Experienced Equity Discretionary TraderChicago, IL

Experienced Equity Discretionary Trader

Headquartered in Chicago with offices across the United States and Europe, for more than 40 years, we have set the bar as one of the industry's most innovative and enduring proprietary trading firms. Our success derives from a relentless pursuit of new trading ideas and careful attention to technology. We believe in a culture of entrepreneurship, innovation, and collaboration and we empower each member of our team to have a meaningful impact from the very start of their career with Gelber. We invest in our future through our technology and talented staff, strategically committing resources to move our firm forward and help our people succeed. We trade a little bit of everything here and are always looking to expand into new opportunities. Our flat organizational structure and focus on a true meritocracy, attracts individuals with an edge which contributes to our consistent success.

As an Experienced Equity Discretionary Trader on one of our largest desks, you will have a real opportunity to have a huge impact on the firm. You will work side by side with other successful and talented individuals to capitalize on market opportunities. This role is for someone who flourishes in a fast-paced environment, has a strong work ethic, a competitive attitude, and a proven record of profitability in a trading position for at least 3 years.

This position will require a strong emphasis on in-person presence in our Chicago office, located in River North right next to the Merchandise Mart and convenient to public transportation.

What You'll Do :

• Manage your own trading book with a focus on the US and Global Equities market
• Manage your own risk of a portfolio of active strategies and drive trading decisions
• Collaborate across your trading desk to execute teams' goals while ensuring core risk standards are met
• Analyze market trends, order flow, and technical patterns to identify trading opportunities
• Develop, test, and refine your trading strategies using historical data and real-time market conditions
• Continuously monitor market conditions, news, and macroeconomic events impacting equities
• Conduct research to develop new strategies and improve the performance of your existing strategies
• Monitor material changes in levels of risk and variance in PnL, especially focused around deviation from your plans, and proactively communicate those changes to leadership
• Grow your own business through mentorships

What We'd Like To See :

The approximate annual base compensation range for this position in Chicago, IL is $72,000 to $120,000. The actual offer, reflecting the total compensation package plus benefits, will be determined by a number of factors which include but are not limited to the applicant's experience, knowledge, skills, and abilities; geographic location; and internal equity. In addition to your salary, our total rewards package includes health benefits, a 401(k) plan, PTO, parental leave, professional development, tuition reimbursement and discretionary bonus, enhancing your overall total rewards package.

Gelber offers a wide range of benefits to full-time employees in order to meet you and your covered dependents needs. Our comprehensive benefits offering includes :