Ability to identify P&L opportunities beyond just hedging
Experience collaborating with traders and developers
Interest in building and developing trading capabilities
Familiarity with Python and SQL or similar programming languages
Strong analytical and research skills
Responsibilities
Manage rates and rolls across front and back expiries
Improve existing trading and hedging setups
Identify and trade P&L opportunities from rolls and rates
Take end-to-end ownership of the trading space
Collaborate with developers for platform improvements
Help develop broader trading capabilities over time
Benefits
Fast-growing global firm with significant impact opportunities
Annual discretionary bonus
Enhanced annual leave after 2+ years
25 days' annual leave plus public holidays
Private healthcare and life assurance
Monthly company events and social activities
Full Job Description
THE ROLE
We are looking for an ambitious and proactive Index Rolls Trader to join our Options Market Making team in Chicago. The eligible candidate will have extensive experience trading index rolls and rates, initially across the S&P index complex and potentially other indices later. The role will suit candidates that have had experience in managing rates and rolls across front and back expiries.
RESPONSIBILITIES
Manage rates and rolls across front and back expiries, absorbing the risks from the option operation.
Improve the existing trading and hedging setup.
Identify and trade P&L opportunities arising from rolls, rates and flow.
Take end-to-end ownership of the space
Work with developers where modest platform improvements are required.
Potentially help develop a broader rolls/rates trading capability over time.
CANDIDATE SPECIFICATIONS
Strong on index rolls, rates and term-structure exposure
Able to identify P&L opportunities, not just hedge risk
Capable of working with traders and developers
Interested in building something rather than joining a fully mature desk
2-5 years' experience trading index rolls
Strong understanding of options markets
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
