Quantitative Researcher, Volatility

BHFT
London
1 week ago
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Job Description

  • Calibrate SSVI or similar volatility surfaces using market data to ensure smoothness, arbitrage-free conditions, and temporal stability;
  • Design and implement automated algorithms for adjusting surface parameters such as skew, curvature, and wing dynamics;
  • Tune and debug models under realistic market conditions –including bid / ask spreads, market noise, and incomplete markets;
  • Analyze historical and live market data to identify trading opportunities and spread dislocations;
  • Perform backtests on option spread strategies portfolio optimizations and against multiple underlyings;
  • Collaborate with the quant team to enhance ML pipelines and expand statistical toolkits for research and production use.

Qualifications

  • 5+ years in Quantitative Research / Trading; background in a top-tier proprietary trading firm or hedge fund is strongly preferred;
  • Strong experience with basket and portfolio option strategies, including pricing and risk management;
  • Proven track record in building inventory-aware models where quoted prices adjust based on live risk metrics and our options position;
  • Practical experience with VaR simulations and SPAN margin optimizations;
  • Experience supporting systematic trading strategies with holding periods from minutes to several hours, including near-expiry trading (non-latency sensitive);
  • Background in single-name equity or equity index options preferred;
  • Proficiency in Python, C++, or Rust;
  • Solid understanding of market microstructure;
  • Strong collaborative spirit, work ethics, and a determined drive for success; ability to work both independently and as part of a team;
  • Strong communication skills, with the ability to clearly explain complex ideas.

Additional Information
What we offer :

  • Experience a modern international technology company without the burden of bureaucracy.
  • Collaborate with industry-leading professionals, including former employees of Tower, DRW, Broadridge, Credit Suisse, and more.
  • Enjoy excellent opportunities for professional growth and self-realization.
  • Work remotely from anywhere in the world with a flexible schedule.
  • Receive compensation for health insurance, sports activities, and non-professional training.


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