Company Description
Peakwater Management is a Singapore-based volatility-focused hedge fund applying systematic, relative-value, and cross-asset volatility strategies. Peakwater Management Funds are managed by Pilgrim Partners Asia (Pte.) Ltd., a licensed investment manager under the Monetary Authority of Singapore. We combine quantitative research, disciplined risk management, and scalable execution to capture volatility premia across global multi-asset classes.
We are expanding our trading team and looking for a Options Trader with strong quantitative training, hands-on options trading experience, and the ability to code and automate execution workflows.
Role Description
This role is ideal for a candidate with 13 years of experience in options trading, quantitative research, or derivatives analytics. You will support the CIO in day-to-day trading, systematic strategy development, and cross-asset volatility research, with the opportunity to take on increasing levels of autonomy as you grow within the team.
Key Responsibilities
- Assist in daily trading and execution across global index, single stock, and ETF options.
- Conduct volatility term structure analysis, options pricing modelling, and scenario stress testing.
- Support the development of systematic and algorithmic trading workflows in Python and/or Java.
- Build and maintain internal tools for risk monitoring, Greeks attribution, PnL decomposition, and signal generation.
- Participate in macro & equities research, linking market fundamentals with volatility dynamics.
- Contribute to backtesting, data cleaning, factor analysis, and model validation.
- Work closely with CIO to enhance strategy scalability, trade ideas, and portfolio construction.
- Maintain discipline in risk limits, execution quality, and operational accuracy.
Requirements
- 13 years of hands-on experience in options trading, derivatives research, or quantitative trading.
- Strong foundation in options pricing, Greeks, implied volatility, skew/term-structure dynamics.
- Understanding of equities, macro fundamentals, and cross-asset market drivers.
- Proficiency in Python and/or Java for quantitative research and automated execution.
- Bachelor's or Master's degree in a quantitative discipline (Engineering, Physics, Mathematics, Computer Science, Quant Finance, or similar).
- Familiarity with market data platforms, broker systems (e.g., IBKR), and execution APIs is a plus.
- Ability to operate in a fast-paced, small-team hedge fund environment with high accountability and intellectual curiosity.
- Strong communication, attention to detail, and passion for markets.
What We Offer
- Direct mentorship from the CIO and exposure to multi-strategy volatility trading.
- Opportunity to take ownership of strategy modules and execution pipelines.
- Competitive compensation linked to performance and value creation.
- A high-growth environment in one of the top emerging volatility hedge funds in Asia, with clear career progression as the fund scales.
- A culture that values innovation, research-driven decision making, and disciplined risk management.
