Junior Fixed Income Relative Value Trader

Job overview

The Junior Fixed Income Relative Value Trader role is onsite in Northfield, Illinois, for at least the first 18 months. Compensation is described as a competitive base salary plus discretionary performance bonus; numeric compensation is not specified. The role supports DV Trading’s fixed-income relative-value desk, which seeks opportunities across global fixed-income markets. Working closely with the desk head, the trader monitors markets and portfolio risk, researches strategies, improves analytical and trading tools, and executes trades. The position is intended to develop into greater trading and risk-taking responsibility over time.

What you'll do

• Work with the desk head on positions, research, execution, and risk management
• monitor fixed-income markets, relative-value relationships, portfolio exposures, and opportunities
• build and improve analytical tools, trading systems, data pipelines, dashboards, and workflows
• research strategies and test ideas with market data and quantitative methods
• investigate pricing discrepancies and explain market and portfolio changes
• handle operational details
• gradually assume greater trading and risk-taking responsibility.

What we're looking for

Skills & competencies

northfield il

fixed income

relative-value trading

trading desk

market analysis

quantitative research

portfolio risk

trade execution

financial technology

discretionary bonus eligibility

Work arrangement

• Weekend coverage required

Benefits & perks

• Discretionary bonus eligibility, medical, dental and vision insurance, HSA/FSA options, employer-paid group term life and AD&D insurance, voluntary LTD and life coverage, flexible vacation, and retirement plan with employer match.

Why this role

Direct exposure to portfolio construction, trade execution, quantitative research, technology development, and risk management from day one.

About the employer

DV Trading is hiring for this role. Industry: Investment Banking and Securities Intermediation. Sector: 52.