At a Glance
- Tasks: Join our team to analyse market flows and identify trading opportunities in equity options.
- Company: Maven, a leading proprietary trading firm focused on improving global financial markets.
- Benefits: Competitive salary, annual bonus, enhanced leave, private healthcare, and gym access.
- Other info: Dynamic culture with opportunities for growth and collaboration across teams.
- Why this job: Make a real impact in a fast-paced trading environment with significant ownership of PnL.
- Qualifications: 2-5 years in US equity options trading or research; strong analytical and programming skills.
The predicted salary is between 63000 - 77000 £ per year.
Maven is a market-leading proprietary trading firm deploying its own capital across discretionary, systematic, and market-making strategies. Backed by deep expertise in trading, technology, and research, we are relentlessly focused on improving liquidity across global listed derivatives. Through advanced execution and pricing technologies, we improve how financial markets operate.
THE ROLE
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
Quant Trader – Equity Options in London employer: Trading Interview
Tower Research Capital is an exceptional employer that fosters a dynamic and collaborative work culture, where innovation and rigorous experimentation are at the forefront. Located in a vibrant financial hub, employees benefit from cutting-edge technology and resources, alongside ample opportunities for professional growth and development within the fast-paced world of quantitative trading. Join us to be part of a team that values your contributions and rewards your success in a meaningful way.
StudySmarter Expert Advice🤫
We think this is how you could land Quant Trader – Equity Options in London
✨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.
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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 Trading Interview. 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 Quant Trader – Equity Options in London
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 Trading Interview.
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 Trading Interview'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 Trading Interview
✨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 Trading Interview.
✨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 Trading Interview 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 Trading Interview 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.
