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Optiver

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4.6
  • 1,000 - 50,000 employees

2023 Graduate Quantitative Researcher – Delta 1 (Feb 2023)

Location details

On-site

  • Australia

    Australia

    • New South Wales

      Sydney

Location

Sydney

Opportunity expired

Opportunity details

  • Opportunity typeGraduate Job or Program
  • SalaryAUD 200,000 - 250,000 / Year
  • Additional benefitsUp to AUD $250,000 first year salary package
  • Number of vacancies1-2 vacancies
  • Application open dateApply by 11 Aug 2022
  • Start dateStart date 23 Feb 2023

Get ready to collaborate with world-class Traders and Software Engineers to improve financial markets in 50+ countries across the globe. This is your chance to demonstrate how valuable research and data are to the future of electronic trading.

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 we’re trusted to always provide accurate buy and sell pricing – no matter the market conditions. 

Optiver’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 Optiver’s APAC head office.

WHAT YOU'LL DO

As our Graduate Quantitative Researcher within the Delta 1 (D1) team, you’ll be constantly applying your top-tier analytical abilities to your day-to-day, creating insights and proposals that drive impactful new trading strategies.

Over the first 8 weeks, you will be immersed in our highly interactive training course, alongside Traders and Software Developers, to learn the ins and outs of quantitative trading. Once you’ve got the basics covered, you’ll join our D1 Research team, where you’ll be able to put your knowledge into practice and be given the autonomy to make decisions that create an immediate impact.

As a D1 Researcher, you’ll collaborate with traders and developers on live trading strategies using cutting-edge statistical and machine learning algorithms. You’ll work on building trading signals from the market or fundamental data, combine signals and optimise strategy parameters through our state-of-the-art backtesting infrastructure. Whilst the research uses a mix of statistics, computer science and economics, there are no textbook solutions to what you aim to solve. Instead, you’ll move beyond the theory to search for the hidden signals in the noise that’ll help you create profitable strategies. And that’s what makes it deeply rewarding.

WHO YOU ARE

You’re an inquisitive, critical thinker who is creative in innovating new solutions. When you are told that something “just is”, you immediately start to take it apart to understand the “why”. You’re a strong believer in the power of collaborative problem-solving. And you're excited to test yourself in one of the most competitive areas of the financial market. In addition, you:

  • Are pragmatic and focused on outcomes
  • Can communicate technical concepts well
  • Enjoy utilising technology, programming or maths in your daily life to solve problems
  • Possess programming experience in any language (C, C++, Python, Basic, JAVA, etc.)

WHAT YOU'LL GET

At Optiver, we want to set you up for success from day one. No matter what team you join, your career at Optiver will begin with comprehensive training on the fundamentals of trading: theory, markets, strategies and cutting-edge technology. Then, you’ll put your knowledge into practice and work on real-time projects that deliver tangible impact right from the start. The best part is you will have the unique opportunity to complete your first four weeks of training in Optiver’s Global HQ in Amsterdam!

  • Up to 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/Honours/Masters/PhD student or a recent graduate (up to 4 years)
  • Studying a highly quantitative or technically focused degree, such as Maths, Statistics, Physics, Elec / Mechatronic / Software Engineering, Computer Science, Applied/Quantitative Finance or Econometrics.
  • An Australian or New Zealand Citizen, Australian Permanent Resident or able to secure full working rights after graduating.

Does this sound like the future you’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)Australian CitizenAustralian 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
Bachelor 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 typesBachelor or higher
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Reviews

user
Graduate
Sydney
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
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
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 different 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