Quant Trader - Quantitative Positional Trading (QPT)

Tradermath; Greater London; On-site; GBP 90,000 - 150,000; Full time

Benefits offered by this job

Discretionary bonus

Pension plan

Enhanced annual leave

25 days annual leave

Catered meals

Private healthcare

Life assurance

On-site gym

Company events

Job summary

Maven Securities is seeking exceptional Quant Traders to join its expanding Quantitative Positional Trading Team. This full-time role focuses on statistical arbitrage and relative value position taking, with ownership of alpha generation and risk management across markets.

You will contribute to fair value generation, portfolio construction and alpha performance evaluation, with opportunities to lead desk evolution as strategies expand across asset classes.

Qualifications

• 2+ years’ experience in quantitative research or trading, prior derivatives desk preferred.
• Experience in portfolio construction is advantageous.
• Strong analytical skills and ability to communicate effectively in a fast moving team.

Responsibilities

• Active participation in trading and risk management of systematic strategies and discretionary decision making.
• Active participation in optimising and parametrising execution systems.
• Conduct research and backtests on potential alphas across the volatility surface, term structure, 0DTE, relative value and dispersion trades.
• Perform analysis into PnL attribution, market dynamics and changes in volatility surfaces.
• Collaborate with infrastructure, tech and quant teams to modelling and execution improvements.

Skills

Quantitative trading

Python

SQL

Portfolio construction

Risk ownership

Communication

Tools

Python

SQL

Job description

Maven Securities is a leading, employee-owned proprietary trading firm that specialises in derivatives trading. We leverage sophisticated technology and quantitative methods in systematic, market-making and discretionary strategies. We differentiate ourselves by exclusively managing our own capital, delivering exceptional returns on equity since inception, and preserving an entrepreneurial, highly collaborative culture.

THE ROLE

Maven is rapidly expanding its Quantitative Positional Trading Team and seeking exceptional Quant Traders to drive this fast-growing unit. This is a full-time position where you will join a team that specialises in statistical arbitrage and relative value position taking.

The team has a key focus on fair value generation, portfolio construction and alpha performance evaluation. The successful candidate will play a key role in the desk’s day to day operation and have opportunities to lead and shape the future evolution of the desk as it expands in alpha strategies and asset classes.

The role will particularly suit candidates with quantitative research or derivatives trading experience who want to transition into a risk-taking role which deploys systematic and quantitative strategies. The role is suitable for candidates who enjoy solving trading problems using quantitative methods with ownership in end-to-end investment process from market intuition, alpha discovery, trade execution, risk management and performance attribution.

RESPONSIBILITIES

• Active participation in trading and risk management of systematic strategies and discretionary decision making
• Active participation in optimising and parametrising execution systems
• Conduct research and backtests on potential alphas across the volatility surface, term structure, 0DTE, relative value and dispersion trades
• Perform analysis into PnL attribution, market dynamics and changes in volatility surfaces
• Collaborate with infrastructure, tech and quant teams to modelling and execution improvements

CANDIDATE SPECIFICATIONS

• 2+ years’ experience in quantitative research or trading, prior experience from derivatives desks preferred
• Experience in portfolio construction preferred
• Commercial trading mindset with appetite for risk ownership and strategy responsibility
• Strong and effective communication to allow for quick iteration in a fast-moving work 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 packageAnnual discretionary bonus
• Group pension plan
• Enhanced annual leave allowance after 2+ years’ service
• 25 days’ annual leave (plus public holidays)
• Fully catered breakfast, lunch, and snacks prepared by an in-house chef
• Private healthcare and life assurance
• On-site private gym with instructor-led classes including boxing, yoga, and more
• Monthly company events and social activities