Derivatives Trader | New York, NY, USA

Anson McCade • Full-time • New York, NY, US • $130k - $150k / year • 7h ago

My client, a leading quant hedge fund, is seeking a highly motivated Derivatives Trader to join their trading team. This is an opportunity for an individual with prior derivatives trading experience to take on a role with direct PnL responsibility and the chance to manage risk in their own book.

Please note: While this role is posted for New York, my client is also hiring for the same position in London.

Key Responsibilities:
• Trade discretionary strategies across derivatives markets, with a focus on volatility and macroeconomic events. • Manage risk and generate PnL within your own trading book. • Conduct research, analysis and strategy development across multiple asset classes, including equities, FX, rates, commodities, and credit. • Collaborate closely with other traders and researchers to share insights and develop cross-asset strategies. • Build and enhance trading tools, models and analytics in Python to support decision-making and execution.

Candidate Profile:
• Experience: Up to 3 years of relevant trading experience in derivatives (options market making firm, hedge fund, or front-office investment bank role). • Derivatives Knowledge: Strong understanding of options and volatility products; experience trading around macroeconomic events is highly desirable. • Technical Skills: Proficiency in Python for research, data analysis, and tool development. • Collaboration: Team-oriented with a willingness to contribute ideas and learn from experienced colleagues across markets.

What My Client Offers:
• The opportunity to run your own book with meaningful risk limits and PnL responsibility. • Exposure to a wide range of asset classes and derivative markets. • A collaborative environment that encourages knowledge-sharing and innovation. • Competitive compensation package with strong performance incentives.