Quant jobs / Maven Securities

Trader – Index Rolls and Rates

A trading role managing rates and index roll risk for an options market making team, starting with the S&P complex. The hire owns this space and looks for PnL opportunities in it.

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

Manage rates and rolls across front and back expiries
Find PnL opportunities in rolls, rates and flow rather than only hedging
Improve the existing trading and hedging setup
Work with developers on modest platform improvements
Help build a wider rolls and rates capability

What they ask for

Required

2-5 years trading index rolls
Strong grasp of rolls, rates and term structure
Strong understanding of options markets
Commercial risk-taking mindset
Strong analytical skills
Python and SQL

Education: Not stated
Experience: 2-5 years trading index rolls
Languages and tools: Python
SQL
Markets: options, equities

How to prepare

Learn how futures-implied rates, dividends and borrow relate to options
Study put-call parity and what drives box and roll spreads
Model the hedging cost of a simple options book across expiries
Practise spotting where a hedge can also make money

What to study

The Volatility Quant roadmap sets out the stages for this kind of role, with free resources for each.

Open the roadmap

Apply

Read the full posting on Maven Securities’s site before applying: requirements, location and pay can change after we check them.

View the posting on Maven Securities’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with Maven Securities and doesn’t handle applications.