At a Glance
- Tasks: Make split-second trading decisions and identify market opportunities with a dynamic team.
- Company: Join Optiver, a leading trading firm in London with a collaborative culture.
- Benefits: Competitive salary, performance bonuses, and opportunities for professional growth.
- Other info: Fast-paced environment with excellent networking opportunities and career advancement.
- Why this job: Be at the forefront of trading strategies and make impactful decisions daily.
- Qualifications: Strong communication skills and 2-5 years of relevant experience preferred.
The predicted salary is between 60000 - 80000 £ 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.
Institutional Trader | London, UK employer: Optiver
Contact Detail:
Optiver Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Institutional Trader | London, UK
✨Tip Number 1
Network like a pro! Reach out to current or former Institutional Traders on LinkedIn. Ask them about their experiences and any tips they might have for landing the role. Building these connections can give us insider knowledge and potentially lead to referrals.
✨Tip Number 2
Practice your pitch! When you get the chance to chat with recruiters or during interviews, be ready to showcase your communication skills. We need to convey our analytical abilities and how we can make split-second decisions that impact profitability.
✨Tip Number 3
Stay updated on market trends! Read up on the latest news in trading and finance. This will not only help us in interviews but also show our passion for the industry. Plus, it’s a great way to identify potential market opportunities to discuss.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we often have insights into what the hiring team is looking for, so don’t miss out on that opportunity!
We think you need these skills to ace Institutional Trader | London, UK
Some tips for your application 🫡
Show Off Your Communication Skills: Since the role requires strong verbal and written communication, make sure your application reflects this. Use clear, concise language and don’t shy away from showcasing your ability to convey complex ideas simply.
Highlight Your Analytical Prowess: We want to see your quantitative skills in action! Include examples of how you've used data analysis in previous roles to make informed decisions or improve processes. This will show us you can think on your feet.
Tailor Your Application: Don’t just send a generic CV and cover letter. Tailor your application to reflect the specific skills and experiences that align with the job description. We love seeing candidates who take the time to connect their background to our needs.
Apply Through Our Website: Make it easy for us to find your application by applying directly through our website. It helps us keep track of your submission and ensures you’re considered for the role without any hiccups!
How to prepare for a job interview at Optiver
✨Know Your Market
Before the interview, dive deep into the current market trends and trading strategies. Familiarise yourself with recent news that could impact trading decisions. This will not only show your enthusiasm but also your ability to think critically about market opportunities.
✨Showcase Your Communication Skills
Since this role requires strong interpersonal skills, practice articulating your thoughts clearly and confidently. Prepare examples of how you've successfully negotiated or influenced outcomes in previous roles. This will demonstrate your ability to build relationships with brokers and counterparties.
✨Quantitative Skills Matter
Brush up on your quantitative analysis skills. Be ready to discuss how you’ve used data to make informed trading decisions in the past. Consider bringing a portfolio of your analytical work to showcase your capabilities during the interview.
✨Prepare for Scenario Questions
Expect scenario-based questions that test your decision-making under pressure. Think of situations where you had to make quick decisions that impacted profitability. Practising these scenarios will help you articulate your thought process and demonstrate your readiness for the fast-paced environment.