Equity Options Trader Jobs
Equity Options Trader jobs are open across hedge funds, proprietary trading firms, investment banks, and market makers, from junior trader to senior desk head, with specializations in volatility arbitrage, derivatives structuring, and equity derivatives market making. Find a role that fits below and apply directly.
Find Equity Options Trader JobsOverview
Showing 5 of 9+ Equity Options Trader jobs
Requisition ID: 277534
Salary Range: 165,000.00 - 195,000.00
Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Associate, Equity Derivatives Options Trader
Global Banking and Markets
Global Banking and Markets (GBM) is a leading Capital Markets and Investment Banking platform with a competitive presence across the Americas, operating globally over 100 years. Scotiabank’s strong US presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.
Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group including transaction banking and trade finance solutions.
Be part of an innovative Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition to every future!
Purpose
Contributes to the success of the Global Equity Derivatives and Investor Solutions teams by supporting the pricing, trading, and risk management of equity derivatives products. Executes assigned responsibilities and initiatives in support of the team’s business objectives while ensuring compliance with applicable regulations, internal policies, procedures, and risk limits.
What You’ll Do:
- Promotes a client-focused culture by supporting strong client relationships and leveraging the Bank’s broader capabilities, systems, and expertise
- Supports senior traders in managing market risk across the US trading books by ensuring that all transactions are captured accurately and on a timely basis
- Provides accurate and timely pricing for products within the role’s area of responsibility and provides backup coverage across the Global Equity Derivatives trading team as required
- Provides feedback to the Financial Engineering team to enhance the equity derivatives model suite and strengthen pricing and risk-management capabilities
- Ensures that all material risks are accurately reflected in Risk Monitor and monitors key risk metrics against the approved limits set out in the Desk’s Limits and Controls Schedule
- Operates in accordance with the Desk’s approved Volcker operating plan and all applicable business controls
- Supports the Equity Derivatives Technology team in testing model enhancements and assessing post-implementation results to reduce model and operational risk
- Analyzes and summarizes equity volatility market activity for Sales and senior management, highlighting relevant market developments, client flows, and risk considerations
- Maintains volatility, dividend, repo, and correlation assumptions for US underlying using approved models, tools, and governance processes
- Coordinates with Operations, Technology, Risk, Finance, and other internal support functions to resolve issues affecting the Global Equity Derivatives trading books
- Adheres to day-to-day business controls and fulfils obligations relating to operational risk, regulatory compliance risk, AML/ATF risk, and conduct risk, including responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook, and Guidelines for Business Conduct
- Demonstrates intellectual curiosity by developing a strong understanding of market dynamics, pricing methodologies, risk management, and client requirements, while identifying opportunities to improve the Desk’s systems and processes
What You'll Bring:
- Minimum of two years of professional experience in equity derivatives or options trading
- Strong understanding of global capital markets, equity derivatives, and structured products
- Knowledge of the US structured-products market, including the pricing and risk management of autocallables, worst-of structures, barrier options, correlation products, and other exotic derivatives
- Understanding of exotic equity derivatives; knowledge of hybrid products would be an asset
- University degree in finance, business, mathematics, engineering, computer science, or another quantitative discipline
- Ability to perform effectively in a fast-paced, demanding, and collaborative trading environment
- Holds, or is able to obtain, all registrations and licenses required to trade equities, options, and futures in the applicable US jurisdictions
- Advanced Microsoft Excel and VBA skills
- Proficiency in Python or another programming language is strongly preferred
- Experience using AI-assisted development tools and large language models to support research, software development, data analysis, and process automation is an asset
- Strong collaboration and communication skills, with the ability to work effectively across Trading, Sales, Financial Engineering, Technology, Risk, Finance, and Operations
- Demonstrates intellectual curiosity, sound judgment, attention to detail, and a strong commitment to continuous development
Interested
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.
What's in it for you?
Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.
Location(s): United States : New York : New York City
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.
Scotiabank is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by federal, state, or local law.
