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.
• A PhD or another demonstrable track record of conducting independent research.
• At least three years’ experience in the financial industry, with 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 the initiative to identify valuable problems.
• Sound judgement in balancing model sophistication, implementation complexity and expected trading value.
• A collaborative approach.
• A 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 and 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.