Experienced Equity Options Discretionary Trader

As an Experienced Equity Options Discretionary Trader on one of our largest desks, 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 position will require a strong emphasis on in-person presence in our Chicago office, located in River North right next to the Merchandise Mart and convenient to public transportation. What you'll do: • Manage your own trading book with a focus on the US and Global Equities market • Manage your own risk of a portfolio of active strategies and drive trading decisions • Collaborate across your trading desk to execute teams' goals while ensuring core risk standards are met • 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 impacting equities • Conduct research to develop new strategies and improve the performance of your existing strategies • 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 • Grow your own business through mentorships What we'd like to see: • Entrepreneurial mindset with competitive nature • 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 • Ability to manage and communicate risk in accordance with the policies and limits set forth by the Firm • Proficiency with trading platforms, execution algorithms, and market data analysis tools • Openness to feedback and willingness to adapt your trading style with changes in market conditions • Strong work ethic, and understanding that the more you put into your craft, the more you'll get out of it • Mentality of continuous improvement • 3 years or more of verified risk-adjusted profitability The approximate annual base compensation range for this position in Chicago, IL 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 • 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 • Health club membership with on-site facilities (and reciprocal memberships) • Generous vacation time, paid holidays, and paid parental leave • Catered lunch provided Tuesday, Wednesday, & Thursdays and stocked pantry daily and monthly continental breakfasts • Social events including sponsored 5k races and annual company party • Enjoyable collaborative and open work environment including a golf simulator and pool table • Employee referral bonus program • Charitable giving and company matching opportunities • Casual, relaxed dress code