Volatility Trader

Mint Tower Capital Management; Amsterdam; On-site; EUR 120,000 - 190,000; Full time

Benefits offered by this job

25 holidays and option to purchase

Inhouse gym

Educational reimbursement plan

Performance rewarded environment

Job summary

Mint Tower Capital is seeking a Volatility Trader to join its volatility team in Amsterdam. The role focuses on actively identifying and pursuing opportunities in the volatility universe, trading single-stock options around catalysts, and implementing RV/dispersion strategies.

We value deep knowledge of single-stock vol mechanics, strong Python-based analysis, and a track record of profitable PnL along with disciplined risk management. Collaboration and execution excellence are essential.

Qualifications

• 4+ years of hands-on trading or market-making experience focusing on equity derivatives with a demonstrated PnL/execution track record.
• Deep familiarity with single-stock volatility surface mechanics and event-driven dispersion/trading.
• Strong quantitative skills with practical Python capabilities for surface slicing, data analysis, and backtesting.
• Collaborative, commercially accountable mindset with risk budgeting awareness.

Responsibilities

• Actively identify and pursue opportunities within the volatility universe.
• Position and trade single-stock options around catalysts (earnings, CMDs, corporate actions).
• Structuring and executing RV & dispersion strategies across single-name and index exposures.
• Manage risk, delta/gamma hedging, and multi-book optimization.

Skills

Equity derivatives

Volatility trading

Python for data analysis

Execution & PnL discipline

Risk management

Tools

Python

Job description

Mint Tower Capital is an investment boutique based in Amsterdam that manages over 1.2 billion USD and is growing rapidly. Our flagship fund, the Mint Tower Arbitrage Fund, is a multi-strategy arbitrage fund that manages investments across multiple asset classes such as fixed income, equities, convertible bonds and equity derivatives.

Founded in 2010 by four partners, Mint Tower Capital has grown considerably and now actively manages assets for clients around the globe. We do so with a team of more than 40 hardworking, experienced specialists. Teamwork at Mint Tower is more than 40 individuals working side by side. It is about creating a culture in which we work hard, challenge each other’s ideas, look for new opportunities together using each other’s expertise and skills, look at the overall performance in combination with the performance per strategy, and cultivate a strong drive for performance combined with humor and a down-to-earth attitude.

Volatility Trader

Mint Tower is looking for a Volatility Trader to join its Volatility team. In this role, you will actively identify and pursue opportunities within the volatility universe.

Primary Focus

• Actively positioning and trading single-stock options by identifying opportunities in volatility skew, term structure, and dispersion, while taking direct ownership of execution around company-specific catalysts such as earnings announcements, Capital Markets Days, mergers and acquisitions, and other special situations.
• Relative Value & Dispersion: Structuring and executing multi-legged single-stock vs. index dispersion and cross-name RV strategies.
• Trade Identification: Sourcing dislocations through flow monitoring, positioning diagnostics, and fundamental-catalyst mapping.
• Portfolio & Risk Operations: Managing dynamic delta/gamma hedging, capital/margin efficiency, funding costs, and multi-book optimization.

Position Requirements

• Experience: Minimum 4+ years of hands-on trading or market-making experience focusing on equity derivatives, with a demonstrated PnL/execution track record in single-stock volatility.
• Single-Stock & Event Know-how: Deep familiarity with single-stock vol surface mechanics, execution friction/liquidity in single-name options, dispersion mechanics, and trading through binary/idiosyncratic events (earnings, CMDs, corporate actions). Less focus on academic/theoretical pricing models; heavy emphasis on execution edge, risk appetite, and relative value judgment.
• Quantitative Skills: Solid quantitative foundation with practical Python (or equivalent) capabilities for surface slicing, flow/data analysis, and scenario backtesting.
• Mindset: Collaborative, commercial, and commercially accountable; capable of managing risk budget independently while contributing to overall desk Sharpe/drawdown objectives.

What we offer

In addition to working in a great team with experienced volatility and fixed income traders we offer you benefits including:

• 25 holidays and the option to purchase additional days
• Access to an inhouse gym
• Educational reimbursement plan
• Performance rewarded environment

Unsolicited approaches from recruitment agencies or recruiters will not be considered.