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Experienced Options Trader

Akuna Capital
Posted 2 months ago, valid for 22 days
Location

Chicago, IL 60678, US

Salary

$145,000 per year

Contract type

Full Time

Paid Time Off

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Sonic Summary

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  • Akuna Capital is seeking experienced Options Traders to join their innovative trading firm, which specializes in liquidity provision as an options market-maker.
  • Candidates should have at least 1 year of market making experience and a Bachelor's Degree in a relevant field such as Engineering, Economics, or Mathematics.
  • The role involves managing a derivatives portfolio, collaborating with tech and quant teams, and optimizing algorithms for liquidity provision.
  • The minimum base salary for this position starts at $145,000, with potential variations based on experience and qualifications.
  • In addition to a competitive salary, the role offers a discretionary performance bonus and a comprehensive benefits package.

About Akuna: 

Akuna Capital is an innovative trading firm with a strong focus on collaboration, cutting-edge technology, data driven solutions, and automation. We specialize in providing liquidity as an options market-maker – meaning we are committed to providing competitive quotes that we are willing to both buy and sell. To do this successfully, we design and implement our own low latency technologies, trading strategies, and mathematical models. 

Our Founding Partnersfirst conceptualized Akuna in their hometown of Sydney. They opened the firm’s first office in 2011 in the heart of the derivatives industry and the options capital of the world – Chicago. Today, Akuna is proud to operate from additional offices in Sydney, Shanghai, London and Singapore.

What you'll do as an Options Trader at Akuna:

We are seeking experienced Options Traders to join our dynamic team at Akuna Capital. The ideal candidate will be a motivated individual with a desire to make an immediate impact at a growing firm. Akuna gives all new Traders the opportunity to learn from the most successful members of our trading team and apply their previously gained knowledge and experience quickly. In this role, you will:  

  • Profitably manage a derivatives portfolio and be responsible for dynamically managing risk to ensure portfolio is under prescribed risk limits 
  • Work with our technology and quant teams to ensure existing algorithms are functioning properly 
  • Analyze data to optimize parameters 
  • Introduce improvements to our algorithms to best provide liquidity 

Qualities that make great candidates:

  • 0-1+ years of market making experience (responsibility for PnL and risk)
  • Bachelor’s Degree in Engineering, Economics, Statistics, Mathematics, Computer Science, Actuarial Science or a related/equivalent field
  • Strong math aptitude, numerical, and quantitative analysis skills
  • Entrepreneurial self-starter ready to work in a fast paced, team environment
  • Passionate about problem-solving and finding creative solutions in an ever changing market 
  • The ability to communicate effectively and efficiently while fostering external professional relationships
  • Detail-oriented 
  • The ability to react quickly and accurately to rapidly changing market conditions, including the ability to quickly and accurately respond and/or solve math and coding problems are essential functions of the role

In addition to technical skillsets, Akuna values the unique perspectives people can bring to the table to collaboratively solve complex problems and drive Akuna forward. We want everyone to feel empowered to apply. We welcome your application and encourage you to take the first steps toward your future with us!

In accordance with Illinois Equal Pay Act, the minimum base salary starts at $145,000. Exact compensation offered may vary based on many factors including, but not limited to, the candidate’s experience, qualifications, and skill set. This role is also eligible for a discretionary performance bonus as part of the total compensation package and includes a comprehensive benefits package that may encompass employer-paid medical, dental, vision, retirement contributions, paid time off, and other benefits. The minimum base salary herein was determined in good faith by Akuna Capital LLC.




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