Junior Quantitative Trader

Full Timejunior

Chicago, Illinois, United StatesPosted 5 weeks ago

Role Overview

Transmarketgroup is hiring a Junior Quantitative Trader. This is a full-time role in Chicago, Illinois. Part of Transmarketgroup's Trading hiring. Full responsibilities, required qualifications, and the apply link are listed in the description below.

Salary Context

Salary is not disclosed in this posting. Market median for Junior-level Trading roles is $130k-$160k (based on 20 comparable listings). Many employers share specifics during the interview process or after an initial screen.

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Job description

Who We Are

Founded in 1980 as Aardvark Financial, TransMarket Group (TMG) is a privately held global markets proprietary trading firm in Chicago. We use next-generation technology to capture opportunities around the world and manage risk in financial markets. Our mission is to bless others through the services we provide and through the generous stewardship of the wealth we create.

TMG is a well-established and profitable business as a respected member of the global financial system for over 40 years, but also is like a startup because the potential of our group is at least one order of magnitude greater than what we are currently producing. We have an entrepreneurial culture and collaboratively develop our business with patience and discipline; we work hard, learn constantly, and relentlessly improve our expertise.

Description

Our Quantitative Traders are passionate about improving the global economy by facilitating risk transfer and restoring order to prices. At TransMarket Group, you will be called on to work with teammates to eliminate inefficiencies and manage risk in the world’s financial markets.

As a Junior Trader, you will gain early exposure to real time trading in order to develop situational awareness and a deep understanding of the market. In collaboration with Senior Traders and development through our formalized education program, you will have the scope to utilize risk management and strategic thinking skills to guide trades and explore new trading opportunities. The ideal candidate is intellectually curious, strives for continual improvement, has a disciplined appetite for risk, and is dedicated to mastering their market.

Responsibilities

Partner with Senior Traders to assist in and learn all facets of trading
Develop expertise in relative value market fundamentals, quantitative modeling, and risk management
Build and maintain quantitative model tools and analytics
Manage real-time execution of semi-automated trading system
Learn and analyze real-time trades
Research and improve upon trading strategies

Requirements

Bachelor’s, Master’s, or Doctorate degree in a technical or industry related field such as, but not limited to, mathematics, statistics or mathematical finance with a graduation date between December 2026 and Spring 2027
Required coursework: Differential Equations, Linear Algebra, Multivariable Calculus, Probability or Advanced Statistics
Minimum major GPA of 3.5/4 or equivalent scale
Proficiency in Python required and some experience with C++ and other computer programming languages preferred
Demonstrated passion for markets, finance, and trading such as, but not limited to personal trading, participation in trading competitions, attendance at firm discover days, industry related student groups or clubs and/or prior internship experience preferred
Deep understanding of finance, math, and statistics
Attention to detail and the ability to make sound judgments under pressure
Strong work ethic and willingness to do what it takes to get the job done
Ability to work in a fast paced and collaborative environment
This position requires physical presence and is onsite at our office in Chicago, IL

View our resources to help prepare for the interview process.

Benefits

We offer one of the most generous profit sharing programs in the industry because we believe our employees should be able to take part in our rapid growth and success. We are proud to offer more world-class benefits for our full-time employees and their families.

TransMarket Group is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, gender, sexual orientation, gender identity or expression, religion, national origin, marital status, age, disability, veteran status, genetic information, or any other protected status.

About Transmarketgroup

Transmarketgroup

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Frequently Asked Questions

How do I apply for the Junior Quantitative Trader position at Transmarketgroup?

Use the Apply button above to submit your application directly to Transmarketgroup. Most applications take less than 5 minutes if your resume and contact details are ready, and you'll be routed to the employer's official application system to finish.

Where is the Junior Quantitative Trader position at Transmarketgroup located?

This position is based in Chicago, Illinois. Transmarketgroup has not indicated remote or hybrid options for this role, so candidates should plan for on-site work.

What does a Junior Quantitative Trader at Transmarketgroup earn?

Transmarketgroup has not disclosed a salary range in this posting. Many employers share specifics later in the interview process; you can also ask during a recruiter screen if compensation transparency is important to you.

When was the Junior Quantitative Trader role at Transmarketgroup posted?

This role was posted on June 3, 2026 (36 days ago). It's still listed as actively hiring; we re-confirm openings against the source system multiple times per day and remove closed roles.

Is the Junior Quantitative Trader role at Transmarketgroup entry-level?

Yes. This is an entry-level position. Strong candidates typically have 0-2 years of relevant work experience, internships, or significant project work. Read the full description for any specific qualification requirements Transmarketgroup has listed.