Senior Quantitative Researcher - Options Market Making

The role

You will lead research that influences options market-making performance. You will turn market observations and data into improvements across pricing, prediction, execution and risk-taking.

What you will do

• Lead research across option pricing, volatility modelling, alpha generation and algorithm design
• Translate trading questions and intuition into testable hypotheses and quantitative models
• Apply mathematics, statistics, machine learning and optimisation using large datasets
• Partner with traders and developers to implement research in production
• Identify opportunities to turn manual trading judgements into scalable approaches
• Improve research methods and work with Technology to make models and tools reusable
• Communicate assumptions, uncertainty, limitations and commercial implications
• Share expertise and support the development of other researchers
• Ensure research meets risk, model governance, change-management and information-security standards

Required qualifications

• Strong academic background in Mathematics, Statistics, Physics, Computer Science, Engineering, Operations Research or a related quantitative discipline
• PhD or another demonstrable track record of conducting independent research
• At least three years experience in the financial industry
• Relevant experience in electronic options trading
• Strong foundations in probability, statistics and quantitative modelling
• Proficiency in Python or another suitable research language
• Rigorous experimental and model-validation skills
• Commercial curiosity and initiative to identify and solve problems
• Sound judgement in balancing model sophistication and implementation complexity
• Collaborative approach
• Strong sense of ownership

Nice to have

• Experience with AI tools for analysis, programming, or research

Benefits

• Competitive compensation package
• Annual discretionary bonus
• Fully catered breakfast and lunch
• 25 days annual leave plus public holidays
• Enhanced annual leave allowance after 2+ years service
• Private healthcare
• Life assurance
• Group pension plan
• Informal dress code

About the company

Maven is a market-leading proprietary trading firm deploying its own capital across discretionary, systematic and market-making strategies. They develop advanced pricing and execution capabilities to improve liquidity across global listed derivatives markets.