Position Summary
Two Sigma is a financial sciences company, combining data analysis, invention, and rigorous inquiry to help solve the toughest challenges in investment management, securities, private equity, and venture capital.
Our team of scientists, technologists, and academics looks beyond the traditional to develop creative solutions to some of the world’s most complex economic problems.
Two Sigma Securities brings a scientific approach to systematic trading and risk management to make markets more efficient. Our team trades over 10,000 US equities and 4,000 listed options, leveraging our high performance trading system to execute over 850 million shares per day. Two Sigma Securities is entering an exciting growth phase. We value the insights of our colleagues and encourage them to innovate and shape their own work agenda. New joiners use our proprietary platform to work on diverse projects. From building next generation trading technologies and researching novel AI and machine learning techniques to enhancing our strategies and deploying automation, our team is pushing the frontier in systematic trading.
Senior Quantitative Trader - Options Market-Making
We are seeking an experienced quantitative trader, to be based in either Chicago or New York, to join our newly formed Index / CME options market making team.
Responsibilities
- Lead the development, operation, and optimization of the options trading desk, with direct ownership of portfolio P&L and risk management
- Drive systematic strategy development for pricing, trading, and hedging in close partnership with research and engineering teams
- Ideate and build analytical tools to surface trading insights and identify new opportunities across products
- Partner with Risk to navigate portfolio positioning through volatility regimes and market stress events
- Analyze low-latency market data to enhance execution quality and strategy monetization
- Guide technology priorities across networking, market data, and FPGA infrastructure, translating trading needs into technical requirements
- Mentor junior traders and contribute to team culture and process development
Qualifications
- 4-7 years of options market-making experience, with meaningful exposure to index options or CME products required
- Demonstrated track record of P&L generation and risk management in a market-making context
- Degree in a quantitative discipline (Statistics, Mathematics, Physics, Engineering, Computer Science); advanced degree a plus
- Strong programming skills in Python; familiarity with low-latency systems or C++ preferred
- Deep understanding of options pricing, Greeks, and volatility surface dynamics
- Proven ability to make high-quality decisions under time pressure and uncertainty
- Experience mentoring or leading junior team members preferred
You Will Enjoy The Following Benefits
- Core Benefits: Fully paid medical and dental insurance premiums for employees and dependents, competitive 401k match, employer-paid life & disability insurance
- Perks: Onsite gyms with laundry service, wellness activities, casual dress, snacks, game rooms
- Learning: Tuition reimbursement, conference and training sponsorship
- Time Off: Generous vacation and unlimited sick days, competitive paid caregiver leaves
- Hybrid Work Policy: Flexible in-office days with budget for home office setup
We are proud to be an equal opportunity workplace. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity/expression, age, status as a protected veteran, status as an individual with a disability, or any other applicable legally protected characteristics.
Two Sigma is committed to providing reasonable accommodations to qualified individuals in accordance with applicable federal, state, and local laws.
If you believe you need an accommodation, please visit our website for additional information.
