Volatility Trader

Responsibilities

• Conduct research to identify market dislocations, mispricings, or other trading opportunities in the volatility space
• Monitor and manage live positions with a focus on order flow dynamics and counterparty behavior
• Work closely with the core market making team to develop systematic approaches to volatility valuation or pricing overlays
• Continuously improve the firm's toolset for volatility research, risk management, and P&L attribution
• Clearly communicate and document research methodology and trading decisions

Requirements

• 3–5 years of professional experience in volatility trading, research, or portfolio management
• Demonstrated track record of generating and executing profitable trading ideas
• Strong practical foundation in options theory and Bayesian statistics/probability
• Strong analytical judgment under uncertainty
• Precise technical communication skills
• Sufficient technical skills to independently interface with data and prototype research ideas

Benefits

• Medical, Dental, and Vision insurance (free employee coverage)
• 401(k) match
• Generous parental leave
• Daily stipends for breakfast and lunch
• Tuition reimbursement
• Employee discounts
• Access to building gym and cafeteria
• Charity matching up to $2,000 per year

About the Company

Founded in Chicago in 2004, Simplex is a leading, technology-driven, proprietary market-making firm focused on innovation, automation, and data-driven analysis.