Gold and Precious Metals Options Trader

G 20 Advisors Ag; Hong Kong; On-site; HKD 1,500,000 - 2,800,000; Full time

Job summary

G-20 Group is seeking a Gold and Precious Metals Options Trader in Hong Kong to manage and optimize a discretionary options portfolio. You will work with a team of traders, quants, and developers to enhance pricing models, refine strategies, and drive risk-adjusted returns in a fast-paced market.

The ideal candidate has a proven multi-year PnL track record, deep knowledge of commodities options and volatility trading, and strong data-driven decision making.

Qualifications

• Degree in Finance, Mathematics, Physics, Computer Science, Engineering, or related field.
• Strong background in commodities/precious metals options trading and pricing theory.
• Proven track record of generating profits (PnL > $2m annually) for 3+ years.
• Experience with quantitative trading and data-driven decisions.
• Excellent communication and collaboration across teams.
• Ability to work in fast-paced, high-volatility markets.

Responsibilities

• Develop, implement, and refine options trading strategies across precious metals.
• Analyze market microstructure, order flow, and volatility to identify trading opportunities.
• Collaborate with quants and developers to improve pricing models and execution tools.
• Manage portfolio Greeks and adjust hedges as conditions change.
• Monitor risk and ensure best execution across listed, OTC, and physical/spot markets.
• Contribute to trading infrastructure and data pipelines.
• Stay informed on macro data, policy, and safe-haven demand.

Skills

Precious metals options trading

Options pricing theory

Quantitative trading

Data analysis

Analytical thinking

Collaboration

Education

Degree in Finance/Math/Physics/CS/Engineering

Tools

Python

Excel/VBA

SQL

Job description

About G-20

G-20 Group is a cross-asset trading firm headquartered in Switzerland, trading delta-one and derivatives markets globally. We combine startup agility with institutional-grade experience in proprietary trading, technology, and quantitative finance.

Role Overview

As a Gold and Precious Metals Options Trader at G-20, you willbe responsible formanaging andoptimizinga discretionary precious metals options portfolio. You will collaborate with a team of traders, quantitative researchers, and developers to enhance pricing models, refine trading strategies, and drive superior risk-adjusted returns. This role offers a unique opportunity to contribute to G-20's continued expansion within a fast-paced and dynamic trading environment.

Key Responsibilities

• Develop, implement, and refine options trading strategies across precious metals (gold, silver, platinum, and palladium).


• Analyze market microstructure, order flow, and volatility dynamics (including skew, term structure, and implied vs. realized volatility) toidentifyand capitalize on trading opportunities.


• Collaborate with quantitative analysts and developers to improveoptionspricing models, hedging algorithms, and execution tools.


• Maintain strong awareness of central bank policy, real yields, US dollar strength, inflation data, central bank gold reserves, and safe-haven demand dynamics that influence precious metals and volatility markets.


• Execute trades with precision across listed and OTC precious metals options, futures, and physical/spot markets, ensuring best execution and liquidity management.


• Manage portfolio Greeks (delta, gamma,vega, theta) and adjust hedges dynamically in response to changing market conditions, including around key macro data releases, central bank meetings, and geopolitical events.


• Contribute to the continuous enhancement of G-20's trading infrastructure, data pipelines, and analytical frameworks.


• Monitor portfolio performance and risk metrics, providing regular feedback on strategy effectiveness and market impact.

Requirements

• Degree in Finance, Mathematics, Physics, Computer Science, Engineering, or a related field from a top-tier university.


• Strong background in commodities/precious metals options trading with a solid understanding of options pricing theory, volatility trading, and relevant strategies. Experience in high volatility asset classes andleveragedtrading is essential.


• Proventrack recordof generating consistent profits (PnL>$2m annually for more than 3 years).


• Experience with quantitative trading and the ability to apply data analysis to trading decisions.


• Exceptional analytical and problem-solving abilities, capable of making quick, data-driven decisions.


• Excellent communication and collaboration skills, with the ability to collaborate effectively across teams.


• Demonstration of a results-driven, proactive, and self-motivated approach.

Preferred / Desirable Experience

• Experience in a proprietary trading, market-making, or hedge fund environment.


• Familiarity with automation and algorithmic execution strategies for options.


• Proficiencywith trading and analytical tools (e.g.Python, Excel/VBA, SQL).

Right towork:

This role can be based out of our Zurich, London, New York or Hong Kong office. Only candidates who possess the pre-existing right to work in one of the locations above without company sponsorship need apply.

Join G-20Groupand be a part of a team that is at the forefront of financial markets, driving innovation and excellence in the sector.