Quantitative Strategist » Senior Strategist for Automated Options Market Making

Senior Strategist for Automated Options Market Making

Location: Chicago
$1,000,000-2,000,000

Description:

HRG is working with a top proprietary market making firm that is recognized internationally as a leading provider of pricing and liquidity on all U.S. derivatives exchanges. We have been hired to help them find the best senior quantitative options strategist who will lead the effort to build and run the equity options market making desk.

This is an opportunity to start a new initiative from the ground up within a highly successful existing trading group. Responsibilities include:

  • Formulating and driving the implementation of the initial strategies
  • Setting the course for initial business strategy
  • Evaluating potential for acquiring directed client options flows
  • Ultimately responsible for options MM P/L
  • Recruiting and managing additional team members

Requirements:

  • Excellent understanding of vanilla equity options modeling
  • Excellent understanding of equity options markets and their microstructure
  • Ability to understand potential client issues and help identify client opportunities
  • Ability to assist sales effort in attracting options flow from the firm's existing client base, as well as new prospects

Job Reference #: CJ182

The Hagan-Ricci Group
Phone: (212)-681-6333
http://www.hrg.net