Show Off Your Data Skills:As you're aiming for an entry-level data science role at CTC, don't forget to highlight your proficiency in programming languages like Python or R. Dive into your CV and mention any relevant projects or coursework that demonstrate your data analysis skills or machine learning knowledge.

Include Relevant Projects:If you've done any data-related projects, whether in your studies or during a personal quest, showcase them in a portfolio. This gives us a tangible sense of your capabilities and shows your hands-on experience with data manipulation, visualisation, or model building.

Tailor Your Cover Letter:When crafting your cover letter, make sure to express your enthusiasm for data science and how this role at CTC aligns with your career goals. Consider sharing why you’re drawn to data-driven decision-making and how you see yourself growing in this field.

Show Your Curiosity:In the data science world, curiosity is key! Mention any online courses or certifications you've pursued that complement your studies. This could be anything from a statistics certification to a data visualisation workshop. It shows us you're serious about learning and growing in this field.

How to prepare for a job interview at CTC

Brush Up on Your Statistics

For a data science role, the interview may involve some statistical questions or problems. Make sure you're comfortable with concepts like probability, distributions, and hypothesis testing. This will not only help you answer questions but also show your analytical thinking.

Get Hands-On with Tools

Familiarise yourself with popular data science tools like Python, R, and SQL. If you're asked about specific projects, be ready to discuss the tools you used and how they contributed to your analysis. Showing that you not only know the theory but can apply it is essential!

Showcase Relevant Projects

As an entry-level candidate, your portfolio is crucial. Bring along examples of data projects you've worked on, whether during your studies or personal projects. Discuss the challenges you faced and how you overcame them, highlighting your problem-solving skills.

Prepare for Case Studies

Entry-level interviews in data science often include case studies where you'll have to analyse a dataset or solve a problem on the spot. Try out some practice case studies beforehand, so you're not caught off guard. It's all about displaying your thought process and how you tackle data-driven challenges!