Maven Securities

Proprietary-capital multi-strategy trading and market making

Trader – Index Rolls and Rates

Prop & Hedge Fund TradingConfirmed live in the last 24 hours

Full-timeChicago, IL, USAIn-person

About the Job

Requirements

The candidate must have extensive experience trading index rolls and rates, initially across the S&P index complex and potentially other indices later.
The candidate must have experience managing rates and rolls across front and back expiries.
The candidate must be strong in index rolls, rates, and term-structure exposure.
The candidate must be able to identify profit-and-loss opportunities, not just hedge risk.
The candidate must be capable of working with traders and developers.
The candidate must be interested in building something rather than joining a fully mature desk.
The candidate must have 2–5 years of experience trading index rolls.
The candidate must have a strong understanding of options markets.
The candidate must have a commercial trading mindset and appetite for risk ownership and strategy responsibility.
The candidate must have a strong interest and ability to operate in a fast-moving, opportunistic trading environment.
The candidate must have strong analytical skills and research capabilities.
The candidate must be familiar with Python and SQL or similar programming and database languages.

Responsibilities

Manage rates and rolls across front and back expiries, absorbing risks from the options operation.
Improve the existing trading and hedging setup.
Identify and trade profit-and-loss opportunities arising from rolls, rates, and flow.
Take end-to-end ownership of the space.
Work with developers where modest platform improvements are required.
Potentially help develop a broader rolls-and-rates trading capability over time.

Maven is a market-leading, employee-owned proprietary trading firm deploying internal capital across discretionary, systematic, and market-making strategies. We differentiate ourselves by exclusively managing our own capital, delivering exceptional returns on equity since inception, and preserving an entrepreneurial, highly collaborative culture.

THE ROLE

We are looking for an ambitious and proactive Index Rolls Trader to join our Options Market Making team in Chicago. The eligible candidate will have extensive experience trading index rolls and rates, initially across the S&P index complex and potentially other indices later. The role will suit candidates that have had experience in managing rates and rolls across front and back expiries.

RESPONSIBILITIES

Manage rates and rolls across front and back expiries, absorbing the risks from the option operation.
Improve the existing trading and hedging setup.
Identify and trade P&L opportunities arising from rolls, rates and flow.
Take end-to-end ownership of the space
Work with developers where modest platform improvements are required.
Potentially help develop a broader rolls/rates trading capability over time.

CANDIDATE SPECIFICATIONS

Strong on index rolls, rates and term-structure exposure
Able to identify P&L opportunities, not just hedge risk
Capable of working with traders and developers
Interested in building something rather than joining a fully mature desk
2–5 years’ experience trading index rolls
Strong understanding of options markets
Commercial trading mindset with appetite for risk ownership and strategy responsibility
Strong interest and ability to operate in a fast-moving, opportunistic trading environment
Strong analytical skills and research capabilities
Familiarity with Python and SQL or similar programming and database languages

WHAT WE OFFER

A fast-growing global firm with plenty of opportunities where you will have a significant impact
Competitive compensation package
Annual discretionary bonus
Enhanced annual leave allowance after 2+ years’ service
25 days’ annual leave (plus public holidays)
Private healthcare and life assurance
Monthly company events and social activities

About the Company

Maven Securities

Proprietary-capital multi-strategy trading and market making

Maven Securities is a multi-strategy trading and market-making firm that uses its own capital to trade across global financial markets and provide liquidity to institutional clients. It combines fundamental and quantitative strategies to identify opportunities and aims for efficient market execution. The firm relies on advanced technology, including machine learning, strong processing power, and fast networks, to support front-office trading through post-trade settlement. Its edge comes from using proprietary capital, disciplined risk management, and a focus on steady profitability, with the goal of sustainable profitability and reliable liquidity provision.

Company size: 201-500
Company stage: Not listed
Total funding: Not listed
Headquarters: London, United Kingdom
Founded: 2011

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