Systematic Vol Trader - Prop

Lead Systematic Trader, Index Vol

Candor Alpha is seeking Lead Systematic Trader as part of their elite index vol trading team in options market making, which is on a rapid expansion due to incredible performance.

This position is paying top % pay-outs in the market with huge career progression.

Lead a team of three quants working on various options market making strategies. Design algorithms, generate alpha, manage risk, execute trades systematically, and drive PnL with the team. This role offers an outstanding opportunity in leadership, strategy development and risk management in a team trading environment where collaboration and continuous improvement are greatly rewarded.

Responsibilities:

• Generate alpha, manage risk, execute trades, and drive PnL with an excellent team.
• Conduct research and experiments to improve existing trading strategies and deploy new strategies that monetize opportunities in a constantly evolving market environment.
• Build on existing research and trading experience to drive the profitability of a highly electronic trading operation.
• Build data-based tools and workflows to further systematize our approach to trading and risk management.

Skills Required:

• Experience as a quantitative trader working on option strategies
• PhD/ Masters is preferred in a highly analytical or technical field: Computer Science, Engineering, Math, Statistics, Physics, etc.
• Strong leadership and management skills
• Proficiency in Python and SQL
• Familiarity with market microstructure

Benefits and Incentives:

• Work for a business that prides itself on technology and developing bespoke high-performing trading platforms.
• Market-leading compensation and benefits and Pnl Split.
• Potential for substantial business impact.
• Working for a top-performing trading team, leading key areas and development.