Experienced Energy Trader

Gelber Group is an innovative and enduring proprietary trading firm. As an Experienced Discretionary Energy Trader, 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 across global energy markets. 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 is a senior risk-taking role that will be a key idea generator for the desk. The ideal candidate would work hybrid from our headquarters in Chicago, IL or office in White Plains, NY, though we are open to remote candidates.

Responsibilities

Manage your own trading book with a focus on energy markets such as refined products, natural gas, and power; Manage your own risk across a portfolio of active strategies and drive trading decisions; Analyze market fundamentals including supply/demand dynamics, storage levels, weather patterns, geopolitical developments, and regulatory changes; Interpret price action, spreads, and order flow to identify trading opportunities; Develop, test, and refine discretionary or systematic-informed strategies using historical and real-time market data; Continuously monitor market conditions, news, and macroeconomic and energy-specific events; 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

Requirements

Experience trading energy products such as natural gas or power; Proven track record independently managing a PnL, or being a senior member of a team driving strategy; Defined discretionary edge in energy markets such as fundamental modeling, weather-driven analysis, flow-based insights, or relative value/spread trading; Strong understanding of energy market structure (e.g., storage, transportation, seasonality, regional dislocations); Entrepreneurial mindset with competitive nature; Excellent communication and interpersonal skills with the ability to work both autonomously and as a team player; Openness to feedback and willingness to adapt your trading style with changes in market conditions; 3+ years of verified, risk-adjusted profitability

Nice to have

Emissions markets; Biofuels; Renewable Energy Certificates; Cross-commodity trading; Prior Proprietary Trading or Hedge Fund PM experience strongly preferred; Larger bank or physical trading shop experience may be considered if significant decision-making autonomy existed; Quant skills and data literacy are a plus but not required; ability to incorporate data into decision-making is preferred

Benefits

Discretionary bonus; 401(k) plan; Comprehensive health benefits including medical coverage provided by Blue Cross and Blue Shield (PPO and HDHP/HSA) and dental coverage; Tuition reimbursement for Graduate courses; Flexible Spending Accounts for health care and dependent care; pre-tax commuter benefits for parking and transit expenses; Life insurance and long-term disability coverage; Generous vacation time, paid holidays, and paid parental leave; Enjoyable collaborative and open work environment; Employee referral bonus program; Charitable giving and company matching opportunities; Casual, relaxed dress code