GSR is hiring a Systematic Options Researcher / Trader to join our Cryptocurrency Options Market Making team. In this role, you will research, develop, and deploy systematic strategies for pricing, quoting, and risk management, operating at the intersection of quantitative research and real-time trading systems.
What You'll Do
- Develop and improve systematic options market-making strategies.
- Design and calibrate volatility models, skew models, and surface construction frameworks.
- Research and implement pricing models for vanilla and multi-leg options strategies.
- Optimize quoting logic under microstructure constraints such as latency, queue position, and fill probability.
- Design and evaluate delta, gamma, and vega hedging frameworks.
- Build robust backtesting tools and simulation environments for options strategies.
- Analyze trading performance and identify opportunities for improvement.
- Collaborate closely with developers to deploy research into production systems.
- Monitor live strategies and iterate quickly in response to market behaviour.
What We're Looking For
- Strong programming skills in Python for research, prototyping, and data analysis.
- Strong programming skills in C/C++ or Rust for performance-critical production systems.
- Experience working with real-time trading systems.
- Strong foundation in probability, statistics, and stochastic processes.
- Experience with volatility modelling and options pricing.
- Ability to work with large datasets and build scalable research pipelines.
- Strong understanding of Black–Scholes and advanced pricing frameworks, volatility surfaces and skew dynamics, Greeks and risk management, and market microstructure.
Nice to Have
- Prior experience in systematic trading or market making is highly preferred.
Technical Stack
- Python
- C/C++
- Rust
Team & Environment
You will be joining GSR's Cryptocurrency Options Market Making team, operating within a collaborative and transparent company culture founded on Integrity, Innovation, and Performance.
Benefits & Compensation
- Healthcare, dental, and vision plans.
- Retirement planning support.
- 30 days of holiday.
- Free lunches when in the office.
- Regular Town Halls, team lunches, offsites, and social events.
- A strong Corporate and Social Responsibility program, including charity matching and volunteer days.
- Immigration and relocation support where required.
Work Mode
This role offers a hybrid work mode and is open to candidates in London, the US, Singapore, Zug, and Malaga.
GSR is proudly an Equal Employment Opportunity employer. We do not discriminate based on any legally protected characteristics such as race, religion, colour, national origin, sexual orientation, gender, gender identity, gender expression, or age.
