Job Description

Job Description

Job Description

We are Gelber Group -- Passion for Trading. Powered by Technology.

Headquartered in Chicago with offices across the United States and Europe, for more than 40 years, we have set the bar as one of the industry's most innovative and enduring proprietary trading firms. Our success derives from a relentless pursuit of new trading ideas and careful attention to technology. We believe in a culture of entrepreneurship, innovation, and collaboration and we empower each member of our team to have a meaningful impact from the very start of their career with Gelber. We invest in our future through our technology and talented staff, strategically committing resources to move our firm forward and help our people succeed. We trade a little bit of everything here and are always looking to expand into new opportunities. Our flat organizational structure and focus on a true meritocracy, attracts individuals with an edge which contributes to our consistent success.

As an Experienced Equity Discretionary Trader on one of our largest desks, you will have a real opportunity to have a huge impact on the firm. You will work side by side with other successful and talented individuals to capitalize on market opportunities. This role is for someone who flourishes in a fast-paced environment, has a strong work ethic, a competitive attitude, and a proven record of profitability in a trading position for at least 3 years.

This position requires a hybrid schedule, including in-person presence in our White Plains, NY Office 3 days per week.

What you'll do:

• Manage your own trading book with a focus on the US and Global Equities market
• Manage your own risk of a portfolio of active strategies and drive trading decisions
• Collaborate across your trading desk to execute teams' goals while ensuring core risk standards are met
• Analyze market trends, order flow, and technical patterns to identify trading opportunities
• Develop, test, and refine your trading strategies using historical data and real-time market conditions
• Continuously monitor market conditions, news, and macroeconomic events impacting equities
• Conduct research to develop new strategies and improve the performance of your existing strategies
• Monitor material changes in levels of risk and variance in PnL, especially focused around deviation from your plans, and proactively communicate those changes to leadership
• Grow your own business through mentorships

What we'd like to see:

• Entrepreneurial mindset with competitive nature
• Excellent communication and interpersonal skills with the ability to work autonomously and as a team player
• Proven self-starter with exceptional product knowledge, trading methodology, and market insight
• Ability to manage and communicate risk in accordance with the policies and limits set forth by the Firm
• Proficiency with trading platforms, execution algorithms, and market data analysis tools
• Openness to feedback and willingness to adapt your trading style with changes in market conditions
• Strong work ethic, and understanding that the more you put into your craft, the more you'll get out of it
• Mentality of continuous improvement
• 3 years or more of verified risk-adjusted profitability

The approximate annual base compensation range for this position in New York is $72,000 to $120,000. The actual offer, reflecting the total compensation package plus benefits, will be determined by a number of factors which include but are not limited to the applicant's experience, knowledge, skills, and abilities; geographic location; and internal equity. In addition to your salary, our total rewards package includes health benefits, a 401(k) plan, PTO, parental leave, professional development, tuition reimbursement and discretionary bonus, enhancing your overall total rewards package.

Benefits Highlights

Gelber offers a wide range of benefits to full-time employees in order to meet you and your covered dependents needs. Our comprehensive benefits offering includes:

• Traditional and Roth 401(k) retirement program
• Comprehensive health benefits including medical coverage provided by Blue Cross and Blue Shield (PPO and HDHP/HSA) and dental coverage
• Tuition reimbursement for Graduate courses (taken after employment begins)
• Flexible Spending Accounts for health care and dependent care; pre-tax commuter benefits for parking and transit expenses
• Life insurance and long-term disability coverage
• Health club membership with on-site facilities (and reciprocal memberships)
• Generous vacation time, paid holidays, and paid parental leave
• Social events including annual company party in Chicago
• Employee referral bonus program
• Charitable giving and company matching opportunities
• Casual, relaxed dress code

If you are based in California, we encourage you to read the Gelber Privacy Notice for California Employees and Applicants, linked here.

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