Gelber Group, LLC

Experienced DI Trader

Gelber Group, LLC$72K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-5 years of profitable trading experience in Brazilian fixed-income markets
  • Expertise in directional and curve-based trading strategies
  • Familiarity with Brazil's debt auction process and its impact on DI products
  • Strong communication skills and ability to work both autonomously and collaboratively
  • Self-starter with excellent product knowledge and trading methodologies

Responsibilities

  • Leverage expertise in trading DI futures and related rates products for the firm
  • Manage a Brazilian rates trading book, focusing on curve trades or relative value strategies
  • Generate strong, risk-adjusted returns in varying market conditions
  • Oversee a portfolio of active strategies and make key trading decisions
  • Collaborate with the trading desk to meet team goals while ensuring compliance standards are upheld

Benefits

  • Traditional and Roth 401(k) retirement program
  • Comprehensive health benefits including medical and dental coverage
  • Tuition reimbursement for graduate courses
  • Flexible Spending Accounts and commuter benefits
  • Life insurance and long-term disability coverage
  • Health club membership with on-site facilities
  • Generous vacation time and paid parental leave
  • Social events and employee referral bonus program
  • Casual dress code and enjoyable work environment
Full Job Description
As an Experienced Brazilian Rates Trader, you will have a real opportunity to impact the firm. In a new market for Gelber, you will have the ability to build and grow a new business for 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.

The role can be worked hybrid/in-person in Chicago, New York or Boston. Remote work may be considered for top candidates.

What you'll do:
  • Bring expertise in trading DI futures and related rates products to a highly profitable trading firm
  • Own and manage a Brazilian rates trading book, focused on DI futures, either via curve trades or cross-market relative value strategies
  • Consistently generate strong, risk-adjusted returns across varying macro and volatility regimes
  • Manage your own portfolio of active strategies and drive trading decisions
  • Collaborate across your trading desk to execute teams' goals while ensuring core risk and compliance standards are met

What we'd like to see:
  • Proven track record of 3-5 years of profitable trading in Brazilian fixed-income markets
  • Expertise in directional and curve-based strategies
  • Understanding of Brazil's debt auction process and how it impacts the DI Products
  • Excellent communication and interpersonal skills with the ability to work autonomously and as a team player
  • Proven self-starter with exceptional product knowledge, trading methodology, and market insight

The approximate annual base compensation range for this position 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.

Benefits Highlights

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:
  • Traditional and Roth 401(k) retirement program
  • 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 (taken after employment begins)
  • 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
  • Health club membership with on-site facilities (and reciprocal memberships)
  • Generous vacation time, paid holidays, and paid parental leave
  • Social events including sponsored 5k races and annual company party in Chicago
  • Enjoyable collaborative and open work environment
  • Employee referral bonus program
  • Charitable giving and company matching opportunities
  • Casual, relaxed dress code

Chicago Benefits Also Include:
  • Brand new office in the heart of Chicago's River North neighborhood, attached to the Merchandise Mart and "EL" stop and a short walk from both Ogilvie and Union Train Stations
  • Enjoyable collaborative and open work environment including a golf simulator and pool table
  • Catered lunch provided Tuesday, Wednesday, & Thursdays and stocked pantry daily and monthly continental breakfasts


About Gelber Group, LLC

Gelber Group, LLC is a proprietary trading firm that specializes in futures and options trading. The company was founded in 1982 by Jeff Gelber and is headquartered in Chicago, Illinois. Gelber Group uses a quantitative approach to trading and has a team of experienced traders and technologists. The company is committed to using technology to improve its trading strategies and has developed its own proprietary trading software. Gelber Group is a member of several exchanges and is regulated by the Commodity Futures Trading Commission (CFTC).
Learn more about Gelber Group, LLC
Size
100 employees
Industry
Founded
1982

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