Senior Equity Discretionary Trader – Chicago Desk

Tradermath; Chicago (IL); Hybrid; USD 72,000 - 120,000; Full time

Benefits offered by this job

Traditional 401(k)

Health benefits

Tuition reimbursement

Paid time off

Parental leave

Professional development

Discretionary bonus

Job summary

Gelber Group, headquartered in Chicago, seeks an Experienced Equity Discretionary Trader to lead a trading book focused on US and global equities. You will collaborate with top traders to capitalize on market opportunities, requiring a proven profitability record of 3+ years in a fast-paced environment and a strong in-person presence at the Chicago River North office.

The role emphasizes risk management, strategy development, and mentoring newer traders, with a competitive compensation package

Qualifications

• Entrepreneurial mindset and competitive nature required.
• Excellent communication and interpersonal skills; able to work autonomously and in a team.
• Proven self-starter with trading knowledge and strong market insight.
• Ability to manage and communicate risk per Firm policies.
• Proficiency with trading platforms and execution algorithms; data analysis tools.
• Open to feedback and able to adapt trading style with market changes.
• Strong work ethic; commitment to continuous improvement.
• 3+ years of verified risk-adjusted profitability.

Responsibilities

• Manage your own trading book focused on US and Global Equities.
• Manage risk of portfolio of active strategies and drive trading decisions.
• Collaborate across desk to achieve team goals while meeting core risk standards.
• Analyze market trends, order flow, and patterns to identify opportunities.
• Develop, test, and refine trading strategies using data and real-time conditions.
• Monitor market conditions, news, and macro events affecting equities.
• Research to develop new strategies and improve existing ones.
• Monitor changes in risk and PnL; communicate changes to leadership.
• Grow your business through mentorships.

Skills

Entrepreneurial mindset

Communication skills

Trading knowledge

Risk management

Trading platforms

Market data analysis

Feedback openness

Work ethic

Continuous improvement

Profitability track record

Tools

Trading platforms

Execution algorithms

Market data tools

Job description

Gelber Group, headquartered in Chicago, seeks an Experienced Equity Discretionary Trader to lead a trading book focused on US and global equities. You will collaborate with top traders to capitalize on market opportunities, requiring a proven profitability record of 3+ years in a fast-paced environment and a strong in-person presence at the Chicago River North office.

The role emphasizes risk management, strategy development, and mentoring newer traders, with a competitive compensation package