DV Trading
Junior Fixed Income Relative Value Trader
Eligibility
- Requires a bachelor’s degree in a rigorous quantitative discipline.
- Must be willing and able to work full-time on-site at Northfield, Illinois, initially for at least 18 months.
Full-time graduate role as Junior Fixed Income Relative Value Trader supporting a trading desk with market analysis, trading, risk management, and system development, targeting early career candidates.
Responsibilities
- Work directly with the head of the trading desk on live positions, research, execution, and risk management.
- Monitor fixed-income markets, relative-value relationships, portfolio exposures, and trading opportunities.
- Build and improve analytical tools, trading systems, data pipelines, dashboards, and automated workflows.
- Research new strategies and test ideas using market data and quantitative methods.
- Investigate pricing discrepancies and explain what is driving changes in markets and portfolio performance.
- Execute accurately under pressure and follow through relentlessly.
- Take responsibility for operational details that cannot be allowed to fail.
- Learn the desk’s investment process from the inside and gradually assume greater trading and risk-taking responsibility.
Requirements
- A bachelor’s degree in economics, mathematics, statistics, physics, computer science, engineering, or another rigorous quantitative discipline.
- Strong quantitative reasoning and the ability to think clearly under pressure.
- Genuine interest in markets, trading, technology, and risk.
- The ability to learn unfamiliar concepts rapidly and turn them into useful work.
- Exceptional attention to detail. Small mistakes matter in trading.
- Strong ownership instincts. You identify problems and solve them without waiting to be managed.
- The resilience to handle direct feedback, demanding standards, and periods of intense work.
- The willingness and ability to work full-time from our Northfield, Illinois office for at least the first 18 months.
- Direct fixed-income experience or experience on a trading desk is valuable but not required if you can demonstrate unusual ability, intellectual curiosity, and drive.
Skills
- Quantitative reasoning
- Market analysis
- Trading and risk management
- Analytical tool and trading system development
- Quantitative research
- Problem solving
- Attention to detail
- Employer posted
- Last checked