Lead Quantitative Analyst

Department: Market Regulation

Location: Chicago, IL

Travel Requirements: N/A

Job ID:  267

NFA is committed to creating an exceptional work environment. Learn from staff how NFA fosters a culture of diversity, ongoing learning and development, and work-life balance.


Description: The Lead Quantitative Analyst will work to develop production-ready systems that will support the surveillance activity of NFA's Market Regulation department and participate in the reporting of quality assurance (QA) initiatives to ensure regulatory data reports are accurate.


  • Lead projects and review work of others relating to quantitative development and technical analysis of multiple projects.
  • Participate in the creation of systematic solutions to various regulatory requests in a timely manner.
  • Help oversee the formal software development lifecycle process for systems to provide input and feedback from an implementation standpoint.
  • Seek and implement opportunities to automate QA tasks and procedures.
  • Lead system initiatives and provide project management oversight and direction.
  • Lead project coordination with IT staff and report updates to Market Regulation's senior management.
  • Identify strategic initiatives and help coordinate efforts in the implementation of approved technological and systematic solutions.
  • Assist in creating both quantitative and qualitative systematic measures to facilitate in the goal of accurate reporting of regulatory data by clients.


  • At least 5 years' of hands-on practical experience in developing software (Python, C++, Java, Matlab, SQL, Tableau)
  • Experience in Excel (VBA) a plus
  • Experience in project management techniques and tools (Microsoft Project)
  • Experience in source control
  • Experience in object-oriented design
  • Experience test-driven development
  • Understanding of finance concepts (options, derivatives, interest rate swaps, credit default swaps)
  • Familiarity and comfortability with formal software development lifecycle process
  • Knowledge of or ability to conduct derivative pricing a plus
  • Strong analytical mindset and problem-solving skills
  • Experience managing teams

NFA is the industrywide, self-regulatory organization for the U.S. derivatives industry. NFA strives every day to safeguard the integrity of the derivatives markets, protect investors and ensure Members meet their regulatory responsibilities.


NFA offers a generous and flexible benefits package that allows employees to balance work and life.

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