Relative Value Trader

About Us: Founded 20 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 600 people operating throughout North America, Europe and Asia. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.

Overview:

DV Trading is looking for a proven Relative Value Trader who wants the freedom to run capital, scale ideas quickly, and trade on a high-performance proprietary platform. This is an opportunity for a trader who already knows how to generate alpha in correlated products and wants the infrastructure, capital, and autonomy to grow a strategy without the constraints typical of larger institutions. For the first 3 to 6 months, this role will be based in Chicago to accelerate integration with the team, platform, and trading environment.

Responsibilities:

Run your own relative value trading strategy using DV Trading’s capital

Identify, execute, and scale opportunities across correlated products

Build, refine, and improve models, signals, and execution approaches

Own risk, positioning, and P&L with a high degree of autonomy

Leverage DV Trading’s platform, technology, and support to grow your book

Requirements:

At least 1 year of experience on a professional relative value trading desk

A track record of trading profitable RV strategies in a professional setting

Strong preference for experience using factor models in correlated products

Sharp quantitative instincts, strong market intuition, and disciplined risk management

A self-directed trader who wants real ownership and accountability

Benefits:

Discretionary bonus eligibility

Medical, dental, and vision insurance

HSA, FSA, and Dependent Care options

Employer Paid Group Term Life and AD&D Insurance

Voluntary LTD, Life & AD&D insurance

Flexible vacation policy

Retirement plan with employer match

Paid parental leave

Wellness Programs

Why DV Trading:

Trade with firm capital

Run your own strategy

Move fast in a performance-driven environment

Access the platform and support needed to scale

Annual compensation range $100-200K base + profit share with meaningful upside

DV is not accepting unsolicited resumes from search firms. Only search firms with valid, written agreements with DV should submit resumes in response to DV’s posted positions. All resumes submitted by search firms to DV via e-mail, the Internet, personal delivery, facsimile, or any other method without a valid written agreement shall be deemed the sole property of DV, and no fee will be paid in the event the candidate is hired by DV. DV is proud to be an equal opportunity employer and committed to creating an inclusive environment for all employees. The range below reflects the expected base salary for this position. It represents a good-faith estimate of the base pay we anticipate offering, with actual compensation determined by your experience, education, skills, and performance throughout the interview process. This role is also eligible for a discretionary bonus (at DV Trading's discretion) and DV Trading's benefits package, including the benefits listed above.

Base Salary Range $100,000 — $200,000 USD