Experienced Discretionary Macro Markets Trader
About The Position
Gelber Group is hiring an experienced discretionary macro markets trader for a senior risk-taking role and key idea-generator position on its trading desk. The trader will work alongside other traders to pursue market opportunities, with a focus on liquid macro futures. The role involves independently managing a trading book, portfolio risk, and trading decisions, while developing and refining strategies using historical data and live market conditions. Candidates should have a proven record of at least three years of profitability in a trading role. The position emphasizes in-person presence at Gelber’s Chicago office in River North.
Requirements
- Experience trading liquid macro futures, commonly including equity indices and/or metals.
- A proven track record independently managing PnL or serving as a senior team member driving strategy in a larger environment.
- A defined discretionary macro edge, such as outcome distribution analysis, news and narrative interpretation, relative-value frameworks, or portfolio-construction discipline.
- Entrepreneurial mindset and competitive nature.
- Excellent communication and interpersonal skills, with the ability to work autonomously and as part of a team.
- Openness to feedback and willingness to adapt trading style as market conditions change.
- At least three years of verified, risk-adjusted profitability.
Nice To Haves
- Experience trading FX, crypto, options, and/or event-driven strategies.
- Prior proprietary trading or hedge fund portfolio manager experience.
- Experience in a larger bank or similar environment with significant decision-making autonomy.
- Quantitative skills and data literacy.
Responsibilities
- Manage an individual trading book focused on liquid macro futures.
- Manage risk for a portfolio of active strategies and drive trading decisions.
- Analyze market trends, order flow, and technical patterns to identify trading opportunities.
- Develop, test, and refine trading strategies using historical data and real-time market conditions.
- Continuously monitor market conditions, news, and macroeconomic events.
- Monitor material changes in risk levels and PnL variance, particularly deviations from trading plans, and proactively communicate changes to leadership.
Benefits
- Traditional and Roth 401(k) retirement program.
- Medical coverage through Blue Cross and Blue Shield, including PPO and HDHP/HSA options, 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 and paid holidays.
- Paid parental leave.
- Catered lunch Tuesday through Thursday, a stocked pantry, and monthly continental breakfasts.
- Social events, including sponsored 5K races and an annual company party.
- Collaborative, open work environment with a golf simulator and pool table.
- Employee referral bonus program.
- Charitable giving and company matching opportunities.
- Casual, relaxed dress code.
- Discretionary bonus.
- Share of profits generated.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
