Full-Time

Junior Derivatives Trader

Posted on 9/5/2025

Valkyrie Trading

Valkyrie Trading

11-50 employees

Quantitative derivatives trading using algorithms

Compensation Overview

$140k/yr

+ Annual discretionary bonus

No H1B Sponsorship

Chicago, IL, USA

In Person

Relocation assistance available; on-site in Chicago.

Category
Quantitative Finance (1)
Finance & Banking (1)
Required Skills
Risk Management
Requirements
  • Degree in mathematics, physics, engineering, computer science or equivalent
  • Passion for the financial markets
  • Excellent quantitative, analytical and problem-solving skills
  • Entrepreneurial attitude with a keen attention to detail
  • Strong communication and interpersonal skills
  • Ability to make split-second logical decisions in a high-pressure environment
  • Competitive drive and the maturity to handle considerable responsibility
  • Capability to quickly recover from mistakes
  • Must have valid, ongoing, unrestricted authorization to work in the United States without the need for employer-sponsored or self-initiated immigration filings
Responsibilities
  • Operating our proprietary trading system and being fully responsible for day-to-day PnL and risk
  • You’re directly facing the market every day and seeing the immediate impact of your decisions
  • After completing our rigorous training program, including several weeks of live trading, you’ll join an existing team to continue learning how to successfully manage our trading strategies
  • From there, your responsibilities will only grow, as you perform and operate under the supervision of a senior trader
Desired Qualifications
  • Quantitative Analysis skills are a plus
  • Programming experience preferred

Valkyrie Trading focuses on trading derivatives for institutional clients, hedge funds, and other financial entities. Its work centers on developing and running algorithms that analyze market data to spot tiny price differences and execute a high volume of trades quickly. This high-frequency, data-driven approach aims to generate profits from small edges in fast-moving markets. The company differentiates itself through a lean, Chicago-based team and a culture of close collaboration among traders, quantitative analysts, and software engineers who build and refine technology in-house. Valkyrie’s goal is to grow aggressively by delivering precise, scalable trading strategies that stay ahead of market changes while managing risk with disciplined decision-making.

Company Size

11-50

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2011

Simplify Jobs

Simplify's Take

What believers are saying

  • Retail derivatives volume surges 40% in Q1 2026, expanding Valkyrie's market.
  • Chicago's low living costs aid quant talent acquisition versus New York.
  • Cloud infrastructure adoption post-2024 cuts capex, boosting competitiveness.

What critics are saying

  • CFTC fines Valkyrie millions for spoofing in 6-12 months.
  • Jump Trading captures 25% more arbitrages, slashing Valkyrie's revenue.
  • Citadel poaches Valkyrie's quants, undercuts spreads by 15bps.

What makes Valkyrie Trading unique

  • Valkyrie Trading builds proprietary high-performance automated trading systems for derivatives.
  • Chicago headquarters enables lean operations and quant talent recruitment since 2011.
  • Collaborative culture integrates traders, quants, and engineers for algorithm innovation.

Help us improve and share your feedback! Did you find this helpful?

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

INACTIVE