Gold and Precious Metals Options Trader

G-20 Group; New York (NY); On-site; USD 300,000 - 420,000; Full time

Job summary

G-20 Group seeks a Gold and Precious Metals Options Trader to manage a discretionary portfolio and collaborate with quants and developers to refine pricing models and trading strategies.

You will execute trades across listed and OTC options, monitor Greeks, and hedge dynamically in a fast-paced, global environment, contributing to infrastructure and analytics.

Qualifications

• Degree in Finance, Mathematics, Physics, Computer Science, Engineering or related field.
• Strong background in commodities/precious metals options trading with pricing theory and volatility trading.
• Proven track record of generating profits (PnL > $2m annually for 3+ years).
• Experience with quantitative trading and data-driven decision making.

Responsibilities

• Develop, implement, and refine options trading strategies across precious metals.
• Analyze market microstructure, volatility dynamics, and opportunity sets.
• Collaborate with quants and developers to improve pricing models and hedging algorithms.
• Execute trades across listed/OTC options, futures, and physical/spot markets with best execution.
• Monitor portfolio Greeks and adjust hedges in response to macro data and events.
• Contribute to trading infrastructure, data pipelines, and analytics.

Skills

Quantitative trading

Options trading

Portfolio risk management

Python

Data analysis

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 will be responsible for managing and optimizing a 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) to identify and capitalize on trading opportunities.
• Collaborate with quantitative analysts and developers to improve options pricing 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 and leveraged trading is essential.
• Proven track record of 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.
• Proficiency with trading and analytical tools (e.g. Python, Excel/VBA, SQL).

Right to work

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