Clear Point Group · 2 weeks ago
Volatility Trader- FX Options and Rates
Clear Point Group is a global investment firm seeking an experienced Volatility Trader to join its trading team. The role focuses on managing and trading volatility across FX options and interest rate products while identifying relative value opportunities and actively managing risk in a fast-paced environment.
Responsibilities
Trade and manage FX option and rates volatility portfolios, including vanilla and structured options
Identify relative value, carry, skew, and term-structure opportunities across global markets
Actively manage vega, gamma, and higher-order risks while maintaining disciplined risk controls
Develop and implement volatility strategies across major and emerging market currencies and rates
Analyze market dynamics, macro drivers, and event risk impacting volatility surfaces
Work closely with quantitative, structuring, and technology teams to enhance pricing, risk analytics, and execution
Monitor and manage P&L, stress scenarios, and tail risks
Contribute to ongoing improvement of models, analytics, and trading infrastructure
Qualification
Required
5+ years of experience trading or structuring FX options and/or rates derivatives
Deep understanding of volatility dynamics, Greeks, and options pricing models
Strong knowledge of global macro drivers, central bank policy, and rates markets
Proven ability to manage risk and generate consistent P&L across market cycles
Strong quantitative skills; proficiency with Excel required, programming experience (Python, VBA, or similar) a plus
Experience working in a hedge fund, proprietary trading, or bank trading environment
Ability to operate independently while collaborating effectively within a team
Preferred
Background in systematic or discretionary volatility strategies
Experience trading cross-asset volatility or relative value strategies
Familiarity with model calibration, volatility surface construction, and stress testing
Experience trading both developed and emerging markets