Senior Block Options Trader & Liquidity Provider

Global Trading Systems; New York (NY); Hybrid; USD 225,000 - 325,000; Full time

Benefits offered by this job

Medical, Dental and Vision coverage

401k match

Daily Meal Allowance

Equinox Corporate Membership Rate

Snacks

Office Game Room

Casual Dress

Job summary

Global Trading Systems seeks an experienced Block Options Trader to build and grow a block-options trading capability within our Wholesale Market Making business. The role provides 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 merely an execution position. The trader will price, facilitate and execute large and complex transactions, manage

Qualifications

• 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.

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.
• 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.

Skills

Options pricing

Volatility

Skew

Greeks

Quantitative judgment

Commercial mindset

Job description

Global Trading Systems seeks an experienced Block Options Trader to build and grow a block-options trading capability within our Wholesale Market Making business. The role provides 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 merely an execution position. The trader will price, facilitate and execute large and complex transactions, manage