Gelber Group, LLC

Experienced FX/Forex Trader

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

Qualifications

  • 2+ years of proven, risk-adjusted profitability in FX trading
  • Competitive mindset with entrepreneurial spirit
  • Effective communicator with team collaboration skills
  • Strong self-starter with deep market insight
  • Ability to manage risk according to firm policies
  • Experience with trading platforms and market analysis tools
  • Willingness to adapt trading styles based on feedback and market changes
  • Commitment to continuous improvement

Responsibilities

  • Manage your own trading book focused on FX products
  • Collaborate with team to achieve trading goals while meeting risk standards
  • Analyze market trends and order flow for trading opportunities
  • Develop and refine trading strategies using historical and real-time data
  • Monitor macroeconomic events and central bank policies for market insights
  • Conduct research to enhance trading strategies and performance
  • Proactively communicate risk changes and PnL variance to leadership
  • Engage in mentorships to foster business growth

Benefits

  • Traditional and Roth 401(k) retirement programs
  • Comprehensive health benefits including medical and dental
  • Tuition reimbursement for graduate courses
  • Flexible Spending Accounts for healthcare and dependents
  • Life insurance and long-term disability coverage
  • On-site health club membership and new office facilities
  • Generous vacation and paid parental leave
  • Catered lunches and daily pantry stocking
  • Social events and collaborative company culture
  • Employee referral bonus program and charitable matching
  • Casual dress code
Full Job Description

As an Experienced FX 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 2 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 FX products
  • 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 macroeconomic events, central bank policy shifts, and geopolitical developments to identify opportunities
  • 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:
  • 2 years or more of verified risk-adjusted profitability in FX markets
  • 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

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


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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