Requisition ID: 277534
Salary Range: 165,000.00 - 195,000.00
Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Associate, Equity Derivatives Options Trader
Global Banking and Markets
Global Banking and Markets (GBM) is a leading Capital Markets and Investment Banking platform with a competitive presence across the Americas, operating globally over 100 years. Scotiabank’s strong US presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.
Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group including transaction banking and trade finance solutions.
Be part of an innovative Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition to every future!
Purpose
Contributes to the success of the Global Equity Derivatives and Investor Solutions teams by supporting the pricing, trading, and risk management of equity derivatives products. Executes assigned responsibilities and initiatives in support of the team’s business objectives while ensuring compliance with applicable regulations, internal policies, procedures, and risk limits.
What You’ll Do:
- Promotes a client-focused culture by supporting strong client relationships and leveraging the Bank’s broader capabilities, systems, and expertise
- Supports senior traders in managing market risk across the US trading books by ensuring that all transactions are captured accurately and on a timely basis
- Provides accurate and timely pricing for products within the role’s area of responsibility and provides backup coverage across the Global Equity Derivatives trading team as required
- Provides feedback to the Financial Engineering team to enhance the equity derivatives model suite and strengthen pricing and risk-management capabilities
- Ensures that all material risks are accurately reflected in Risk Monitor and monitors key risk metrics against the approved limits set out in the Desk’s Limits and Controls Schedule
- Operates in accordance with the Desk’s approved Volcker operating plan and all applicable business controls
- Supports the Equity Derivatives Technology team in testing model enhancements and assessing post-implementation results to reduce model and operational risk
- Analyzes and summarizes equity volatility market activity for Sales and senior management, highlighting relevant market developments, client flows, and risk considerations
- Maintains volatility, dividend, repo, and correlation assumptions for US underlying using approved models, tools, and governance processes
- Coordinates with Operations, Technology, Risk, Finance, and other internal support functions to resolve issues affecting the Global Equity Derivatives trading books
- Adheres to day-to-day business controls and fulfils obligations relating to operational risk, regulatory compliance risk, AML/ATF risk, and conduct risk, including responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook, and Guidelines for Business Conduct
- Demonstrates intellectual curiosity by developing a strong understanding of market dynamics, pricing methodologies, risk management, and client requirements, while identifying opportunities to improve the Desk’s systems and processes
What You'll Bring:
- Minimum of two years of professional experience in equity derivatives or options trading
- Strong understanding of global capital markets, equity derivatives, and structured products
- Knowledge of the US structured-products market, including the pricing and risk management of autocallables, worst-of structures, barrier options, correlation products, and other exotic derivatives
- Understanding of exotic equity derivatives; knowledge of hybrid products would be an asset
- University degree in finance, business, mathematics, engineering, computer science, or another quantitative discipline
- Ability to perform effectively in a fast-paced, demanding, and collaborative trading environment
- Holds, or is able to obtain, all registrations and licenses required to trade equities, options, and futures in the applicable US jurisdictions
- Advanced Microsoft Excel and VBA skills
- Proficiency in Python or another programming language is strongly preferred
- Experience using AI-assisted development tools and large language models to support research, software development, data analysis, and process automation is an asset
- Strong collaboration and communication skills, with the ability to work effectively across Trading, Sales, Financial Engineering, Technology, Risk, Finance, and Operations
- Demonstrates intellectual curiosity, sound judgment, attention to detail, and a strong commitment to continuous development
Interested
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.
What's in it for you?
Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.
Location(s): United States : New York : New York City
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.
Scotiabank is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by federal, state, or local law.
See All 9 Equity Options Trader Jobs
Find roles that match your experience and apply in just a few clicks.
Find Equity Options Trader JobsEquity Options Trader Job Market
Who's Hiring
Top Industries Hiring
- Investment & Asset Management
- Banking & Financial Services
What Employers Look For
The qualifications that appear most often in equity options trader jobs.
