Relative Value Trader

DV Trading LLC; Chicago (IL); On-site; USD 100,000 - 200,000; Full time

Benefits offered by this job

Discretionary bonus eligibility

Medical, dental, and vision insurance

Retirement plan with employer match

Flexible vacation policy

Job summary

DV Trading LLC is seeking a proficient Relative Value Trader based in Chicago, Illinois. This role allows traders the autonomy to manage capital and scale ideas quickly using their proprietary platform. You will be responsible for executing a personal trading strategy, identifying profitable opportunities, and making independent trading decisions.

The ideal candidate will have at least 1 year of experience in a trading desk environment, where they have successfully executed relative value strategies. Competitive compensation of $100,000–$200,000 plus potential profit share.

Qualifications

• At least 1 year of experience on a professional relative value trading desk.
• A track record of trading profitable RV strategies.
• Experience using factor models in correlated products.

Responsibilities

• Run your own relative value trading strategy using DV Trading's capital.
• Identify, execute, and scale opportunities across correlated products.
• Own risk, positioning, and P&L with a high degree of autonomy.

Skills

Professional relative value trading

Factor models

Quantitative instincts

Disciplined risk management

Job description

About Us

Founded 20 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 600 people operating throughout North America, Europe and Asia. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a burgeoning investment adviser.

Overview

DV Trading is looking for a proven Relative Value Trader who wants the freedom to run capital, scale ideas quickly, and trade on a high-performance proprietary platform. This is an opportunity for a trader who already knows how to generate alpha in correlated products and wants the infrastructure, capital, and autonomy to grow a strategy without the constraints typical of larger institutions. For the first 3 to 6 months, this role will be based in Chicago to accelerate integration with the team, platform, and trading environment.

Responsibilities

• Run your own relative value trading strategy using DV Trading's capital
• Identify, execute, and scale opportunities across correlated products
• Build, refine, and improve models, signals, and execution approaches
• Own risk, positioning, and P&L with a high degree of autonomy
• Leverage DV Trading's platform, technology, and support to grow your book

Requirements

• At least 1 year of experience on a professional relative value trading desk
• A track record of trading profitable RV strategies in a professional setting
• Strong preference for experience using factor models in correlated products
• Sharp quantitative instincts, strong market intuition, and disciplined risk management
• A self‑directed trader who wants real ownership and accountability

Benefits

• Discretionary bonus eligibility
• Medical, dental, and vision insurance
• HSA, FSA, and Dependent Care options
• Employer Paid Group Term Life and AD&D Insurance
• Voluntary LTD, Life & AD&D insurance
• Flexible vacation policy
• Retirement plan with employer match
• Paid parental leave
• Wellness Programs

Why DV Trading

• Trade with firm capital
• Run your own strategy
• Move fast in a performance-driven environment
• Access the platform and support needed to scale

Compensation

Annual compensation range $100,000–$200,000 USD base + profit share with meaningful upside. The role is eligible for a discretionary bonus (at DV Trading's discretion) and DV Trading's benefits package, including the benefits listed above.

Equal Employment Opportunity

DV is proud to be an equal opportunity employer and committed to creating an inclusive environment for all employees. DV is not accepting unsolicited resumes from search firms. Only search firms with valid, written agreements with DV should submit resumes in response to DV's posted positions. All resumes submitted by search firms to DV via e-mail, the Internet, personal delivery, facsimile, or any other method without a valid written agreement shall be deemed the sole property of DV, and no fee will be paid in the event the candidate is hired by DV.