Head of Options Trading

This is a fully remote position, open to applicants in Netherlands.

📋 Description

• Oversee and expand EXANTE’s options and derivatives operations, holding complete P&L accountability for both the principal derivatives trading portfolio and client options trading.

• Principal book — create and implement trading and hedging strategies for the options and derivatives trading portfolio, including market making against internal client flow, risk management, and any directional or relative-value strategies proposed by the candidate.

• Product development — improve the current options offering and identify, design, and launch new derivative products on the platform where they are commercially viable (e.g. FX options, additional listed derivatives, and more contemporary instruments).

• Counterparty and liquidity — identify, negotiate, and onboard suitable exchanges, prime brokers, market makers, and OTC counterparties for execution and hedging; maintain ownership of the relationships.

• Platform enhancement — collaborate with Technology and Product teams to outline and deliver the roadmap of platform improvements necessary to support the trading portfolio and product strategy.

• Client flow — partner with Relationship Managers, Sales, and Marketing to increase client options and derivatives flow into the portfolio.

• Team build-out — determine the size, composition, and sequencing at the hire’s discretion, in alignment with the approved business plan.

• Cross-functional cooperation — collaborate closely with Compliance, Risk, Operations, Treasury, and Technology to design the comprehensive workflow and risk framework.

• Product governance — take ownership of the suitability framework and applicable conduct regulations across the relevant booking entities.

⛳️ Requirements

• 10–20 years of experience in options or derivatives principal trading, market making, or managing a derivatives trading portfolio at a sell-side firm, brokerage, or proprietary trading company.

• Multi-asset experience — knowledge across equity, index, FX, and commodity asset classes, including both listed and OTC markets.

• Strong risk management expertise — in delta, gamma, vega, correlation, and exotic risks at scale.

• Product launch experience — a proven record of launching new derivative products is a significant advantage.

• Established network — a robust network of relationships with counterparties, exchanges, and liquidity providers.

• Player-coach — eager to personally lead pricing and trading decisions before expanding the team.

• Regulatory knowledge — understanding of MiFID II product governance, suitability rules, and equivalent frameworks in the UK and Asia.

• Fluent English — required.

• Commercial and direct — comfortable with full accountability for a P&L.

🏝️ Benefits

• Competitive salary that reflects your experience and the value you contribute.

• Flexibility that accommodates your lifestyle — work from home, from our office, or a combination of both. You decide what suits you best.

• Flexible benefits package — select the options that fit your life, rather than a one-size-fits-all solution.

• A genuinely positive work environment — an informal, collaborative culture where ideas are valued and bureaucracy is minimized.

• Continuous learning — ongoing training, educational programs, and support to enhance your expertise in a rapidly evolving industry.

• Connection beyond your desk — events that foster networking and celebration among our teams.

• Global exposure — work alongside talented colleagues from around the globe, within a business serving clients in over 100 countries.