Macro Commodities Options Strategist

Overview

In this role you will partner with the Portfolio Manager to translate macro, commodity, and equity views into sophisticated options and derivatives positions. You will focus on optimizing risk and convexity, while building robust tail-hedging and drawdown protection. You’ll proactively uncover hidden exposures and liquidity gaps across market regimes, and generate high-conviction cross-asset ideas. This opportunity offers work in a high-caliber, buy-side environment with influence over risk-reward across equities, commodities, FX, and more.

Pay / Benefits

• Competitive compensation with performance-based bonuses
• Comprehensive benefits package
• Pathways for professional growth
• Dynamic and supportive work environment

Responsibilities

• Translate macro and sector views into efficient options structures with the Portfolio Manager
• Optimize option greeks and manage theta bleed, volatility surface dynamics, and timing
• Design and implement tail-hedging and downside protection frameworks
• Identify blind spots, hidden factor exposures, and liquidity gaps in multi-regime markets
• Develop drawdown mitigation processes and dynamically protect book performance
• Generate cross-asset trade ideas across equities, commodities, and FX with high conviction

Key requirements

• Exceptional understanding of option pricing, volatility dynamics, and derivatives structuring
• Significant buy-side experience from hedge fund or prop trading environment
• Strong quantitative skills to model multi-asset portfolios and stress-test scenarios
• Ability to challenge assumptions and clearly present risk trade-offs to the PM
• Degree in Finance, Mathematics, Economics, Accounting or related field; advanced degree a plus

• Outstanding communication and interpersonal skills
• Ability to challenge assumptions and collaborate with portfolio management
• Strong judgment under stress and in fast markets
• Option pricing expertise
• Volatility dynamics knowledge
• Derivatives structuring; cross-asset options experience preferred

…