Junior Derivatives Trader at Valkyrie Trading

Chicago, Illinois, United States

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$140,000 – $140,000Compensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Finance, TradingIndustries

Requirements

Candidates should possess a degree in mathematics, physics, engineering, computer science, or a related field, demonstrating a passion for the financial markets and strong quantitative, analytical, and problem-solving skills. They must also exhibit an entrepreneurial attitude, a keen attention to detail, and the ability to make split-second logical decisions under pressure, along with the capability to quickly recover from mistakes. Quantitative Analysis skills are a plus, and programming experience is preferred.

Responsibilities

The Junior Derivatives Trader will operate the company’s proprietary trading system, be fully responsible for daily PnL and risk management, and participate in live trading during a rigorous training program. They will subsequently join an existing team to learn and implement successful trading strategies, performing under the supervision of a senior trader and contributing to the overall management of trading strategies.

Skills

Quantitative Analysis

Programming

Mathematics

Physics

Engineering

Computer Science

Analytical Skills

Problem-Solving

Valkyrie Trading

Derivatives trading using quantitative analysis

About Valkyrie Trading

Valkyrie Trading specializes in trading derivatives, which are financial contracts tied to the value of underlying assets like stocks and commodities. The company uses advanced algorithms and high-frequency trading techniques to execute trades quickly and accurately, taking advantage of small price differences in the market. Valkyrie Trading differentiates itself from competitors through its collaborative culture, where traders, quantitative analysts, and software engineers work closely together to enhance trading strategies. The goal of Valkyrie Trading is to maintain a competitive edge in the complex derivatives market by leveraging technology and data-driven insights, while also fostering a creative and growth-oriented work environment.

Chicago, IllinoisHeadquarters

2011Year Founded

VENTURE_UNKNOWNCompany Stage

Quantitative Finance, Financial ServicesIndustries

11-50Employees

Benefits

Health insurance with the choice of plans including PPO, HMO, and HSA options

Dental insurance

Vision insurance

Lunch is provided every day

Gym membership discount

Risks

Competition from fintech startups using AI could erode Valkyrie's market share.

Regulatory scrutiny on high-frequency trading may lead to stricter compliance requirements.

Quantum computing advancements threaten current encryption methods, risking proprietary technology.

Differentiation

Valkyrie Trading specializes in derivatives, leveraging cutting-edge technology and quantitative analysis.

The company uses advanced algorithms and high-frequency trading for precise market execution.

Valkyrie's collaborative culture fosters innovation among traders, analysts, and engineers.

Upsides

Increased machine learning adoption enhances market prediction accuracy, boosting profitability.

DeFi platforms create new opportunities for derivatives trading, requiring liquidity providers.

Advancements in real-time data analytics enable faster, informed decisions for high-frequency trading.

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