Junior Fixed Income Relative Value Trader

DV is looking for a full-time right hand to the head of a highly profitable fixed-income relative-value trading desk. The team combines rigorous market analysis, sophisticated technology, and disciplined risk-taking to identify and capture opportunities across global fixed-income markets. We operate like an entrepreneurial trading business, not a bureaucracy. The learning curve will be steep, the standards will be unforgiving, and the hours will be driven by the markets and the work-not by the clock. Founded 20 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 600 people operating throughout North America, Europe and Asia.

Responsibilities

Work directly with the head of the trading desk on live positions, research, execution, and risk management; Monitor fixed-income markets, relative-value relationships, portfolio exposures, and trading opportunities; Build and improve analytical tools, trading systems, data pipelines, dashboards, and automated workflows; Research new strategies and test ideas using market data and quantitative methods; Investigate pricing discrepancies and explain what is driving changes in markets and portfolio performance; Execute accurately under pressure and follow through relentlessly; Take responsibility for operational details that cannot be allowed to fail; Learn the desk's investment process from the inside and gradually assume greater trading and risk-taking responsibility

Requirements

A bachelor's degree in economics, mathematics, statistics, physics, computer science, engineering, or another rigorous quantitative discipline; Strong quantitative reasoning and the ability to think clearly under pressure; Genuine interest in markets, trading, technology, and risk; The ability to learn unfamiliar concepts rapidly and turn them into useful work; Exceptional attention to detail; Strong ownership instincts; The resilience to handle direct feedback, demanding standards, and periods of intense work; The willingness and ability to work full-time from the Northfield, Illinois office for at least the first 18 months

Nice to have

Direct fixed-income experience; Experience on a trading desk; Unusual ability, intellectual curiosity, and drive

Benefits

Discretionary bonus eligibility; Medical, dental, and vision insurance; HSA, FSA, and Dependent Care Options; Employer Paid Group Term Life and AD&D insurance; Voluntary LTD, Life & AD&D insurance; Flexible Vacation policy; Retirement plan with employer match