Electronic Options Trader

Wolverine•Chicago, IL

8d•$100,000 - $150,000•Onsite

About The Position

We are looking for an experienced electronic option trader who enjoys working in a team environment. As part of Wolverine’s Option Market Making Desk, you will be managing risk across multiple industry groups that results from electronic market making. You will have the opportunity to work with other traders and engineers to improve our risk management logic and processes. At Wolverine, we pride ourselves on fostering a collegial environment that encourages creative thinking through informal discussions. Our flat structure allows you to obtain quick feedback, and gives you the opportunity to take on increasing responsibilities.

Requirements

2+ years of managing risk on an electronic market making desk.
Strong communication skills and a desire to work in a team environment.
Ability to perform trade analysis and identify solutions.
Self-motivated, adaptable.
Commitment to learning and innovation.
Excellent analytical skills.

Responsibilities

Manage risk and execution across multiple products.
Manage parameters that affect option pricing.
Conduct product-specific research in order to identify idiosyncratic risks.
Identify macro catalysts within your names.
Identify and investigate trades using our analysis tools and logs.
Collaborate with desk engineers and traders to improve current strategies and applications.
Must be able to work in our Chicago Loop office 5 days a week.

Benefits

Highly competitive salary & bonus opportunity
Generous paid time off and flexible scheduling
100% coverage of medical, dental, vision, life, and disability benefits for single coverage
Generous Paid Parental Leave
Retirement Plans: 401K and Roth 401K
Profit sharing plan
Long- and short-term disability
Free breakfast and lunch from our in-house kitchen with rotating menus (including snacks!)
On-site gym with a subsidized membership
Frequent company outings
Opportunity to give back to organizations that help individuals in need in the Chicagoland area
In-house education team – classes and resources are offered for continuous learning opportunities
Mentorship Program through your first six months of employment
The base compensation range for this role is approximately $100,000-$150,000 contingent on experience. Wolverine Trading's total compensation model includes base salary and an annual discretionary bonus.