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Options Market Maker

MavenChicago, Illinois, United States · Posted Jan 15, 2025
Full-timeEst. 175,000 USD
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Description

Maven is a market-leading proprietary trading firm deploying its own capital across discretionary, systematic, and market-making strategies. Backed by deep expertise in trading, technology, and research, we are relentlessly focused on improving liquidity across global listed derivatives. Through advanced execution and pricing technologies, we improve how financial markets operate.

THE ROLE: We are looking for ambitious and proactive Options Market Makers with a proven profit / risk management history to be a part of our expanding trading desk. The eligible candidate must be willing to trade a variety of instruments to help expand the expansion of our US office in Chicago.

RESPONSIBILITIES:

  • Day-to-day responsibility of the options book
  • Rigorous risk management and perfect compliance with regulatory rules
  • Improving strategies through analysis, prototyping and collaboration with developers
  • Proactive behavior in helping other books achieve their goals through observation and analysis of trading behavior
  • Designing and implementing new trading strategies
  • Openness to trading new products and willingness to set them up
  • To comply with all applicable Compliance policies, procedures, laws and regulations.

CANDIDATE SPECIFICATIONS:

  • Prior options trading experience
  • Successful track record of proven P&L and market share
  • Good understanding of trading systems
  • Outstanding numerical and analytical skills
  • Familiarity with automated options trading strategies and an interest in their development
  • Proactive interest in improving existing trading strategies and identifying new opportunities
  • Ability to take a high level of responsibility in an expanding, highly successful firm
  • Excellent attention to detail
  • Fast problem solving skills
  • Embodiment of Maven’s core values: Integrity and fairness, market leading, creativity, individual and collective success, discipline and accountability
  • Programming skills (desirable)
  • Experience using AI-powered tools to improve efficiency and workflows.

Our Benefits

At Maven our goal is to create an environment that empowers and motivates our employees to maximize their potential. Our comprehensive benefits package is designed to optimize performance, reward our employees, and allow them time to pursue their passions.

Benefits at Maven include medical, dental, and vision coverage for employees and their dependents, employer paid short term and long term disability and life insurance, as well as paid parental leave. Maven also offers retirement plans with an employer match and an annual learning and development stipend for all employees.

Compensation

Salary Range: $150000 - $200000, plus a discretionary bonus.

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