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Junior Trader

Junior Trader at Belvedere Trading
Belvedere Trading is looking for competitive and highly motivated individuals who are interested in gaining exposure to the financial markets through a hands-on training and rotational program as a Junior Trader. Our unique program enables Junior Traders to identify and capitalize on derivative arbitrage opportunities by utilizing Belvedere’s proprietary trading and risk management strategies through leveraging our cutting edge, low latency trading technology. Successful candidates will possess strong quantitative and communication skills and thrive in a fast-paced, collaborative environment.

What our Junior Traders do
Our Junior Traders are assigned to specific product desks where they work alongside experienced traders and managing partners. The goal of our Junior Trader program is to immerse new hires in an environment that is conducive to the development of critical communication and decision-making skills necessary to grow into a successful trader role at Belvedere Trading.

More specifically, our Junior Traders
  • Engage in continuous, hands-on training that includes education on option valuation, game theory, hedging, portfolio analysis, and simulated trading games
  • Assist with order execution, position management, desk strategy meetings, trade checking, and trade reconciliations
  • Rotate between product groups to gain a broad perspective of the marketplace – always learning something new!
  • Communicate with technology team members to enhance trading software

Key qualities in great candidates
  • Effective communication skills and a team-oriented attitude
  • Strong quantitative, analytical, and problem-solving skills
  • Demonstrated participation in strategic competitive activities
  • Knowledge of the financial markets and trading industry is a plus!
  • Graduation date of December 2019 or May/June 2020 (start date of summer 2020)

Who we are
Belvedere Trading is a leading proprietary trading firm proudly headquartered in downtown Chicago. Our traders work hard to provide liquidity to the market through their market-making activities and are the masters of a diverse set of commodity, interest rate, exchange-traded fund (ETF), and equity index options. You name it, we trade it. This wouldn’t be possible without the dedicated efforts of our technology teams who utilize and perfect our innovative technology solutions.

Not sure what this means? No sweat. Our in-house learning and development team, Belvedere Trading University (BTU), will teach you most everything you need to know.

You should know we’ve created a company and a culture that we love. One that we want you to strive and thrive in, regardless of your position or tenure. Team Belvedere is committed to providing a positive environment in which team members are treated with respect, dignity, and courtesy. Our firm believes in a dynamic culture of inclusion and diversity, where people thrive on individual and organizational characteristics, values, experiences, and backgrounds.

Important Notes
  • Sponsorship is not available for this position
  • No third-party recruiters
  • All candidates must have GPA listed on their resumes