Senior Index Options Trader
A senior market-making role running a portfolio of listed index options inside Tower's options business. You trade alongside researchers and developers who tune the strategies and the systems.
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 the risk and positions of a listed index options book
- Find and trade volatility mispricings over short and long horizons
- Work with developers on latency and execution improvements
- Coach junior traders and researchers
What they ask for
Required
- 3+ years on an index options market-making desk
- Volatility pricing dislocations
- Index options portfolio risk
- Automated trading systems
- Exchange protocols and best execution
- Programming in Python or C++
- Education
- No degree level stated.
- Experience
- 3+ years on a high-volume share index options market-making desk.
- Languages and tools
- Markets
- options, equities
How to prepare
- Review Greeks, vol surfaces and hedging for index options
- Study how options market makers quote and manage inventory
- Learn exchange order types and routing
- Simulate delta-hedged option P&L in Python
What to study
- Derivatives Pricing and Computational Finance
- Quantitative Risk Management
- Market Microstructure and Execution
- Financial Instruments, Markets and Conventions
The Volatility Quant roadmap sets out the stages for this kind of role, with free resources for each.
Open the roadmapApply
Read the full posting on Tower Research Capital’s site before applying: requirements, location and pay can change after we check them.
View the posting on Tower Research Capital’s site ↗
SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with Tower Research Capital and doesn’t handle applications.