At a Glance
- Tasks: Manage a discretionary options portfolio and develop trading strategies across global markets.
- Company: Join G-20 Group, a pioneer in Quantitative Trading with a startup mindset.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Other info: Work US hours from London or New York, with a focus on collaboration and teamwork.
- Why this job: Be at the forefront of financial markets and drive innovation in trading.
- Qualifications: Degree in Finance, Mathematics, or related field; strong options trading background required.
The predicted salary is between 50000 - 70000 £ per year.
The G-20 Group is a pioneer in Quantitative Trading systems in cross-asset markets. Headquartered in Switzerland, we operate at the intersection of Quantitative Research, Software Engineering and Trading. The team combines a startup mindset with extensive experience in proprietary Trading, Technology and Quantitative Finance.
As an Options Trader at G-20 Group, you will be responsible for managing a discretionary options portfolio across a number of asset classes. You will work with a team of traders, quantitative analysts, and developers to generate superior risk-adjusted returns for the firm. This role offers a unique opportunity to contribute to the growth of a highly successful trading firm in a fast-paced and dynamic environment.
Key Responsibilities
- Develop, implement, and optimize options trading strategies across global markets.
- Analyze market data and leverage quantitative models to identify profitable trading opportunities.
- Monitor and manage risk exposures, ensuring strategies align with risk management protocols.
- Collaborate with data scientists, quants, and other traders to refine and improve trading algorithms and strategies.
- Stay up-to-date on market trends, news, and economic events that could impact options prices and volatility.
- Execute trades and manage positions effectively, ensuring optimal execution and liquidity.
- Contribute to the continuous improvement of G-20 Group’s trading systems and technologies.
Willingness to work an adjusted schedule covering the US market (equivalent to 1pm-10pm UK hours) and some weekend coverage as required.
Requirements
- Degree in Finance, Mathematics, Physics, Computer Science, Engineering, or a related field from a top-tier university.
- Strong background in options trading with a solid understanding of the options market and strategies.
- Proven track record of generating consistent profits (PnL >$2m for more than 3 years).
- Experience with quantitative trading and the ability to apply data analysis to trading decisions.
- Strong knowledge of financial markets, particularly options pricing, volatility, and risk management.
- Exceptional analytical and problem-solving skills with the ability to make quick, data-driven decisions.
- Excellent communication and teamwork skills, with the ability to collaborate effectively across teams.
- A results-driven, proactive, and self-motivated approach.
Preferred / Desirable Experience
- Proficiency in programming languages such as Python, C++, or similar (preferred).
This role can be based from our London or New York offices covering US Hours. Only candidates who possess the pre-existing right to work in London or the US without requiring 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.
Junior-Mid Options Trader (US Hours) in London 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.