At a Glance
- Tasks: Develop and improve systematic options market-making strategies in a fast-paced environment.
- Company: Join GSR, a leading partner in the crypto capital markets.
- Benefits: Enjoy healthcare, 30 days holiday, free lunches, and hybrid working options.
- Other info: Collaborative culture with great career growth and social responsibility initiatives.
- Why this job: Make a real impact in the exciting world of cryptocurrency trading.
- Qualifications: Strong programming skills and a solid understanding of options and market dynamics.
The predicted salary is between 36000 - 60000 £ per year.
About Us
GSR is crypto’s capital markets partner, helping founders and institutions scale with confidence. With over a decade of specialized expertise, we deliver institutional-grade market making, OTC trading, and strategic venture capital to support growth at every stage. Our value goes beyond execution. We provide access to liquidity, real-time market intelligence, and strategic guidance shaped by years operating at the center of global crypto markets. We bridge the gap between traditional finance and digital assets, connecting teams with the capital, market access, and insights they need to build what’s next.
About the Role
We are looking for a Systematic Options Researcher / Trader to join our Cryptocurrency Options Market Making team. This role focuses on the research, development, and deployment of systematic strategies for pricing, quoting, and risk management in options markets. You will operate at the intersection of quantitative research, real‑time trading systems, and production strategy deployment – contributing directly to live trading performance in highly competitive markets. This role is suited for someone with strong quantitative intuition, deep options knowledge, and solid engineering capabilities.
Responsibilities
- Develop and improve systematic options market‑making strategies.
- Design and calibrate volatility models, skew models, and surface construction frameworks.
- Research and implement pricing models for vanilla and multi‑leg options strategies.
- Design and evaluate delta, gamma, and vega hedging frameworks.
- Build robust backtesting tools and simulation environments for options strategies.
- Analyze trading performance and identify opportunities for improvement.
- Collaborate closely with developers to deploy research into production systems.
- Monitor live strategies and iterate quickly in response to market behaviour.
Technical Skills
- Strong programming skills in Python (research, prototyping, data analysis) and C/C++ or Rust (performance‑critical production systems).
- Experience working with real‑time trading systems.
- Strong foundation in probability, statistics, and stochastic processes.
- Experience with volatility modelling and options pricing.
- Ability to work with large datasets and build scalable research pipelines.
Quantitative Background
- Strong understanding of Black–Scholes and advanced pricing frameworks, volatility surfaces and skew dynamics, Greeks and risk management, and market microstructure.
- Prior experience in systematic trading or market making is highly preferred.
What We Offer
- A collaborative and transparent company culture founded on Integrity, Innovation, and Performance.
- Benefits including healthcare, dental, vision, retirement planning, 30 days of holiday, and free lunches when in the office.
- Hybrid working pattern across our global offices in London, the US, Singapore, Zug, and Malaga.
- Regular Town Halls, team lunches, offsites, and social events.
- A strong Corporate and Social Responsibility program, including charity matching and volunteer days.
- Immigration and relocation support where required.
Equal Opportunity Statement
GSR is proudly an Equal Employment Opportunity employer. We do not discriminate based on any legally protected characteristics such as race, religion, colour, national origin, sexual orientation, gender, gender identity, gender expression, or age. We operate as a meritocracy — all aspects of hiring, promotion, and performance management are based on business needs and individual merit and competence.
Systematic Options Researcher / Trader (Market Making) employer: GSR Markets
GSR is an exceptional employer, offering a dynamic and collaborative work environment that fosters innovation and integrity. With a strong focus on employee growth, we provide comprehensive benefits including healthcare, generous holiday allowances, and opportunities for professional development in the rapidly evolving crypto market. Our hybrid working model across global offices ensures flexibility while maintaining a vibrant company culture enriched by regular team events and a commitment to social responsibility.
StudySmarter Expert Advice🤫
We think this is how you could land Systematic Options Researcher / Trader (Market Making)
✨Tip Number 1
Network like a pro! Reach out to folks in the crypto and trading space on LinkedIn or at industry events. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Show off your skills! If you’ve got some cool projects or research under your belt, don’t hesitate to share them. Create a portfolio or GitHub repo to showcase your coding chops and trading strategies.
✨Tip Number 3
Prepare for the interview like it’s the Super Bowl! Brush up on your options knowledge and be ready to discuss your thought process on market-making strategies. We love seeing how you think!
✨Tip Number 4
Apply through our website! It’s the best way to get noticed by us. Plus, we’re always on the lookout for passionate candidates who want to make an impact in the crypto world.
We think you need these skills to ace Systematic Options Researcher / Trader (Market Making)
Some tips for your application 🫡
Show Your Quantitative Skills:Make sure to highlight your quantitative background in your application. We want to see your strong understanding of pricing frameworks and risk management, so don’t hold back on showcasing your expertise!
Tailor Your Application:Take the time to tailor your CV and cover letter to the role. Mention specific experiences that relate to systematic trading or market making. We love seeing how your unique skills can contribute to our team!
Be Clear and Concise:When writing your application, keep it clear and concise. We appreciate straightforward communication, so avoid jargon unless it’s relevant to the role. Make it easy for us to see why you’re a great fit!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at GSR Markets
✨Know Your Options Inside Out
Make sure you brush up on your options knowledge before the interview. Understand key concepts like Black-Scholes, volatility models, and Greeks. Being able to discuss these topics confidently will show that you're serious about the role.
✨Show Off Your Coding Skills
Since strong programming skills in Python and C/C++ or Rust are crucial, be prepared to discuss your past projects or even solve coding problems during the interview. Practising coding challenges beforehand can really help you shine.
✨Demonstrate Your Quantitative Intuition
Be ready to showcase your understanding of probability, statistics, and stochastic processes. You might be asked to solve real-world problems or case studies, so think through how you would approach these scenarios.
✨Prepare Questions About Market Making
Have insightful questions ready about GSR's market-making strategies and how they adapt to market behaviour. This shows your genuine interest in the company and the role, plus it gives you a chance to engage with the interviewers.