- Proficiency with options pricing models including Black-Scholes and volatility surface construction
- Series 7 and Series 57 licenses or willingness to obtain them
- Experience trading equity derivatives or listed options in a live market environment
- Strong quantitative skills in Python, C++, or MATLAB for strategy development and analysis
- Deep understanding of options greeks and their practical application to risk management
- Bachelor's degree in mathematics, finance, engineering, computer science, or a related quantitative field
Tips for Your Equity Options Trader Job Search
Quantify your P&L and risk metrics
Hiring desks want to see specific performance data: Sharpe ratios, average daily volume traded, drawdown limits managed, and gross P&L contribution. Vague claims about profitability get skipped. Use actual figures from your trading history wherever disclosure rules allow.
Highlight your options pricing model fluency
List the specific models you've built or used, whether Black-Scholes adjustments, local vol, or stochastic vol frameworks like Heston. Naming the models and the contexts in which you applied them signals real desk experience rather than classroom exposure.
Apply early to roles that fit
Migrate Mate lists equity options trader openings from across the United States in one place, so you can find roles that match and apply directly to each listing.
Target firms by their trading style
Prop shops, market makers, and bulge-bracket desks each look for different things. Prop shops prioritize independent strategy development, market makers want execution speed and pricing accuracy, and banks often emphasize client facilitation. Tailor your resume's emphasis to match the firm type.
Prepare for live options pricing exercises
Most equity options trader interviews include real-time market-making or pricing scenarios where you quote two-sided markets on hypothetical options. Practice quoting bid-ask spreads under time pressure and explaining your greeks exposure before you walk into any interview.
Negotiate comp structure, not just base salary
At trading desks, the split between base, guaranteed bonus, and performance payout varies enormously by firm type. Ask explicitly about the profit-sharing percentage, drawdown clauses, and whether the payout is tied to desk P&L or individual book performance before accepting any offer.
Equity Options Trader Jobs: Frequently Asked Questions
Which companies are hiring the most equity options traders?
The companies hiring the most equity options traders right now include LPL Financial, Citi, and Scotiabank, with the largest share of openings in Illinois, Arizona, and New York, based on current listings on Migrate Mate as of November 2026. Demand is concentrated at proprietary trading firms, market makers, and large investment bank derivatives desks.
How many equity options trader jobs are remote?
About 25% of equity options trader openings are fully remote or hybrid as of November 2026, reflecting the low-latency and desk-coordination requirements of most active trading roles. Research and quantitative strategy positions within options groups tend to offer more remote flexibility than live market-making or execution-focused roles.
How do you become an equity options trader?
Start with a quantitative undergraduate degree in mathematics, finance, or engineering, then build working knowledge of options pricing theory and derivatives markets through coursework or personal trading. Pursue Series 7 and Series 57 licensing early. Entry points include junior trader roles at prop shops, trading internships at market makers, or quantitative analyst positions at banks that allow a move onto the derivatives desk.
Can you get hired as an equity options trader with little experience?
Entry-level equity options trader roles do exist, particularly at proprietary trading firms that run structured training programs for candidates with strong quantitative backgrounds. Demonstrating fluency in options theory, greeks, and basic pricing models in your application materials matters more than years on a live desk. A personal trading account with documented results, even at small scale, can substitute for professional history in early-career applications.
What does the equity options trader interview process look like?
Most equity options trader interviews involve a first-round quantitative screen covering probability, mental math, and basic options theory, followed by a technical round where you price hypothetical options or explain your greeks exposure in a live scenario. Final rounds typically include a conversation with the desk head about market views and risk management philosophy. Prop firms often add a simulated trading exercise before extending an offer.
Where can I find and apply to equity options trader jobs?
You can find and apply to equity options trader jobs on Migrate Mate, which lists current openings from across the United States. Find roles that match your experience and specialization, then apply directly to each listing from the page.
See All 9 Equity Options Trader Jobs
Find roles that match your experience and apply in just a few clicks.
Find Equity Options Trader Jobs