At a Glance
- Tasks: Manage a proprietary trading book and generate actionable insights in the Indian options market.
- Company: Join Mako, a leading options market maker with a collaborative culture.
- Benefits: Enjoy flexible leave, hybrid working, and comprehensive health insurance.
- Other info: Inclusive environment with excellent career development opportunities.
- Why this job: Make an impact in trading while working with innovative quantitative tools.
- Qualifications: 2+ years in systematic trading and proficiency in Python or C++ required.
The predicted salary is between 50000 - 70000 £ per year.
At Mako, we believe in the power of collaboration to drive innovation in pursuit of our collective ambition; excellence in trading. Our diverse community is connected through a commitment to being the best we can be with the highest standards of integrity.
About the Role: We are seeking a highly motivated and analytical Options Trader to join our market-making team in Singapore, with a focus on Index and Stock Options in the Indian market. You will be responsible for managing a proprietary trading book, generating actionable insights, and using quantitative tools to drive results.
Key Responsibilities:
- Manage and optimise a proprietary trading book focused on Indian Index and Stock Options.
- Generate and implement trading ideas using both intuition and data-driven research.
- Analyse historical trading performance to improve strategies and execution.
- Monitor and manage risk exposures in real-time.
- Use quantitative tools to build hypotheses, design experiments, and backtest strategies.
Preferred Qualifications & Experience:
- 2+ years of systematic trading experience in options (Indian or other liquid Asian market is a plus).
- Experience of successfully designing and implementing trading strategies through quantitative research and market observation.
- Bachelor's or higher degree in a STEM discipline (e.g., Mathematics, Engineering, Physics, Computer Science).
- Proficiency in Python and/or C++.
- Strong quantitative and analytical skills; ability to interpret large datasets.
- Experience in mathematical/statistical modeling using a range of techniques.
- Self-starter capable of conducting independent research and driving projects.
- Excellent communication and collaboration skills.
- Passion for solving complex problems and delivering measurable results.
Not Sure You Meet Every Requirement? That’s okay. If you're a driven, curious problem-solver who’s excited by this opportunity, we encourage you to apply. We're building a well-rounded trading operation and are open to diverse profiles that add value to our Indian options strategy.
We are Mako. At Mako, we are welcoming, inclusive and collaborative. We work fast and smart in a supportive and dress-down environment that allows colleagues to be themselves and achieve great things. We uphold the principles of a flat structure that offers unrivalled engagement with senior leadership and career development opportunities. We have a comprehensive benefits package, including:
- Flexible leave and hybrid working policies.
- Private health and dental insurance.
- Employee wellbeing guidance and support.
- Opportunity to become involved in the rewarding work of the Mako foundation.
About Mako: Mako is a leading options market maker with a global trading footprint. It has been at the forefront of options market making since 1999, from the open outcry trading pits to screen trading and automated algorithmic execution strategies that are driving the future of the industry. From offices in London, Dublin, Amsterdam, Singapore, Sydney, Brisbane and Chengdu, Mako offers the best-in-class liquidity solutions across Equities, Fixed Income, Commodities and FX derivatives markets and prides itself in its entrepreneurial, collaborative and philanthropic culture.
If you require any reasonable adjustments or assistance during the recruitment process, please email hr@mako.com and we will arrange this.
Quantitative Options Trader - India in London employer: Mako
Contact Detail:
Mako Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Quantitative Options Trader - India in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream role.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios specific to options trading. We recommend doing mock interviews with friends or mentors to boost your confidence and refine your answers.
✨Tip Number 3
Showcase your skills! Create a portfolio of your trading strategies, analyses, and any quantitative tools you've developed. This will give potential employers a tangible sense of what you can bring to the table.
✨Tip Number 4
Don’t hesitate to apply through our website! We’re always on the lookout for passionate individuals who are eager to contribute to our team. Remember, even if you don’t meet every requirement, your enthusiasm and unique perspective could be just what we need.
We think you need these skills to ace Quantitative Options Trader - India in London
Some tips for your application 🫡
Show Your Passion: When writing your application, let your enthusiasm for trading and problem-solving shine through. We want to see that you're genuinely excited about the role and how you can contribute to our team at Mako.
Tailor Your CV: Make sure your CV highlights relevant experience in options trading and quantitative research. We love seeing how your background aligns with our needs, so don’t be shy about showcasing your skills and achievements!
Be Clear and Concise: Keep your application straightforward and to the point. We appreciate clarity, so avoid jargon and focus on what makes you a great fit for the Quantitative Options Trader role. Remember, less is often more!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re proactive and keen to join our team!
How to prepare for a job interview at Mako
✨Know Your Numbers
As a Quantitative Options Trader, you’ll need to be comfortable with data. Brush up on your quantitative skills and be ready to discuss how you've used data to inform your trading strategies. Prepare examples of past trades where your analysis made a difference.
✨Showcase Your Problem-Solving Skills
Mako values problem solvers, so come prepared with examples of complex problems you've tackled in trading. Think about how you’ve used quantitative tools to build hypotheses or backtest strategies, and be ready to explain your thought process.
✨Demonstrate Collaboration
Since Mako emphasises collaboration, think of instances where you worked effectively within a team. Be ready to discuss how you communicated your ideas and contributed to group success, especially in high-pressure situations.
✨Stay Current with Market Trends
Make sure you’re up-to-date with the latest trends in the Indian options market. Be prepared to discuss recent developments and how they might impact trading strategies. This shows your passion for the field and your proactive approach to learning.