At a Glance
- Tasks: Manage and optimise a precious metals options portfolio while collaborating with a dynamic team.
- Company: G-20 Group, a cutting-edge trading firm with a global presence.
- Benefits: Competitive salary, flexible work locations, and opportunities for professional growth.
- Other info: Work from Zurich, London, New York, or Hong Kong with a results-driven team.
- Why this job: Join a fast-paced environment and make a real impact in financial markets.
- Qualifications: Degree in Finance or related field and strong background in commodities trading.
The predicted salary is between 85500 - 104500 £ per year.
About G-20 G-20 Group is a cross-asset trading firm headquartered in Switzerland, trading delta-one and derivatives markets globally. We combine startup agility with institutional-grade experience in proprietary trading, technology, and quantitative finance.
Role Overview As a Gold and Precious Metals Options Trader at G-20, you will be responsible for managing and optimizing a discretionary precious metals options portfolio. You will collaborate with a team of traders, quantitative researchers, and developers to enhance pricing models, refine trading strategies, and drive superior risk-adjusted returns. This role offers a unique opportunity to contribute to G-20's continued expansion within a fast-paced and dynamic trading environment.
Key Responsibilities
- Develop, implement, and refine options trading strategies across precious metals (gold, silver, platinum, and palladium).
- Analyse market microstructure, order flow, and volatility dynamics (including skew, term structure, and implied vs. realized volatility) to identify and capitalize on trading opportunities.
- Collaborate with quantitative analysts and developers to improve options pricing models, hedging algorithms, and execution tools.
- Maintain strong awareness of central bank policy, real yields, US dollar strength, inflation data, central bank gold reserves, and safe-haven demand dynamics that influence precious metals and volatility markets.
- Execute trades with precision across listed and OTC precious metals options, futures, and physical/spot markets, ensuring best execution and liquidity management.
- Manage portfolio Greeks (delta, gamma, vega, theta) and adjust hedges dynamically in response to changing market conditions, including around key macro data releases, central bank meetings, and geopolitical events.
- Contribute to the continuous enhancement of G-20's trading infrastructure, data pipelines, and analytical frameworks.
- Monitor portfolio performance and risk metrics, providing regular feedback on strategy effectiveness and market impact.
Qualifications
- Degree in Finance, Mathematics, Physics, Computer Science, Engineering, or a related field from a top-tier university.
- Strong background in commodities/precious metals options trading with a solid understanding of options pricing theory, volatility trading, and relevant strategies.
- Experience in high volatility asset classes and leveraged trading is essential.
- Proven track record of generating consistent profits (PnL>$2m annually for more than 3 years).
- Experience with quantitative trading and the ability to apply data analysis to trading decisions.
- Exceptional analytical and problem-solving abilities, capable of making quick, data-driven decisions.
- Excellent communication and collaboration skills, with the ability to collaborate effectively across teams.
- Demonstration of a results-driven, proactive, and self-motivated approach.
Preferred / Desirable Experience
- Experience in a proprietary trading, market-making, or hedge fund environment.
- Familiarity with automation and algorithmic execution strategies for options.
- Proficiency with trading and analytical tools (e.g. Python, Excel/VBA, SQL).
Right to work: This role can be based out of our Zurich, London, New York or Hong Kong office. Only candidates who possess the pre-existing right to work in one of the locations above without company sponsorship need apply.
Join G-20 Group and be a part of a team that is at the forefront of financial markets, driving innovation and excellence in the sector.
Gold and Precious Metals Options Trader employer: G-20 Group
G-20 Group is an exceptional employer, offering a vibrant work culture that thrives on collaboration and innovation in the heart of London or New York. With a strong focus on employee growth, we provide ample opportunities for professional development and mentorship, ensuring that our team members are equipped to excel in the fast-paced world of options trading. Join us to be part of a dynamic environment where your contributions directly impact our success and where you can enjoy the unique advantages of working in two of the world's leading financial hubs.
