Experienced FX/Forex Trader
Gelber GroupAbout the Role
As an Experienced FX Trader, you will work side by side with other successful and talented individuals to capitalize on market opportunities, with a real opportunity to have a huge impact on the firm. The role requires a strong emphasis on in-person presence in the Chicago office, located in River North next to the Merchandise Mart and convenient to public transportation.
- 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
Responsibilities
- 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
Requirements
- 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
- Strong emphasis on in-person presence in our Chicago office
- Flourishes in a fast-paced environment
- Competitive attitude
- Proven record of profitability in a trading position for at least 2 years
What You'll Get
- $72k–$120k base salary
- 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 annual company party in Chicago
- Employee referral bonus program
- Charitable giving and company matching opportunities
- Casual, relaxed dress code
- Professional development