DI Trading Desk Manager
About The Position
We are Gelber Group, a proprietary trading firm with over 40 years of experience, known for innovation in trading and technology. We foster a culture of entrepreneurship, innovation, and collaboration, empowering our employees to make a significant impact. We trade various asset classes and are always seeking new opportunities. Our flat organizational structure and meritocratic values attract talented individuals. As a Brazilian Rates Trading Desk Manager, you will have a unique opportunity to build a new strategy for the firm in a new market and grow your own desk. You may collaborate with our US Fixed Income Desk. This role requires someone who thrives in a fast-paced environment, possesses a strong work ethic, a competitive spirit, and has at least 3 years of proven profitability in a trading role. The position can be worked hybrid/in-person in Chicago, New York, or Boston. Remote work may be considered for exceptional candidates.
Requirements
- Proven track record of 3-5 years of profitable trading in Brazilian fixed-income markets
- Directional and curve-based strategies
- Understanding of Brazil’s debt auction process and how it impacts the DI Products
- Past experience building, managing, and scaling a discretionary trading desk
- 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
Responsibilities
- Bring expertise in trading DI futures and related rates products to a highly profitable trading firm
- Own and manage a Brazilian rates trading book, focused on DI futures, either via curve trades or cross-market relative value strategies
- Be a player/coach, that can both be a senior risk taker and people leader
- Generate consistent, risk-adjusted P&Lacross varying macro and volatility regimes
- Manage your own portfolio of active strategies and drive trading decisions
- Oversee desk-level P&L, and have a meaningful influence over strategy, risk allocation, and talent development for the desk
- Establish and enforce disciplined risk management, drawdown controls, and trading standards for your desk
- Collaborate across your trading desk to execute teams’ goals while ensuring core risk and compliance standards are met
- Grow your own business – recruit, develop, and mentor discretionary traders focused on Brazil DI Rates and B3 Futures
Benefits
- Health benefits
- 401(k) plan
- PTO
- Parental leave
- Professional development
- Tuition reimbursement
- Discretionary bonus
- 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 sponsored 5k races and annual company party in Chicago
- Enjoyable collaborative and open work environment
- Employee referral bonus program
- Charitable giving and company matching opportunities
- Casual, relaxed dress code
- 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
- Enjoyable collaborative and open work environment including a golf simulator and pool table
- Catered lunch provided Tuesday, Wednesday, & Thursdays and stocked pantry daily and monthly continental breakfasts
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What This Job Offers
Job Type
Full-time
Career Level
Manager
Education Level
No Education Listed
