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Akuna Capital

Junior Quantitative Researcher - Prediction Markets

Akuna Capital · office · junior · full-time · $145000–$145000 USD
aifintechtech PythonC++Linear AlgebraNumerical MethodsStatisticsOptimizationMachine Learning
8.2
AI Score
The vacancy is well-structured, providing clear expectations and compensation details, though some areas could use more depth.
Job description
**About Akuna:** Akuna Capital is an innovative trading firm with a strong focus on collaboration, cutting-edge technology, data driven solutions, and automation. We specialize in providing liquidity as an options market-maker – meaning we are committed to providing competitive quotes that we are willing to both buy and sell. To do this successfully, we design and implement our own low latency technologies, trading strategies, and mathematical models. Our Founding Partners first conceptualized Akuna in their hometown of Sydney. They opened the firm’s first office in 2011 in the heart of the derivatives industry and the options capital of the world – Chicago. Today, Akuna is proud to operate from additional offices in Sydney, Shanghai, London, and Singapore.
Responsibilities
In this role you will: - Design and develop data capture pipelines to enable the pricing of a variety of sports contracts (match outcomes, player props, in-game events) - Develop and calibrate pricing models using historical data in service of in-play quoting of sports contracts. - Build and maintain internal tooling to facilitate all aspects of the research pipeline - Work closely with trading and development to deploy models into production trading strategies, bridging the gap from research to production with an ownership mentality.
Requirements
### Qualities that make great candidates: - Bachelor’s, Master’s, or PhD degree in a technical field, such as Engineering, Computer Science, Mathematics, or Physics (or a related subject) - Proficient programming skills in Python (C++ is a plus) - Deep understanding of fields such as Linear Algebra, Numerical Methods, Statistics, Optimization, and Machine Learning - Strong interest in sports and quantitative modeling. We are especially interested in high agency individuals who are keenly interested in sports and prediction markets. Previous experience at a trading firm is valued but not necessary.
Conditions
***In addition to technical skillsets, Akuna values the unique perspectives people can bring to the table to collaboratively solve complex problems and drive Akuna forward. We want everyone to feel empowered to apply. We welcome your application and encourage you to take the first steps toward your future with us!*** *In accordance with Illinois Equal Pay Act, the minimum base salary starts at $145,000. Exact compensation offered may vary based on many factors including, but not limited to, the candidate’s experience, qualifications, and skill set. This role is also eligible for a discretionary performance bonus as part of the total compensation package and includes a comprehensive benefits package that may encompass employer-paid medical, dental, vision, retirement contributions, paid time off, and other benefits. The minimum base salary herein was determined in good faith by Akuna Capital LLC.*
About Akuna Capital
Akuna Capital is an American proprietary trading firm specializing in options market making, providing liquidity through competitive buy and sell quotes using proprietary low-latency technologies, trading strategies, and mathematical models. It operates with its own capital, has no clients or external investors, and focuses on collaboration across technology, trading, quant, and operations departments. Founded by partners from Sydney, it emphasizes innovation in derivatives trading.
FinTech · 200-1000 · Chicago, United States · Founded 2011 · https://akunacapital.com/
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