At a Glance
- Tasks: Drive live trading performance in crypto options with innovative volatility modelling.
- Company: Join a leading electronic market maker in the heart of London.
- Benefits: Competitive salary, performance bonuses, and a dynamic work environment.
- Other info: Experience a fast-paced culture with opportunities for significant career growth.
- Why this job: Build cutting-edge models and tackle unsolved challenges in crypto trading.
- Qualifications: 5-7 years in systematic options trading or quantitative research required.
The predicted salary is between 180000 - 200000 £ per year.
We are partnering with an established electronic market maker to place a Systematic Options Quant Trader in London. This is a research-to-production seat at the intersection of volatility modelling, systematic quoting, and live risk management.
You will be directly accountable for live trading performance. Crypto options markets exhibit vol surface dislocations that equity index vol does not — term structure inversions, smile collapses, and gap-risk-driven skew dynamics that don't resolve on a Heston calibration.
Greeks Hedging Without the Infrastructure Crutch: The Problem Is Genuinely Unsolved: The vol modelling frameworks that dominate equity and FX options markets were calibrated over decades of institutional flow. If you want to be building the model rather than maintaining someone else's, this is that seat.
Sophisticated Infrastructure, Without the Bureaucracy: You are plugging into a high-performance electronic market-making system. C++/Rust production environment, experienced engineering support, and a desk structure that does not require 14 layers of model approval.
The Metric: 5–7 years in systematic options trading, quantitative research, or electronic market making.
The Tech: Python for research, backtesting, and surface simulation. C++, Rust, or equivalent for production. You have shipped models into live trading environments, not handed off to engineering. Comfort with stochastic vol frameworks (Heston, SABR, SVI) is expected — the ability to extend and break them is what this role demands.
Compensation: £150k – £225k Base + Performance-Based Bonus. This is not a guarantee of compensation or salary; At Onyx Alpha Partners, we are committed to connecting the most sought after talent in the financial world, to opportunities that expand the universe of unconstrained performance within their chosen discipline. If this opportunity aligns with your career aspirations, we encourage you to apply and explore the potential for growth and unparalleled success.
Quant Trader - Systematic Options (Crypto) employer: Onyx Alpha Partners
Contact Detail:
Onyx Alpha Partners Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Quant Trader - Systematic Options (Crypto)
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, attend meetups, and connect with people on LinkedIn. You never know who might have the inside scoop on job openings or can refer you directly.
✨Tip Number 2
Show off your skills! Create a portfolio showcasing your trading models or any relevant projects you've worked on. This is your chance to demonstrate your expertise and passion for systematic options trading.
✨Tip Number 3
Prepare for interviews by brushing up on your technical knowledge and problem-solving skills. Be ready to discuss your experience with stochastic vol frameworks and how you've applied them in real-world scenarios.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love connecting with candidates who are genuinely interested in joining our team.
We think you need these skills to ace Quant Trader - Systematic Options (Crypto)
Some tips for your application 🫡
Show Your Passion for Crypto: When you're writing your application, let your enthusiasm for crypto options shine through! We want to see that you’re not just in it for the job, but that you genuinely care about the market and its complexities.
Highlight Your Technical Skills: Make sure to showcase your experience with Python, C++, or Rust. We’re looking for someone who can jump straight into our high-performance environment, so don’t hold back on detailing your technical prowess!
Demonstrate Your Problem-Solving Abilities: This role is all about tackling unsolved problems in volatility modelling. Use your application to share examples of how you've approached complex challenges in the past—this will really catch our eye!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to keep track of your application and ensure it gets the attention it deserves. Plus, it’s super easy!
How to prepare for a job interview at Onyx Alpha Partners
✨Know Your Models Inside Out
Make sure you can discuss the stochastic vol frameworks like Heston, SABR, and SVI in detail. Be prepared to explain how you've built or extended these models in your previous roles, as this will show your hands-on experience and understanding of the complexities involved.
✨Demonstrate Your Coding Skills
Since the role involves working with C++, Rust, and Python, brush up on your coding skills. You might be asked to solve a problem on the spot, so practice coding challenges related to quantitative trading and ensure you can articulate your thought process clearly.
✨Understand the Crypto Market Dynamics
Familiarise yourself with the unique aspects of crypto options markets, such as vol surface dislocations and gap-risk-driven skew dynamics. Being able to discuss these topics will demonstrate your knowledge and passion for the field, which is crucial for this position.
✨Prepare for Live Trading Scenarios
Since you'll be accountable for live trading performance, think about past experiences where you've had to make quick decisions under pressure. Be ready to share specific examples that highlight your risk management skills and ability to adapt to changing market conditions.