Derivative Trader

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.