Junior Derivatives Sales Trader – Growth & Client Impact

SpiderRock; Chicago (IL); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Highly competitive pay

Unlimited PTO

Wellness programs

401K Safe Harbor Plan and Match

Job summary

SpiderRock is seeking a Junior Sales Trader for our Chicago office to support equity options trading and ensure smooth trade execution and settlement. The role involves assisting the Sales and Trading team, managing order flow, and building strong client relationships.

Ideal candidates hold a Bachelor’s degree and have experience in the financial industry with knowledge of derivatives. Extensive benefits include competitive pay, wellness programs, and generous vacation policies.

Qualifications

• 1 – 5 years’ experience in the financial services industry, preferably in derivatives trading or middle office role.
• Understanding of US listed Equity Options Market structure, exchange clearing, and settlement process.
• Series 7, 63, and 57 are required or expected to attain within 6 months of hiring.

Responsibilities

• Assist SpiderRock’s NY Sales and Trading team with order handling and execution of client equity orders.
• Manage order flow across multiple execution paths both high and low-touch.
• Investigate and address settlement and trading failures to minimize all market and operational risk.

Skills

Deep knowledge of options and listed equity derivatives

Strong interpersonal skills

Independent project and time management

Experience with Microsoft applications

Demonstrable experience with sales and trading tools

Education

Bachelor's degree in finance, economics, business, math, or equivalent

Tools

Bloomberg

Trafix OMS

Ice Chat

Job description

SpiderRock is seeking a Junior Sales Trader for our Chicago office to support equity options trading and ensure smooth trade execution and settlement. The role involves assisting the Sales and Trading team, managing order flow, and building strong client relationships.

Ideal candidates hold a Bachelor’s degree and have experience in the financial industry with knowledge of derivatives. Extensive benefits include competitive pay, wellness programs, and generous vacation policies.