European Bonds Trader / German Bunds Trader
OptiverAbout the Role
As a German Bunds Volatility Trader, 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 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
- Quote, price, and execute options and volatility trades for institutional counterparties
- Collaborate with quantitative researchers, developers, and fellow traders to refine volatility surfaces and enhance risk models
- Analyze macroeconomic and market microstructure developments that influence European sovereign bond volatility
- Develop and maintain strong relationships with counterparties and brokers
Requirements
- Bachelor’s degree or higher or equivalent in a quantitative discipline
- Experience in European government bonds volatility trading
- Experience specifically within German Bunds (options) are strong advantage
- Proven ability to manage risk and interpret macro drivers in the rates markets
- Excellent communication and proven ability to build relationships with institutional counterparties
- Proficiency in Python is a plus
- Familiarity with electronic trading systems (e.g., MTS, Eurex, Bloomberg, Tradeweb)
What You'll Get
- Performance-based bonus structure; profits across desks, teams and offices combined 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