Experienced Trader - DV Energy at DV Trading

New York, New York, United States

DV Trading Logo
$120,000 – $175,000Compensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
EnergyIndustries

Requirements

  • Energy Trading Experience: Required
  • Self-Starter: Demonstrated entrepreneurial spirit
  • Adaptability: Ability to learn quickly in a fast-paced, high-pressure environment
  • Grid Knowledge: Targeted ISO experience and knowledge of fundamental grid operations
  • Detail-Oriented: Organized, diligent, and meticulous
  • Composure: Maintain composure and communicate clearly under pressure
  • Teamwork: Ability to succeed working as part of a diversified team
  • Mathematical Skills: Strong understanding of math, probability, and statistics
  • Technical Proficiency: High level of proficiency in Excel and VBA; SQL, Python, statistical modeling, and other programming skills are a plus
  • Problem-Solving: Advanced aptitude for problem-solving and multitasking
  • Track Record: Proven track record with historical P&L preferred

Responsibilities

  • Primary owner of P&L in one or multiple areas of the energy business
  • Build and maintain fundamental and quantitative trading models
  • Work with risk management to ensure compliance with agreed-upon risk management metrics and sizing
  • Liaise with senior energy traders to share best practices and learnings
  • Learn DV Energy’s proprietary methodologies and trading systems
  • Grow existing trades and P&L while identifying and pursuing new opportunities
  • May be driven by the individual’s interests and specific skills

Skills

Key technologies and capabilities for this role

Energy TradingExcelVBASQLPythonStatistical ModelingQuantitative TradingRisk ManagementP&L ManagementGrid Operations

Questions & Answers

Common questions about this position

What is the compensation for this Experienced Trader role?

The annual compensation range is $120,000 - $175,000 with discretionary bonus eligibility.

Is this position remote or hybrid?

The position is hybrid.

What skills and experience are required for this role?

Required skills include energy trading experience, grid knowledge with targeted ISO experience, strong mathematical skills in probability and statistics, technical proficiency in Excel and VBA, and a self-starter mindset with adaptability in high-pressure environments.

What benefits does DV Trading offer?

Benefits include discretionary bonus eligibility, medical/dental/vision insurance, HSA/FSA/Dependent Care options, employer-paid life and AD&D insurance, voluntary LTD/life insurance, flexible vacation, retirement plan with match, paid parental leave, and wellness programs.

What makes a strong candidate for this trader position?

Strong candidates have energy trading experience, a proven track record with historical P&L, grid knowledge, strong math and technical skills, and traits like being a self-starter, adaptable, detail-oriented, and able to work in a team under pressure.

DV Trading

Proprietary trading and liquidity provision firm

About DV Trading

DV Trading is a proprietary trading firm that engages in trading financial instruments on derivatives and securities exchanges worldwide. The firm uses its own capital and advanced technology to provide liquidity in the markets, employing both quantitative and discretionary trading strategies. Unlike its competitors, DV Trading fosters a collaborative culture with a flat organizational structure, allowing for quick adaptation to market changes. The company's goal is to optimize trading performance and achieve significant returns by leveraging its market relationships.

Chicago, IllinoisHeadquarters
2006Year Founded
VENTURE_UNKNOWNCompany Stage
Energy, Fintech, Financial ServicesIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Health Savings Account/Flexible Spending Account
Life Insurance
Disability Insurance
Unlimited Paid Time Off
401(k) Company Match
Paid Parental Leave
Wellness Program

Risks

Increased competition from AI-driven algorithmic trading firms threatens market share.
DeFi platforms attract liquidity away from traditional firms like DV Trading.
Regulatory scrutiny may increase operational costs for proprietary trading firms.

Differentiation

DV Trading leverages both quantitative and discretionary strategies for market liquidity.
The firm has a strong presence in derivatives and securities exchanges globally.
DV Trading emphasizes a flat organizational structure for quick market adaptation.

Upsides

Algorithmic trading in energy markets offers new opportunities for DV Trading.
DeFi platforms provide avenues for innovative liquidity models and strategy diversification.
Machine learning advancements enhance DV Trading's decision-making and trade execution.

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