Senior Index Options Trader

Tower Research Capital • Chicago, IL

9d • $120,000 - $180,000 • Hybrid

About The Position

Tower Research Capital seeks an experienced Index Options Trader to manage a portfolio of listed options products and contribute to the growth of its options business. The role works closely with traders, quantitative researchers, and developers to improve strategies, trading systems, latency, and execution, while identifying and monetizing new trading opportunities. The trader will also mentor junior traders and/or quantitative researchers.

Requirements

• At least 3 years of experience on a high-volume share index options market-making desk.
• Expertise in capturing opportunities from short-term and long-term dislocations in volatility pricing.
• Deep understanding of the risks involved in managing a large index options portfolio.
• Experience 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.

Responsibilities

• Manage a portfolio of listed options products.
• Collaborate with other traders and quantitative researchers to optimize existing strategies.
• Work with developers to improve systems, latency, and execution.
• Identify and monetize new trading opportunities.
• Mentor junior traders and/or quantitative researchers.

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, such as gym and personal training.
• Company-sponsored sports teams and fitness events.
• Volunteer opportunities and charitable giving.
• Social events, happy hours, treats, and celebrations throughout the year.
• Workshops and continuous learning opportunities.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed