At a Glance
- Tasks: Trade options and scale our trading business in the dynamic crypto market.
- Company: Join Wintermute, a leading algorithmic trading firm in digital assets.
- Benefits: Competitive salary, flexible hours, and a chance to shape the future of trading.
- Other info: Collaborative team environment with opportunities for personal and professional growth.
- Why this job: Make a real impact in the fast-paced world of cryptocurrency trading.
- Qualifications: 3-5 years of options trading experience and strong analytical skills required.
The predicted salary is between 60000 - 80000 £ per year.
About Wintermute
Wintermute is one of the largest algorithmic trading companies in digital assets. We provide liquidity algorithmically across all major cryptocurrency exchanges and trading platforms, a broad range of OTC trading solutions as well as support high profile blockchain projects and traditional financial institutions moving into crypto. Wintermute is not just a trading company, it is one of the most prominent and influential players in the digital asset markets: we are connected and partnering with all major players in the industry, we actively participate in the development of the blockchain ecosystem through investments, partnerships, and incubation of projects.
What will you work on
We are looking for an experienced options trader with a proven track record at a top tier trading firm. At Wintermute, you will be responsible for building and scaling our option trading business. No legacy systems, no corporate bureaucracy, no multiple levels of approvals. It is up to you to make an impact. You will act like an owner and your incentives will be completely aligned with those of the company! Coding experience or some demonstrated ability to learn it very quickly is required.
Responsibilities
- Monitor and rationalise crypto market flows across spot, perpetuals, futures, and options to identify volatility and skew dislocations.
- Analyse exchange-level positioning, funding dynamics, open interest, and on/off-exchange flows to uncover structural and tactical trading opportunities.
- Research and backtest volatility surface dynamics, term structure, skew behaviour, relative value and dispersion trades across major digital assets (e.g. BTC, ETH and liquid altcoins).
- Develop and refine alpha signals combining market microstructure insights with quantitative research tools.
- Actively participate in trading and risk-managing a multi-exchange crypto options portfolio, including delta, vega, gamma, and cross-venue risk.
- Contribute to the desk’s expansion into systematic and semi-systematic volatility strategies.
- Own the full investment lifecycle from intuition and thesis development through modelling, execution, and post-trade performance analysis.
- Collaborate with engineering and infrastructure teams to optimise electronic execution, improve latency-sensitive routing, and enhance automation across exchanges.
- Monitor exchange counterparty risk, liquidity fragmentation, and structural inefficiencies unique to crypto derivatives markets.
Hard skills requirements:
- 3-5+ years of option market making at one of the top tier trading firms in the space (must have); we prefer proprietary trading experience with significant component of systematic and algorithmic trading (not only position taking or executing client trades).
- Deep understanding of option pricing and risk frameworks; ability to design these from scratch based on prior expertise.
- Excellent quantitative and analytical skills: we will test (must have).
- Python/coding skills is a significant advantage; otherwise, willingness and ability to learn Python within several months on own time is required.
Other requirements:
- Have an owner mentality - you focus on the ultimate result - P&L for the company and strategically growing the business and Wintermute partnerships.
- Love problem solving, and love seeing your products work; you do whatever it takes to do what’s needed (trading, coding, analysing data, collaborating).
- Determined, ambitious yet humble, willing to work hard and learn on the way.
- Like meritocracy and being judged by what you deliver.
- Have an entrepreneurial mindset versus working 9-to-5 mentality; prepared to work non-standard working hours (since we are a pivotal player in the crypto markets that don’t stop 24/7).
- Like working in a team collaborative environment.
Options Trader employer: P2P
Wintermute is an exceptional employer for options traders, offering a dynamic and innovative work environment where you can truly make an impact without the constraints of corporate bureaucracy. With a strong focus on employee growth and collaboration, you will have the opportunity to work alongside industry leaders in the rapidly evolving digital asset market, while enjoying the benefits of a meritocratic culture that rewards results and fosters entrepreneurial thinking.
StudySmarter Expert Advice🤫
We think this is how you could land Options Trader
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like P2P. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Options Trader
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to P2P.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on P2P's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at P2P
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with P2P.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at P2P will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former P2P employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
