Macro Analyst

Optiver • Chicago, IL

10d • Onsite

About The Position

Optiver’s Index Options Market Making team is looking for an Equity Index Macro Analyst to provide research and trade recommendations on macro events and their impact on equity index markets. Ideal candidates will have a self-starter and competitive mentality and are excited by the opportunity to bring their knowledge and skills to a growing team. A thoughtful and proactive approach to risk-taking is essential to succeed in this role. You will play a critical role on our team and have the opportunity to make a material impact to the firm’s PnL. You will sit directly on the trading desk, where you will be able to influence trading decisions and positions on a daily basis.

Requirements

• Minimum of Bachelor’s degree.
• At least 5 years of experience analyzing macro events and their impact on equity index markets (SPX, NDX, and related products).
• An understanding of how events and changes in Fiscal and Monetary Policy impact equity indices and market volatility.
• Knowledge of structural flows and positioning dynamics in equity index markets and how they influence price action.
• A thorough understanding of the broader macro landscape and its transmission mechanisms to equity markets.
• Fluency in English with highly effective verbal and written communication skills.
• Experience in identifying emerging opportunities and risks.
• Familiarity with various research/database platforms (Bloomberg, Reuters etc).
• Legal authorization to work in the U.S. is required; we will not sponsor individuals for employment authorization for this job opening.

Responsibilities

• Leveraging macro events, structural flows, and market positioning to provide research and trade recommendations for equity index products.
• Working in close collaboration with Traders and Analysts to creatively solve problems and identify new trading opportunities.
• Analyze and generate a theoretical value for each major macro event and its impact on equity indices.
• Generate trade ideas based on this theoretical value and market positioning.
• Monitor and analyze structural flows and positioning in equity index markets and their impact on prices.
• Collaborate intrafirm with other macro analysts to develop event theos.
• Monitor and analyze the evolution of real time events and their impact on equity index products.
• Interface with connections through industry to better understand the macro picture and equity market structure.

Benefits

• Highly competitive compensation package
• Global profit-sharing pool and performance-based bonus structure
• 401(k) match up to 50%
• Comprehensive health, mental, dental, vision, disability, and life coverage
• 25 paid vacation days alongside market holidays
• Extensive office perks, including breakfast, lunch and snacks, regular social events, clubs, sporting leagues and more

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level