As a Trader intern, you will complete a training program run by our traders, including mock trading, project work and programming courses. Throughout the internship you will be exposed to our market making desks whilst having the opportunity to get to know us at our regular social events. At the end of the internship you will be considered for a place on our 2022 or 2023 Graduate Trader Program.
We are looking for penultimate or final year applicants from any quantitative background with a competitive nature and a strong understanding of probability and statistics to join our team. Start date to be determined at offer. We are looking for penultimate year applicants from any quantitative background with a competitive nature and a strong understanding of probability and statistics to join our team for the summer.
Applications now closed
Maven deploys Market Making strategies on listed Options and Futures on multiple exchanges across Europe, America and Asia. We are consistently ranked within the top three liquidity providers on the exchanges and markets in which we are mature.
Our Portfolio Managers execute a global range of diversified strategies, seeking substantial returns on the invested capital. Our ambition is to maintain our position as a market leading multi-strategy trading desk.
Our approach to trading is scientific and technology driven. Tight integration between trading and software development and relying on cutting edge infrastructure is core to our success. Our teams of C++ / C# / FPGA developers and Trading System Engineers are responsible for our in-house applications, ranging from the world’s lowest latency execution systems, through web-based user interfaces, to tools that interrogate multi-terabyte data sets.
To effectively support a rapidly expanding business across multiple sites and jurisdictions, our Business Operations teams provide industry leading advice and support enabling the business to nimbly scale and capture new opportunities. Business Operations covers Tax, Finance, Operations, Risk, Compliance, Business Development and HR.
This statement is made on behalf of Maven Group of Companies (“Group”)*, pursuant to section 54 of the Modern Slavery Act 2015 (the “Act”) and constitutes our slavery and human trafficking statement for the financial year ending 30 June 2020
The Group firmly condemns modern slavery and human trafficking and acknowledges the importance of complying with the Act. The Group always operates in accordance with its core values. We are committed to act with integrity and fairness in all our business dealings and relationships and to implement and enforce effective systems and controls to ensure modern slavery is not taking place anywhere in our own businesses or within those of our suppliers.
The Group has companies in Europe, Asia, Australia and the United States with over 250 employees. The Group specialises in proprietary trading and market making in the financial sector and therefore, considers the risk of modern slavery and human trafficking within its supply chain to be low. The Group’s suppliers mainly include IT providers, professional advisors and services provided by other advisory firms. However, the Group is aware that modern slavery and human trafficking can happen in any sector of activity.
As part of the Group’s commitment to prevent unethical behaviour throughout its business, the Group conducts robust background checks of employees and has a Whistleblowing Policy. The Whistleblowing Policy outlines the procedure for employees to report suspected wrongdoings anonymously to the Group or directly to the FCA, including modern slavery and human trafficking. The Group is also proud to actively promote human rights through its engagement with charities.
During the last financial year, the Group did not implement specific new steps to assess and manage the risk of slavery and human trafficking in its business and supply chain.
This statement has been approved by the relevant Boards of Directors. The statement will be reviewed annually to reflect the Group’s duties under the Act.
* The Group includes but is not limited to the following entities: Maven Securities Holding Ltd, Maven Europe Ltd; Maven Asia Hong Kong Limited; Maven Investment Partners Ltd and Maven Investment Partners US Limited.
Our Operations team is at the very centre of trading and technology, managing the primary control framework supporting all the forward looking elements of the business. You’ll benefit from one of the broadest educations that we offer. You’ll be responding quickly to the changing elements of the business and the external environment. Taking the driving seat for selecting and developing processes and technology, you will meet the ever-changing needs of traders, strategies and ideas.
We are looking for candidates who know how to think on their feet, can analyse complex situations and prioritize under pressure. Practical experience with SQL or Python is required.
Applications now closed.
Applications for our Security Operations Program will open in 2022.
As a Maven Graduate you will complete an intensive training program in accounting and finance. You will rotate through a series of roles with a view to understanding every aspect of the finance function: management accounting, statutory reporting, operational finance, regulatory reporting and treasury. We aim to provide you with a solid training in the fundamentals of accounting and finance in year one. You will build on this foundation in years two and three and have exposure to the global business from day one allowing you to make an impact as soon as you are ready.
