Senior Block Options Trader

Global Trading Systems; Village of Pelham (NY); Ibrido; USD 225.000 - 325.000; Tempo pieno

Vantaggi offerti da questo lavoro

Daily Meal Allowance

Equinox Corporate Membership Rate

Snacks

Office Game Room

Casual Dress

Descrizione del lavoro

Global Trading Systems in the United States seeks an experienced Block Options Trader to build a block-options capability within Wholesale Market Making. You will price, facilitate and execute large options transactions, manage risk and capital, and establish GTS as a trusted liquidity provider for complex flows.

The role requires 5-10+ years of listed-options experience and deep pricing knowledge, with a focus on institutional counterparties.

Competenze

• 5-10+ years of professional listed-options trading experience.
• Experience pricing complex options structures and managing risk.
• Strong knowledge of single-stock and ETF options markets and cross mechanisms.

Mansioni

• Price, facilitate and execute large, complex options transactions including blocks and multi-leg strategies.
• Provide competitive markets for institutional inquiries and manage pricing strategy and capital commitment.
• Actively manage options risk across delta, gamma, vega, theta, skew and correlation.
• Design hedging strategies using equities, ETFs and options within risk limits.
• Build relationships with institutional and broker-dealer desks to provide liquidity.
• Partner with sales, quantitative and tech teams to strengthen pricing and execution.
• Support regulatory and exchange compliance in daily operations.
• Measure performance through client inquiries, volumes, and P&L metrics.

Conoscenze

Listed-options pricing

Volatility & Greeks

Risk management

Complex transaction pricing

Institutional client engagement

Cross-functional collaboration

Strumenti

Pricing systems

Descrizione del lavoro

Overview

GTS is seeking an experienced Block Options Trader to help build and grow a block-options trading capability within our Wholesale Market Making business. The role will provide liquidity and risk-transfer solutions to institutional, broker-dealer and wealth-management counterparties across single-name and ETF options. This is a risk-taking and franchise-building role, not simply an execution position. The trader will price, facilitate and execute large and complex transactions, commit capital where appropriate, manage the resulting volatility and directional risk, and help establish GTS as a trusted liquidity provider for difficult or capital-intensive options flow.

Responsibilities

• Price, facilitate and execute large and complex single-name and ETF options transactions - including blocks, multi-leg strategies, collars, covered calls, overwrites, spreads and stock-option packages, using the appropriate exchange, auction and crossing mechanisms.
• Provide competitive markets for institutional inquiries - and make disciplined decisions around pricing, risk, execution strategy and capital commitment.
• Assume and actively manage options risk - across delta, gamma, vega, theta, skew and correlation, incorporating event, earnings, dividend, borrow and liquidity considerations.
• Design and execute hedging strategies - using equities, ETFs and options while managing positions within established firm risk and capital limits.
• Build relationships with institutional, broker-dealer and wealth-management options desks - and become a reliable liquidity provider for complex, difficult or size-sensitive transactions.
• Partner with Wholesale Market Making sales and coverage teams - to grow client flow, improve win rates and expand wallet share.
• Help shape the block-options business strategy - including target products, counterparties, risk appetite, capital deployment and exchange/execution workflow.
• Partner with quantitative and technology teams - to strengthen volatility surfaces, theoretical pricing, execution, hedging and risk-management capabilities.
• Work across Risk, Compliance, Legal and Operations - to support a scalable business operating within applicable regulatory and exchange requirements.
• Measure business performance - across client inquiries, response and win rates, volumes, spread capture, hedging costs, P&L and return on capital.

Qualifications

The ideal candidate will have 5-10+ years of professional listed-options trading experience, preferably with a leading options market maker, bank, broker-dealer, institutional liquidity provider or high-touch options execution/facilitation business.

• Deep expertise in listed-options pricing, volatility, skew, term structure and Greeks.
• Demonstrated experience pricing complex transactions and managing meaningful options risk.
• Strong knowledge of single-stock and ETF options markets, including exchange crossing, facilitation, auction and price-improvement mechanisms.
• Strong quantitative judgment and the ability to make rapid risk and capital decisions with incomplete information.
• Commercial mindset and credibility with sophisticated institutional counterparties.
• Ability to partner effectively across trading, sales, quantitative, technology and risk teams.
• Existing relationships with wirehouse, wealth-management, institutional or broker-dealer options desks are highly desirable.

Please note: The use of AI tools during interviews isstrictly prohibited, unless explicitly agreed upon.

In accordance with New York City's Pay Transparency Law, the base salary range for this role is $225,000 to $325,000. Base salary does not include other forms of compensation or benefits.

Benefits:

Core Benefits: Medical, Dental, and Vision coverage with generous employer contribution for employees and dependents.401k match.

Perks: Daily Meal Allowance, Equinox Corporate Membership Rate, Snacks, Office Game Room, Casual Dress.

Hybrid Work Policy: 4 Days a Week in office, Fridays can be worked from home.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, or protected veteran status, and will not be discriminated againston the basis ofdisability.

Unsolicited resumes:

We do not accept unsolicitedheadhunterand agency resumes and will not pay fees to any third-party agency or company that does not have a signed agreement with GTS.