Updating Results

Akuna Capital

4.4
  • 100 - 500 employees

Trader - Graduate Program (Aug 2024)

Location details

On-site

  • Australia

    Australia

    • New South Wales

      Sydney

Location

Sydney

Opportunity expired

Opportunity details

  • Opportunity typeGraduate Job or Program
  • SalaryAUD 140000 / Year
  • Additional benefits+ attractive bonus package
  • Number of vacancies10 vacancies
  • Application open dateApply by 31 May 2024
  • Start dateStart date 6 Aug 2024 - 12 Feb 2025

Want to turn your passion for trading into a career? 

Akuna is one of the youngest and fastest growing firms, with trading teams in traditional finance as well as emerging crypto and defi markets. Our traders are bright, well-rounded thinkers, competitive, and ambitious! Joining us as a Graduate Trader, we donโ€™t need you to have any finance or trading experience. We are looking for individuals with potential, a desire to compete and drive to create immediate impact in our growing firm.

Our Juniors are trusted with more responsibility and opportunity to advance quickly in your career. We have brilliant young people leading some of our largest desks and have a number of desks in development. Weโ€™re committed to providing collaborative & valuable mentorship from our experienced Traders that will help you to learn quickly, find value from our Akunacademy program. Our team values strong mental maths, great communication, a passion for problem solving and finding creative solutions. If youโ€™re ready to challenge yourself at an exciting firm with opportunity to grow and develop, Akuna is the place for you!

Start dates: August 2024 & February 2025

What youโ€™ll do:

  • Learn the basics first from our Trader Training Program during your initial six-weeks, guided through our classroom style lectures, written assessments, mock trading games and job shadowing.  
  • Develop the essential skills to build a strong foundation in the following areas: market making, options greeks, risk management, proprietary systems and much more.
  • Learn how to value futures & options, hedge your risk, and get comfortable with option combinations through mock trading games guided by our experienced traders. 
  • Develop your technical skills by immersing yourself in a statistics-based project where you will be solving real problems being faced by our trading teams.
  • Experience what itโ€™s like to be a Trader at Akuna through desks rotations, where we then select where we believe you can have the biggest impact and career growth.
  • Build relationships with like-minded people through our mentor program, social events, team challenges and much more which will see you working hard and playing hard.

What youโ€™ll bring:

  • Australian or NZ citizen or Australian Permanent residence only
  • Final year student graduating by/between August 2024 and February 2025 or have graduated within the previous 3 years
  • An academic background in Mathematics, Statistics, Computer Science, Actuarial Science, Engineering, Economics, or related degrees with a distinction average (or equivalent)
  • Strong mental math, pattern recognition and probability skills
  • Work experience that enhanced your communication, problem solving, analytical, and teamwork skills
  • No prior knowledge or coding requirements, just a desire to learn about financial markets and economics theories
  • Risk appetite & ability to work well under pressure in a fast-pace, team environment.
  • Ability to commence in August 2024 or February 2025.

What youโ€™ll get:

  • Structured learning program built upon our flagship Options 101 Course by our dedicated Trader Training Manager
  • An attractive base salary, generous bonus structure & relocation package if youโ€™re not from Sydney.
  • Professional development, global mobility opportunities & tuition reimbursements to make sure you keep learning.
  • Buddy program to help you transition into Akuna, your role and team, as well as build connections and support network
  • Catch up with your colleagues over coffee made by our in-house barista & grab a bite to eat in our fully stocked kitchen
  • Weekly social events, team competitions & Akuna clubs
  • 180-degree views of Darling Harbour in our collaborative, open plan office space in Barangaroo
  • Paid volunteer leave to give back to communities and/ causes that are important to you

Do you have strong Quantitative skills?

We hire Junior Quantitative Traders & Researchers that need to have both Maths & Coding skills, so if you have these skills, our Quant team might be the best fit!

  • Programming skills in Python or C++ is a must 

Studies or projects in Data analytic, Big Data, Machine Learning, or related fields

Work rights

The opportunity is available to applicants in any of the following categories.

Work light flag
Australia
Australian Citizen โ€ข Australian Permanent Resident
Work light flag
New Zealand
New Zealand Citizen

Qualifications & other requirements

You should have or be completing the following to apply for this opportunity.

Degree or Certificate
Qualification level
Qualification level
Bachelor (Honours) or higher
Study field
Study field (any)

Hiring criteria

  • Experience requirementNo experience required
  • Working rights
    Australian Citizen
  • Study fields
    Engineering & Mathematics
  • Degree typesBachelor (Honours) or higher
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Reviews

user
Graduate
Sydney, Australia
โ€ข
4 years ago

It is a mix of keeping old systems alive and trying to build new systems on infrastructure.

user
Intern
Perth
โ€ข
4 years ago

Working on the Vals/Quant team, my role involves both bridging the gap between our quant research work and our prop systems as well as building mechanisms to improve our research capability.

user
Midlevel
Sydney
โ€ข
4 years ago

As a trader, I'm responsible for overseeing our automated trading systems. This includes making sure it's behaving the way we'd expect, working with Devs on bugs to fix, or testing new features to implement. I also conduct research on potential new opportunities, and build tools to help us capitalize on those opportunities. It's exciting to know that my actions daily have a clear and noticeable impact on the bottom line.

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About the employer

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Akuna Capital

Rating

4.4

Number of employees

100 - 500 employees

Industries

Trading

Akuna Capital is an innovative trading firm with a strong focus on collaboration, cutting-edge technology, data driven solutions and automation.

Pros and cons of working at Akuna Capital

Pros

  • There's a really diverse range of backgrounds, so there's always an opportunity to have interesting conversations. The work itself is challenging and fun.

  • The people. Everyone is highly motivated and super intelligent.

  • I've been given the freedom to work on projects I find particularly interesting. As Iโ€™ve improved, Iโ€™ve been given more responsibility and trust, and itโ€™s rewarding to know that I contribute significantly to the company.

  • Working with some of the smartest and most driven people. Unique insight into an opaque industry. Very intellectual culture. Decent Work-Life-Balance for "high finance"

  • Collaborative environment, interesting work, flat work hierarchy, meritocracy, well compensated

Cons

    • Weird/late hours sometimes.

    • Steep learning curve, intense work and high expectations can be challenging.

    • Intense atmosphere sometimes causes stress

    • A bit of a steep learning curve because you need to learn so much so quickly