Trading Analyst

Group One Trading, LP; Chicago (IL); On-site; USD 100,000 - 120,000; Full time

Benefits offered by this job

Health insurance

Group life insurance

Long-term disability

401(k) with company contribution

Paid vacation

Paid holidays

Sick leave

Interview travel reimbursement for int

Job summary

Group One Trading, LP in Chicago seeks a Trading Analyst to join its proprietary trading firm. You will participate in an intensive training program, become proficient in option theory, market dynamics, and our proprietary software, and then support senior portfolio managers on a trading desk.

The role offers a path toward becoming an equity options trader, with milestones and on-floor trading opportunities. The position comes with competitive compensation and a full benefits package.

Qualifications

• Advanced quantitative, analytical and problem solving skills.
• A deep curiosity of option and financial markets.
• Adaptive and self-driven.
• Strong verbal and written skills with ability to build relationships across teams.
• Undergraduate and/or graduate degree.

Responsibilities

• Participates in, and successfully completes, the training program.
• Fluency with both the usage and rules of all proprietary and non- proprietary applications and tools.
• Provide coverage for trading portfolios.
• Works with trading teams throughout the day by completing tasks with efficiency.
• Research and analyze trends in the financial markets and develop a keen awareness of how those trends and situations impact trading portfolios.
• Perform post-trade analysis utilizing our custom technology platforms.
• Effectively communicate across all functional groups; reporting pertinent information (news, earnings, etc.) in a timely fashion.
• Obtain a Series 57 license.

Skills

Quantitative analysis

Analytical thinking

Problem solving

Verbal written comms

Self-driven

Education

Undergraduate or graduate degree

Job description

Trading Analyst

Location: Chicago

Salary: $100,000 - $120,000

The Opportunity

Group One is looking for individuals who are interested in a career in proprietary trading. Analyst hires will participate in our intensive training program built on decades of industry expertise in option market making. Analysts will become proficient in option theory, market dynamics, and our proprietary software. Finally, analysts will join one of our trading desks and provide high level support for senior portfolio managers. Through this immersive and collaborative analyst progression program, our aim is to develop each of our analysts into successful equity option traders.

Who We Are

We are committed to creating a diverse environment and are proud to be an equal opportunity employer. At Group One, we value transparency and collaboration coming from unique perspectives and backgrounds. We strive to create a workplace in which all employees have an opportunity to participate and contribute to the success of the business.

What We Do

Group One is a proprietary trading firm specializing in market making and liquidity providing strategies in options markets. Our traders provide competitive liquidity across a broad range of securities by managing portfolios of several thousands issues and simultaneously streaming quotes across multiple exchanges.

The Challenge

Group One Trading is a proprietary firm with over 100 dedicated employees. We are looking for self-driven individuals who are able to thrive and work collaboratively in a fast- paced team environment.

The Skill Set

A broad skill set will help you be successful in this role, but there will be plenty of learning opportunities no matter how many of these skills you bring in with you. We also encourage applicants with non-traditional backgrounds to apply.

Responsibilities:

• Participates in, and successfully completes, the training program.
• Fluency with both the usage and rules of all proprietary and non- proprietary applications and tools.
• Provide coverage for trading portfolios.
• Works with trading teams throughout the day by completing tasks with efficiency.
• Research and analyze trends in the financial markets and develop a keen awareness of how those trends and situations impact trading portfolios.
• Perform post-trade analysis utilizing our custom technology platforms.
• Effectively communicate across all functional groups; reporting pertinent information (news, earnings, etc.) in a timely fashion.
• Obtain a Series 57 license.

Skills and Requirements:

• Advanced quantitative, analytical and problem solving skills and the ability to deploy those skills during time-sensitive situations.
• A deep curiosity of option and financial markets.
• Adaptive and self-driven.
• Individual with strong verbal and written skills with the ability to build relationships across all functional teams.
• Undergraduate and/or graduate degree.

Within 1 Month, You'll

• Complete your initial orientation, become familiar with our business and firm structure.
• Familiarize yourself with the functional groups within Group One Trading.
• Begin a comprehensive, options theory and proprietary software training plan.
• Learn about our different functional groups to understand different responsibilities that make up Group One's ecosystem.

Within 3 Months, You'll

• Learn the roles and skillsets of your teammates to discern and utilize the best advice and information for yourself and others.
• Begin portfolio maintenance coverage training.
• Communicate at a high level with both the Risk Desk and trading teams.
• Have taken and passed your licensing requirements.

Within 6 Months, You'll

• Have a thorough understanding of our proprietary software and tools.
• Actively trade and position monitor while shadowing our trading teams.
• Gain experience while rotating through our on-floor trading presence.

During your first 12 Months, You'll

• Continue to receive consistent feedback on your performance in the options training program and your daily responsibilities.
• Be assessed for your next growth and development phase which may include being a dedicated member of a trading team or going on your own portfolio, etc.

The Benefits

We provide competitive compensation, including a performance-based bonus and comprehensive benefits including health insurance, group life insurance, long-term disability coverage, and a 401(k) with a company contribution. In addition, we ensure our people have at least three weeks of paid vacation in addition to sick leave and paid holidays. Group One gladly sponsors qualified international candidates selected to join our team. In-person interview expenses for travel and childcare will be reimbursed by Group One.