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Derivatives Trader – Electronic Market Making
Derivatives Trader – Electronic Market MakingGenie Matthews and Associates • Chicago, Illinois, USA
Derivatives Trader – Electronic Market Making

Derivatives Trader – Electronic Market Making

Genie Matthews and Associates • Chicago, Illinois, USA
[job_card.variable_days_ago]
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  • [job_card.full_time]
[job_card.job_description]

Pay : $150000.00 - $185000.00 per year

Why This Is a Great Opportunity

  • Own real PnL and risk on live derivatives books at a high-performance proprietary trading firm.
  • Run and refine electronic market-making strategies in some of the worlds most competitive markets.
  • Work side-by-side with other experienced traders quants and technologists in a tight-knit collaborative team.
  • Direct impact on strategy design risk and long-term edgenot just button clicking.
  • Competitive base salary strong upside through performance bonuses and relocation support to Chicago.

Location

  • On-site in Chicago IL on a fast-paced trading floor with deep collaboration across trading research and technology teams.
  • Note

  • You must have at least 2 years of derivatives trading experience with direct PnL and risk responsibility plus 2 years operating electronic market-making software and be willing to work on-site in Chicago.
  • About Our Client Our client is a Chicago-based proprietary trading firm focused on building high-performance automated trading systems for global derivatives markets. Founded in 2011 they compete every day in complex fast-moving markets and believe the financial markets are the ultimate arena for curious driven and innovative people. They value low bureaucracy deep collaboration and a relentless drive to learn improve and win together.

    Job Description

  • Own maintain and grow revenue streams for one or more derivatives products on the trading desk.
  • Take full responsibility for risk and PnL making critical time-sensitive trading decisions in real time.
  • Operate and refine electronic market-making software ensuring strategies perform robustly across market regimes.
  • Collaborate closely with team leads other traders quants and risk managers to improve trading systems and operations.
  • Identify and implement systemic improvements to trading strategies tools and workflows to maintain competitiveness.
  • Monitor positions market conditions and risk exposures throughout the trading day and adjust as needed.
  • Provide feedback on model behavior execution quality and system performance to research and technology teams.
  • Contribute to idea generation around new products strategies and markets aligned with the firms risk framework.
  • Qualifications

  • 2 years of derivatives trading experience with direct ownership of PnL and risk.
  • 2 years of experience operating electronic market-making software in exchange-traded derivatives.
  • Strong ability to assess and manage risk in a derivatives portfolio across products and market conditions.
  • Deep interest in financial markets and a genuine passion for trading.
  • Strong math and numerical aptitude comfortable with quantitative concepts.
  • Relentless desire to improve and refine strategies processes and personal performance.
  • Entrepreneurial mindset with a tenacious proactive approach to problem solving.
  • Keen attention to detail and a willingness to dig into complex issues.
  • Quantitative analysis skills are a plus; advanced degrees are preferred but not required.
  • Ability to work on-site full time in the Chicago office.
  • Why Youll Love Working Here

  • Competitive base salary with meaningful performance-based bonus potential.
  • Top-tier medical and dental coverage along with other core benefits.
  • Relocation assistance package available for candidates moving to Chicago.
  • Generous vacation policy plus ongoing training and continuing education opportunities.
  • Daily catered lunch snacks and beverages provided.
  • Regular group outings company events and a casual dress environment.
  • High-trust low-politics culture where strong performance and smart risk-taking are rewarded.
  • JPC-516

    #LI-SK3

    Job Type : Full-time

    Benefits :

  • Dental insurance
  • Paid time off
  • Retirement plan
  • Vision insurance
  • Key Skills

    IDS,Electronic Warfare,PCB,Military Experience,Mobile Devices,Surface Mount Technology,Assembly Experience,Schematics,Security System Experience,Soldering,Programmable Logic Controllers,Troubleshooting

    Employment Type : Full-Time

    Experience : years

    Vacancy : 1

    Monthly Salary Salary : 150000 - 185000

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