In addition to your training at Maven we will sponsor you to become ACA/CTA qualified giving you time off to complete your studies during the week. You will also receive mentorship and coaching throughout the graduate program to set you up for success.
Applications for our Finance Graduate Program will open in 2022.
As a Trader graduate, you will complete an intensive 12-month training program run by our most talented traders, including classroom sessions, mock trading, project work and programming courses. We will teach you the skills to trade with the latest available tools. You will rotate through a number of desks before you find your ideal team, and we aim to give you responsibility for the profit and loss of your book as soon as you are ready.
We are looking for penultimate or final year applicants from any quantitative background with a competitive nature and a strong understanding of probability and statistics to join our Graduate Trader Program.
*Applications for our London Program will open in September 2021
When in the office, I’d usually try and grab something to eat from the kitchen and have a coffee before starting at my desk. The selection at home isn’t as good but the coffee is still a prerequisite.
I usually log on before 7.50am in order to answer any urgent trader queries prior to the market open and perform checks that prevent any impact on trading PnL or positions. A key part of our role is to ensure any errors or issues from the prior day are resolved or explained as soon as possible. These issues can involve errors on the broker’s part, technological/system issues or amendments to prior day trades.
We can also receive manual trade bookings that need to be booked before the open. The majority of our communication with the portfolio managers and traders is conducted over online chat but when we are in the office, it’s sometimes easier to speak directly. I enjoy working with the Front Office closely.
In busy periods it can be very fulfilling prioritising issues and helping different desks at the same time. It’s satisfying to solve problems under what can be a high degree of pressure. We receive a variety of queries that can be very time sensitive. We speak to our team in Hong Kong and discuss any issues that may need to be handed over.
Another coffee. Issues that have arisen earlier in the day may carry on until mid-morning, but if not, there’s usually a lull in urgent tasks where I can take time to go through the group inbox and identify any important issues. Due to the variety of different trading strategies Maven employs, as a team, we have exposure to a wide array of asset classes and products. There are always opportunities to encounter new processes and learn about new markets & products. We get to see the life cycle of a trade from start to finish.
A big positive of working in Security Operations is the chance to work and interact with lots of other teams in the company. We receive ad-hoc queries from the Finance, Business Development, IT Development, Legal and Risk teams. Requests here can be related to system improvements, PnL issues, margin and money movements or account set ups.
We have a team catch up on Zoom. Any serious issues will be escalated and we’ll share the happenings of the morning, then give an outlook on what we have planned for the rest of the day. In the office the catch up is usually less formal and we’ll speak to each other as we work – the daily Zoom catch up has been a useful substitution.
I’ll have lunch and go out for some fresh air, I’m lucky that there’s a nice park near my flat, when in the office I’ll often go out for a walk in the City. Both Maven offices are in good locations.
More responding to ad-hoc queries. We also have several reports to send to the wider company which need to be as accurate as possible. I’ll try and make a start on any on-going projects I have, again, we have a wide variety of work here.
The US team start their day and we respond to any queries they may have prior to the US open. The European open, US open and European close are probably are busiest parts of the day. The US side of the business has been rapidly expanding and it’s rewarding to help with day-to-day issues.
Resume project work – there can be a mixture of long lasting projects or tasks which take a few days to finish. These can include developmental work or new joiner related tasks. As Maven is constantly exploring opportunities in new areas, this is another learning point. I’ve learned SQL since I’ve worked at Maven and this is incorporated in most projects and has helped in my role. I’m hoping to start learning Python soon.
We’ll start to receive requests related to the day’s trading as we head into the European close. Traders will want to make sure that their daily wrap PnL is correct and there is nothing outstanding that could cause problems in the future. We have a variety of daily processes that we need to check, so our brokers and prime brokers receive correct trade related information.
I’ll have another check of the communication channels and handover anything important to Hong Kong for them to pick up in a few hours. Commute from desk to sofa.