Junior Options Trader

Banyak Group; Chicago (IL); Sur place; USD 80 000 - 110 000; Plein temps

Résumé du poste

Banyak Group in Chicago is seeking a Junior Options Market Maker to work closely with senior traders and engage in market making and proprietary trading of Agricultural options. You will develop and test strategies, and help optimize trading processes in a hands-on, collaborative setting.

This role offers exposure to automated and discretionary strategies, post-trade analysis, and collaboration with the technology team in a fast-paced, team-oriented environment.

Qualifications

• Bachelor’s degree in a related field; advanced degrees are a plus.
• Proficiency in Excel, Python, and statistical modeling.
• Demonstrated success in managing multiple tasks in a high-pressure, fast-paced environment.
• Experience in decision-making and risk management.

Responsabilités

• Develop and execute new automated and discretionary trading strategies.
• Partner with senior traders to design strategies, refine processes, and manage impactful projects.
• Enhance trading operations in collaboration with the technology team.
• Conduct post-trade analysis and perform portfolio performance reviews.

Connaissances

Options market making

Entrepreneurial mindset

Problem solving

Trading metrics understanding

Team communication

Formation

Bachelor’s degree in related field

Advanced degree a plus

Outils

Excel

Python

Statistical modeling

Description du poste

Prop Trading firm is seeking a Junior Options Market Maker to work closely with senior traders and engage in market making and proprietary trading of Agricultural options. This hands-on role provides an exceptional opportunity to build your skills, innovate strategies, and thrive in a dynamic, fast-paced, and team-oriented environment.

Responsibilities:

• Develop and execute new automated and discretionary trading strategies.
• Partner with senior traders to design strategies, refine processes, and manage impactful projects.
• Enhance trading operations in collaboration with the technology team.
• Conduct post-trade analysis and perform portfolio performance reviews.

Skills and Competencies:

• At least 1 year of experience in options market making.
• A passion for financial markets, a competitive mindset, and an entrepreneurial spirit.
• Strong problem-solving skills, multitasking abilities, and a proactive approach to ownership.
• Comprehensive understanding of trading metrics, environments, and market behavior to make informed decisions.
• Effective communication and the ability to thrive in a team-oriented environment.

Qualifications:

• Bachelor’s degree in a related field; advanced degrees are a plus.
• Proficiency in Excel, Python, and statistical modeling.
• Demonstrated success in managing multiple tasks in a high-pressure, fast-paced environment.
• Experience in decision-making and risk management.