MAKO

Senior Trader, Sydney

Sydney, AustraliaFull timeSeniorPosted 17 days ago
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At Mako, we believe in the power of collaboration to drive innovation in pursuit of our collective ambition; excellence in trading. Our diverse community is connected through a commitment to being the best we can be with the highest standards of integrity. Join the Proprietary Trading team, responsible for developing and executing proprietary trading strategies across global listed derivatives markets while working collaboratively with Risk, Technology and Operations to deliver sustainable trading performance. You will be responsible for developing, implementing and managing a proprietary trading strategy, with accountability for trading performance, portfolio risk and model development. Working closely with Risk, Technology, Operations and Finance, you will help establish the infrastructure, controls and processes required to support the strategy and its ongoing success. What you’ll be involved in: Developing, implementing and managing proprietary trading strategies across listed derivatives markets. Managing portfolio risk and trading performance within approved risk limits and capital parameters. Developing and enhancing pricing models, volatility analytics and execution methodologies to support trading decisions. Designing, implementing and continuously improving the strategy's risk management framework. Partnering with Risk, Technology, Operations and Finance to establish and optimise trading infrastructure, processes and controls. Monitoring portfolio performance and preparing transparent P&L attribution and risk reporting. Identifying opportunities to enhance and expand trading strategies across markets, products and asset classes. Contributing to the ongoing development of Mako's proprietary trading capability and broader trading initiatives. What we need from you: Extensive experience (typically 10+ years) trading listed derivatives within a proprietary trading firm, market maker, hedge fund or investment bank. A demonstrable, multi-year track record developing and managing profitable proprietary trading strategies with consistent, verifiable risk-adjusted performance. Strong knowledge of listed derivatives markets, pricing methodologies and portfolio risk Strong quantitative and analytical capability, underpinned by a postgraduate degree in mathematics, finance or another quantitative discipline (or equivalent), including experience developing and applying quantitative trading models. A disciplined approach to portfolio risk management, margin management and hedging strategies. Experience running a trading book, pod or desk with sole accountability for P&L and risk — for example at a multi-manager platform, relative value fund or as head of an options trading desk. Excellent commercial judgement and decision-making skills in fast-paced trading environments. Strong stakeholder management and communication skills, with the ability to clearly articulate trading strategies and risk exposures. A collaborative approach with experie...