At a Glance
- Tasks: Join our team to analyse market flows and identify trading opportunities in equity options.
- Company: Maven, a leading employee-owned trading firm with a collaborative culture.
- Benefits: Competitive pay, bonuses, enhanced leave, private healthcare, and gym access.
- Other info: Enjoy monthly social events and a dynamic work atmosphere with growth opportunities.
- 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 research; strong analytical and programming skills.
The predicted salary is between 36000 - 60000 £ 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
- 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
Maven is an equal opportunity employer.
Quant Trader - Equity Options in London employer: Maven
Maven is an exceptional employer that values the contributions of its staff, offering a supportive work culture and opportunities for professional growth. With competitive benefits such as a salary of £39,500 per annum, 25 days of annual leave, and the flexibility of hybrid working, employees can enjoy a balanced work-life dynamic while making a meaningful impact in the community.
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 or similar firms. A friendly chat can give you insider info and maybe even a referral, which is gold in the job market.
✨Tip Number 2
Show off your skills! Prepare a portfolio of your quantitative research or trading strategies. When you get that interview, having concrete examples will help you stand out and demonstrate your expertise.
✨Tip Number 3
Stay sharp on market trends! Keep up with the latest in equity options and volatility strategies. Being able to discuss current events and their impact on the market will show you're proactive and engaged.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining our team at Maven.
We think you need these skills to ace Quant Trader - Equity Options in London
Some tips for your application 🫡
Show Your Quant Skills:Make sure to highlight your quantitative research or trading experience in your application. We want to see how you've used statistical methods to make informed decisions, especially in the context of US equity options.
Tailor Your Application:Don’t just send a generic CV and cover letter. Tailor your application to reflect your understanding of volatility strategies and how they relate to our work at Maven. Show us why you’re the perfect fit for our team!
Be Clear and Concise:When writing your application, keep it clear and concise. We appreciate straightforward communication, so get to the point while showcasing your skills and experiences relevant to the role.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Maven
✨Know Your Numbers
Brush up on your quantitative skills and be ready to discuss specific metrics related to equity options and volatility. Be prepared to explain how you’ve used statistical methods in past roles to identify trading opportunities.
✨Market Flow Insights
Familiarise yourself with current market trends and flow dynamics. During the interview, share your insights on recent pricing dislocations and how they could present trading opportunities. This shows you’re proactive and engaged with the market.
✨Showcase Your Research Skills
Prepare to discuss any research or backtesting you've conducted, especially around volatility curves and dispersion trades. Bring examples of your work that demonstrate your analytical capabilities and how they can contribute to the team’s success.
✨Cultural Fit Matters
Maven values a collaborative culture, so be ready to discuss how you work within a team. Share experiences where you’ve contributed to a team’s success, particularly in fast-paced environments, to show you align with their entrepreneurial spirit.
