Junior Fixed Income Relative-Value Trader — Fast-Paced Desk

DV Trading; Chicago (IL); On-site; USD 90,000 - 140,000; Full time

Job summary

DV Trading, a Chicago-based proprietary trading firm, seeks a Junior Fixed Income Relative Value Trader to work directly with the head of the trading desk on live positions, research, execution, and risk management. The role offers steep learning, ownership, fast-paced decision making, and exposure to portfolio construction, quantitative research, and risk controls.

Requires a quantitative degree, strong analytical drive, and willingness to work from our Northfield, IL office for 18 months; base

Qualifications

• Bachelor's degree in economics, mathematics, statistics, physics, computer science, engineering, or another rigorous quantitative discipline.
• Strong quantitative reasoning and the ability to think clearly under pressure.
• Genuine interest in markets, trading, technology, and risk.
• The ability to learn unfamiliar concepts rapidly and turn them into useful work.
• Exceptional attention to detail. Small mistakes matter in trading.
• Strong ownership instincts. You identify problems and solve them without waiting to be managed.
• The resilience to handle direct feedback, demanding standards, and periods of intense work.
• The willingness and ability to work full-time from our Northfield, Illinois office for at least the first 18 months.

Responsibilities

• Work directly with the head of the trading desk on live positions, research, execution, and risk management.
• Monitor fixed-income markets, relative-value relationships, portfolio exposures, and trading opportunities.
• Build and improve analytical tools, trading systems, data pipelines, dashboards, and automated workflows.
• Research new strategies and test ideas using market data and quantitative methods.
• Investigate pricing discrepancies and explain what is driving changes in markets and portfolio performance.
• Execute accurately under pressure and follow through relentlessly.
• Take responsibility for operational details that cannot be allowed to fail.
• Learn the desk’s investment process from the inside and gradually assume greater trading and risk-taking responsibility.

Skills

Quantitative reasoning

Under pressure

Markets interest

Learning agility

Attention to detail

Ownership

Resilience

Education

Bachelor's degree in a quantitative field

Job description

DV Trading, a Chicago-based proprietary trading firm, seeks a Junior Fixed Income Relative Value Trader to work directly with the head of the trading desk on live positions, research, execution, and risk management. The role offers steep learning, ownership, fast-paced decision making, and exposure to portfolio construction, quantitative research, and risk controls.

Requires a quantitative degree, strong analytical drive, and willingness to work from our Northfield, IL office for 18 months; base