Preparing for your next Quant Interview?
Practice Here!
OpenQuant
2023-11-20

Commodities Spreads / Rolls Trader

logo
Optiver
Commodities Spreads / Rolls Trader
London, GB
Apply Now
Job Description

From its Commodities headquarters in London, Optiver is seeking an experienced Commodities Spreads / Rolls Trader to lead / assist in the setup of this new desk. The role will trade commodity rolls in a discretionary/semi-systematic or fully systematic way using fundamental and/or other signals as part of the Commodities team. To excel, you will have access to world class trading tech and be supported by top talent globally. You will be granted freedom to steer the growth of the business and work within Optiver’s renowned highly collaborative environment.

Who we are:

Optiver is a tech-driven trading firm and leading global market maker. As one of the oldest market making institutions, we are a trusted partner of 50+ exchanges across the globe. Our mission is to constantly improve the market by providing liquidity, providing accurate pricing, increasing transparency and acting as a stabilising force no matter the market conditions. With a focus on continuous improvement, we participate in the safeguarding of healthy and efficient markets for everyone who participates.

As one of the world’s major financial centres, London was selected as the home of Optiver’s FX trading business, our UK-focused Institutional Trading Team and rapidly growing Commodities trading arm. Optiver UK is located in a city that bridges European, Asian and American time zones, connecting our regional offices and embracing a truly global mindset. London is one of the most diverse cities in the world, and is home to some of the best museums, a thriving international restaurant scene and bustling high streets that attract people from all over the globe.

What you’ll do:

The role will trade commodity rolls in a discretionary/semi-systematic or fully systematic way using fundamental and/or other signals as part of the Commodities team.
This will include:

  • Establish rolls trading desk within London office to trade commodity rolls both internally and externally
  • Guide or conduct the research and development of models to develop trading signals
  • Work with Risk to build a risk adequate risk management frameworks
  • Collaborate with fundamental analysts to develop models and generate positional views
  • Employ knowledge and tech of with existing options trading desks to leverage Optiver infrastructure
  • Helping hire the right talent to expand the team: traders, analysts, researchers
  • Training junior traders that join the desk

Who you are:

Essential:

  • Experience trading commodities spreads/rolls
  • Entrepreneurial spirit and interest in building a trading business
  • A track record in risk-taking and risk management

Desirable:

  • Experience of trading multiple commodities
  • Coding and data science proficiency - ability to clean data and conduct research independently

What you’ll get:

At Optiver UK, you will be part of a well-established and high-performing global firm whilst experiencing the excitement that comes from a growing operation. As our London operations grow, the opportunity to make a global impact and take your career to a new level expands with it. We offer a supportive environment for you to perform at your best. Some of our key benefits

Include:

  • Competitive remuneration via our performance based bonus structure. We combine our profits across desks, teams and offices into a global profit pool fostering a truly collaborative environment to work in.
  • 27 paid vacation days (plus UK public holidays)
  • Daily onsite breakfast and lunch
  • Paid commuting expenses (home to office)
  • 50% paid gym subscription
  • Private medical insurance
  • Pension scheme
  • Training, conference attendance and continuous learning opportunities
  • International transfer opportunities

How to apply:

Apply directly via the form below and please provide us with a CV in English. Should there be a potential match, a member of our team will reach out sooner rather than later. If you have any additional questions, please feel free to reach out to recruitment@optiver.uk.

When applying for a role with Optiver UK Limited, the recruitment process is run via our Optiver global recruitment team. The personal data you will submit as part of the recruitment process may be processed in the UK, US and the Netherlands. By continuing with your application you hereby consent to your personal data being processed in these locations. More information on how Optiver processes your personal data can be found in our[ Privacy Policy.](https://www.optiver.com/content/uploads/files/document/Privacy- statement-12-2019.pdf?mtime=20200124172956)

_DIVERSITY STATEMENT: _

As an intentionally flat organisation, we believe that great ideas and impact can come from everyone. We are passionate about empowering individuals and creating diverse teams that thrive. Every person at Optiver should feel included, valued and respected, because we believe our best work is done together.

Our commitment to diversity and inclusion is hardwired through every stage of our hiring process. We encourage applications from candidates from any and all backgrounds, and we welcome requests for reasonable adjustments during the process to ensure that you can best demonstrate your abilities.

Share this job
Share On
Apply Now