Junior Trader

Edgehog Trading
Chicago, IL Full Time
POSTED ON 6/26/2024 CLOSED ON 8/25/2024

What are the responsibilities and job description for the Junior Trader position at Edgehog Trading?

Jr. Trader

Job Summary:

Edgehog Trading, a proprietary trading firm, excels in electronic options market making. Committed to advancing our trading strategies, we utilize automation and a skilled team of traders, developers, and researchers. Our operations rely on data-driven decision-making and innovative approaches to complex market challenges, all within a culture of continuous learning, transparency, and teamwork.

Traders at Edgehog are adept at risk management and ensuring liquidity under various market conditions. They are required to make well-informed decisions, substantiate their actions with data, and communicate effectively about any deviations from expected outcomes. Junior traders benefit from comprehensive training and mentorship from seasoned professionals.

Key Responsibilities:

  • Operate the trading system to make informed intraday trading decisions.
  • Manage and align the desk’s positions with established risk parameters.
  • Evaluate and enhance trading algorithms to optimize performance.
  • Innovate and refine trading parameters to increase profitability.
  • Engage collaboratively firm-wide to advance systems and boost overall performance.

Qualifications and Skills:

  • 0-2 years of trading experience; relevant internship experience is advantageous.
  • BS/MS degree in Computer Science, Data Science, Engineering, Mathematics, Physics, or a similar field.
  • Exceptional attention to detail and strong communication skills.
  • Advanced quantitative and analytical skills.
  • Capacity to rapidly adapt and manage multiple responsibilities with high operational excellence.
  • Python programming proficiency is a plus.
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