Options Quantitative Researcher / Trader

Fionics; New York (NY); On-site; USD 300,000 - 700,000; Full time

Job summary

Fionics, a world‑leading systematic trading firm, is hiring for options research, pricing and trading roles in the US. You will research and build options trading strategies and pricing models, work on volatility, pricing and risk across listed options, and help translate ideas from research into live trading with traders and engineers.

Ideal candidates have 2–6 years in options research/pricing/trading, experience at an options market maker or prop trading firm, a strong maths or statistics

Qualifications

• 2–6 years of experience in options research, pricing or trading.
• Experience at an options market maker or prop trading firm.
• Strong maths or stats background; proficient in Python and/or C++.

Responsibilities

• Research and develop options trading strategies and pricing models.
• Work on volatility, pricing and risk for listed options.
• Translate research ideas into live trading with traders and engineers.

Skills

Python

C++

Mathematics

Statistics

Trading experience

Market making

Job description

We're hiring for one of the world's leading systematic trading firms, which is growing its options business. They've already made several hires and are looking to add 5-8 more across research, pricing and trading.

There are two teams hiring. One covers fixed income and index options, and the other covers single-stock options.

What you'll do

• Research and build options trading strategies and pricing models
• Work on volatility, pricing and risk across listed options
• Take ideas from research into live trading, working closely with traders and engineers

What they're looking for

• 2-6 years' experience in options research, pricing or trading
• Experience at an options market maker or prop trading firm. Firm size doesn't matter; strong people from smaller shops are welcome
• Strong maths or stats background, plus good Python and/or C++
• Based in New York or Chicago, or willing to relocate

Why it's worth a look

• Total compensation of around $300k-$700k, depending on experience
• The resources, data and technology of one of the biggest names in systematic trading
• A growing team, so there's room to have real impact