Akuna Capital

Experienced Options Trader

Akuna Capital$130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 1+ years of market making experience with PnL responsibility
  • Bachelor's in Engineering, Economics, Statistics, Mathematics, Computer Science, or Actuarial Science
  • Strong numerical and quantitative analysis skills
  • Entrepreneurial self-starter for high-paced team environments
  • Proficiency in problem-solving and creative market solutions
  • Effective and efficient communication skills
  • Detail-oriented mindset
  • Ability to respond and solve quickly under changing market conditions.

Responsibilities

  • Manage a derivatives portfolio profitably while adhering to risk limits
  • Collaborate with technology and quant teams to ensure algorithm performance
  • Analyze data for parameter optimization
  • Implement improvements to enhance liquidity provision
  • React swiftly to changing market conditions with accurate problem-solving.
  • Maintain a clear focus on risk management strategies.

Benefits

  • Comprehensive employer-paid medical, dental, and vision insurance
  • Retirement contributions
  • Generous paid time off policy
  • Discretionary performance bonuses
  • Supportive and dynamic team culture.
Full Job Description
About Akuna:

Akuna Capital is an innovative trading firm with a strong focus on collaboration, cutting-edge technology, data driven solutions, and automation. We specialize in providing liquidity as an options market-maker - meaning we are committed to providing competitive quotes that we are willing to both buy and sell. To do this successfully, we design and implement our own low latency technologies, trading strategies, and mathematical models.

Our Founding Partners first conceptualized Akuna in their hometown of Sydney. They opened the firm's first office in 2011 in the heart of the derivatives industry and the options capital of the world - Chicago. Today, Akuna is proud to operate from additional offices in Sydney, Shanghai, London and Singapore.

What you'll do as an Options Trader at Akuna:

We are seeking experienced Options Traders to join our dynamic team at Akuna Capital. The ideal candidate will be a motivated individual with a desire to make an immediate impact at a growing firm. Akuna gives all new Traders the opportunity to learn from the most successful members of our trading team and apply their previously gained knowledge and experience quickly. In this role, you will:
  • Profitably manage a derivatives portfolio and be responsible for dynamically managing risk to ensure portfolio is under prescribed risk limits
  • Work with our technology and quant teams to ensure existing algorithms are functioning properly
  • Analyze data to optimize parameters
  • Introduce improvements to our algorithms to best provide liquidity

Qualities that make great candidates:
  • 1+ years of market making experience (responsibility for PnL and risk)
  • Bachelor's Degree in Engineering, Economics, Statistics, Mathematics, Computer Science, Actuarial Science or a related/equivalent field
  • Strong math aptitude, numerical, and quantitative analysis skills
  • Entrepreneurial self-starter ready to work in a fast paced, team environment
  • Passionate about problem-solving and finding creative solutions in an ever changing market
  • The ability to communicate effectively and efficiently while fostering external professional relationships
  • Detail-oriented
  • The ability to react quickly and accurately to rapidly changing market conditions, including the ability to quickly and accurately respond and/or solve math and coding problems are essential functions of the role

In addition to technical skillsets, Akuna values the unique perspectives people can bring to the table to collaboratively solve complex problems and drive Akuna forward. We want everyone to feel empowered to apply. We welcome your application and encourage you to take the first steps toward your future with us!

In accordance with Illinois Equal Pay Act, the minimum base salary starts at $130,000. Exact compensation offered may vary based on many factors including, but not limited to, the candidate's experience, qualifications, and skill set. This role is also eligible for a discretionary performance bonus as part of the total compensation package and includes a comprehensive benefits package that may encompass employer-paid medical, dental, vision, retirement contributions, paid time off, and other benefits. The minimum base salary herein was determined in good faith by Akuna Capital LLC.

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