Careers
Team Belvedere
Me In Team
Own It
Iterative Innovation
Passionate Discourse
Team Belvedere Me In Team Own It Iterative Innovation Passionate Discourse
Experienced
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Junior Traders
Junior Quantitative Trading Analysts
Software Engineers
Quantitative Researcher
… and many more!
Belvedere Trading combines world-class training programs, a culture of mentorship, and sophisticated theoretical models with the collective experience of its partners and team members. This support network, combined with a commitment to excellence, produces an ideal environment for creating successful traders and technology innovators. We believe that the continued success of our firm depends upon the ongoing education of our team members, the perpetual integration of our cutting edge technology, and the implementation of our unique trading strategies. Belvedere is always looking for exceptionally talented individuals that have a strong desire to succeed in the fast paced, ever changing trading industry for both internship and full-time careers.
Our programs, both at the full-time and internship level, build on a foundation laid by our Belvedere Trading University education and Mentorship program, ensuring mastery early on in a teammate's tenure. Low levels of turnover reinforce the emphasis placed on culture and satisfaction, further solidifying Belvedere’s team based approach to trading and development.
Recruitment processes for both full-time and summer internship positions begin annually in late summer. Full-time hires will join the team mid-summer following graduation and intern hires will start their 10-week internship the following June.
Quantitative Researcher
Quantitative Researchers use quantitative models to engage in economic analysis and employ large data sets to assess the trading markets. As a part of our quantitative research analyst group, our quants develop, validate and implement these strategies by applying econometrics, statistics, and stochastic modeling techniques to financial data.
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Responsible for option modeling for multiple products such as indices, commodities, and equities.
Understand and work on issues ranging from methodology and technology questions to new functionality, features, and enhancement requests to meet present and future business needs and requirements.
Research and interpret academic literature on related subjects.
Generate ideas for quantitative strategies related to market effects, market microstructure, and other subtle marketplace changes.
Develop, validate, and implement these strategies by applying econometrics, statistics, and stochastic modeling techniques to the financial data.
Software Engineers
Software Engineers develop and enhance our proprietary trading software platforms that our traders use every day. Our engineers participate in all aspects of the software development lifecycle, from system architecture and design to testing to deployment using a fast-paced, agile methodology. Working in a collaborative, small team environment encourages constant learning and innovation at every level from entry-level positions to the CTO.
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Design, implement, and debug complex trading applications.
Work with team members to ensure that our software meets requirements and is testable.
Rotate bi-annually across technology teams to gain exposure to different facets of our software and hone new skills as a developer.
Coordinate with Product Managers and Team Leads to plan sprints within our scrum-derived agile environment.
Junior Quantitative Trading Analysts
Junior Quantitative Trading Analysts are assigned to specific tech and trading desks during their first 18-24 months on a rotational basis and are expected to quickly learn the critical aspects of option pricing both in terms of risk and how our technology works. Throughout the rotational period, we work with our JQTAs to customize their experience, eventually leading to a permanent role as a Quantitative Trader, Quantitative Researcher, or Quantitative Developer.
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Engage in continuous, hands-on training that includes education on option valuation, game theory, hedging, portfolio analysis, and simulated trading games through our Belvedere Trading University Program.
Assist with order execution, position management, desk strategy meetings, trade checking, and trade reconciliations.
Rotate between trading and technology desks to gain an in-depth perspective of the marketplace and our technologies.
Communicate with technology team members to enhance trading software.
Learn the basics of designing, implementing, and testing enterprise software.
Develop strong architecture and development skills.
Lead and participate in special projects that enhance trader-facing technologies.
Junior Traders
Junior Traders work alongside experienced traders and managing partners to develop critical communication and decision-making skills to help contribute to our trading operations, whilst gaining valuable experience with several product groups. Through these experiences we see Junior Traders transition into Trader roles between 9 and 12 months.
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Engage in continuous, hands-on training that includes education on option valuation, hedging, portfolio analysis, and mock trading through our Belvedere Trading University Program.
Assist with order execution, position management, trading checking, and trade reconciliations.
Rotate between product groups to gain a broad perspective of the marketplace.
Communicate with technology team members to enhance trading software.
Chicago’s Best Places to Work
Belvedere Trading is proud to be one of Built In’s Best Places to Work!
Team Belvedere took awards for one of the Best Midsize Companies to Work For and one of the Best Chicago Companies to Work For!
Read more here.
Internships & Entry-Level
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Immersive trading desk rotations on commodity and index products with weekly on-desk assignments.
Full BTU schedule including coursework in Trading Operations Basics, Core Theory, Applications, and Mock Trading.
Team based research project with opportunity to present findings to Managing Partners and Senior Traders.
Participation in highly competitive Intern Olympics event with the full trading intern class.
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Immersive trading desk rotation on commodity or index product with weekly on-desk assignments.
Technology rotation to work on a Hybrid team-based quantitative research project.
Full BTU schedule including coursework in both trading and technology course sequences.
Participation in highly competitive Intern Olympics event with the full trading intern class.
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Well isolated development project that will be pushed into production by the conclusion of the internship.
Direct interaction with experienced developers through daily stand-up meetings, project work, and periodic design meetings.
Full BTU schedule including coursework in software development concepts, Belvedere’s systems, and Core Theory for Tech.
Participation in highly competitive Intern Olympics event with full Software Engineer intern class.
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Responsible for option modeling for multiple products such as indices, commodities, and equities.
Understand and work on issues ranging from methodology and technology questions to new functionality, features, and enhancement requests to meet present and future business needs and requirements.
Research and interpret academic literature on related subjects.
Generate ideas for quantitative strategies related to market effects, market microstructure, and other subtle marketplace changes.
Develop, validate, and implement these strategies by applying econometrics, statistics, and stochastic modeling techniques to the financial data.
Our internship programs provide a 10-week deep dive into what life looks like as a full-time member of Team Belvedere, including the type of projects interns work on. We don’t believe in “busy work” at Belvedere and provide our interns with meaningful learning experiences that are mutually beneficial. We believe that great ideas can come from anywhere and anyone so we encourage all of our interns, as well as full-time teammates, to take a passionate interest in promoting, within their team environment, those solutions they feel strongly about. Through a mid-term and final review process that mirrors our mid-year and year-end reviews on the full-time level, we proactively track intern feedback and performance with the intention that, if a mutual fit exists, our interns will join us the next year as full-time team members.
We model our programs to include similar components across positions that are carefully tailored to the individual role as well as the current needs of the firm. The main components of our program are our intern’s week-to-week experiences and a project portion.
Throughout this 10-week process, interns get to meet full-time team members firm-wide that work with many different elements of our business and systems. The training that interns go through is similar to the early stages of the new-hire on-boarding process, and proves to be an advantage to interns who come and join us full-time. As the internship goes on, the day-to-day experience shifts away from BTU and towards working towards each group’s respective project milestones.
Project specifications, including research topics and programming languages used, have varied from year to year, but three themes remain: interns are given a good deal of responsibility throughout the internship, interns receive ample guidance and mentorship throughout the process, and interns are treated as important, valued members of Team Belvedere. Working at Belvedere is a fun, collaborative experience, and full-time teammates are very willing to get to know each intern class and provide help whenever possible.
In addition to meaningful work, interns also enjoy a host of benefits in addition to salary and a discretionary bonus, including, summer housing assistance, intern specific and firm-wide events, a free Divvy Bike membership, and access to our in-office perks.
Open Positions