Optiver Services US LLC seeks a Trader at its facility located at 130 E Randolph Street, Suite 1400, Chicago, Illinois, 60601. Responsible for day-to-day management of trading for the options market-making desk. Contributes to the positional management and strategy of the desk with multi-million-dollar annual profit and loss targets. Adjusts parameters of trading algorithms and makes trading decisions within the framework of the desks' established trading strategy. Optimizes the parameterization of trading strategies, makes improvements to strategy design, and implements these improvements. Documents and ensures communication of key risks. Develops solutions to automate operational tasks and mitigate operational risk.
REQS: This position requires a Bachelor’s degree, or foreign equivalent, in Business Administration, Actuarial Science, or related degree, plus 2 years of work experience with market-making within the financial industry. In the alternative the employer will accept an Associate’s degree, or foreign equivalent, in Business Administration, Actuarial Science, or related degree, plus 3 years of work experience with market-making within the financial industry. Per 20 CFR 656.17(h)(4), any suitable combination of education, training, or experience is acceptable. Additionally, the applicant must have professional experience with:
(1). Options market making and positional trading strategies;
(2). Automating trading tasks and implementing trading strategies;
(3). Using Onetick and Python for options trading analysis and automation;
(4). Diving into automated trading systems code and logic to optimize trading strategies;
(5). Developing trading strategies with proven PNL track record or PNL track record of improvement with PNL increase;
(6). Managing risk and pricing around major economic events; and
(7). Domain knowledge of exchange and trading system microstructure.