Quant Trader - Equity Options in London
Quant Trader - Equity Options

Quant Trader - Equity Options in London

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
Maven Securities

At a Glance

  • Tasks: Join our team to analyse market flows and identify trading opportunities in equity options.
  • Company: Maven, a leading proprietary trading firm with a collaborative culture.
  • Benefits: Competitive salary, annual bonuses, private healthcare, and enhanced leave.
  • Other info: Enjoy a vibrant workplace with on-site gym, catered meals, and monthly social events.
  • Why this job: Make a real impact in a fast-paced trading environment while developing your skills.
  • Qualifications: 2-5 years in US equity options trading or quantitative research; Python and SQL skills preferred.

The predicted salary is between 43200 - 72000 £ per year.

Maven is a market-leading, employee-owned proprietary trading firm deploying internal capital across discretionary, systematic, and market-making strategies. We differentiate ourselves by exclusively managing our own capital, delivering exceptional returns on equity since inception, and preserving an entrepreneurial, highly collaborative culture.

We are looking for an ambitious and proactive Equity Options Quant Trader to join our Vol Alpha Trading Team. This is a full-cycle quant trader position within a semi-systematic desk that specialises in statistical arbitrage relative value volatility, flow-aware volatility position taking, and opportunistic dispersion trades across global equity volatilities, with a current emphasis on US equity options.

The team runs an investment operation focusing on informed position taking combining statistical information and market flows observations. The successful candidate will play a key role in the desk's day to day operation and future evolution as it expands its volatility strategies set as well as broader operation capabilities across products.

The role will suit candidates with quantitative research or trading experience as part of a large volatility desk who want to transition into a more hands-on buy side risk-taking role which deploys statistical methods to extract alpha while having full understanding on what is driving an alpha's performance. The successful candidate will experience an end-to-end investment process from market intuition, alpha discovery, to trade execution, which translates to a potential heavy contribution to the desk's success and take meaningful ownership in PnL.

Responsibilities

  • Monitor and rationalise market flow to identify pricing dislocations
  • Analyse and interpret other market participants' positionings to identify trading opportunities
  • Conduct research and backtests on pricing and structuring volatility curve, term structure, relative value and dispersion trades
  • Contribute to new alpha discovery through a combination of market dynamics observations and quantitative research toolings
  • Active participation in trading and risk-managing an extensive equity options portfolio as part of a team
  • Active participation in the desk's future build-out into a bigger set of alpha and systematic strategies
  • Full end-to-end investment cycle from intuition, research, to execution
  • Collaboration with infrastructure and development teams to optimise electronic trading execution and minimise dependencies

Candidate Specifications

  • 2–5 years' experience in US equity options quantitative research or trading. Experience from a major vol desk is a plus (bank, or multi-strategy hedge fund preferred)
  • Strong understanding of options markets, volatility, and equity derivatives
  • Exposure to or strong interest in volatility relative value, volatility carry, term structure and path, or dispersion strategies
  • Commercial trading mindset with appetite for risk ownership and strategy responsibility
  • Strong interest and ability to operate in a fast-moving, opportunistic trading environment
  • Strong analytical skills and research capabilities
  • Familiarity with Python and SQL or similar programming and database languages

What We Offer

  • A fast-growing global firm with plenty of opportunities where you will have a significant impact
  • Competitive compensation package
  • Annual discretionary bonus
  • Group pension plan
  • Enhanced annual leave allowance after 2+ years' service
  • 25 days' annual leave (plus public holidays)
  • Fully catered breakfast, lunch, and snacks prepared by an in-house chef
  • Private healthcare and life assurance
  • On-site private gym with instructor-led classes including boxing, yoga, and more
  • Monthly company events and social activities

Quant Trader - Equity Options in London employer: Maven Securities

Maven is an exceptional employer for Quant Traders, offering a dynamic and collaborative work environment where employees are empowered to take ownership of their roles. With a strong focus on employee well-being, the firm provides competitive compensation, generous annual leave, and unique perks such as in-house catering and a private gym. As a rapidly growing proprietary trading firm, Maven fosters professional growth and innovation, making it an ideal place for ambitious individuals looking to make a meaningful impact in the world of equity options trading.
Maven Securities

Contact Detail:

Maven Securities Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Quant Trader - Equity Options in London

✨Tip Number 1

Network like a pro! Reach out to current or former employees at Maven through LinkedIn. A friendly chat can give you insider info and might just get your foot in the door.

✨Tip Number 2

Show off your skills! Prepare a portfolio of your quantitative research or trading strategies. Bring it along to interviews to demonstrate your hands-on experience and analytical prowess.

✨Tip Number 3

Stay updated on market trends! Follow financial news and be ready to discuss recent developments in equity options during your interviews. It shows you're proactive and passionate about the field.

✨Tip Number 4

Apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team.

We think you need these skills to ace Quant Trader - Equity Options in London

Quantitative Research
Equity Options Trading
Statistical Arbitrage
Volatility Analysis
Market Flow Analysis
Backtesting
Risk Management
Python
SQL
Data Interpretation
Alpha Discovery
Collaboration
Commercial Trading Mindset
Analytical Skills

Some tips for your application 🫡

Show Your Quant Skills: When you're writing your application, make sure to highlight your quantitative research or trading experience. We want to see how you've used statistical methods in real-world scenarios, especially in the context of equity options.

Be Specific About Your Experience: Don't just list your previous roles; dive into the specifics of what you did. Talk about your involvement in market flow analysis, backtesting, and any successful trades you've executed. This helps us understand your hands-on experience.

Demonstrate Your Passion for Trading: Let your enthusiasm for trading shine through! Share examples of how you've kept up with market trends or how you've contributed to alpha discovery. We love candidates who are proactive and eager to learn.

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 serious about joining our team!

How to prepare for a job interview at Maven Securities

✨Know Your Numbers

Brush up on your quantitative skills and be ready to discuss specific metrics related to equity options trading. Understand key concepts like volatility, pricing dislocations, and statistical arbitrage, as these will likely come up during the interview.

✨Showcase Your Research Skills

Prepare to discuss any past research or backtesting you've conducted. Be ready to explain your methodology and findings, especially if they relate to volatility strategies or market dynamics. This will demonstrate your analytical capabilities and how you can contribute to the team.

✨Understand the Market Landscape

Familiarise yourself with current trends in the US equity options market. Being able to discuss recent market movements or notable trades will show that you're engaged and knowledgeable about the environment you'll be working in.

✨Demonstrate Team Collaboration

Since this role involves working closely with a team, be prepared to share examples of how you've successfully collaborated in the past. Highlight your ability to communicate effectively and contribute to a team-oriented culture, which is crucial for success in a trading environment.

Quant Trader - Equity Options in London
Maven Securities
Location: London

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