Foreign Exchange Options Trader

Jane Street; City Of London; On-site; GBP 90,000 - 120,000; Full time

Job summary

A leading financial institution in London is seeking an experienced Foreign Exchange Options Trader to manage its FX options portfolio. The role involves creating trading signals, managing hedging, and collaborating closely with global teams. Candidates should possess strong product knowledge, technical skills in options pricing, and excellent communication abilities. This position offers the opportunity to work within a dynamic team committed to continuous improvement and innovation.

Qualifications

• 5+ years of experience in FX Options or similar.
• Strong technical skills in options pricing and programming.
• Fluency in English is required.

Responsibilities

• Create, execute, and evaluate trading signals.
• Manage daily hedging.
• Collaborate with global FX options team.

Skills

Experience in FX Options

Options pricing technical skills

Programming in Python

Strong communication skills

Analytical skills

Detail-oriented

Job description

We are looking for a Foreign Exchange (FX) Options Trader based in London to work closely with our local and global FX options team and help manage our FX options portfolio. In this role, you’ll create, execute and evaluate trading signals, manage daily hedging, and partner with our sell-side counterparts for risk lay-off. This role offers opportunities for cross-asset and cross-region trading responsibilities.

Our FX options hub is in New York, and we have utilised shared resources with desks in London and Hong Kong. You’ll sit alongside our options team in London and collaborate closely with colleagues globally. We are actively expanding our FX options trading and capabilities and plan to continue growing. You bringing strong product and landscape specific knowledge to the team during the prime FX Options hours would be instrumental in achieving this. We’re looking for someone who understands market nuance and is excited to push us in directions we are currently not pursuing.

Our Trading team is full of highly motivated professionals who have created a culture of trust, respect, and collaboration. Your working relationships, trader intuition, and ability to analyse special situations will add value to our team.

About You

• 5+ years of experience in FX Options or similar
• Able to think critically and implement new ideas
• Strong technical skills in options pricing and programming (our research and tooling is primarily python)
• Experienced teaching others and open to learning new techniques
• Strong communicator with excellent planning, analytical, and people skills; comfortable coordinating across time zones
• Reliable and flexible team player with a positive attitude
• Detail-oriented, organised, and thorough, with a desire for continuous improvement
• Willingness to spend multiple weeks a year traveling to New York and Hong Kong
• Fluency in English is required