Simplex Trading

Volatility Trader

Chicago · Full-time

Sponsorship not specified$150k-$200kDetected 8 days ago

StatisticsValuationResearchExperimental DesignCommunicationCollaboration

About the role

As a Volatility Trader at Simplex, you will take an analytical approach to identifying market opportunities with favorable risk-reward profiles with the goal of generating trade ideas and enhancing our core market making pricing systems.
We expect that you have experience thinking about volatility valuation through a variety of lenses, including analysis of implied-vs-realized, term structure and event pricing, skew surface dynamics, and relative value or cross-asset relationships.

Monitor and manage live positions with a focus on order flow dynamics and counterparty behavior.
Work closely with Simplex's core market making team to develop systematic approaches to volatility valuation or pricing overlays.
Clearly communicate and document research methodology and trading decisions for collaboration and review.
You will manage discretionary positions and work closely with our existing market making team to create systematic pricing overlays and improve hedging, risk management, and edge capture.
Building: We are located in the Federal Reserve building.
Simplex and its recruitment partners may use artificial intelligence (AI) tools to support certain aspects of the recruiting and hiring process.

Minimum 3-5 years of professional experience in a volatility trading/research or portfolio management role.
Demonstrated track record of generating and executing profitable trading ideas.
We also leverage our experience and expertise to make strategic investments and capitalize on opportunities in the venture capital markets with promising, early-stage financial and technology start-ups.

In-person happy hours, celebrations throughout the year, game nights, video game fun, and so much more!
Simplex is an Equal Opportunity Employer.
Final hiring decisions are made by humans.
For all job postings, Simplex may use AI to review and analyze applications, resumes, interviews, and applicant responses.
Simplex complies with applicable federal and state laws governing AI use.
Applicants may still request reasonable accommodations.
For more information related to AI or to request an accommodation, please contact HR@simplextrading.com.

Annual base salary ranges from $150,000 to $200,000, and is influenced by a number of factors, including qualifications and experience.

Excellent a la carte Medical/Dental/Vision (free employee coverage!), 401(k) match, generous parental leave!
As a tenant, you have access to a building gym and a full cafeteria.

This listing is sourced directly from Simplex Trading's careers page and normalized into a canonical job model.