Emerging Trader - Equities & Options Market Making

Walleye Capital Full Time; Iowa (LA); On-site; USD 170,000 - 230,000; Full time

Benefits offered by this job

Competitive bonus

Comprehensive benefits package

Job summary

Walleye Capital, a leading multi-strategy investment firm, is seeking a Junior Trader for its Minnesota-based market making team. You will learn and operate proprietary trading systems, monitor equities and options, and identify trading opportunities under senior guidance.

The role emphasizes analytical, quantitative thinking and disciplined risk management, with potential to gradually assume independent responsibility and scale the book of names.

Qualifications

• 3-7 years of trading experience in options market making or a closely related trading role.
• Strong understanding of equity options, volatility, pricing, and market making concepts.
• Experience using market making software, trading platforms, and risk management systems.
• Bachelor’s degree in a related quantitative field.

Responsibilities

• Learn and operate the team’s proprietary market making software, trading tools, and risk management systems.
• Monitor equities and equity options throughout the trading day and identify potential trading opportunities.
• Research individual equities, options, volatility, and relevant market developments.
• Maintain accurate theoretical values, pricing assumptions, and risk parameters across assigned symbols.
• Monitor positions and exposures and make adjustments consistent with the team’s risk framework.
• Analyze market trends, volatility, liquidity, and other factors that may impact trading strategies.
• Manage a book of equities and options under the guidance of senior traders, with the goal of ultimately assuming independent responsibility.
• Collaborate closely with senior traders, developers, and researchers to improve trading strategies, tools, and overall performance.
• Identify opportunities to improve pricing, execution, risk management, and trading processes.
• Maintain accurate trading records and contribute to performance and risk reporting.
• Operate effectively in a fast-paced environment where accuracy, responsiveness, and attention to detail are critical.

Skills

Options market making

Analytical skills

Quantitative skills

Teamwork

Communication

Education

Bachelor’s degree in Finance, Economics, Mathematics, Statistics, Engineering, Computer Science

Tools

Market making software

Trading platforms

Risk management systems

Job description

Walleye Capital, a leading multi-strategy investment firm, is seeking a Junior Trader for its Minnesota-based market making team. You will learn and operate proprietary trading systems, monitor equities and options, and identify trading opportunities under senior guidance.

The role emphasizes analytical, quantitative thinking and disciplined risk management, with potential to gradually assume independent responsibility and scale the book of names.