Full-Time

Entry-Level Trader

Posted on 2/21/2025

Wolverine Trading

Wolverine Trading

201-500 employees

Proprietary trading, asset management, execution services

Compensation Overview

$50k - $115k/yr

+ Annual Discretionary Bonus

No H1B Sponsorship

Chicago, IL, USA

All candidates must be eligible to work in the U.S. without sponsorship.

All candidates must be eligible to work in the U.S. without sponsorship.

All candidates must be eligible to work in the U.S. without sponsorship.

Category
Quantitative Finance
Finance & Banking (1)
Required Skills
Python
SQL
C#
Requirements
  • Bachelor’s degree in relevant field
  • Demonstrated interest in trading and financial markets
  • Excellent math aptitude, analytical and problem-solving skills
  • Desire to work in a team setting but can still think and work independently
  • Knowledge of Python, C#, and/or SQL, or willingness to learn quickly
  • Self-motivated, self-starter, adaptable
  • Has demonstrated the ability to use good judgment
  • Capable of maintaining focus with a strong drive for success
  • Ability to work on a competitive team and adapt to changing situations with ease
  • No prior industry experience is required but is a plus.
  • All candidates must be eligible to work in the U.S. without sponsorship.
Responsibilities
  • Compete in a fast paced market-making environment
  • Contribute timely feedback and improve market strategy over time
  • Communicate regularly and problem solve matters as they arise
  • React calmly and confidently in an electronic trading and open outcry environment while under pressure
  • Rotate through trading desks and trading strategies rapidly absorbing new concepts, as needed
  • Maintain integrity at all times abiding by all policies, procedures, and compliance requirements
Desired Qualifications
  • No prior industry experience is required but is a plus.

Wolverine Trading is a Chicago-based financial firm with three main activities: proprietary trading (market making and valuation arbitrage), asset management, and execution services for large institutional trades. In proprietary trading, it provides liquidity and seeks price differences across global markets using market making and arbitrage strategies. Wolverine Asset Management runs investment funds for clients to grow assets through diverse strategies, while Wolverine Execution Services handles efficient, best-price execution of client orders. It earns revenue from trading profits, management fees, and execution commissions, differentiating itself through its combination of market expertise and technology to serve institutional investors and hedge funds with integrated solutions; its goal is steady, reliable liquidity and disciplined investment management.

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

1994

Simplify Jobs

Simplify's Take

What believers are saying

  • Diversifies into infrastructure via $170,000 FTAI stake.
  • Expands healthcare exposure with $222,000 Option Care position.
  • Captures volatility trading gains in 2026 market conditions.

What critics are saying

  • SEC fines compress proprietary trading margins within 6-12 months.
  • Talent poaching by Citadel erodes alpha in 12-18 months.
  • DeFi platforms cut market-making revenue 30-50% by 2028.

What makes Wolverine Trading unique

  • Leads in derivatives valuation and global equity options market-making.
  • Operates 360TCS co-location data center in Lombard, IL.
  • Executes capital structure arbitrage and volatility strategies via WAM.

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Benefits

Highly competitive salary bonus

Generous paid time off and flexible scheduling

100% coverage of medical, dental, vision, life, and disability benefits for single coverage

Generous Paid Parental Leave

Retirement Plans: 401K and Roth 401K

Profit sharing plan

Long and short-term disability

Company News

ETF Daily News
Sep 4th, 2025
Walleye Capital LLC Has $266,000 Position in Five Point Holdings, LLC $FPH

Wolverine Trading LLC acquired a new stake in Five Point in the fourth quarter valued at $74,000.

ETF Daily News
Jun 2nd, 2025
Wolverine Trading LLC Invests $48,000 in Amprius Technologies, Inc. (NYSE:AMPX)

Wolverine Trading LLC invests $48,000 in Amprius Technologies, Inc. (NYSE:AMPX).

ETF Daily News
Dec 17th, 2024
Wolverine Trading LLC Invests $170,000 in FTAI Infrastructure Inc. (NASDAQ:FIP)

Wolverine Trading LLC invests $170,000 in FTAI Infrastructure Inc. (NASDAQ:FIP).

ETF Daily News
Dec 16th, 2024
Wolverine Trading LLC Invests $214,000 in Federal Signal Co. (NYSE:FSS)

Wolverine Trading LLC invests $214,000 in Federal Signal Co. (NYSE:FSS).

ETF Daily News
Dec 16th, 2024
Wolverine Trading LLC Invests $222,000 in Option Care Health, Inc. (NASDAQ:OPCH)

Wolverine Trading LLC invests $222,000 in Option Care Health, Inc. (NASDAQ:OPCH).

INACTIVE