Graduate Trader, Sydney

Mako Trading Australia Pty Ltd; Sydney; On-site; AUD 120,000 - 130,000; Full time

Benefits offered by this job

Flexible leave

Annual discretionary bonus

Healthcare allowance

Comprehensive insurance: life & salary

Wellbeing guidance & support

Novated car leasing

Generous parental leave

Job summary

Mako Trading Australia Pty Ltd in Sydney is seeking a Graduate Trader for an immersive programme designed to develop in-depth knowledge of options markets. The programme covers markets, option theories, and risk processes, with rotational training across desks.

You will learn from senior traders, participate in mock floor-trading sessions, and rotate across product areas to gain broad exposure. A STEM background and strong quantitative skills are highly valued.

Qualifications

• A degree in a STEM subject or equivalent.
• Strong numerical ability and problem-solving skills.
• Programming experience with VBA and Python is advantageous.

Skills

Mathematical ability

Programming (VBA/Python)

Problem solving under pressure

Competitive edge

Enthusiasm to learn

Education

STEM degree or equivalent

Tools

VBA

Python

Job description

Mako Trading Australia Pty Ltd – Sydney NSW

$120,000 - $130,000 a year

No experience required

15d ago , from SEEK Grad Graduate Positions

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.

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:

A trader can come from any background and there are many ways to solve the problems they face, but what all successful traders have in common is an ability to make logical decisions under pressure and to be able to react quickly to changing circumstances. Additionally, we are looking for:

• 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:

At Mako, we want to ensure you to have the best possible experience. To support this, we have outlined what the recruitment process will look like, so you know what to expect at each stage:

• 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.
• If you’re successful at the assessment day, we’ll invite you to a final-stage panel interview with our Senior Traders.
• Offers will be made to successful candidates once all final interviews have been completed.

Important:

Throughout the process, all communication will be sent by email, so please make sure to regularly check your junk/spam folder to avoid missing any updates.

Only candidates with full Australian working rights will be considered for this role. We cannot accept visa holders at this time.