Proprietary Volatility Trader

Maven Securities ,
London, Greater London

Overview

Job Description

Maven is a proprietary trading and market making organisation formed in 2011. We employ the most talented traders, developers and engineers in the market, executing a diverse range of strategies across global equities and derivatives. We are the most active participant in many of the products we trade, contributing significant liquidity to markets around the world. Maven has a culture that is relaxed and informal but highly rewarding of strong performance; there's no dress code, plenty of free food and regular social events. We have offices in London, Hong Kong and New York and will be opening a new Chicago office as part of our plans to expand our coverage of derivatives markets. THE ROLE: Maven is looking for an ambitious trader and researcher to join the risk-taking unit within its options business. The successful candidate will build and deploy scalable position-taking strategies that are synergistic to Maven's market-leading options market-making business. This is a full-time, permanent role based in London (with the possibility of transferring to Hong Kong or the US later), with a competitive remuneration package comprising a base salary, benefits and bonus. RESPONSIBILITIES * Use data to design and backtest trading strategies across multiple products * Execute those strategies directly and/or design systems to execute them in a scalable manner across multiple product groups * Develop predictive valuation models * Manage portfolio risk and help identify risk across the company CANDIDATE SPECIFICATIONS: Required: * Experience of designing and executing profitable position-taking strategies with options * Proactive interest in improving existing trading strategies and identifying new opportunities * Ability to take a high level of responsibility in an expanding, highly successful firm * Outstanding analytical and statistical skills * Excellent attention to detail and fast problem-solving skills * Strong communication skills * The embodiment of Maven's core values: Integrity and fairness, market-leading, creativity, individual and collective success, discipline and accountability Desirable: * Experience working with large time series data * Python programming experience * Thorough understanding of how macroeconomic/geopolitical context impacts strategy