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Optiver

Quantitative Engineer - Credit

Posted 3 Days Ago
Be an Early Applicant
In-Office
New York, NY, USA
200K-200K Annually
Senior level
In-Office
New York, NY, USA
200K-200K Annually
Senior level
Build and lead development of credit trading infrastructure (RFQ, OMS/EMS, portfolio and create/redeem systems), contribute to pricing and trading models, collaborate with traders and researchers, and set technical direction for systematic US credit trading.
The summary above was generated by AI

Optiver is seeking a Quantitative Engineer specializing in the US corporate bond and credit derivative markets to join the greenfield buildout of our systematic credit trading business. Our Quantitative Engineers lead large technical projects, help set the direction for our trading infrastructure, and leverage technology to enable business success.

The credit engineering team works closely with researchers and traders to design a system for trading bonds, fixed income ETFs, and other credit derivative products.

What you’ll do:

In this role you will be building out functionality across simulation, research, and production systems. Specifically, you will:

  • Help establish the vision and technical direction for major credit trading initiatives;

  • Design, develop, support, and maintain large portions of our credit trading infrastructure, including request for quote (RFQ) trading platforms, create/redeem platforms, portfolio trading systems, order management systems (OMS), and execution management systems (EMS);

  • Contribute to our pricing, research and trading models that power our market-making and proprietary trading strategies;

  • Collaborate deeply with traders and researchers to directly solve the trading problem and build the business;

  • Be a part of 0 to 1.

What you’ll get:

You’ll join a culture of collaboration and excellence, where you’ll be surrounded by curious thinkers and creative problem solvers. Motivated by a passion for continuous improvement, you’ll thrive in a supportive, high-performing environment alongside talented colleagues, working collectively to tackle the toughest problems in the financial markets.

In addition, you’ll receive:

  • The opportunity to work alongside best-in-class professionals from over 40 different countries;

  • Highly competitive compensation package;

  • Global profit-sharing pool and performance-based bonus structure;
  • Ownership over initiatives that directly solve business problems;

  • 401(k) match up to 50% and fully paid health insurance;

  • 25 paid vacation days alongside market holidays;

  • Extensive office perks, including breakfast, lunch and snacks, regular social events, clubs, sporting leagues and more.

Who you are:

  • Strong engineering instincts and a deep understanding of computer science fundamentals;

  • Programming experience across C++ or C with other object-oriented languages also considered;

  • Experience optimizing high-throughput systems that must process and react in real-time to streams of pricing and trade data;

  • Familiarity with the market microstructure and trading domain for US corporate credit markets, fixed income ETFs, and/or credit derivatives (CDS, CDX indices);

  • Experience with connectivity to electronic trading venues and FIX protocol for credit markets;

  • Readiness to set technical direction, promote strong engineering principles and continuously seek ways to refine and optimize systems in a fast-moving, ever evolving environment;

  • You can spot opportunities to enhance performance, efficiency, and maintainability;

  • Excellent communication skills and the ability to work effectively in a fast-paced, collaborative environment with traders, researchers, and other technologists.


Who we are

At Optiver, our mission is to improve the market by injecting liquidity, providing accurate pricing, increasing transparency and stabilising the market no matter the conditions. With a focus on continuous improvement, we prioritise safeguarding the health and efficiency of the markets for all participants. As one of the largest market making institutions, we are a respected partner on 100+ exchanges across the globe.

We pride ourselves on being real engineers, not just coders. Our engineers work closely with traders to identify the business problems we face and determine how they should be solved. We apply a disciplined and scientific approach. We engineer simple, well-architected solutions that meet the dynamic needs of our traders. Our passion is to solve problems which really matter to the business, and we take pride in the quality of our solutions.

Our differences are our edge. Optiver does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, physical or mental disability, or other legally protected characteristics.


Below is the expected base salary for this position. This is a good-faith estimate of the base pay scale for this position and offers will ultimately be determined based on experience, education, skill set, and performance in the interview process. This position will also be eligible for a discretionary bonus (if determined by Optiver) and Optiver’s benefits package with the benefits listed above.

Base Salary Range
$200,000$200,000 USD

Following your participation in this program, you may choose to move forward with the application process for Optiver’s internship program. Below is the expected base salary for an internship position in our Trading or Tech departments. This is a good-faith estimate of the base pay scale and sign on bonus for this position and offers will ultimately be determined based on experience, education, skill set, and performance in the interview process. Internship positions in our Trading and Tech departments are also be eligible for benefits including Optiver-covered flights, living accommodations and commuting stipends (where applicable); and office perks, including daily breakfast and lunch, social events and clubs. 

Internship Base Salary Range
$200,000$200,000 USD



Below is the expected compensation for this position. This is a good-faith estimate of the base pay scale and sign-on bonus for this position and offers will ultimately be determined based on experience, education, skill set, and performance in the interview process. This position will also be eligible for the benefits listed above.

Base Salary Range
$200,000$200,000 USD

Below is the expected base salary for this position. This is a good-faith estimate of the base pay scale for this position and offers will ultimately be determined based on experience, education, skill set, and performance in the interview process. This position will also be eligible for the benefits listed above.

Base Salary Range
$200,000$200,000 USD

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