8h ago

Experienced Options Trader - SOFR

Chicago, IL

$145k+ / year

full-timemidfinance

๐Ÿ’ผ About This Role

You'll join Akuna Capital's SOFR desk as a mid-to-senior electronic options trader, making markets and managing risk across CME SOFR options. You'll collaborate with quant and technology teams to refine volatility models and automated trading infrastructure. This role offers a clear path to full desk ownership for the right candidate.

๐ŸŽฏ What You'll Do

  • Manage SOFR options portfolio with full P&L responsibility
  • Make two-sided markets across SR3, S0, S2 options
  • Develop volatility surface models and hedging strategies
  • Analyze market microstructure to improve pricing and execution

๐Ÿ“‹ Requirements

  • 2+ years trading SOFR/Eurodollar/short-term interest rate options
  • Deep understanding of options theory and Greeks
  • Proven risk management discipline under pressure
  • Bachelor's in quantitative field (Engineering, Economics, etc.)

โœจ Nice to Have

  • Experience with CME SR3 market microstructure
  • Familiarity with swap curve dynamics and fixed income
  • Experience building trading tools in Python or C++

๐ŸŽ Benefits & Perks

  • ๐Ÿ’ฐ Discretionary performance bonus
  • ๐Ÿฅ Employer-paid medical, dental, vision
  • ๐Ÿฆ Retirement contributions
  • ๐Ÿ–๏ธ Paid time off

๐Ÿ“จ Hiring Process

Estimated timeline: 2-4 weeks ยท AI estimate

  1. 1Recruiter callยท 30 min
  2. 2Technical interviewยท 60 min
  3. 3On-site interviewยท Full day
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