Graduate Programme - US Sports

Posted 2 days 17 hours ago by Mustard Systems

Permanent
Full Time
Graduate and Post Graduate Jobs
London, United Kingdom
Job Description

We are a small, world-class quantitative trading firm where machine learning, neural networks and advanced data engineering drive our algorithmic trading strategies. Our Graduate Programme is an excellent opportunity to start your career at the intersection of technology, mathematics, sport and financial markets. This year's programme will focus on one particularly exciting challenge: building a new trading operation targeting emerging prediction markets in the UK and the rapidly growing US sports market. You will join a small group of exceptional graduates dedicated to building and growing our prediction-markets trading operation. You will work on a live commercial product from the outset, solving real problems with real impact, in a company with proven success in turning ideas into profitable strategies.

Programme Content

Prediction markets are creating an entirely new landscape for quantitative trading. New exchanges, products and market structures are appearing rapidly. Prices can move in milliseconds, liquidity can be fragmented, and similar outcomes may trade differently across multiple outlets. We are building systems to understand and trade these markets at scale. You will be given genuine responsibility and a problem to solve from the beginning, such as:

  • Process live sports, market and pricing data
  • Build a model to estimate probabilities and identify mispriced contracts
  • Design, develop and optimise high-frequency trading systems
  • Analyse strategy performance in testing and live trading
  • Implement tools to manage trading risk, capital and exposure
  • Investigate platforms, products and markets to identify opportunities
Programme Structure

The programme lasts 12 months. Your role will be varied and unbound by a narrow description. Developers will need to understand markets. Traders will need to understand data. Quants will need to turn their ideas into functioning systems. The team combines software development, quantitative research, sports analysis and trading, with each person contributing according to their strengths while learning how the whole operation fits together. The team shares ideas, solves problems and builds better systems collectively, and each team member will develop expertise across all disciplines and support others in doing so. As the programme progresses, you will take increasing ownership of the areas where you show the greatest ability and interest. You do not need to arrive knowing what you want to specialise in. Part of the purpose of the programme is to help you discover your strengths and interests. Following the initial 12 months, successful candidates will have the opportunity to join the team permanently.

Qualifications

We are looking for depth in at least one area - software development, mathematics/quantitative analysis, or sports analysis, and curiosity and flexibility to work across disciplines. A successful candidate will have:

  • Be highly analytical and enjoy solving difficult, unfamiliar problems
  • Be comfortable working with large datasets and complex systems
  • Have the ability to turn ideas into practical solutions independently
  • Be curious and eager to learn how models, technology and markets interact
  • Enjoy working in an environment where speed, accuracy and reliability matter, and be willing to test ideas and challenge assumptions
Requirements
  • A bachelor's degree or higher in a quantitative subject from a leading university
  • The right to work in the UK, or the ability to obtain it
  • Evidence of something you have pursued independently outside your formal studies (e.g., software built, research conducted, model developed, business started, game analysed, or a difficult problem you captured)
Benefits
  • Competitive salary and significant bonus potential
  • Offer of permanent position to successful candidates
  • Enhanced pension match with salary sacrifice option
  • Health insurance and life assurance
  • 33 days of annual leave (including bank holidays)