Trader - Index Rolls and Rates

Location: Chicago, United States

Company

Employee-owned proprietary trading firm deploying internal capital across discretionary, systematic, and market-making strategies.

What you will do

• Manage rates and rolls across front and back expiries, absorbing risks from the options operation.
• Improve the existing trading and hedging setup.
• Identify and trade P&L opportunities arising from rolls, rates, and flow.
• Take end-to-end ownership of the index rolls and rates trading space.
• Work with developers on modest platform improvements.
• Help develop a broader rolls and rates trading capability over time.

Requirements

• 2–5 years of experience trading index rolls.
• Strong experience with index rolls, rates, and term-structure exposure, initially across the S&P index complex.
• Strong understanding of options markets and the ability to manage front and back expiries.
• Ability to identify P&L opportunities, not only hedge risk.
• Commercial trading mindset with appetite for risk ownership and strategy responsibility.
• Ability to work with traders and developers in a fast-moving, opportunistic trading environment.
• Strong analytical and research capabilities.
• Familiarity with Python and SQL or similar programming and database languages.
• Interest in building a trading capability rather than joining a fully mature desk.

Culture & Benefits

• Entrepreneurial and highly collaborative culture.
• Significant impact and growth opportunities within a fast-growing global firm.
• Competitive compensation package with an annual discretionary bonus.
• 25 days of annual leave plus public holidays, with an enhanced allowance after two years of service.
• Private healthcare and life assurance.
• Monthly company events and social activities.