Relative Value Trader
Chicago, IL - USA
Job Summary
About Us:
Founded 20 years ago and headquartered in Chicago the DV Group of financial services firms has grown to more than 600 people operating throughout North America Europe and Asia. 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.
Overview:
DV Trading is looking for a proven Relative Value Trader who wants the freedom to run capital scale ideas quickly and trade on a high-performance proprietary is an opportunity for a trader who already knows how to generate alpha in correlated products and wants the infrastructure capital and autonomy to grow a strategy without the constraints typical of larger the first 3 to 6 months this role will be based in Chicago to accelerate integration with the team platform andtrading environment.
Responsibilities:
- Run your own relative value trading strategy using DV Tradings capital
- Identify execute and scale opportunities across correlated products
- Build refine and improve models signals and execution approaches
- Own risk positioning and P&L with a high degree of autonomy
- Leverage DV Tradings platform technology and support to grow your book
Requirements:
- At least 1 year of experience on a professional relative value trading desk
- A track record of trading profitable RV strategies in a professional setting
- Strong preference for experience using factor models in correlated products
- Sharp quantitative instincts strong market intuition and disciplined risk management
- A self-directed trader who wants real ownership and accountability
Benefits:
- Discretionary bonus eligibility
- Medical dental and vision insurance
- HSA FSA and Dependent Care options
- Employer Paid Group Term Life and AD&D Insurance
- Voluntary LTD Life & AD&D insurance
- Flexible vacation policy
- Retirement plan with employer match
- Paid parental leave
- Wellness Programs
Why DV Trading:
- Trade with firm capital
- Run your own strategy
- Move fast in a performance-driven environment
- Access the platform and support needed to scale
Annual compensation range $100-200K base profit share with meaningful upside
DV is not accepting unsolicited resumes from search firms. Only search firms with valid written agreements with DV should submit resumes in response to DVs 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.
The range below reflects the expected base salary for this position. It represents a good-faith estimate of the base pay we anticipate offering with actual compensation determined by your experience education skills and performance throughout the interview process. This role is also eligible for a discretionary bonus (at DV Tradings discretion) and DV Tradings benefits package including the benefits listed above.
Base Salary Range
$100000 - $200000 USD
About Company
DV Trading is a North American-based proprietary trading firm with a significant presence on derivatives and securities exchanges worldwide.