Experienced Proprietary Trader (Discretionary / Algorithmic)

Gelber Group LLC; 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

Paid parental leave

Casual dress code

Job summary

A respected proprietary trading firm in Chicago is seeking an Experienced Trader to capitalize on market opportunities. The ideal candidate will have a minimum of 2 years of proven profitability, strong analytical skills, and the ability to develop trading strategies. Responsibilities include teamwork within a fast-paced environment and adhering to risk-management guidelines. The firm offers a competitive salary range of $72,000 to $120,000, along with comprehensive health benefits and a collaborative work culture.

Qualifications

• Minimum 2 years of proven profitability as a trader.
• Ability to create and support quantitative models.
• Thrives in a fast-paced trading environment.

Responsibilities

• Capitalize on market opportunities.
• Adhere to risk-management guidelines.
• Develop trading strategies for consistent profits.

Skills

Proven track record of profitability

Trading strategy development

Data-analysis programming languages

Strong communication

Self-starter

Teamwork and collaboration

Tools

Python

Job description

Experienced Trader Job Description

We are Gelber Group – Passion for Trading. Powered by Technology. Headquartered in Chicago with offices across the United States and Europe, we have been one of the industry’s most innovative and enduring proprietary trading firms for more than 40 years. 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 empower each member of our team to have a meaningful impact from the very start of their career with Gelber.

Overview

As an Experienced 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.

Requirements

• Proven track record of profitability as a trader for at least two years
• Develop and implement trading strategies aimed at generating consistent profits while adhering to risk‑management guidelines and regulatory requirements
• The ability to create and support quantitative models
• Experience with data‑analysis programming languages (Python is a plus)
• An attentive, mindful, and focused demeanor
• Proven self‑starter
• Ability to thrive in a fast‑paced and dynamic trading environment, with a focus on teamwork, collaboration and continuous improvement
• Strong communicator who works well with others but also thrives in an entrepreneurial environment

Compensation

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, including but 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.

Benefits Highlights

• 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, & Thursday 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.