Experienced FX/Forex Trader

Gelbergroup; Chicago (IL); On-site; USD 72,000 - 120,000; Full time

Benefits offered by this job

401(k) retirement program

Comprehensive health benefits

Tuition reimbursement

Flexible Spending Accounts

Health club membership

Generous vacation time

Catered lunch

Social events

Job summary

Gelbergroup in Chicago is seeking an Experienced FX Trader to manage trading in a fast-paced environment and collaborate with talented peers to capture market opportunities. You will leverage your entrepreneurial mindset and strong work ethic to make significant contributions starting from day one.

A successful candidate will have at least 2 years of risk-adjusted profitability in FX markets, exceptional communication skills, and proficiency with trading platforms. The role requires strong analysis capabilities and an openness to feedback and adaptation in trading strategies.

This position offers a competitive annual compensation ranging between $72,000 and $120,000, along with a comprehensive benefits package including health benefits and a 401(k) plan.

Qualifications

• Minimum 2 years of verified risk-adjusted profitability in FX markets.
• Ability to manage and communicate risk according to policies.
• Openness to feedback and willingness to adapt trading style.

Responsibilities

• Manage your own trading book with a focus on FX products.
• Collaborate across trading desk to meet core risk standards.
• Analyze market trends to identify trading opportunities.

Skills

Risk-adjusted profitability in FX markets

Strong work ethic

Excellent communication skills

Proficient with trading platforms and market analysis tools

Entrepreneurial mindset

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 FX Trader, you will have a real opportunity to have a huge impact on the firm. You will work side by side with other successful and talented individuals to capitalize on market opportunities. This role is for someone who flourishes in a fast-paced environment, has a strong work ethic, a competitive attitude, and a proven record of profitability in a trading position for at least 2 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 FX products
• 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 macroeconomic events, central bank policy shifts, and geopolitical developments to identify opportunities
• 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, especially focused around deviation from your plans, and proactively communicate those changes to leadership
• Grow your own business through mentorships

What we’d like to see:

• 2 years or more of verified risk-adjusted profitability in FX markets
• Entrepreneurial mindset with competitive nature
• Excellent communication and interpersonal skills with the 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 with changes in market conditions
• 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 position in Chicago, IL is $72,000 to $120,000. 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 Highlights

Gelber offers a wide range of benefits to full-time employees in order to meet you and your covered dependents needs. Our comprehensive benefits offering includes:

• 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 (taken after employment begins)
• 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
• Brand new office in the heart of Chicago’s River North neighborhood, attached to the Merchandise Mart and “EL” stop and a short walk from both Ogilvie and Union Train Stations
• 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
• Enjoyable collaborative and open work environment including a golf simulator and pool table
• Employee referral bonus program
• Charitable giving and company matching opportunities
• Casual, relaxed dress code

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