Junior Trader

Junior Trader

Driehaus Capital Management LLC is a privately held investment management firm that manages international, emerging markets, US growth equity and alternative investment strategies.  The firm has a diverse institutional client base comprised of corporate and public pensions, endowments, foundations, sub-advisory, family offices, wealth managers and financial advisors, globally. 

We are adding an entry-level position and seeking a Junior Trader to join our Trading department. 

Primary responsibilities include:

• Trades securities using brokers, algorithmic trading partners and dark pool platforms
• Monitors any incoming news, research, or reports
• Communicates trade thoughts and news to portfolio managers and research teams
• Produces in-house trading reports that summarize all trading activity from previous day
• Monitor executions coming back from trading partners
• Works with trading operations department to resolve trade discrepancies
• Determines the overall reasonableness of transaction costs while considering such factors as market condition, size and timing of the order, depth of the market, per share price, difficulty of execution, financial responsibility and broker commitment
• Monitors and evaluates the performance and execution capabilities of brokers to ensure that clients consistently receive executions of superior quality
• Executes portfolio rebalancing trades (basket or program trading) and checks executions
• Monitors and executes F/X trading
• Trades International markets when needed on a back up basis
• Performs special projects and other duties as assigned

Knowledge/Experience:

• Bachelor’s degree (or commensurate experience) with relevant internship or post graduate experience in the securities industry
• Equity or options trading experience a plus
• Knowledge of trading operations, products and services
• Knowledge of markets, macroeconomics, statistical and economic research techniques, broker relations, and company operations and functions as they relate to trading operations
• Strong work ethic with initiative, flexibility and resilience, eagerness to learn, and drive

Driehaus Capital Management LLC offers an exciting, comprehensive and competitive benefits package, which includes but is not limited to medical, prescription drug, dental and vision insurance, short and long-term disability, generous paid time off, paid parental leave, profit sharing & 401k plan, cell phone allowance, discretionary annual bonus, and subsidized fitness and wellness benefits.

In accordance with the Illinois Pay Transparency Law, the target base salary range for the role is below.  Actual annual base salaries may vary based on factors including but not limited to internal equity, market data/ranges, as well as the individual applicant’s education, training, prior relevant experience, and other job-related qualifications. If hired, base pay will be determined on an individualized basis and is only one part of the total compensation package.

Target Base Salary Range: $75,000 - $90,000

Driehaus Capital Management LLC provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.