As a Quantitative Trader at Optiver, candidates will adopt an entrepreneurial approach to entirely manage their own trading portfolio. They’ll work in conjunction with Optiver’s Researchers and Developers to devise, improve, and optimize trading strategies.
Candidates with a technical academic degree, programming abilities, and a drive to excel are the ideal fit for this Quantitative Trader role.
ABOUT THE COMPANY
Optiver is a technologically driven trading firm and a leading global market maker. As one of the longest-serving market making entities, Optiver has developed trusted affiliations with more than 50 exchanges around the world. Optiver’s mission is to continuously enhance the market by supplying liquidity, delivering accurate pricing, boosting transparency, and acting as a stabilizing entity irrespective of the market conditions. With a focus on perpetual improvement, Optiver aids in the preservation of healthy and efficient markets for all market participants.
Optiver’s journey began in their Amsterdam office more than 35 years ago, starting with a single trader on the floor of Amsterdam’s European Stock Exchange. Since its inception in 1986, Optiver’s Amsterdam office has developed into one of the most vibrant and exciting trading floors in Europe. Their culture embodies Amsterdam’s progressive, innovative, and inclusive spirit, making it the ideal hub for their teams to trade a broad array of products from listed derivatives to cash equities, ETFs, bonds, and foreign exchange.
ROLE RESPONSIBILITIES
Optiver’s trading floor is considered one of the most dynamic and stimulating trading floors in Europe. As a Quantitative Trader, candidates will leverage internal and external data to create and execute strategies while managing the risk of the diverse portfolio of financial instruments they trade.
Optiver values Traders who initiate collaborative work with their technology and research divisions to enhance all their undertakings. In essence, as a Quantitative Trader, candidates will:
- Manage their own trading portfolio entrepreneurially
- Create and implement data-driven strategies in financial markets
- Control the risks of a diverse portfolio of financial instruments
- Pursue constant improvement in all their tasks Work closely with colleagues across various departments
Upon joining as a Quantitative Trader, candidates will participate in an intensive two-month training program alongside other newcomers and employees from different sectors within the organization. The first month will focus on theoretical fundamentals of pricing and the workings of the organization. The second month involves live simulation trading against peers. After completion of the training program, candidates will join one of Optiver’s trading teams. Optiver believes in learning through hands-on experience, which they provide in abundance.
CANDIDATE PROFILE
- Possesses an academic degree in Mathematics, Engineering, Physics, Econometrics, Computer Science, or equivalent
- Has sound programming skills, preferably in Python
- Holds a robust understanding of statistics, linear algebra, and probability Possesses exceptional numerical and analytical abilities
- Pays great attention to detail Has a proactive problem-solving attitude
- Exhibits a competitive spirit and a desire for constant self-improvement
WHAT OPTIVER OFFERS
Candidates will get the chance to start their career working with top-tier professionals from over 40 different countries. Additionally, Optiver offers exceptional secondary benefits such as 25 paid vacation days, fully paid first-class commuting expenses, training opportunities, discounts on health insurance, breakfast and lunch facilities, sports and leisure activities, Friday afternoon drinks, and even weekly in-house chair massages. Being an international organization, Optiver is experienced in assisting expats with their relocation, offering competitive relocation packages, and providing visa sponsorship when needed.
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.