Full-Time

Experienced Trader

Posted on 7/3/2025

Gelber Group

Gelber Group

201-500 employees

Proprietary trading firm trading global assets

Compensation Overview

$72k - $120k/yr

+ Discretionary Bonus

Chicago, IL, USA

Hybrid

Category
Quantitative Finance (3)
, ,
Required Skills
Python
Risk Management
Data Analysis
Requirements
  • Proven track record of profitability as a trader for at least two years
  • Develop and implement trading strategies aimed at generating consistent profits while adhering to risk management guidelines and regulatory requirements
  • The ability to create and support quantitative models
  • Experience with data analysis programming languages (Python is a plus)
  • An attentive, mindful, and focused demeanor
  • Proven self-starter
  • Ability to thrive in a fast-paced and dynamic trading environment, with a focus on teamwork, collaboration and continuous improvement
  • Strong communicator who works well with others but also thrives in an entrepreneurial environment
Responsibilities
  • Develop and implement trading strategies aimed at generating consistent profits while adhering to risk management guidelines and regulatory requirements
  • Create and support quantitative models
  • Analyze data to inform trading decisions and optimize strategies
  • Collaborate with team to drive trading profitability and continuous improvement

Gelber Group is a global proprietary trading firm that uses its own capital to trade across major asset classes such as equities, commodities, and foreign exchange. It assumes all related risks and rewards, rather than handling client money, which allows it to offer high compensation to its employees. The company relies on its own resources, deep market knowledge, and technological tools to generate trading profits from market movements. Unlike brokers, hedge funds, or banks, Gelber Group does not manage external client funds but trades for its own account and serves institutional investors and high-net-worth individuals. With offices in Chicago, White Plains, NY, Amsterdam, and other locations, the firm focuses on ongoing development of trading ideas and technology. Its goal is to grow profitability by applying new strategies and advanced technology while mentoring the next generation of market participants.

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

1982

Simplify Jobs

Simplify's Take

What believers are saying

  • Diversified revenue from fixed income alongside equities, commodities, and FX.
  • 16 distinct trading groups pursue innovative strategies across global marketplaces.
  • Internships in Boston and Amsterdam mentor next generation of traders.

What critics are saying

  • CFTC enforcement for false reporting and wash sales triggers suspensions.
  • Jane Street's HFT tech slashes Gelber's profits in equities and futures.
  • EU MiFID III bans wash sales, forcing Amsterdam closure and 20% revenue loss.

What makes Gelber Group unique

  • Gelber Group trades equities, commodities, FX, and fixed income with own capital since 1982.
  • Amsterdam office Gelber Coöperatief U.A. accesses European markets for proprietary strategies.
  • 'Eat what you kill' model offers high compensation to attract passionate traders.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

Parental Leave

Tuition Reimbursement

Flexible Work Hours

Hybrid Work Options

Wellness Program

Employee Referral Bonus

Charitable giving and company match

Casual, relaxed office environment

INACTIVE