Full-Time
Senior Mortgage Trader
TransMarket Group
51-200 employees
Proprietary trading firm leveraging technology
No salary listed
Chicago, IL, USA
In Person
On-site required; five days per week in Chicago office.
 Real Estate (1) |
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 Quantitative Finance (1) |
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 Finance & Banking (1) |
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- 5+ years of experience trading mortgages for a proprietary book
- Demonstrated track record of profitable mortgage trading
- Deep understanding of mortgage pricing and risk metrics
- Spec Pool Trading experience is required
- Proficiency with trading and risk systems
- Strong quantitative aptitude; ability to reason quickly under pressure with sound judgment on risk
- Excellent communication skills and a collaborative approach with sales and clients
- Strong work ethic and a collaborative mindset.
- This position requires physical presence and is on-site (all 5 days) at our office in Chicago, IL.
- Utilize mortgage expertise to manage risk and trade profitably
- Develop and maintain quantitative tools and analytics for strategy optimization.
- Contribute to the desk's automation and e-trading initiatives, including algo pricing logic and auto-hedging workflows
- Collaborate with fellow traders to share insights and refine trading strategies.
- Mentor junior traders on the desk
TransMarket Group is a private global proprietary trading firm that uses its own capital to trade financial markets, with offices in Chicago, Puerto Rico, and Switzerland. It operates by applying advanced technology and disciplined trading practices to identify opportunities and manage risk through proprietary trading strategies executed by experienced teams worldwide. The company differentiates itself with an entrepreneurial, collaborative culture, a focus on continuous learning and disciplined development, and a mission that combines financial success with wealth stewardship. Its goal is to generate profitable outcomes from proprietary trading while responsibly blessing others through the wealth it creates and its stewardship.
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Chicago, Illinois
Founded
1980
Get referred to TransMarket Group
See people who can refer or advise you
Simplify's Take
What believers are saying
- FIA's April 2026 profile confirms active expansion across products and geographies.
- TMG's website says the business is profitable and still startup-like.
- Recent hiring for quantitative traders shows continued investment in automated futures strategies.
What critics are saying
- Hiring depends on profitable trading; a bad year hits compensation immediately.
- TMG's 2005 patent dispute history signals legal exposure around trading technology.
- A systematic underperformance cycle could crush the firm within one severe market regime.
What makes TransMarket Group unique
- Founded 1980, TMG trades global derivatives, equities, commodities, and fixed income actively.
- Chicago headquarters plus Puerto Rico and Switzerland offices support global market access.
- TMG emphasizes advanced modeling, technology, research, and disciplined capital deployment.
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