Full-Time

Fixed Income Trader

Confirmed live in the last 24 hours

Old Mission

Old Mission

51-200 employees

Global market maker for illiquid ETFs

Quantitative Finance
Financial Services

Junior, Mid

Chicago, IL, USA

Category
Risk Management
Quantitative Trading
Quantitative Finance
Finance & Banking
Required Skills
Python
R
Requirements
  • Bachelor’s degree preferably in engineering, statistics, mathematics or a hard science or economics
  • Exceptionally high mathematical OR computer programming skills (Must be proficient in Python, VBA, or R)
  • Strong quantitative, analytical, research oriented and problem solving skills
  • Superior communication both written and verbal and has the ability to handle multiple tasks in a time sensitive, fast paced, collaborative, collegial environment
  • Passion for the financial markets and an entrepreneurial mindset
  • Credit/Fixed Income research or trading experience is required
Responsibilities
  • Disciplined decision making
  • Risk management
  • Researching new opportunities

Old Mission operates as a market maker that focuses on providing liquidity for hard-to-price and illiquid exchange-traded funds (ETFs). The company facilitates the buying and selling of these financial products, helping large institutions manage and transfer risk effectively. Old Mission's approach involves a team of traders and technology experts who work together to ensure efficient transactions and problem-solving. Unlike many competitors, Old Mission emphasizes a collaborative and approachable culture, prioritizing long-term relationships with clients and employees. The goal of Old Mission is to deliver exceptional service and liquidity solutions that meet the unique needs of their clients.

Company Stage

Private

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2008

Simplify Jobs

Simplify's Take

What believers are saying

  • Old Mission's significant investments in diverse assets like Li Auto and Bilibili indicate strong financial health and growth potential.
  • The company's ability to provide trillions of dollars in liquidity showcases its robust market presence and reliability.
  • Working at Old Mission offers exposure to complex and challenging market scenarios, enhancing professional growth and expertise.

What critics are saying

  • The focus on illiquid and hard-to-price ETFs could expose Old Mission to higher market volatility and risk.
  • The competitive landscape of market making requires continuous innovation to maintain an edge, posing a constant challenge.

What makes Old Mission unique

  • Old Mission specializes in the hardest-to-price and most illiquid ETFs, setting it apart from competitors who may focus on more liquid and easier-to-price assets.
  • The company's collaborative and humble culture emphasizes the human element, resulting in unmatched service and problem-solving capabilities.
  • Old Mission's long-term alignment with clients' and employees' interests fosters a stable and committed workforce, unlike firms driven by short-term gains.

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Benefits

Competitive Salary

Discretionary bonus

Top tier Medical, Dental, Vision, Disability and Life Insurance paid for by the firm

401(k) with employer match

Full stocked kitchen, free breakfast and lunch everyday on-site

Tuition reimbursement

Flexible Spending Plan

Commuter Benefit Program