Proprietary Trader - Futures, Options & Quantitative Trading (Multiple Levels)
Job Description
Traders – Junior, Experienced & Quantitative
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Industry: Proprietary Trading | Financial Markets
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Location: Chicago & Chicagoland, IL
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Compensation: $90,000–$207,000 Base + Performance-Based Bonuses
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Multiple Openings | Junior through Senior Level
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About the Opportunity
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We are recruiting multiple Traders to join established and growing proprietary trading firms in the Chicagoland area. Opportunities span Futures Trading, Options Market Making, Derivatives Trading, and Quantitative/Algorithmic Trading. We are seeking analytical, highly motivated individuals who thrive in fast-paced trading environments and have a strong understanding of financial markets, risk management, and quantitative strategies.
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Key Responsibilities
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- Execute and manage futures, options, and derivatives trading strategies.
- Monitor market activity, trading positions, and real-time risk.
- Develop, optimize, and improve systematic and algorithmic trading models.
- Analyze market data, execution quality, and trading performance.
- Collaborate with traders, quantitative researchers, and engineers.
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Must-Have Qualifications:
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Junior Traders
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- Bachelor's degree required.
- Strong mathematical, numerical, and analytical aptitude.
- Interest in futures markets and algorithmic trading.
- Proficiency in Excel; Python or SQL is a plus.
- Willingness to work overnight international market hours for certain positions.
- Prior professional trading experience is not required.
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Experienced / Senior Traders
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- 4+ years of trading desk experience for senior-level opportunities.
- Proven ability to manage trading risk and derivatives portfolios.
- Experience executing, maintaining, or improving trading strategies.
- Strong market intuition, decision-making, and quantitative skills.
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Quantitative Options Traders
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- 1–4 years of options trading experience.
- Proven experience managing an options market-making book.
- Strong Python programming and quantitative analysis skills.
- Experience maintaining or improving automated trading systems.
- Understanding of market microstructure and algorithmic execution.
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Compensation & Benefits
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- Junior Trader: $90K–$120K base + bonus
- Quantitative Options Trader: $150K base + discretionary bonus
- Senior Derivatives Trader: $180K–$207K base + discretionary bonus
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Benefits vary by opportunity and may include comprehensive medical coverage, 401(k), paid time off, professional development, and performance incentives.
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No sponsorship, C2C, or transfer.