Amsterdam
Full-time
2-5 years experience
On-site

Key Skills

Single-stock options trading
Volatility skew analysis
Term structure
Dispersion trading
Relative Value strategies
Delta/Gamma hedging
Python
Equity derivatives
Risk management
Flow monitoring
Scenario backtesting
Execution edge

Job Description

About Us Mint Tower Capital is an investment boutique based in Amsterdam that manages over 1.2 billion USD and is growing rapidly. Our flagship fund, the Mint Tower Arbitrage Fund, is a multi-strategy arbitrage fund that manages investments across multiple asset classes such as fixed income, equities, convertible bonds and equity derivatives. Founded in 2010 by four partners, Mint Tower Capital has grown considerably and now actively manages assets for clients around the globe. We do so with a team of more than 40 hardworking, experienced specialists. Teamwork at Mint Tower is more than 40 individuals working side by side. It is about creating a culture in which we work hard, challenge each other’s ideas, look for new opportunities together using each other’s expertise and skills, look at the overall performance in combination with the performance per strategy, and cultivate a strong drive for performance combined with humor and a down-to-earth attitude. Volatility Trader Mint Tower is looking for a Volatility Trader to join its Volatility team. In this role, you will actively identify and pursue opportunities within the volatility universe. Primary Focus Actively positioning and trading single-stock options by identifying opportunities in volatility skew, term structure, and dispersion, while taking direct ownership of execution around company-specific catalysts such as earnings announcements, Capital Markets Days, mergers and acquisitions, and other special situations. Relative Value & Dispersion: Structuring and executing multi-legged single-stock vs. index dispersion and cross-name RV strategies. Trade Identification: Sourcing dislocations through flow monitoring, positioning diagnostics, and fundamental-catalyst mapping. Portfolio & Risk Operations: Managing dynamic delta/gamma hedging, capital/margin efficiency, funding costs, and multi-book optimization. Position Requirements Education: Graduate degree (MSc preferred) in Finance, Economics, Econometrics, Statistics, Mathematics, or equivalent quantitative discipline. Experience: Minimum 4+ years of hands-on trading or market-making experience focusing on equity derivatives, with a demonstrated PnL/execution track record in single-stock volatility. Single-Stock & Event Know-how: Deep familiarity with single-stock vol surface mechanics, execution friction/liquidity in single-name options, dispersion mechanics, and trading through binary/idiosyncratic events (earnings, CMDs, corporate actions). Less focus on academic/theoretical pricing models; heavy emphasis on execution edge, risk appetite, and relative value judgment. Quantitative Skills: Solid quantitative foundation with practical Python (or equivalent) capabilities for surface slicing, flow/data analysis, and scenario backtesting. Mindset: Collaborative, commercial, and commercially accountable; capable of managing risk budget independently while contributing to overall desk Sharpe/drawdown objectives. What we offer In addition to working in a great team with experienced volatility and fixed income traders we offer you benefits including: A competitive salary 25 holidays and the option to purchase additional days Access to an inhouse gym Commuter benefits Educational reimbursement plan Performance rewarded environment It is our ambition to continue expanding Mint Tower Capital. Are you the candidate to help us achieve this goal? If so, please respond to [email protected] and do not forget to add your resume and a motivation letter. Responses without a motivation letter will not be taken into consideration. Unsolicited approaches from recruitment agencies or recruiters will not be considered.

Core Responsibilities

The role involves identifying and trading opportunities in single-stock volatility, including skew, term structure, and dispersion. Responsibilities include managing dynamic hedging, capital efficiency, and executing trades around company-specific catalysts.

Requirements

Candidates must have a graduate degree in a quantitative field and at least 4 years of hands-on trading experience in equity derivatives. Proficiency in Python for data analysis and a deep understanding of single-stock volatility mechanics are required.

Benefits

  • Competitive salary
  • 25 holidays
  • Option to purchase additional days
  • Access to an inhouse gym
  • Commuter benefits
  • Educational reimbursement plan
  • Performance rewarded environment

About Mint Tower Capital Management

Industry: Investment Management

Company size: 11-50 employees

Mint Tower Capital, established in 2010, is an Amsterdam based investment adviser to the Mint Tower Arbitrage Fund a multi-strategy fund specialized in volatility arbitrage with a long volatility bias. Via a quantitative approach and a qualitative overlay the fund invests almost exclusively via liquid exchange cleared instruments in volatility strategies that span equities, credit and convertible bonds globally. The applied combined strategies provide consistent, uncorrelated, superior risk-adjusted returns throughout the economic cycle while decreasing the overall risk profile of a broader portfolio. Since the start of the fund, this resulted in a yearly positive net return, including the financial markets negative years (eg. 2011 and 2018). The fund's objective is a stable annual net return of approximately >5% over a period of 3-5 years, while focusing on capital preservation.

Added Today