Gelber Group, LLC

Experienced Energy Trader

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

Qualifications

  • 3+ years of proven profitability in energy trading
  • Independently managed PnL or contributed to team strategy
  • Strong understanding of energy market structure
  • Defined discretionary edge in energy markets
  • Prior experience in Proprietary Trading or Hedge Fund PM roles
  • Experience with emissions markets or Renewable Energy Certificates is a plus
  • Entrepreneurial mindset and strong communication skills

Responsibilities

  • Manage own trading book focused on energy markets
  • Drive trading decisions across a portfolio of strategies
  • Analyze supply/demand dynamics and market fundamentals
  • Identify trading opportunities through price action and order flow
  • Develop and refine discretionary or systematic strategies
  • Continuously monitor market conditions and macroeconomic events
  • Communicate significant risk changes and deviations in PnL to leadership

Benefits

  • Comprehensive health benefits including medical and dental coverage
  • Traditional and Roth 401(k) retirement program
  • Tuition reimbursement for graduate courses
  • Flexible Spending Accounts for healthcare and dependent care
  • Generous vacation time and paid parental leave
  • Collaborative work environment with casual dress code
  • Employee referral bonus program and charitable matching opportunities
Full Job Description
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. What you'll do: • 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 What we'd like to see: • Experience trading energy products such as natural gas or power. • Nice-to-have experience includes emissions markets, biofuels, Renewable Energy Certificates, or cross-commodity trading • Proven track record independently managing a PnL, or being a senior member of a team driving strategy • 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 • 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 • Quant skills and data literacy are a plus but not required; ability to incorporate data into decision-making is preferred • Openness to feedback and willingness to adapt your trading style with changes in market conditions • 3+ years of verified, risk-adjusted profitability The approximate annual base compensation range for this position in Chicago, IL and New York 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 • 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

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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