Experienced Index Options Trader

Valkyrie Trading; Chicago (IL); On-site; USD 150,000 - 230,000; Full time

Job summary

Valkyrie Trading is seeking an experienced index options trader with a proven track record in market-making and risk management. You will be responsible for all risk and PnL and will make critical real-time decisions using your market intuition and quantitative approach.

The role requires 3+ years of index options trading experience on a major American or European index, strong math skills, and a relentless drive to improve and innovate trading strategies.

Qualifications

• 3+ years index options trading experience on a major American or European index.
• 3+ years with responsibility for PnL and risk.
• 3+ years operating electronic market-making software.
• Robust ability to manage and assess risk in a derivatives portfolio.
• Passion for trading and financial markets.

Responsibilities

• Own all risk and PnL for the trading desk.
• Make critical real-time decisions based on market conditions.
• Collaborate with the index options team to refine strategies.

Skills

Index options trading

PnL responsibility

Risk management

Electronic market-making software

Quantitative reasoning

Team collaboration

Market intuition

Strategic innovation

Problem solving

Strong math ability

Tools

Electronic market-making software

Job description

Valkyrie Trading is a fast-growing boutique options market-making firm. We are seeking an experienced index options trader with a demonstrated history of success in market-making and risk management. You’ll have several years of experience trading a major American or European equity index, and you’ll bring strong market intuition in the index options space, quantitative rigor, and a team-oriented mindset to collaborate with our index options team.

In this role you will be responsible for all risk and PnL, and you’ll leverage your experience and knowledge in making critical decisions in real-time.

What You’ll Need:

• 3+ years index options trading experience on a major American or European index
• 3+ years with responsibility for PnL and risk
• 3+ years operating electronic market-making software
• A robust ability to manage and assess risk in a derivatives portfolio
• A passion for trading and financial markets
• Strong math and numerical aptitude
• Relentless desire to constantly improve
• A desire to develop and innovate the strategies and models that drive our trading activities
• A tenacious determination to problem solve