{"id":703733,"url":"https://alion.io/job/edgehogtrading-quantitative-researcher","title":"Quantitative Researcher","company":{"id":673450,"name":"Edgehogtrading","domain":"edgehogtrading.com","url":"https://alion.io/company/edgehogtrading","size_band":"11-50","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Rippling","truth_index":{"grade":"B","score":75,"open_postings":3,"ghost_share":0,"stale_share":1,"repost_share":0,"time_to_fill_p50_days":null,"computed_at":"2026-10-27T05:46:45Z"}},"role":"Data Science","role_family":"Data Science","seniority":"junior","employment_type":"full_time","work_mode":"on_site","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"structured","locations":["Chicago, United States"],"countries":["US"],"hiring_countries":[],"hiring_countries_total":0,"salary":{"min":120000,"max":175000,"currency":"USD","period":"year","gross":null,"usd_annual":175000},"salary_estimate":null,"experience_years_min":1,"visa_sponsorship":false,"relocation_package":false,"has_equity":false,"technologies":[{"name":"Machine Learning","optional":false},{"name":"NumPy","optional":false},{"name":"Python","optional":false},{"name":"SciPy","optional":false}],"status":"live","first_seen_at":"2026-07-01T18:17:52Z","employer_posted_date":"2026-07-01","last_verified_at":"2026-10-27T16:47:15Z","board_verified":true,"closed_at":null,"days_open":118,"trust":{"level":"stale","repost_count":0,"flags":["stale"],"days_open":117},"description":"About us\nEdgehog Trading is a proprietary trading firm specializing in electronic options market making. We take a technology-driven approach, designing and operating automated, scalable systems to provide liquidity across markets.\nOur team spans trading, engineering, and business operations, working together to build and support the systems that power the firm. We emphasize data-driven decision making, rigorous problem solving, and continuous improvement to navigate complex and evolving markets.\nWe operate in a highly collaborative environment where ideas can move quickly from concept to implementation, and where individuals are empowered to take ownership and contribute directly to the firm’s growth.\n What you'll do:\nConduct signal, alpha, and feature research to develop models that improve trading strategy performance\nDesign, backtest, and iterate on quantitative trading models from ideation through production deployment\nAnalyze market microstructure, execution quality, and options pricing dynamics to identify new research directions\nCollaborate closely with traders and engineers to translate research findings into live trading systems\nUse AI tools actively throughout your research workflow - from exploring datasets and generating hypotheses to accelerating code and stress-testing model assumptions\nContribute to research infrastructure: data pipelines, evaluation frameworks, and reproducibility tooling\nQualifications and skills:\nBS, MS, or PhD in a quantitative field - Mathematics, Statistics, Physics, Computer Science, Financial Engineering, or similar\n1-3 years of research or industry experience in quantitative finance, systematic trading, or applied ML / data science\nStrong programming skills in Python; comfort with numerical libraries (NumPy, pandas, SciPy) and data analysis at scale\nSolid foundation in probability, statistics, and machine learning\nAbility to think rigorously about model assumptions, overfitting risks, and out-of-sample validation\nComfort with AI-assisted development: you actively use LLMs and other AI tools to move faster, think more clearly, and build better\nGenuine curiosity about markets, trading, and how quantitative systems interact with real-world price dynamics\nCandidates from data science or applied ML backgrounds are welcome - strong modeling instincts and statistical rigor matter more to us than prior finance experience\nWhy Edgehog:\nSmall team advantage: Direct access to founders and senior team members from day one\nOwnership early: Manage real P&L and make meaningful impact within your first year\nCutting-edge tech: Work with our proprietary models and low-latency trading systems built in-house\nTight feedback loops: Weekly 1-on-1s with your mentor, quarterly reviews with leadership\nChicago-based: Affordable cost of living, vibrant trading community\nBenefits:\nComprehensive health, dental, and vision insurance with premiums 100% covered by the firm\n401(k) with a 4% company match\nUnlimited paid time off and sick leave\nFree lunch, coffee, drinks, and snacks\nCommuter benefits\nMonthly happy hours and annual team events\nThe base salary range for this position is listed below. Base salary represents just one part of overall compensation; all full-time, permanent roles are eligible for a discretionary bonus and benefits, including items in the above list.\nThe base salary for this role is 120,000 - 175,000 USD per year","description_format":"text","description_chars":3405,"description_truncated":false,"requirements":{"experience_years_min":1,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":{"level":"bachelor","optional":false},"security_clearance":false,"languages":[]},"benefits":["Vision insurance"],"hiring_locations":[],"hiring_excludes":[],"relocation_offered":false,"industries":["Hedge Funds & Alternative Investments"],"lifecycle":[{"event":"open","at":"2026-09-11T03:27:10Z"}],"visa":[],"liveness":{"score":5,"band":"cold","label":"Long shot","p_open":1,"p_active":0.188,"p_room":0.28,"age_days":117,"expected_fill_days":24,"reasons":["conf:2","win:tail","crowd:junior"],"computed_at":"2026-10-27T05:46:45Z"},"pay":{"stated_usd_annual":175000,"is_top_pay":true},"html_url":"https://alion.io/job/edgehogtrading-quantitative-researcher","json_url":"https://alion.io/job/edgehogtrading-quantitative-researcher.json","meta":{"generated_at":"2026-10-27T20:01:11Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers","about":"Alion is a live layer of people, companies and AI agents: who they are, whether they are real and active right now, what they do and how to work with them, readable by people and by agents and paid per call.","catalog":"https://alion.io/catalog.json","usage":{"tier":"crawler_verified","counted_by":"address","units_charged":1,"used_today":10911,"day_limit":null,"remaining_today":null,"minute_limit":300,"resets_at":"2026-10-28T00:00:00Z"}},"offers":[{"id":"company.slices","title":"One company in depth, by slice","status":"live","price":{"credits":0.02,"usd":0.002,"plus_per_slice":{"credits":0.05,"usd":0.005}},"unit":"per company, plus each slice with data","note":"the employer in depth","call":{"mcp_tool":"get_company","arguments":{"id":673450},"rest":"https://alion.io/mcp/rest/get_company?id=673450"},"human":"https://alion.io/catalog?offer=company.slices&for=job%2Fedgehogtrading-quantitative-researcher"},{"id":"market.stats","title":"A market slice: pay, demand and time to fill","status":"live","price":{"credits":1,"usd":0.1},"unit":"per slice","note":"pay, demand and time to fill for this role and place","call":{"mcp_tool":"market_stats"},"human":"https://alion.io/catalog?offer=market.stats&for=job%2Fedgehogtrading-quantitative-researcher"},{"id":"job.search","title":"Open jobs by role, technology, place, pay and visa","status":"live","price":{"credits":0.02,"usd":0.002},"unit":"per posting in a list","note":"similar open postings","call":{"mcp_tool":"search_jobs"},"human":"https://alion.io/catalog?offer=job.search&for=job%2Fedgehogtrading-quantitative-researcher"},{"id":"company.verify","title":"Is this company real and active right now","status":"pilot","price":null,"unit":"per company","request":{"url":"https://alion.io/catalog/request","method":"POST","body":"{\"offer\": \"company.verify\", \"for\": \"job/edgehogtrading-quantitative-researcher\", \"note\": \"what you need it for\"}"},"human":"https://alion.io/catalog?offer=company.verify&for=job%2Fedgehogtrading-quantitative-researcher"}]}