Senior Quantitative Researcher - Options Market Making

Senior Quantitative Researcher - Options Market Making

Full-Time 42000 - 84000 £ / year (est.) On-site
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At a Glance

  • Tasks: Lead innovative projects that directly impact trading performance in a dynamic environment.
  • Company: Join Maven Securities, a top-tier proprietary trading firm with a collaborative culture.
  • Benefits: Enjoy competitive pay, annual bonuses, catered meals, and 25 days of leave.
  • Other info: Empowering culture with leadership opportunities and a focus on creativity and innovation.
  • Why this job: Seize a rare chance to shape trading strategies and see your ideas in action.
  • Qualifications: PhD or relevant experience in quantitative research and electronic options trading required.

The predicted salary is between 42000 - 84000 £ per year.

Maven is a market-leading proprietary trading firm allocating internal capital across discretionary, systematic, and market-making strategies. We deploy Market Making strategies on listed Options and Futures on multiple exchanges globally and are consistently ranked within the top three liquidity providers on the exchanges and markets we are mature in. We utilise our in-house ultra-low latency and high performant trading platforms to provide best in class pricing and liquidity to markets. Our traders are passionate about creating innovative solutions and push the boundaries of quantitative trading. We value creativity and are aggressive to capitalise on opportunities and take proven strategies to the next level. We empower our team members and maximise their ability to succeed by offering an environment that is open, collaborative and supportive.

The role: As a Senior Quantitative Researcher, you will lead projects that have a direct impact on our trading performance. You will work collaboratively with other researchers and traders from various scientific fields and prestigious academic institutions, to develop innovative real-time trading models and solutions for low latency trading systems for exchange-traded options. You will share your knowledge and expertise with other researchers to tackle various challenging projects including but not limited to option pricing and volatility models, algorithm design and alpha research.

What we’re looking for:

  • Academic degree in applied mathematics, computer science, statistics engineering or physics.
  • PhD or any other track record in conducting independent research.
  • Minimum 3+ years of experience in the financial industry, particularly electronic options trading.
  • Ability to research advanced algorithms, develop predictive models and verify complex hypotheses using large datasets.
  • Proactive interest in improving existing trading strategies and identifying new opportunities.
  • A collaborative bridge between developers and traders who aligns technical work with commercial impact and the broader strategic vision, and a real team player with other quants in the team.

Why you should apply:

  • Rare opportunity to take a high level of responsibility at a fast-growing global trading firm.
  • Opportunity to be highly involved in the decisions that shape our trading.
  • Flexible research environment to iterate on your ideas quickly and see the impact of your work in production.
  • Leadership opportunities as the team grows.
  • Great engineering environment where technology, creativity and innovation is key to our success.
  • An environment where you’re empowered and supported to achieve your ambitions.
  • Friendly, informal and highly rewarding culture.
  • The upside of a start-up without the associated risks.

What We Can Offer You:

  • Competitive compensation.
  • Annual discretionary bonus.
  • Fully catered breakfast and lunch.
  • 25 days’ annual leave.
  • Informal dress code.
  • Private healthcare and life assurance.
  • Group Pension plan.

The Options Market Making team at Maven Securities operates under a strict direct sourcing model. We are committed to managing all recruitment activities internally to ensure a consistent and transparent candidate experience. As such, we do not accept unsolicited CVs or introductions from recruitment agencies. If you’re interested in this opportunity, please apply directly.

Senior Quantitative Researcher - Options Market Making employer: Maven Securities

Maven Securities is an exceptional employer that prioritises employee development and offers a dynamic work culture in the heart of London. With comprehensive training programmes and opportunities for growth, employees are empowered to excel in their roles while contributing to a collaborative team environment focused on regulatory excellence.

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Contact Details:

Maven Securities Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Quantitative Researcher - Options Market Making

✨Tip Number 1

Network like a pro! Reach out to current or former employees at Maven Securities on 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 past projects, especially those related to quantitative research and trading models. This will help you stand out during interviews and showcase your expertise.

✨Tip Number 3

Stay updated on market trends and innovations in quantitative trading. Being able to discuss recent developments or share your thoughts on new strategies can impress interviewers and show your passion for the field.

✨Tip Number 4

Don’t forget to apply 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 the Maven team.

We think you need these skills to ace Senior Quantitative Researcher - Options Market Making

Applied Mathematics
Computer Science
Statistics Engineering
Physics
Independent Research
Electronic Options Trading
Algorithm Design

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Senior Quantitative Researcher role. Highlight your experience in electronic options trading and any relevant projects you've worked on. We want to see how your skills align with what we do at Maven!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about quantitative research and how you can contribute to our team. Be sure to mention specific strategies or models you've worked on that relate to our market-making focus.

Showcase Your Collaborative Spirit:At Maven, we value teamwork. In your application, share examples of how you've collaborated with others in your field. Whether it's working with traders or developers, let us know how you bridge the gap between technical work and commercial impact.

Apply Through Our Website:We encourage you to apply directly through our website for a smooth application process. This ensures your application gets the attention it deserves and helps us maintain a consistent candidate experience. Don’t miss out on this opportunity!

How to prepare for a job interview at Maven Securities

✨Know Your Numbers

As a Senior Quantitative Researcher, you'll need to demonstrate your expertise in quantitative analysis. Brush up on key concepts in applied mathematics and statistics, especially those relevant to options pricing and volatility models. Be ready to discuss your previous projects and the methodologies you used—this will show your depth of knowledge and practical experience.

✨Showcase Your Collaboration Skills

Maven values teamwork, so be prepared to talk about how you've worked with others in the past. Share specific examples of how you've collaborated with traders or developers to achieve a common goal. Highlight your ability to bridge technical work with commercial impact, as this is crucial for the role.

✨Prepare for Technical Questions

Expect to face technical questions that test your understanding of algorithms and predictive modelling. Review common algorithms used in electronic options trading and be ready to explain how you would approach developing new models. Practising coding problems related to data analysis can also give you an edge.

✨Demonstrate Your Passion for Innovation

Maven is all about creativity and pushing boundaries. Be sure to convey your proactive interest in improving existing strategies and identifying new opportunities. Discuss any innovative solutions you've developed in the past and how they impacted trading performance. This will show that you're not just a researcher, but a forward-thinking contributor to the team.