Impress employers and recruiters.
Choose from hundreds of resume examples.
Impress employers and recruiters.
Choose from hundreds of resume examples.
Tailor your resume to this Trader (Convertible Bonds) role.
Rezi rewrites your resume against PEAK6's job description. Free.
Tailor your resume to this Trader (Convertible Bonds) role.
Rezi rewrites your resume against PEAK6's job description. Free.
Don't guess if your resume is good enough.
See how it scores against the Trader (Convertible Bonds) posting at PEAK6 — free, in seconds.
Don't guess if your resume is good enough.
See how it scores against the Trader (Convertible Bonds) posting at PEAK6 — free, in seconds.
About the Role
Seeking a Convertible Bonds Trader to join the Equity Capital Markets team, focusing on volatility-driven strategies. This role involves trading convertible bonds with an emphasis on embedded optionality, managing gamma, vega, and volatility exposure, and identifying relative value opportunities.
Responsibilities
- Trade convertible bonds with an emphasis on the embedded optionality — managing gamma, vega, and volatility exposure across the book
- Identify and execute relative value opportunities between convertible bonds, their underlying equity, listed options, and credit
- Monitor and hedge delta, gamma, and vega exposures in real time; adjust hedges as underlying equity and implied vol shift
- Build and refine pricing/valuation views using derivatives pricing tools, challenging model outputs against market-observed levels
- Analyze issuer credit quality, capital structure, and fixed income terms (yield-to-worst, conversion premium, credit spread) as inputs to trade decisions
- Partner with senior traders on position sizing, risk limits, and book construction
- Stay current on primary issuance, calls/puts, corporate actions, and other events that affect convert valuations
Requirements
- 5-8 years of experience trading or supporting a trading function in convertible bonds, equity derivatives, or volatility products
- Strong grounding in options theory (Black-Scholes, Greeks, vol surfaces, skew/term structure dynamics)
- Solid fixed income math (yield curves, duration, credit spreads, YTW/YTM/YTC mechanics)
- Proficiency with Bloomberg (CBs, OMON, derivatives pricing functions) and other derivatives pricing/analytics platforms
- Demonstrated ability to think in terms of risk (Greeks) rather than just price
- Strong quantitative reasoning and comfort making decisions under uncertainty and time pressure
- Excel proficiency required
- Python or other scripting ability a plus for automating analysis
- A competitive, self-directed mindset suited to a prop trading environment
- No specific degree required — but a track record and demonstrated market knowledge matter
Skills
- Convertible bonds trading
- Equity derivatives
- Volatility products
- Options theory
- Fixed income math
- Bloomberg
- Derivatives pricing
- Quantitative reasoning
- Excel
- Python (plus)
Location
- Remote (up to two days a week)
Work Type
- Hybrid
Experience Level
- 5-8 years
Education Level
- No specific degree required
Salary/Compensations
- $100,000-$125,000
Benefits
- Healthcare benefits (medical, dental and vision, EAP)
- Competitive PTO
- 401k match
- Parental leave
- HSA contribution match
- Paid subscription to the Calm app
- Generous external learning and tuition reimbursement benefits
- Discretionary annual bonus
About the Company
- PEAK6 Capital Management is a proprietary options trading firm with over 25 years of industry experience.
- The firm consistently delivers liquidity to the options market through a blend of financial acumen, risk management, and cutting-edge technology.
- Success is driven by a team of technologists, engineers, and traders leveraging proprietary tech and a data-centric approach.
Equal Opportunity
- PEAK6 is proud to be an equal opportunity employer that does not discriminate on the basis of race, color, religion, sex (including pregnancy, sexual orientation, and gender identity), national origin, age, disability, veteran status, marital status, or any other protected characteristic.
- Hiring practices ensure that all qualified applicants receive fair consideration without regard to these characteristics.
- PEAK6 is committed to creating an inclusive and accessible workplace for all candidates, including those with disabilities.
- Dedicated to ensuring equal employment opportunities and providing reasonable accommodations to qualified individuals with disabilities.
- If reasonable accommodations are required to participate in the application or interview process, contact HR at hr@peak6.com.