Following his junior year in college, he worked at Fermilab with Myron Campbell and Bruce Denby; he developed a neural network to find b-quark jets.
[8] Chriss's first academic job (1993–1994) was at the University of Toronto, where he wrote "Representation Theory and Complex Geometry" with Ginzburg.
At the Institute for Advanced Study in 1994–1995, Chriss began the book "Black–Scholes and Beyond: Option Pricing Models" (Irwin, 1996).
In 1994, Derman and Kani published a paper[9] that showed how to fit a binomial tree to price all options trading in the market at that time.
In 2000, Chriss left Goldman Sachs to found ICor Brokerage Inc., a derivatives trading firm.
[20] At Courant from 1997 to 2003, Chriss recruited Jim Gatheral, Steve Allen, Peter Fraenkel (now head of Quantitative IT at UBS) and Nassim Taleb.
In 2003, Chriss joined the Stamford, Connecticut hedge fund SAC Capital, working there until early 2007.
Nigel Goldenfeld, a professor of physics at University of Illinois, recommends Chriss's book Black–Scholes and Beyond to those of his students "contemplating a career in quantitative finance", as giving an "Excellent overview of modern day finance, financial models, and their shortcomings.