Electronic Options Trader – Market Making & Risk

Wolverine Trading; Chicago (IL); On-site; USD 100,000 - 150,000; Full time

Benefits offered by this job

100% medical, dental, vision, life, &–

Parental leave

401K and Roth 401K

Profit sharing

Short/Long-term disability

Free breakfast and lunch

On-site gym

Frequent company outings

Chicagoland community support

In-house education team

Mentorship program

Job summary

Wolverine Trading is seeking an experienced electronic option trader to join the Option Market Making Desk in Chicago. You will manage risk across multiple products and work with traders and engineers to enhance risk management logic and processes.

We offer a collegial environment with fast feedback and increasing responsibilities. The role requires working in the Chicago Loop office 5 days a week and offers a competitive compensation package with base salary and discretionary bonus.

Qualifications

• 2+ years of managing risk on an electronic market making desk.
• Strong communication skills and a desire to work in a team environment.
• Ability to perform trade analysis and identify solutions.
• Self-motivated, adaptable.
• Commitment to learning and innovation.
• Excellent analytical skills.

Responsibilities

• Manage risk and execution across multiple products.
• Manage parameters that affect option pricing.
• Conduct product-specific research to identify idiosyncratic risks.
• Identify macro catalysts within your names.
• Identify and investigate trades using analysis tools and logs.
• Collaborate with desk engineers and traders to improve strategies and applications.
• Must work in the Chicago Loop office 5 days a week.

Skills

Risk management

Communication

Trade analysis

Self-motivation

Adaptability

Analytical skills

Job description

Wolverine Trading is seeking an experienced electronic option trader to join the Option Market Making Desk in Chicago. You will manage risk across multiple products and work with traders and engineers to enhance risk management logic and processes.

We offer a collegial environment with fast feedback and increasing responsibilities. The role requires working in the Chicago Loop office 5 days a week and offers a competitive compensation package with base salary and discretionary bonus.