Graduate Trader

Mako; Sydney; On-site; AUD 65,000 - 90,000; Full time

Benefits offered by this job

Flexible leave

Annual discretionary bonus

Healthcare allowance

Life & salary continuance insurance

Wellbeing guidance and support

Novated car leasing

Parental leave

Foundation volunteering

Job summary

Mako’s Graduate Trader Programme offers an immersive start to a career in options market making. You’ll join a fast-paced, real-time trading environment with rotational training to cover markets, theory and risk processes, before being placed on the desk that matches your skills and approach.

You will work closely with experienced traders, attend structured classes on options theory and participate in mock trading sessions to build practical expertise and confidence.

Qualifications

• Demonstrate a competitive edge in a collegiate but competitive market.
• Enthusiasm to learn about our business and make your own mark.
• Entrepreneurial approach with proactive problem solving and ownership.
• Very high demonstrable level of mathematical ability.
• Programming ability with VBA and Python.
• Highly numerate and able to solve maths quickly.
• STEM degree or equivalent.

Responsibilities

• Join rotational training to learn about all aspects of trading.
• Rotate across desks to gain exposure to different product areas.
• Learn from senior traders through classes and mock floor-trading sessions.
• Contribute ideas and drive improvements across projects.

Skills

Maths ability

Programming: VBA/Python

Numerical thinking

Problem solving

Entrepreneurial mindset

Team collaboration

Education

STEM degree

Tools

VBA

Python

Job description

We are looking for inquisitive problem solvers to join our team as a Graduate Trader

Mako is a leading options market maker with a global trading footprint. It has been at the forefront of options market making for nearly three decades, from the open outcry trading pits to screen trading and automated algorithmic execution strategies that are driving the future of the industry.

From offices in London, Dublin, Amsterdam, Singapore, Sydney, Brisbane and Chengdu, Mako offers the best in class liquidity solutions across Equities, Fixed Income, Commodities and FX derivatives markets and prides itself in its entrepreneurial, collaborative and philanthropic culture.

A Unique Programme for Aspiring Traders

Mako's Graduate Trader Programme is an immersive and structured programme specially designed to give our graduates the opportunity to develop in-depth knowledge and experience of the industry and options markets. The holistic programme covers the markets in which Mako operates as well as fundamental option theories and risk processes.

What we need from you:

• An ability to demonstrate a competitive edge; Mako is a very collegiate environment, but the market is not.
• An enthusiasm to learn about our business and make your own mark
• Exhibits an entrepreneurial approach, including proactive problem-solving and ownership of outcomes.
• A very high demonstrable level of mathematical ability.
• Programming ability - e.g. familiarity with VBA and Python.
• Highly numerate, demonstrative of solving maths problems in a quick manner
• A degree in a STEM (Science, Technology, Engineering, Mathematics) based subject or equivalent.

We are Mako

At Mako, we are welcoming, inclusive and collaborative. We work fast and smart in a supportive and dress-down environment that allows colleagues to be themselves and achieve great things. We uphold the principles of a flat structure that offers unrivalled engagement with senior leadership and career development opportunities.

We have a comprehensive benefits package, including:

• Flexible leave
• Annual discretionary bonus
• Healthcare allowance
• Comprehensive insurance benefits for life and salary continuance
• Employee wellbeing guidance and support
• Novated car leasing
• Generous paid parental leave scheme
• Opportunity to become involved in the rewarding work of the Mako foundation

PROGRAMME HIGHLIGHTS

Work in a Fast Paced Real-Time Trading Environment

From the outset, Graduate Traders are introduced to our fast paced and dynamic trading environment and are assigned stimulating and interactive projects to build upon their knowledge and understanding.

You will initially complete our specially designed rotational training programme to teach you about all aspects of trading and will then be assigned to the desk which best suits your skillset and approach to trading.

Learn From Highly Experienced Traders

As a Graduate Trader you will be working closely with our Senior Traders, giving you the opportunity to learn from some of the most experienced in the business. In addition, you will participate in classes covering a rigorous syllabus of options theory and attend regular mock floor-trading sessions in a collaborative and unique environment.

Rotate Across a Wide Range of Product Areas

Graduate Traders rotate across different desks giving the added benefit of exposure across the markets in which the market making team operates. This is an exceptional opportunity to gain an understanding across a wide range of products.

Add Value

Innovation is key to our business and Graduate Traders have the opportunity to add value from the outset. Mako's structure encourages a culture of exploration, challenge and learning. Working on various projects throughout their rotations and having access to a wealth of knowledge across the business. This is the ideal environment for sharing knowledge and generating ideas to drive our business forward.

Recruitment Process:

• Once you apply, we'll send you an online test. Find a calm, distraction-free environment and complete it as soon as you can - this is your chance to show us your quick-thinking maths and problem-solving skills.
• If you pass the test and fit the job profile, we'll invite you to the next stage: completing a short task to showcase your interest in the role.
• Successful candidates will then be invited to an assessment day. This will include a range of interactive activities spread across the day, giving you the opportunity to showcase your skills and meet the team.