At a Glance
- Tasks: Make split-second trading decisions and identify market opportunities with a dynamic team.
- Company: Join Optiver, a leader in financial markets with a collaborative culture.
- Benefits: Enjoy competitive pay, 27 vacation days, and health benefits including private medical insurance.
- Other info: Intensive training program and global career growth opportunities await you.
- Why this job: Be at the forefront of trading strategies and make a real impact in finance.
- Qualifications: BSc in a quantitative field and strong communication skills required.
The predicted salary is between 36000 - 60000 £ per year.
As an Institutional Trader at Optiver, you will be instrumental in the decision making and execution of our large-order trading strategies through the management of our relationships with brokers and direct counterparties. We’re looking for a unique blend of communication skills and quantitative ability. The daily interactions you’ll have with our external partners will provide vital market insights; when these are combined with your analytical skills, intuition and close collaboration with our Screen Traders, you’ll be well placed to negotiate the best possible prices at speed. For many of the products we trade, this approach allows us to continuously operate at the forefront of the market.
What You’ll Do
- Identify and capitalize on market opportunities, both independently and within the trading team;
- Make split-second trading decisions that can instantly impact profitability;
- Constantly aim to identify new product/market opportunities to diversify our strategies and maximise success;
- Improve execution and access to volume;
- Network internally with other Institutional Traders and Screen Traders to ensure you’re acting on well-informed decisions;
- Represent Optiver’s quotes and execute orders with many of the world’s largest trading desks via phone, IM and Bloomberg;
- Negotiate prices with brokers and other relevant parties;
- Help improve our systems and tools in order to capture data in the most effective way;
- Understand and apply knowledge of the exchanges’ rules/regulations and market structures in which we engage.
Who You Are
- High EQ and strong interpersonal skills, with the ability to positively influence outcomes;
- Excellent verbal and written communication skills; English fluency is a requirement;
- 2-5 years of professional working experience;
- Previous experience in a similar seat may be beneficial but there’s also a lot of raw skills that can be learnt from other fields and applied to this type of dynamic role;
- Minimum of a BSc in a quantitative or technical field;
- Ability to work well under pressure, thriving when making fast decisions and handling a high volume of trades, often simultaneously;
- Entrepreneurial mindset;
- Detail oriented;
- Competitive by nature.
What You’ll Get
You’ll join a culture of collaboration and excellence, where you’ll be surrounded by curious thinkers and creative problem solvers. Motivated by a passion for continuous improvement, you’ll thrive in a supportive, high-performing environment alongside talented colleagues, working collectively to tackle the toughest problems in the financial markets. Your onboarding will start with an intensive three-month training program alongside other new employees from other departments within the organisation. The first month will be classroom based, bringing you up to speed with the theoretical basics of pricing and the workings of the wider organisation. In the second month you will experience a live simulation trading environment, before putting your knowledge into practice by contributing to your own project, meaning you will be delivering business impact right from the start. We believe hands-on experience is the best way to learn and that’s exactly what we provide.
In addition, you’ll receive:
- A performance-based bonus structure, enabling all of our employees to benefit from our global profit pool.
- 27 paid vacation days plus all UK public holidays.
- Daily breakfast and lunch, along with support on commuting expenses.
- Private medical insurance, pension scheme, and ClassPass fitness membership.
- Training and continuous learning opportunities, including access to conferences and tech events.
- International transfer opportunities for global career growth.
Diversity statement
Optiver is committed to diversity and inclusion.
How To Apply
Apply directly via the form below. If you have any questions feel free to contact our Recruitment team via recruitment@optiver.com. Please note: We do not require any assistance from third-parties including agencies in the recruitment of this role. We cannot accept applications via email.
Institutional Trader employer: Optiver
Contact Detail:
Optiver Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Institutional Trader
✨Network Like a Pro
Get out there and connect with people in the industry! Attend trading events, join finance forums, and don’t be shy about reaching out to current traders on LinkedIn. Building relationships can open doors that you didn’t even know existed.
✨Show Off Your Skills
When you get the chance, demonstrate your analytical skills and quick decision-making abilities. Whether it’s during an interview or a casual chat, share examples of how you've tackled challenges in the past. This will show you’re ready for the fast-paced world of trading!
✨Practice Makes Perfect
Before any interviews, brush up on your trading knowledge and market trends. Use simulation tools to practice making split-second decisions. The more prepared you are, the more confident you’ll feel when it’s time to shine!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, you’ll have access to all the latest job openings and updates from us at Optiver.
We think you need these skills to ace Institutional Trader
Some tips for your application 🫡
Show Off Your Skills: Make sure to highlight your communication and quantitative skills in your application. We want to see how you can blend these abilities to make quick, informed decisions in trading.
Tailor Your Application: Don’t just send a generic CV! Tailor your application to reflect the specific requirements of the Institutional Trader role. Mention any relevant experience or skills that align with what we’re looking for.
Be Clear and Concise: When writing your application, keep it clear and to the point. We appreciate well-structured responses that get straight to the heart of your qualifications and experiences.
Apply Through Our Website: Remember to apply directly through our website! It’s the best way to ensure your application gets to us without any hiccups. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at Optiver
✨Know Your Numbers
As an Institutional Trader, you'll need to demonstrate your quantitative skills. Brush up on key financial metrics and market trends relevant to the role. Be prepared to discuss how you’ve used data to make trading decisions in the past.
✨Show Off Your Communication Skills
Since this role involves a lot of interaction with brokers and trading desks, practice articulating your thoughts clearly and confidently. Consider doing mock interviews with friends or colleagues to refine your verbal and written communication.
✨Demonstrate Your Market Knowledge
Stay updated on current market conditions and recent news that could impact trading strategies. Bring insights to the interview about how you would approach market opportunities and challenges, showing that you’re proactive and informed.
✨Prepare for Quick Decision-Making
The ability to make split-second decisions is crucial in trading. Think of scenarios where you had to make quick choices under pressure and be ready to discuss them. This will showcase your ability to thrive in a fast-paced environment.