Senior Mortgage Trader

The role

You will trade and manage risk across mortgage products on the current derivatives desk at TransMarket Group in Chicago. You will also help build the desk's quantitative tools, automation and e-trading work, and mentor junior traders.

What you will do

• Use mortgage expertise to manage risk and trade profitably
• Develop and maintain quantitative tools and analytics for strategy optimization
• Contribute to the desk's automation and e-trading initiatives, including algo pricing logic and auto-hedging workflows
• Collaborate with fellow traders to share insights and refine trading strategies
• Mentor junior traders on the desk

Required qualifications

• 5+ years of experience trading mortgages for a proprietary book
• Demonstrated track record of profitable mortgage trading
• Deep understanding of mortgage pricing and risk metrics
• Spec Pool Trading experience
• Proficiency with trading and risk systems
• Strong quantitative aptitude; ability to reason quickly under pressure with sound judgment on risk
• Excellent communication skills and a collaborative approach with sales and clients
• Strong work ethic and a collaborative mindset
• Physical presence on-site at the Chicago office, all 5 days

Benefits

• One of the most generous profit sharing programs in the industry
• More world-class benefits for full-time employees and their families

Before you apply

• Position requires physical presence on-site in Chicago, IL, all 5 days

About the company

TransMarket Group is a privately held global markets proprietary trading firm in Chicago, founded in 1980 as Aardvark Financial. It uses next-generation technology to capture opportunities worldwide and manage risk in financial markets.