Quant Derivatives Trader

An established proprietary trading firm is seeking an experienced Quantitative Trader to develop and manage systematic strategies across liquid derivatives markets.

The firm is looking for a trader who combines quantitative research capability with direct ownership of live trading performance. Candidates must be able to demonstrate a repeatable edge, disciplined risk management and a detailed understanding of how their strategy uses capital.

Relevant products may include listed options, futures, equity derivatives, index derivatives and related underlying instruments.

Responsibilities:

• Research, develop and deploy systematic derivatives strategies.
• Take ownership of the strategy from initial research through live trading.
• Develop pricing, signal-generation and portfolio-construction models.
• Analyse volatility, market behaviour, liquidity and execution costs.
• Manage positions, exposures and portfolio-level risk.
• Monitor live performance and improve strategies without compromising their underlying edge.
• Work closely with developers and senior traders to strengthen research and execution capabilities.
• Identify new products and markets in which the strategy can be deployed.

Requirements:

• Professional quantitative trading experience at a proprietary trading firm, hedge fund or investment bank.
• A demonstrable live track record, supported by detailed performance information.
• Strong knowledge of derivatives pricing, trading and risk management.
• Experience developing systematic signals and production trading models.
• Strong Python, C++ or comparable quantitative programming skills.
• Detailed understanding of leverage, margin requirements, liquidity and strategy capacity.
• Ability to explain sources of PnL, drawdowns and performance across different market conditions.
• Strong commercial judgement and personal ownership of results.

Candidates should be prepared to discuss:

• Products and markets traded.
• Holding periods and trading frequency.
• Year-by-year PnL.
• Sharpe ratio and maximum drawdown.
• Capital, margin and leverage requirements.
• Strategy capacity and scalability.
• Personal contribution to research and live trading decisions.

The firm offers a competitive base salary together with meaningful participation in generated trading performance.

All applications and conversations will be handled in strict confidence.