Junior Discretionary Trader – Volatility

Anson McCade; London; On-site; GBP 40,000 - 60,000; Full time

Job summary

Anson McCade is seeking a Junior Discretionary Trader for its London team, offering a unique opportunity for graduates to learn volatility trading. The position includes mentorship from experienced traders, focusing on portfolio management and risk analysis as candidates progress in their careers.

Benefits

Mentorship and structured training

Exposure to institutional-grade trading strategies

Career growth opportunities

Qualifications

• Strong interest in volatility/options trading.
• Up to 2 years of relevant experience, ideally within trading or investment environments.

Responsibilities

• Support evaluation and execution of discretionary trading strategies.
• Monitor and analyze portfolio risk and PnL.
• Contribute to daily portfolio management and trade execution.

Skills

Analytical thinking

Attention to detail

Programming (Python)

Communication

Education

Bachelor’s or Master’s degree in a quantitative or financial discipline

Job description

Junior Discretionary Trader – Volatility

Junior Discretionary Trader – Volatility

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This range is provided by Anson McCade. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

Direct message the job poster from Anson McCade

Senior Recruitment Consultant at Anson McCade - Specialising in Quant Finance Opportunities

My client is a leading global investment management firm renowned for its scientific, data-driven approach to trading and technology. Operating across a diversified range of strategies, the firm is built on cutting-edge research, proprietary systems, and a collaborative global structure. While systematic trading is at the firm’s core, a growing discretionary team complements the approach by capturing opportunities that fall outside of automated strategies — particularly in complex areas such as volatility trading across asset classes.

The Opportunity

My client is seeking a Junior Discretionary Trader to join its expanding London-based team. This is a unique opportunity for recent graduates or early-career professionals with a strong interest in options/volatility trading to work directly alongside experienced discretionary traders. You will receive direct mentorship, hands-on training, and exposure to institutional-grade trading strategies.

The role focuses on supporting and learning from senior traders while contributing to active risk-taking, portfolio management, and idea generation. Over time, successful candidates will have the opportunity to progress towards managing risk independently.

Key Responsibilities

• Support senior traders in the evaluation and execution of discretionary trading strategies, with a focus on volatility and options-based approaches
• Monitor and analyze portfolio risk and PnL
• Contribute to daily portfolio management, hedging, and trade execution
• Produce and maintain PnL attribution, risk reports, and performance summaries
• Collaborate with quantitative researchers to improve trading strategies and leverage firm-wide analytics and data platforms
• Execute trades in complex or less liquid markets where automation is not optimal

Ideal Candidate Profile

• Bachelor’s or Master’s degree in a quantitative or financial discipline (e.g. Mathematics, Statistics, Engineering, Computer Science, Physics, Finance, or Economics)
• Up to 2 years of relevant experience, including internships, ideally within a trading, investment, or derivatives-focused environment
• Demonstrable interest or prior exposure to volatility/options trading, either through internships, or full-time work
• Strong programming skills (Python preferred), with the ability to work with data and automate processes
• Excellent analytical thinking, attention to detail, and eagerness to learn in a fast-paced environment
• Strong communication and collaboration skills to work effectively within a global team

What You’ll Gain

• Exposure to top-tier discretionary and quantitative trading professionals
• Comprehensive mentorship and structured on-the-desk training
• Involvement in real-time portfolio decisions and market risk management
• Career growth in a world-class hedge fund environment with long-term development pathways

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance

• Industries

  Financial Services and Capital Markets

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