Updating Results

Optiver

Add a review
4.6
  • 1,000 - 50,000 employees

2023 Graduate Quantitative Trader - Last chance to apply (Feb 2023)

Location details

On-site

  • Australia

    Australia

    • New South Wales

      Sydney

Remote

Sydney

  • Australia

    Australia

    Remote work

    • New South Wales

Location

Sydney, Sydney

Opportunity expired

Opportunity details

  • Opportunity typeGraduate Job or Program
  • SalaryAUD 250000 / Year
  • Additional benefitsAUD $250,000 first year package & benefits
  • Number of vacancies20-25 vacancies
  • Application open dateApply by 31 May 2022
  • Start dateStart date 23 Feb 2023

As our Graduate Quantitative trader, you will start our renowned three-month Trader training program by spending your first 4 weeks in our Amsterdam office. Following this, you will return to Sydney and cover the foundations of everything that you will need to know โ€“ the theory, the markets, the strategies and the technology. Once youโ€™ve got the basics covered, youโ€™ll put your knowledge into practice and start trading in our simulated trading environment, which is a live copy of the financial market!

Ready to test your limits? Join Optiver and accelerate your growth in a truly fascinating, high-performance environment.

Who we are

Optiver is a tech-driven trading firm and leading global market maker. For over 35 years, Optiver has been improving financial markets around the world, making them more transparent and efficient for all participants. With a focus on cutting-edge engineering, data science and research, we actively trade on 50+ exchanges, where weโ€™re trusted to always provide accurate buy and sell pricing โ€“ no matter the market conditions. 

Optiverโ€™s Sydney office is one of the primary players within Asian markets, trading a range of products. As an active participant in the Hong Kong, Korea, Singapore, Taiwan, and Japan exchanges, we act as Optiverโ€™s APAC head office.

What you'll do

As our Graduate Quantitative Trader, youโ€™ll be constantly applying your brand of maths and problem solving to understand the dynamics of financial markets.

From your first day on the trading floor, youโ€™ll have autonomy and responsibility to make decisions that create an immediate impact. Every day will present you with new and interesting challenges to solve. And itโ€™s up to you and your team to drive our success through Optiverโ€™s market-leading technology stack. Youโ€™ll be:

  • Trading, while constantly looking for creative quantitative solutions to real-world events ahead of the competition
  • Developing your own robust models and algorithms to offer the best price on the products you trade
  • Building tools, conducting analysis and leading projects that take your teamโ€™s trading strategies to the next level
  • Working collectively with leading Traders, Technologists and Researchers in the industry, to stay at the top of our game

Who you are

Youโ€™re a lateral thinker who is quick to apply your brand of maths to understand quantitative problems. You have an interest in a variety of activities that could be classed as quantitatively challenging, fast-paced, high performing or analytically rigorous. Youโ€™re also a strong believer in the power of collaborative problem-solving. You may already be passionate about trading, or it may have only recently piqued your interest.

While our Traders all share a passion for creative quantitative problem solving, they work in three main areas with different focuses. After the training program, you can select the role that appeals to you the most, and we will work together with you in the recruitment process to ensure that the area is most suitable for you.  

  • Options Market Maker

As an Options Trader, during market hours, you will be constantly making quick, yet sharp, trading decisions based on a multitude of factors. You love puzzles, predictions and problem-solving. And youโ€™re always hungry to learn. Youโ€™re driven to understand the why, but youโ€™re also comfortable making decisions under uncertainty. You have a real passion for quantitative problems and a flair for numbers. Outside of market hours, you will work on projects that will further set you up for success during trading hours.

Check out Willโ€™s 'Graduate Stories' feature to learn more.

  • Delta 1 Trader

As a D1 Trader, you will be piloting our auto traders. You have a love for statistical analysis and deriving insights from big data sets. You enjoy microanalysis and applying those insights to the bigger picture. You will collaborate with researchers and developers on live trading strategies using our cutting-edge statistical and machine learning algorithms. And you possess a determined spirit that drives you to never settle for 'good enough.  

