Full-Time

Global Head of Trade Support

Posted on 8/19/2024

DV Trading

DV Trading

201-500 employees

Proprietary trading and liquidity provision firm

Energy
Fintech
Financial Services

Senior, Expert

Chicago, IL, USA

Category
Sales & Trading
Finance & Banking
Required Skills
Communications
Management
Requirements
  • Bachelor’s degree in Finance, Economics, Business Administration, or a related field; advanced degree or professional certification (e.g., CFA, CPA) preferred.
  • Minimum of 10-15 years of experience in trade support, operations, or a related field within the trading industry, with at least 5 years in a leadership role.
  • Strong understanding of global trade support processes, systems, and industry best practices.
  • Proven leadership and team management skills with the ability to drive change and performance improvements.
  • Excellent problem-solving, analytical, and decision-making abilities.
  • In-depth knowledge of regulatory requirements and compliance standards.
  • Exceptional communication and interpersonal skills, with the ability to engage and influence stakeholders at all levels.
  • Proficiency in trade support systems, trading platforms, and financial software.
Responsibilities
  • Develop and implement global trade support strategies that align with the organization’s business objectives and market trends.
  • Lead, mentor, and manage a high-performing team of trade support professionals across multiple regions.
  • Collaborate with senior leadership to drive operational excellence and innovation within the trade support function.
  • Partner with Front and Back Office software engineering teams to manage the deployment, configuration, and ongoing support of low-latency, in-house and 3rd party trading systems.
  • Leverage technology to enhance trade support processes and systems, driving automation and efficiency.
  • Identify and implement best practices and process improvements to streamline operations and reduce operational risk.
  • Collaborate with IT and technology teams to develop and deploy new tools and solutions that support trade support functions.
  • Oversee the daily trade support operations, ensuring timely and accurate trade execution, clearing, and settlement processes.
  • Implement and monitor key performance indicators (KPIs) to measure and improve the efficiency and effectiveness of trade support activities.
  • Develop and maintain robust processes and systems for trade capture, reconciliation, and resolution of trade discrepancies.
  • Act as a primary point of contact for internal stakeholders, including trading desks, compliance, and risk management teams.
  • Build and maintain strong relationships with external stakeholders such as clearing firms, brokers, and exchanges.
  • Provide regular updates and reports to senior management on trade support activities, performance, and strategic initiatives.
  • Oversee and respond to trading system events and outages, ensuring rapid response, resolution, effective communication, and remediation, ensuring minimal impact on trading operations.
  • Develop and maintain contingency plans and procedures for managing trade support disruptions.

DV Trading is a proprietary trading firm that engages in trading financial instruments on derivatives and securities exchanges worldwide. The firm uses its own capital and advanced technology to provide liquidity in the markets, employing both quantitative and discretionary trading strategies. Unlike its competitors, DV Trading fosters a collaborative culture with a flat organizational structure, allowing for quick adaptation to market changes. The company's goal is to optimize trading performance and achieve significant returns by leveraging its market relationships.

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2006

Simplify Jobs

Simplify's Take

What believers are saying

  • Algorithmic trading in energy markets offers new opportunities for DV Trading.
  • DeFi platforms provide avenues for innovative liquidity models and strategy diversification.
  • Machine learning advancements enhance DV Trading's decision-making and trade execution.

What critics are saying

  • Increased competition from AI-driven algorithmic trading firms threatens market share.
  • DeFi platforms attract liquidity away from traditional firms like DV Trading.
  • Regulatory scrutiny may increase operational costs for proprietary trading firms.

What makes DV Trading unique

  • DV Trading leverages both quantitative and discretionary strategies for market liquidity.
  • The firm has a strong presence in derivatives and securities exchanges globally.
  • DV Trading emphasizes a flat organizational structure for quick market adaptation.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Health Savings Account/Flexible Spending Account

Life Insurance

Disability Insurance

Unlimited Paid Time Off

401(k) Company Match

Paid Parental Leave

Wellness Program

INACTIVE