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Experienced Options Trader - SOFR

Akuna Capital
🇺🇸ChicagoSeniorFull-time$145k+Posted May 8, 2026

About the Role

Join Akuna Capital's SOFR desk as an experienced electronic options trader in this mid-to-senior level role with a clear path to full desk ownership. You will be responsible for making markets and managing risk across CME SOFR options while collaborating with the floor team to maximize profitability. Working at the intersection of trading, technology, and quantitative research, you will manage a SOFR options portfolio with full P&L responsibility, develop volatility surface models and hedging strategies, and partner with technology teams to improve automated trading infrastructure. This role combines systematic pricing infrastructure with trader judgment, requiring genuine ownership, intellectual curiosity, and thriving in a high-performance, collaborative environment.

Requirements

  • 2+ years of experience trading SOFR, Eurodollar, or short-term interest rate options in an electronic market making environment, with clear P&L accountability
  • Deep understanding of options theory – Greeks, vol surface construction, term structure dynamics, and interest rate curve relationships
  • Proven risk management discipline: comfortable managing positions under pressure and across varied market regimes
  • Entrepreneurial self-starter who takes initiative and acts decisively, with a strong sense of ownership over their book and their desk’s performance
  • Technically engaged: able to analyze data, optimize parameters, and work hands-on with trading systems
  • Bachelor’s degree in Engineering, Economics, Statistics, Mathematics, Computer Science, Actuarial Science, or a related quantitative field
  • Strong quantitative and analytical instincts, with the ability to react quickly and accurately to rapidly changing market conditions
  • Collaborative mindset: able to communicate clearly and efficiently with quant researchers, technologists, and risk managers while fostering productive relationships across the firm
  • Detail-oriented and rigorous in approach, with a drive to continuously learn and improve
  • The ability to react quickly and accurately to rapidly changing market conditions, including the ability to quickly and accurately respond and/or solve math and coding problems are essential functions of the role
  • Specific experience with CME SR3 market microstructure and electronic liquidity provision
  • Familiarity with swap curve dynamics, OIS, Fed Funds, or broader fixed income context
  • Experience building or improving trading tools, pricing models, or automation in Python, C++, or similar
  • Track record of mentorship

What You'll Get

  • $145k+ base salary
  • Employer-paid medical, dental, and vision insurance
  • Retirement contributions
  • Paid time off
  • Discretionary performance bonus