Derivatives Trader – Electronic Market Making
Chicago
Pay: $150,000.00 - $185,000.00 per yearWhy This Is a Great Opportunity * Own real PnL and risk on live derivatives books at a high-performance proprietary trading firm. * Run and refine electronic market-making strategies in some of the world's most competitive markets. * Work side-by-side with other experienced traders, quants, and technologists in a tight-knit, collaborative team. * Direct impact on strategy design, risk, and long-term edge-not just "button clicking." * Competitive base salary, strong upside through performance bonuses, and relocation support to Chicago. **Location** * On-site in Chicago, IL on a fast-paced trading floor, with deep collaboration across trading, research, and technology teams. **Note** * You must have at least 2 years of derivatives trading experience with direct PnL and risk responsibility, plus 2+ years operating electronic market-making software, and be willing to work on-site in Chicago. About Our Client Our client is a Chicago-based proprietary trading firm focused on building high-performance automated trading systems for global derivatives markets. Founded in 2011, they compete every day in complex, fast-moving markets and believe the financial markets are the ultimate arena for curious, driven, and innovative people. They value low bureaucracy, deep collaboration, and a relentless drive to learn, improve, and win together.**Job Description** * Own, maintain, and grow revenue streams for one or more derivatives products on the trading desk. * Take full responsibility for risk and PnL, making critical, time-sensitive trading decisions in real time. * Operate and refine electronic market-making software, ensuring strategies perform robustly across market regimes. * Collaborate closely with team leads, other traders, quants, and risk managers to improve trading systems and operations. * Identify and implement systemic improvements to trading strategies, tools, and workflows to maintain competitiveness. * Monitor positions, market conditions, and risk exposures throughout the trading day and adjust as needed. * Provide feedback on model behavior, execution quality, and system performance to research and technology teams. * Contribute to idea generation around new products, strategies, and markets aligned with the firm's risk framework. **Qualifications** * 2+ years of derivatives trading experience with direct ownership of PnL and risk. * 2+ years of experience operating electronic market-making software in exchange-traded derivatives. * Strong ability to assess and manage risk in a derivatives portfolio across products and market conditions. * Deep interest in financial markets and a genuine passion for trading. * Strong math and numerical aptitude, comfortable with quantitative concepts. * Relentless desire to improve and refine strategies, processes, and personal performance. * Entrepreneurial mindset with a tenacious, proactive approach to problem solving. * Keen attention to detail and a willingness to dig into complex issues. * Quantitative analysis skills are a plus; advanced degrees are preferred but not required. * Ability to work on-site full time in the Chicago office. **Why You'll Love Working Here** * Competitive base salary with meaningful performance-based bonus potential. * Top-tier medical and dental coverage, along with other core benefits. * Relocation assistance package available for candidates moving to Chicago. * Generous vacation policy plus ongoing training and continuing education opportunities. * Daily catered lunch, snacks, and beverages provided. * Regular group outings, company events, and a casual dress environment. * High-trust, low-politics culture where strong performance and smart risk-taking are rewarded. JPC-516#LI-SK3Job Type: Full-time**Benefits:** * Dental insurance * Paid time off * Retirement plan * Vision insurance Sun Recruiting
