Mid-Level FX Volatility Trader (Zurich)

G-20 Group seeks a Mid-Level FX Volatility Trader in Zürich to manage proprietary portfolios across G10 and EM markets, combining quantitative analysis with discretionary trading.

This position focuses on the management and expansion of proprietary foreign exchange volatility strategies within both G10 and emerging market currency sectors. The role operates within a high-performance trading environment where advanced technology, rigorous quantitative research, and strict risk discipline are central to achieving trading objectives.

Responsibilities

• Oversee proprietary FX volatility portfolios, including both vanilla and structured options.
• Design and implement discretionary and quantitative strategies for volatility trading.
• Price and execute FX options while actively managing Greeks, volatility exposures, and overall portfolio risk.
• Track implied and realized volatility, skew, term structure, correlations, and relevant macroeconomic trends.
• Build and maintain quantitative tools for pricing, volatility forecasting, and trade selection.
• Analyze market data to uncover statistical relationships and inefficiencies in FX volatility markets.
• Partner with quantitative researchers and developers to enhance pricing models, execution systems, and trading infrastructure.
• Manage positions within established risk limits, ensuring accurate P&L attribution and risk reporting.
• Assess strategy performance and propose improvements based on market conditions and quantitative insights.
• Monitor central bank policies, macroeconomic events, and geopolitical developments affecting FX volatility.
• Support the enhancement of G-20's trading technology and research capabilities.

Requirements

• Bachelor's or Master's degree in Finance, Mathematics, Economics, Physics, Engineering, Computer Science, or a related quantitative field.
• At least 4 years of experience trading FX options or volatility strategies in a bank, proprietary trading firm, hedge fund, or market maker.
• Solid understanding of FX options pricing, implied volatility, volatility surfaces, Greeks, and risk management.
• Proven ability to manage proprietary risk and generate independent trading ideas that contribute to performance.
• Deep knowledge of G10 FX markets and the macroeconomic drivers of volatility.
• Strong analytical and quantitative skills with the ability to make fast, data-driven trading decisions.
• Excellent understanding of market microstructure and electronic execution.
• Strong communication skills and ability to work collaboratively with traders, quants, and engineers.
• Highly motivated, disciplined, and comfortable operating in a fast-paced trading environment.

Nice to have

• Experience trading event volatility around central bank meetings, inflation releases, and macroeconomic events.
• Familiarity with volatility modelling, stochastic volatility models, or systematic volatility strategies.
• Knowledge of electronic trading platforms and execution analytics.
• Demonstrated track record of consistent risk-adjusted trading performance.

About the company

G-20 Group is a leading cross-asset trading firm active in delta-one and derivatives markets. The company offers liquidity solutions, treasury management, and institutional advisory services. The company has a robust global presence in EMEA, Americas, and APAC.

• Leading cross-asset trading firm active in delta-one and derivatives markets.
• Offers liquidity solutions, treasury management, and institutional advisory services.
• Robust global presence in EMEA, Americas, and APAC.