Senior Index Volatility Trader

IMC Trading; Chicago (IL); On-site; USD 175,000 - 250,000; Full time

Job summary

A leading trading firm is seeking a Senior Index Volatility Trader to enhance their volatility trading strategies. Responsibilities include maximizing revenue through mispricing, managing market risks, and collaborating with a dynamic team. Candidates should have at least 2 years of experience in volatility trading, programming skills, and a strong analytical background. This role offers competitive compensation and is ideal for those with a proactive mindset.

Qualifications

• 2+ years of experience as an Index Volatility Trader.
• Demonstrated success managing positions and risk for a large Index Options Desk.
• Experience with programming, preferably in Python.
• Proven ability to work in a fast-paced and competitive environment.

Responsibilities

• Maximize revenue by identifying mispricing and managing positions.
• Take ownership of executions to drive the Index Options strategy.
• Collaborate with the team to develop expertise in the Index Options space.

Skills

Index Volatility Trading

Risk Management

Programming in Python

Analytical Skills

Entrepreneurial Mindset

Education

BS, MS, or PhD in business, economics, or STEM

Job description

Join to apply for the Senior Index Volatility Trader role at IMC Trading

This range is provided by IMC Trading. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$175,000.00/yr - $250,000.00/yr

Overview

The Index Options Team is seeking a Senior Index Volatility Trader to contribute to their volatility valuation, detailed execution, and fast-growing technology. This individual will contribute to their ability to properly price volatility and take market risks, with the hopes of growing into a leading volatility trading desk in the marketplace.

Your Core Responsibilities

• Maximize revenue by identifying and monetizing short and long-term mispricing, as well as managing the resulting positions
• Take on responsibility and ownership of your executions to drive the Index Options strategy forward
• Collaborate with the team to develop a deep level of expertise and innovation in the Index Options space

Your Skills and Experience

• 2+ years of experience as an Index Volatility Trader
• Demonstrated success managing positions and risk for a large Index Options Desk
• Experience with programming, preferably in Python
• Proven ability to work in a fast-paced and competitive environment with an entrepreneurial mindset
• Deep understanding of analytics and the fundamental drivers of volatility dynamics
• BS, MS, or PhD, preferably in business, economics, or STEM is required

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Finance

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