European Bonds Trader / German Bunds Trader

• Bachelor's degree or higher or equivalent in a quantitative discipline
• Experience in European government bonds volatility trading.
• Proven ability to manage risk and interpret macro drivers in the rates markets.
• Excellent communication and proven ability to build relationships with institutional counterparties.

• Experience specifically within German Bunds (options) are strong advantage.
• Proficiency in Python is a plus, as is familiarity with electronic trading systems (e.g., MTS, Eurex, Bloomberg, Tradeweb).

You'll join a culture of collaboration and excellence, where you'll be surrounded by curious thinkers and creative problem solvers. Motivated by a passion for continuous improvement, you'll thrive in a supportive, high-performing environment alongside talented colleagues, working collectively to tackle the toughest problems in the financial markets.

In addition, you'll receive:

• A performance-based bonus structure unmatched anywhere in the industry. We combine our profits across desks, teams and offices into a global profit pool.
• The opportunity to work alongside best-in-class professionals from over 50 different countries.
• 25 paid vacation days in your first year, increasing to 30 from your second year onwards.
• Training opportunities, discounts on health insurance, and fully paid first-class commuting expenses.
• Extensive office perks, including breakfast, lunch and dinner, world-class barista coffee, in-house physio and chair massages, organized sports and leisure activities, and Friday afternoon drinks.
• Training and continuous learning opportunities, including access to conferences and tech events.
• Competitive relocation packages and visa sponsorship where necessary for expats.

As a German Bunds Volatility Trader at Optiver, you will take a leading role in trading and risk-managing interest rate volatility across the German government bond complex - Bund, Bobls and Schatz. This role blends the fast-paced decision-making of a screen trader with the relationship-driven insights of an institutional trader. You'll operate at the intersection of liquidity provision, market structure expertise, and client interaction helping Optiver to maintain its position as a leading liquidity provider in European fixed income markets.

• Trade and actively manage volatility risk across German Bunds and related fixed-income derivatives, leveraging Optiver's proprietary pricing models, execution infrastructure, and real-time risk systems.
• Quote, price, and execute options and volatility trades for institutional counterparties, ensuring competitive markets, tight spreads, and efficient hedging across Bunds, Bobls, and Schatz products.
• Collaborate with quantitative researchers, developers, and fellow traders to refine volatility surfaces, optimize execution algorithms, and enhance risk and pricing models for interest rate options.
• Continuously analyze macroeconomic, central bank, and market microstructure developments that influence European sovereign bond volatility, identifying and acting on trading opportunities in real time.
• Develop and maintain strong relationships with counterparties, brokers, and market participants to strengthen Optiver's position as a leading liquidity provider in European rates volatility.
• Contribute to the strategic expansion of Optiver's volatility trading capabilities, including new products, cross-market strategies, and innovations in the European fixed income and derivatives landscape.