Front Office Developer / Volatility & Options / $60-75k P/M

Front Office Developer / Volatility & Options / $60-75k P/M / 12 month extendable contract

Overview

We are seeking a highly motivated Front Office Java Developer with strong knowledge of volatility modelling and equity options to join a fast-paced trading environment. The role sits close to the desk and plays a critical part in the development of market data calibration, volatility marking, and pricing tools used daily by Sales, Trading, Strats, and Financial Engineering teams.

This is a hands-on position offering direct exposure to live markets, complex derivatives, and real-time trading workflows.

Primary Responsibilities

• Design, develop, and maintain market data calibration and marking tools and processes for equity derivatives.
• Lead development focused on volatility marking:
• Implied volatility extraction from listed options prices.
• Event-driven volatility adjustments (earnings, dividends, macro events).
• Volatility surface construction, interpolation, and smoothing.
• Build and enhance real-time pricing, risk, and P&L support tools for the trading desk.
• Work closely with Sales, Traders, Quantitative Strats, IT, and Financial Engineering teams to streamline:
• Pricing workflows
• Trade booking
• Market data distribution
• Support production systems, diagnose pricing or market data issues, and deliver rapid fixes in a front-office environment.
• Contribute to architectural decisions and code quality standards for front-office libraries.

Required Skills & Experience

• Bachelor’s or Master’s degree in a quantitative subject such as Mathematics, Physics, Computer Science, Engineering, or similar.
• 2–5+ years of experience in a Front Office environment supporting trading, strats, or pricing platforms.
• Strong knowledge of equity derivatives, particularly:
• Vanilla and exotic options
• Volatility surfaces
• Implied vs local volatility
• Strong programming skills in Java(C++ highly desirable), applied within:
• Front office libraries
• Pricing engines
• Market data platforms
• Solid understanding of:
• Options pricing models (Black-Scholes, Greeks, smile/skew dynamics)
• Market data handling and real-time systems
• Ability to work under pressure in a fast-moving, team-oriented trading environment.

Argyll Scott Asia is acting as an Employment Business in relation to this vacancy.