Derivative Trader

Job Description

Responsibilities: Demonstrate 3+ years of hands-on experience trading low-risk, absolute return strategies such as skew, dispersion, long-short, relative volatility, or arbitrage across equity or commodity options, with a verifiable track record of PnL—either discretionary or systematic. Actively monitor and manage real-time portfolio risk, maintaining a comprehensive understanding of the drivers of PnL across a diversified options book. Utilize real-time market data to assess evolving market conditions and identify high-conviction trading opportunities. Contribute to the continual improvement of trading infrastructure by enhancing desk setup, tools, and workflows. Design, code, and backtest new strategy ideas to generate alpha and improve existing models. Employ quantitative methods to discover and evaluate new trading strategies or improve existing ones. Requirements: 3–6 years of experience at a trading firm, with a core focus on volatility-based or relative value strategies. Minimum 1 year of verifiable PnL track record demonstrating consistent performance. Deep knowledge of options trading and risk management, with the conviction to take and manage positions independently. Strong analytical and quantitative skills, with the ability to interpret complex market dynamics and apply them in real-time. Proficiency in programming (Python or C++ preferred) ; familiarity with additional languages, statistical tools, or data platforms is a plus. Show more Show less