Check out Jasonโ€™s โ€˜Graduate Storiesโ€™ feature to learn more.

  • Wholesale Trader

As a Wholesale trader, you will be making quick trading decisions as well as communicating and working closely with third parties. Building rapport comes naturally to you, and you enjoy developing strong relationships with your colleagues and entities outside of Optiver. You have amazing communication skills and can remain focused under pressure. Youโ€™re passionate about quantitative problems and have a flair for numbers. You have an inherent drive to work in a fast-paced, yet sometimes uncertain, environment.

What you'll get

  • AUD $250,000 first-year salary package
  • The chance to work alongside diverse and intelligent peers in a rewarding environment
  • Training, mentorship and personal development opportunities
  • Gym membership plus weekly in-house chair massages
  • Daily breakfast, lunch and an in-house barista
  • Regular social events including an annual company trip
  • Guided relocation and a competitive relocation package where necessary.

As an intentionally flat organisation, we believe that great ideas and impact can come from everyone. We are passionate about empowering individuals and creating diverse teams that thrive. Every person at Optiver should feel included, valued and respected because we believe our best work is done together.

Our commitment to diversity and inclusion is hardwired through every stage of our hiring process. We encourage applications from candidates from any and all backgrounds, and we welcome requests for reasonable adjustments during the process to ensure that you can best demonstrate your abilities.

Eligibility

  • A final year university student or recent graduate.
  • An Australian or New Zealand Citizen, Australian Permanent Resident or able to provide evidence of full working. rights.

Does this sound like the future youโ€™re looking for? Take up the challenge and apply today!

If you have any questions regarding this opportunity, please contact us at careers@optiver.com.au.

Work rights

The opportunity is available to applicants in any of the following categories.

Work light flag
Australia
Australian Work Visa (All Other) โ€ข Australian Citizen โ€ข Australian Permanent Resident
Work light flag
New Zealand
New Zealand Citizen

Qualifications & other requirements

You should have or be completing the following to apply for this opportunity.

Degree or Certificate
Qualification level
Qualification level
Associate Degree or higher
Study field
Study field (any)

Hiring criteria

  • Experience requirementNo experience required
  • Working rights
    Australian Work Visa (All Other)
  • Study fields
    Business & Management
  • Degree typesAssociate Degree or higher
Show all hiring criteria

Reviews

user
Graduate
Sydney
โ€ข
5 months ago

I am a trader. It is my responsibility to make decisions about which trades to make, how to parametrise our systems, and work with other traders and developers to improve our systems

user
Graduate
Sydney
โ€ข
2 years ago

Due to the emphasis on business acumen, employees know about the business impact of what they work on, and why it matters. As a software dev, I work on maintaining and developing software solutions to solve business/compliance problems.

user
Graduate
Sydney
โ€ข
2 years ago

Working with traders to improve the behaviour of auto traders. Very interesting and rewarding. Given a lot of project ownership.

Show all reviews

About the employer

Optiver Logo

Optiver

Rating

4.6

Number of employees

1,000 - 50,000 employees

Industries

Trading

Ready to accelerate your career? Discover Optiver, a global tech-driven trading firm.

Pros and cons of working at Optiver

Pros

  • The responsibility to work on impactful projects from early on.

  • The perks - company trip, daily meals, weekly massages.

  • Opportunities are there for people who want them -- you can very quickly take ownership of a problem or space.

  • Lots of smart people and interesting problems to solve.

  • People challenge each other to be best that they can be. There is no blame with errors and every opportunity to learn is taken.

Cons

    • You will constantly be working on di๏ฌ€erent products, with tight timelines and high ownership.

    • The finance domain is quite complex, and onboarding/learning about new financial concepts... is challenging.

    • The expectations are high and constant.

    • Too many things that could be done.

    • Can be intense at times