DV Trading
50-200 employees
capital-markets
finance
market-making
proprietary-trading
technology
trading-platform
About DV Trading
DV Trading is a North American based proprietary trading firm with a significant presence on derivatives and securities exchanges worldwide. DV actively participates in the marketplace both on a liquidity provisioning and global macro basis.
4 months ago
Quantitative Risk Analyst
Chicago, Illinois - Office
Full-time
Mid Level
Analyst
📋
Description
- About Us:
- Founded more than 15 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 450 people operating throughout North America and in Europe. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a burgeoning investment adviser.
- Overview: We are seeking an experienced Quantitative Analyst to play a critical role in designing and managing calculations and metrics essential to the firm’s risk management framework. This is a high-impact role as you collaborate with our risk analysts, traders, and senior leadership to ensure robust risk oversight and contribute to the development of performance and exposure analytics.
- Responsibilities:
- Design, implement, and manage theoretical end-of-day and real-time P&L calculations across multiple asset classes, financial instruments, and trading strategies.
- Implement and maintain pricing methodologies for illiquid products.
- Develop and document processes for handling regional market closures, holidays, and disruptions.
- Design and manage internal controls around automated P&L generation, ensuring compliance.
- Work with risk teams to develop analytics, market exposure analysis, and risk metrics.
- Participate in Performance Reporting and Risk Committees.
- Validate daily P&L data before distribution.
- Requirements:
- Bachelor's degree in Finance, Economics, Accounting, or STEM fields.
- Master’s degree in Data Science, Quantitative Finance, Mathematics, or Engineering preferred.
- 5+ years of experience in hedge funds, trading firms, or bank trading desks focusing on P&L and quant analytics.
- Experience with asset classes like fixed income, commodities, crypto, equities, or currencies.
- Knowledge of derivatives pricing (forwards, futures, options, swaps, exotics).
- Strong understanding of financial instruments, risk metrics, and market conventions.
- Proficiency in Python and SQL.
- Strong quantitative skills and experience with risk and performance metrics.
- Familiarity with Bloomberg, Reuters, or other market data systems.
- Excellent analytical and problem-solving skills.
- Benefits:
- Discretionary bonus eligibility
- Medical, dental, and vision insurance
- HSA, FSA, and Dependent Care options
- Employer Paid Group Term Life and AD&D Insurance
- Voluntary LTD, Life & AD&D insurance
- Flexible vacation policy
- Retirement plan with employer match
- Paid parental leave
- Wellness Programs
- Salary Range: $175,000 - $225,000 base + discretionary bonus eligibility
🎯
Requirements
- Bachelor's degree in Finance, Economics, Accounting, or STEM fields.
- A master’s degree in a data-intensive field (e.g., Data Science, Quantitative Finance, Mathematics, or Engineering) is preferred.
- 5+ years of relevant experience in a hedge fund, proprietary trading firm, or bank's trading desk, with a focus on P&L, performance data, and quant analytics.
- Specialized experience in one or more asset classes—fixed income, commodities, crypto, equities, or currencies—is preferred.
- Experience with derivatives pricing (forwards, futures, options, swaps, exotics).
- Strong understanding of financial instruments, pricing methodologies, risk metrics, and market conventions across regions.
- Proficiency in Python for data analysis and automation.
- Proficiency in SQL for database management and data querying.
- Strong quantitative skills and experience working with risk teams to develop analytics and performance metrics at both trader and portfolio levels.
- Familiarity with Bloomberg, Reuters, or other real-time market data systems.
- Excellent analytical and problem-solving skills with a strong attention to detail.
🏖️
Benefits
- Discretionary bonus eligibility
- Medical, dental, and vision insurance
- HSA, FSA, and Dependent Care options
- Employer Paid Group Term Life and AD&D Insurance
- Voluntary LTD, Life & AD&D insurance
- Flexible vacation policy
- Retirement plan with employer match
- Paid parental leave
- Wellness Programs