Junior Trader

About Us:Founded more than 15 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 450 people operating throughout North America and in Europe. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.Responsibilities:

Work alongside senior interest rate derivative traders with a specific focus on STIR options Learn about proprietary methodologies as well as grey-box market making strategies Build and maintain trading models Set a Vol surface that is fundamentally sound, appropriately rigid where trades represent capturable noise around the surface Use instantaneous flow/trade/market information to make decisions on reducing or adding specific portfolio risks as holdtimes change Regularly conduct scenario analysis for idiosyncratic risks and ahead of events

Build in-depth product knowledge across rates with particular focus on CB policy as well as current ECB liquidity implications for money market rates Gain experience managing expiration risk, pin risk and handling zero-vol delta decay

Liaise with brokers, maintaining existing relationships

Requirements:

Strong work ethic and ability to learn quickly in a fast paced, high-pressure environment Detail oriented, organized and diligent Strong interest in trading and interest rate derivatives in particular Strong understanding of math, probability and statistics Proficient with Excel and VBA, Python and statistical modeling Advanced aptitude for problem solving and multitasking

  DV is not accepting unsolicited resumes from search firms. Only search firms with valid, written agreements with DV should submit resumes in response to DV’s posted positions. All resumes submitted by search firms to DV via e-mail, the Internet, personal delivery, facsimile, or any other method without a valid written agreement shall be deemed the sole property of DV, and no fee will be paid in the event the candidate is hired by DV. DV is proud to be an equal opportunity employer and committed to creating an inclusive environment for all employees.

Apply Now: