Macro Analyst

Optiver; Chicago (IL); On-site; USD 180,000 - 220,000; Full time

Benefits offered by this job

401(k) match up to 50%

Global profit-sharing pool

Extensive office perks including meals and events

25 paid vacation days

Job summary

Optiver’s Index Options Market Making team in Chicago is looking for an Equity Index Macro Analyst. In this role, you will provide research and trade recommendations based on macro events and their impact on equity indices. You will work directly on the trading desk, influencing daily trading decisions.

The ideal candidate will have at least 5 years of relevant experience and a Bachelor’s degree. A competitive compensation package, including comprehensive health coverage and 25 paid vacation days, is offered.

Qualifications

• Minimum 5 years of experience analyzing macro events' impact on equity indices.
• Fluency in English with effective communication skills.
• Familiarity with database platforms like Bloomberg and Reuters.

Responsibilities

• Leverage macro events and market positioning for trade recommendations.
• Work with Traders and Analysts to identify trading opportunities.
• Monitor real-time events affecting equity index products.

Skills

Analyzing macro events

Knowledge of equity index markets

Research skills

Problem-solving

Communication skills

Education

Bachelor’s degree

Tools

Bloomberg

Reuters

Job description

Optiver’s Index Options Market Making team is looking for an Equity Index Macro Analyst to provide research and trade recommendations on macro events and their impact on equity index markets. Ideal candidates will have a self‑starter and competitive mentality and are excited by the opportunity to bring their knowledge and skills to a growing team.

A thoughtful and proactive approach to risk‑taking is essential to succeed in this role. You will play a critical role on our team and have the opportunity to make a material impact to the firm’s PnL. You will sit directly on the trading desk, where you will be able to influence trading decisions and positions on a daily basis.

What you’ll do

• Leverage macro events, structural flows, and market positioning to provide research and trade recommendations for equity index products.
• Work closely with Traders and Analysts to creatively solve problems and identify new trading opportunities.
• Analyze and generate a theoretical value for each major macro event and its impact on equity indices.
• Generate trade ideas based on this theoretical value and market positioning.
• Monitor and analyze structural flows and positioning in equity index markets and their impact on prices.
• Collaborate intra‑firm with other macro analysts to develop event theos.
• Monitor and analyze the evolution of real‑time events and their impact on equity index products.
• Interface with connections through industry to better understand the macro picture and equity market structure.

What you’ll get

• The opportunity to work alongside best‑in‑class professionals from over 40 different countries.
• Highly competitive compensation package.
• Global profit‑sharing pool and performance‑based bonus structure.
• 401(k) match up to 50%.
• Comprehensive health, mental, dental, vision, disability, and life coverage.
• 25 paid vacation days alongside market holidays.
• Extensive office perks, including breakfast, lunch and snacks, regular social events, clubs, sporting leagues and more.

Who you are

• Minimum of Bachelor’s degree.
• At least 5 years of experience analyzing macro events and their impact on equity index markets (SPX, NDX, and related products).
• An understanding of how events and changes in Fiscal and Monetary Policy impact equity indices and market volatility.
• Knowledge of structural flows and positioning dynamics in equity index markets and how they influence price action.
• A thorough understanding of the broader macro landscape and its transmission mechanisms to equity markets.
• Fluency in English with highly effective verbal and written communication skills.
• Experience in identifying emerging opportunities and risks.
• Familiarity with various research/database platforms (Bloomberg, Reuters, etc).
• Legal authorization to work in the U.S. is required; we will not sponsor individuals for employment authorization for this job opening.

Who we are

At Optiver, our mission is to improve the market by injecting liquidity, providing accurate pricing, increasing transparency and stabilizing the market no matter the conditions. With a focus on continuous improvement, we prioritize safeguarding the health and efficiency of the markets for all participants. As one of the largest market making institutions, we are a respected partner on 100+ exchanges across the globe.

We do not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, physical or mental disability, or other legally protected characteristics.

Base Salary Range

$200,000—$200,000 USD