Senior ETF Desk Trader — Lead, Optimize & Scale

Hedge Fund; Chicago (IL); On-site; USD 250,000 - 420,000; Full time

Job summary

Hedge Fund in Chicago seeks a senior trader to own an established ETF trading desk. The infrastructure is in place; this role focuses on running, refining, and scaling the existing book, including pricing models, fair-value engines, trading tools, and risk systems.

You will take over immediately, validate and extend models, manage daily risk and hedging, oversee create/redeem operations, and prepare clean PnL attribution for leadership as the desk expands into new markets.

Qualifications

• 5+ years trading experience with international ETFs, ADRs, or futures.
• Experience managing pricing models for closed-market components.
• Proven ability to run a book with real risk limits and PnL accountability.
• Self-sufficient with lean infra; minimal ops support required.
• Strong quantitative/technical grounding and ability to modify pricing/risk code.

Responsibilities

• Take over and run the existing book/tools immediately — minimal ramp-up tolerance
• Validate, tune, and extend current pricing/fair-value models
• Own daily risk and inventory management, including cross-product hedging
• Manage create/redeem operations and vendor/AP relationships with minimal ops hand-holding
• Identify where the current setup breaks down and course-correct without escalation
• Set the desk up to scale into Emerging/Developed Markets once sector trading is stable
• Report clean PnL attribution and risk metrics to leadership

Skills

ETF trading

ADR trading

Futures trading

Pricing models

Risk management

PnL ownership

Job description

Hedge Fund in Chicago seeks a senior trader to own an established ETF trading desk. The infrastructure is in place; this role focuses on running, refining, and scaling the existing book, including pricing models, fair-value engines, trading tools, and risk systems.

You will take over immediately, validate and extend models, manage daily risk and hedging, oversee create/redeem operations, and prepare clean PnL attribution for leadership as the desk expands into new markets.