Gelber Group, LLC

Experienced Discretionary Macro Markets Trader

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

Qualifications

  • 3+ years of proven trading profitability in discretionary macro markets
  • Experience with liquid macro futures, particularly equity indices and metals
  • Demonstrated ability to independently manage a PnL
  • Prior experience in Proprietary Trading or Hedge Funds strongly preferred
  • Defined macro trading edge with frameworks for portfolio management
  • Competitive mindset and strong interpersonal skills
  • Quantitative skills and data literacy beneficial, but not mandatory

Responsibilities

  • Manage a personal trading book with a focus on macro futures
  • Drive trading decisions while managing portfolio risks
  • Analyze market trends and order flow to capitalize on trade opportunities
  • Develop and refine trading strategies leveraging historical and real-time data
  • Continuously monitor macroeconomic events and market conditions
  • Communicate risk changes and PnL variations proactively to leadership

Benefits

  • Medical, Dental and Vision Benefits
  • Life insurance and long-term disability coverage
  • 401K retirement plan
  • Generous vacation time and paid parental leave
  • Social events including team dinners and company parties
  • Tuition Reimbursement for professional development
  • Charity matching program
  • Casual and relaxed office environment
Full Job Description
As an Experienced Discretionary Macro Markets 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. 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.

This is a hybrid position with a strong emphasis on in-person presence in our White Plains office.

What you'll do:
  • Manage your own trading book with a focus on trading liquid macro futures
  • Manage your own risk of a portfolio of active strategies and drive trading decisions
  • 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
  • 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

What we'd like to see:
  • Experience trading liquid macro futures
    • `These will commonly include equity indices and/or metals.
    • Nice-to-have experience includes FX, crypto, options, and/or event-driven trading experience
  • Proven track record independently managing a PnL, or being a senior member of the team, driving strategy in a larger environment
  • Prior Proprietary Trading or Hedge Fund PM experience strongly preferred.
    • Larger bank environment or similar experience may be considered if significant decision-making autonomy existed.
  • Defined discretionary macro edge such as outcome distribution analysis, news and narrative interpretation, relative value frameworks, or portfolio construction discipline.
  • Entrepreneurial mindset with competitive nature
  • Excellent communication and interpersonal skills with the ability to work both autonomously and as a team player
  • Quant skills and data literacy are a plus but not required. Fully automated or black-box strategies are not the focus of this seat. Openness to feedback and willingness to adapt your trading style with changes in market conditions
  • 3 years or more of verified, risk-adjusted profitability

The approximate annual base compensation range for this position in White Plains, New York is $72,000 to $120,000 + percent share of the profits you generate. 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 and Culture:
  • Medical, Dental and Vision Benefits
  • Life insurance and long-term disability
  • 401K
  • Generous vacation time, paid holidays, and paid parental leave
  • Social events including team dinners and company parties
  • Employee referral bonus program
  • Tuition Reimbursement
  • Charitable giving and company match
  • Casual, relaxed office environment


If you are based in California, we encourage you to read the Gelber Privacy Notice for California Employees and Applicants, linked here.

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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