Experienced Emerging Markets FX Trader

Gelber Group LLC; Stamford (CT); On-site; USD 72,000 - 120,000; Full time

Benefits offered by this job

Health benefits

401(k) plan

PTO and parental leave

Tuition reimbursement

Discretionary bonus

Job summary

Gelber Group is seeking an Experienced Emerging Markets FX Trader. You will join a fast-paced team to capitalize on opportunities across EM FX, macro products, and regional markets. Expect a strong emphasis on in-person collaboration in our Chicago office and a highly competitive compensation structure including profit sharing.

You will manage a trading book, analyze macro drivers, and develop strategies while maintaining strict risk controls in a meritocratic environment.

Qualifications

• Proven track record of profitability in emerging markets FX for at least two years in a risk-taking role.
• Strong understanding of macroeconomic drivers impacting EM currencies, rates, and capital flows.
• Experience trading EM spot FX, NDFs, EM options, or related macro products.
• Deep knowledge of LATAM, CEEMEA, or APAC markets.
• Entrepreneurial mindset and highly competitive nature.
• Excellent communication and interpersonal skills; autonomous and collaborative.
• Proven self-starter with product knowledge, trading methodology, and market insight.
• Ability to manage and communicate risk per firm policies during volatility.
• Proficiency with trading platforms, execution algorithms, and market data analysis tools.
• Strong understanding of liquidity dynamics and event risk in EM.
• Openness to feedback and adaptability.

Responsibilities

• Manage own trading book with EM FX products incl. spot, NDFs, futures, options.
• Identify macro and cross-asset opportunities across LATAM, EMEA, APAC.
• Analyze market trends, order flow, liquidity, and patterns for trading opps.
• Monitor central bank policy, sovereign risk, inflation, capital flows, politics.
• Collaborate across trading desks to achieve team goals and manage risk.
• Develop and test discretionary and systematic trading strategies.
• Conduct independent research to uncover new opportunities.
• Monitor risk and PnL changes; communicate developments to leadership.
• Navigate markets with varying liquidity and regulatory considerations.
• Build the business through mentorship and continuous market engagement.

Skills

EM FX trading

Macro drivers

Risk management

Execution platforms

Communication

Team player

Tools

Trading platforms

Execution algorithms

Market data tools

Job description

We are Gelber Group -- Passion for Trading. Powered by Technology.

Headquartered in Chicago with offices across the United States and Europe, for more than 40 years, we have set the bar as one of the industry’s most innovative and enduring proprietary trading firms. Our success derives from a relentless pursuit of new trading ideas and careful attention to technology. We believe in a culture of entrepreneurship, innovation, and collaboration and we empower each member of our team to have a meaningful impact from the very start of their career with Gelber. We invest in our future through our technology and talented staff, strategically committing resources to move our firm forward and help our people succeed. We trade a little bit of everything here and are always looking to expand into new opportunities. Our flat organizational structure and focus on a true meritocracy with competitive profit splits attracts individuals with an edge which contributes to our consistent success.

As an Experienced Emerging Markets FX Trader, you will have a real opportunity to make a significant impact on the firm. You will work side by side with other successful and talented individuals to capitalize on opportunities across global Emerging Markets FX and macro products. This role is designed for someone who flourishes in a fast-paced environment, has a strong work ethic, a competitive mindset, and a proven record of profitability in Emerging Markets trading for at least two years.

This position will require a strong emphasis on in-person presence in our Chicago office, located in River North right next to the Merchandise Mart and convenient to public transportation.

What You’ll Do

• Manage your own trading book with a focus on emerging markets FX products including spot, NDFs, futures, options, and local rates-related opportunities
• Identify and capitalize on macroeconomic, geopolitical, and cross-asset dislocations across LATAM, EMEA, and APAC markets
• Analyze market trends, order flow, liquidity conditions, and technical patterns to identify trading opportunities in both developed and emerging economies
• Continuously monitor central bank policy, sovereign risk, inflation dynamics, capital flows, and political developments impacting emerging markets currencies
• Collaborate closely across trading desks to execute team goals while ensuring core risk standards are observed
• Develop, test, and refine discretionary and/or systematic trading strategies using historical data and real-time market conditions
• Conduct independent research to uncover new opportunities and improve the performance and scalability of existing strategies
• Monitor material changes in levels of risk and variance in PnL, particularly during volatile macro events, and proactively communicate developments to leadership
• Navigate trading environments with varying liquidity profiles, market structures, and regional regulatory considerations
• Build and grow your business through collaboration, mentorship, and continuous market engagement

What We’d Like to See

• Proven track record of profitability in emerging markets FX for at least two years in a risk-taking role
• Strong understanding of macroeconomic drivers impacting emerging markets currencies, rates, and capital flows
• Experience trading products such as EM spot FX, NDFs, EM options, or related macro products
• Deep knowledge of one or more regional markets including LATAM, CEEMEA, or APAC
• Entrepreneurial mindset and highly competitive nature
• Excellent communication and interpersonal skills with the ability to work both autonomously and as a collaborative team player
• Proven self-starter with exceptional product knowledge, trading methodology, and market insight
• Ability to manage and communicate risk in accordance with Firm policies and limits, especially during periods of elevated volatility
• Proficiency with trading platforms, execution algorithms, and market data analysis tools
• Strong understanding of liquidity dynamics, execution considerations, and event risk specific to emerging markets
• Openness to feedback and willingness to adapt trading style as market regimes evolve
• Strong work ethic and understanding that the more you put into your craft, the more you’ll get out of it
• Mentality of continuous improvement

The approximate annual base compensation range for this positionin White Plains, New York is $72,000 to $120,000 + percent share of the profits you generate. The actual offer, reflecting the total compensation package plus benefits, will be determined by a number of factors which include but are not limited to the applicant’s experience, knowledge, skills, and abilities; geographic location; and internal equity. In addition to your salary, our total rewards package includes health benefits, a 401(k) plan, PTO, parental leave, professional development, tuition reimbursement and discretionary bonus, enhancing your overall total rewards package.

Benefits and Culture

• Medical, Dental and Vision Benefits
• Life insurance and long-term disability
• 401K
• Generous vacation time, paid holidays, and paid parental leave
• Social events including team dinners and company parties
• Employee referral bonus program
• Tuition Reimbursement
• Charitable giving and company match
• Casual, relaxed office environment

If you are based in California, we encourage you to read the Gelber Privacy Notice for California Employees and Applicants, linked here.