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, generous leave, private healthcare, and on-site gym.
- Other info: Enjoy monthly social events and a dynamic work atmosphere with growth potential.
- 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 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
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Maven 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 quantitative research or trading strategies. Bring it along to interviews to demonstrate your hands-on experience and analytical prowess.
✨Tip Number 3
Stay sharp on market trends! Keep up with the latest in US equity options and volatility strategies. Being able to discuss current market dynamics will impress the interviewers.
✨Tip Number 4
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 Quant Trader - Equity Options
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Quant Trader role. Highlight your experience in US equity options and any quantitative research you've done. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about trading and how your background makes you a great fit for our team. We love seeing enthusiasm and a proactive mindset.
Showcase Your Analytical Skills:In your application, don’t forget to showcase your analytical skills. Mention specific projects or experiences where you’ve used data analysis to make trading decisions. We’re all about those insights!
Apply Through Our Website:Finally, make sure 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 Maven
✨Know Your Numbers
Brush up on your quantitative skills and be ready to discuss specific metrics related to equity options. 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 previous research or backtesting you've conducted. Be ready to explain your thought process and how you identified trading opportunities, especially in relation to volatility strategies. This will demonstrate your analytical capabilities.
✨Understand the Market Dynamics
Familiarise yourself with current market trends and how they affect equity options. Being able to articulate your insights on market flows and participant positioning will show that you have a proactive approach and can contribute to the desk's success.
✨Demonstrate Team Collaboration
Since this role involves working closely with others, be prepared to discuss examples of how you've collaborated in past roles. Highlight any experiences where you contributed to a team’s success, particularly in a fast-paced trading environment.