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Junior TraderFramework VenturesSaint Paul, Illinois, United States
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Junior Trader

Framework Ventures
  • US
    Saint Paul, Illinois, United States
  • US
    Saint Paul, Illinois, United States

Über

Founded more than 15 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 450 people operating throughout North America and in Europe. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.
Responsibilities Work alongside senior interest rate derivative traders with a specific focus on STIR options Learn about proprietary methodologies as well as grey-box market making strategies Build and maintain trading models Set a Vol surface that is fundamentally sound, appropriately rigid where trades represent capturable noise around the surface Use instantaneous flow/trade/market information to make decisions on reducing or adding specific portfolio risks as holdtimes change Regularly conduct scenario analysis for idiosyncratic risks and ahead of events
Build in-depth product knowledge across rates with particular focus on CB policy as well as current ECB liquidity implications for money market rates Gain experience managing expiration risk, pin risk and handling zero-vol delta decay
Liaise with brokers, maintaining existing relationships
Requirements Strong work ethic and ability to learn quickly in a fast paced, high-pressure environment Detail oriented, organized and diligent Strong interest in trading and interest rate derivatives in particular Strong understanding of math, probability and statistics Proficient with Excel and VBA, Python and statistical modeling Advanced aptitude for problem solving and multitasking
DV is proud to be an equal opportunity employer and committed to creating an inclusive environment for all employees.
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  • Saint Paul, Illinois, United States

Sprachkenntnisse

  • English
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