Gelbergroup
Experienced Equity Options Discretionary Trader
Chicago, IL. Posted 5 months ago
The role
You will manage your own trading book with a focus on the US and Global Equities market. You will manage risk for a portfolio of active strategies and develop trading strategies using historical and real-time data.
What you will do
- Manage your own trading book with a focus on the US and Global Equities market
- Manage your own risk of a portfolio of active strategies and drive trading decisions
- Collaborate across your trading desk to execute teams goals while ensuring core risk standards are met
- Analyze market trends, order flow, and technical patterns to identify trading opportunities
- Develop, test, and refine your trading strategies using historical data and real-time market conditions
- Continuously monitor market conditions, news, and macroeconomic events impacting equities
- Conduct research to develop new strategies and improve the performance of your existing strategies
- Monitor material changes in levels of risk and variance in PnL and communicate changes to leadership
- Grow your own business through mentorships
Required qualifications
- Entrepreneurial mindset with competitive nature
- Excellent communication and interpersonal skills
- Ability to work autonomously and as a team player
- Proven self-starter with exceptional product knowledge, trading methodology, and market insight
- Ability to manage and communicate risk in accordance with the policies and limits set forth by the Firm
- Proficiency with trading platforms, execution algorithms, and market data analysis tools
- Openness to feedback and willingness to adapt your trading style
- Strong work ethic
- Mentality of continuous improvement
- 3 years or more of verified risk-adjusted profitability
Benefits
- Traditional and Roth 401(k) retirement program
- Comprehensive health benefits including medical coverage provided by Blue Cross and Blue Shield (PPO and HDHP/HSA) and dental coverage
- Tuition reimbursement for Graduate courses
- Flexible Spending Accounts for health care and dependent care
- Pre-tax commuter benefits for parking and transit expenses
- Life insurance and long-term disability coverage
- Health club membership with on-site facilities and reciprocal memberships
- Generous vacation time, paid holidays, and paid parental leave
- Catered lunch provided Tuesday, Wednesday, & Thursdays and stocked pantry daily and monthly continental breakfasts
- Social events including sponsored 5k races and annual company party
- Office includes a golf simulator and pool table
- Employee referral bonus program
About the company
Gelber Group is an innovative proprietary trading firm headquartered in Chicago. The firm has operated for more than 40 years with a culture of entrepreneurship, innovation, and collaboration.