Options Quant Researcher

Responsibilities

• Own end-to-end options strategy research, including hypothesis generation, modeling, backtesting, and live monitoring.
• Build and own a unified volatility fitter to calibrate arbitrage-free, temporally stable surfaces (e.g., SVI/SSVI).
• Develop Relative Value, Statistical Arbitrage, and Spread Trading strategies (Index vol, calendar spreads, skew arbitrage, and dispersion).
• Translate strategy outputs into execution by routing target delta-orders across option legs to minimize Greek risk.
• Design robust signal research pipelines and develop realistic backtest frameworks accounting for slippage, latency, and market impact.
• Maintain mid-frequency (MFT) automated strategies with a focus on live performance and risk-adjusted returns.

Requirements

• Proficiency in Python and strong experience with NumPy, pandas, matplotlib, and SciPy.
• Hands-on experience developing Relative Value and systematic strategies in TradFi markets (equities, futures, or options).
• Deep knowledge of option mathematics and strong options intuition.
• Experience with research engineering, including clean code, reproducible experiments, and production readiness.
• Proven track record of deploying automated strategies with strong risk-adjusted performance (Sharpe > 2).

Preferred Qualifications

• Experience with execution-aware modeling or working closely with low-latency HFT teams.
• Practical experience applying Machine Learning or Deep Learning (PyTorch, TensorFlow, LightGBM) to trading.
• Experience trading exchange-margined derivatives (e.g., CME, Eurex, NSE) and optimizing return-on-margin.
• Direct experience in cross-instrument arbitrage involving spot, futures, and options.

Benefits

• Fully remote work environment with a flexible schedule.
• Opportunities for professional growth in a modern, international technology company.
• Compensation for health insurance, sports activities, and non-professional training.

About the Company

BHFT is a proprietary algorithmic trading firm that manages the full trading cycle, from software development to strategy coding. We trade a broad range of asset classes using both High-Frequency (HFT) and Medium-Frequency (MFT) approaches. We are a 100% remote organization with a global team of over 200 professionals.