Senior Index Options Trader

Responsibilities

• Managing a portfolio of listed options products
• Collaborating with other traders and quantitative researchers to optimize existing strategies
• Working with developers to improve systems, latency, and execution
• Identifying and monetizing new trading opportunities
• Mentoring junior traders and/or quantitative researchers

Qualifications

• 3+ years of experience on a high volume share index options market-making desk
• Expertise in capturing opportunities from both short-term and long-term dislocations in volatility pricing
• Deep understanding of the risks involved in managing a large index options portfolio
• Experience in operating, optimizing, and iteratively improving distributed automated trading systems
• Knowledge of various exchange protocols to achieve best execution
• Ability to work in a fast-paced, high-pressure environment
• Passion and drive to take a leading role in a growing options business
• Relevant programming experience, preferably in Python and/or C++
• Excellent attention to detail

Pay

Anticipated New York annual base salary range $120,000-180,000, plus eligible for discretionary bonus

Benefits

• Generous paid time off policies
• Savings plans and other financial wellness tools available in each region
• Hybrid working opportunities
• Free breakfast, lunch, and snacks daily
• In-office wellness experiences and reimbursement for select wellness expenses (e.g., gym, personal training and more)
• Company-sponsored sports teams and fitness events (JPM Corporate Challenge, Cycle for Survival, Wall Street Rides FAR and more)
• Volunteer opportunities and charitable giving
• Social events, happy hours, treats, and celebrations throughout the year
• Workshops and continuous learning opportunities

Company Information

Tower Research Capital is an equal opportunity employer.