Exotic Options Trader

at Jane Street · Quant · London, United Kingdom · Quantitative Trading

Exotic Options Trader based in London to price complex derivatives, identify trading opportunities, and strategically manage relationships with sell-side counterparties. Collaborates with global options teams, contributes to idea generation, model development, and strategic positioning.

What you'd actually do

  1. price complex derivatives
  2. identify trading opportunities
  3. strategically manage relationships with our sell-side counterparties
  4. contributing to idea generation, model development, and strategic positioning
  5. cultivate these relationships and help us access flow we might otherwise miss

Skills

Required

  • exotic options trading
  • pricing complex derivatives
  • sell-side landscape
  • building productive counterparty relationships
  • critical thinking
  • implementing new ideas
  • teaching others
  • communicating
  • planning
  • analytical skills
  • people skills
  • coordinating across time zones
  • reliable
  • flexible
  • positive attitude
  • detail-oriented
  • organised
  • thorough
  • desire for continuous improvement
  • English fluency

Nice to have

  • Python programming
  • willingness to travel to New York and Hong Kong

What the JD emphasized

  • 3-6 years of experience in exotic options trading
  • Strong quantitative skills in pricing complex derivatives
  • track record of building productive counterparty relationships
  • deep product knowledge
  • market intuition
  • understanding of complex payoffs
  • ability to price quickly and accurately
  • willingness to push us in new directions
Read full job description

About the Position

We are looking for an Exotic Options Trader based in London to work closely with our local and global options teams. In this role, you'll price complex derivatives, identify trading opportunities, and strategically manage relationships with our sell-side counterparties.

Exotic options trading at Jane Street sits at the intersection of our single stock and index options businesses. You'll collaborate closely with colleagues across products and regions, contributing to idea generation, model development, and strategic positioning. Partnering with sell-side counterparts is a core part of the business, and we are looking for someone who can cultivate these relationships and help us access flow we might otherwise miss.

We have a culture of strong collaboration both across teams and across regions, and are actively expanding our exotic options trading capabilities. We're looking for someone who brings deep product knowledge and market intuition to the team. Your understanding of complex payoffs, ability to price quickly and accurately, and willingness to push us in new directions will be instrumental in our continued growth.

Our Trading team is full of highly motivated professionals who have created a culture of trust, respect, and collaboration. Your working relationships, trader intuition, and ability to analyse special situations will add value to our team.

About You

  • 3-6 years of experience in exotic options trading
  • Strong quantitative skills in pricing complex derivatives
  • Familiarity with the sell-side landscape and a track record of building productive counterparty relationships
  • Able to think critically and implement new ideas
  • Programming skills in Python preferred
  • Experienced teaching others and open to learning new techniques
  • Strong communicator with excellent planning, analytical, and people skills; comfortable coordinating across time zones
  • Reliable and flexible team player with a positive attitude
  • Detail-oriented, organised, and thorough, with a desire for continuous improvement
  • Willingness to spend multiple weeks a year traveling to New York and Hong Kong is a plus
  • Fluency in English required

If you're a recruiting agency and want to partner with us, please reach out to agency-partnerships@janestreet.com