Experienced Interest Rates Trader

Posted:
3/20/2025, 11:03:01 PM

Location(s):
Illinois, United States ⋅ Chicago, Illinois, United States

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Finance & Banking

Workplace Type:
On-site

Belvedere Trading is a leading proprietary trading firm. We are a team driven by intellectual curiosity, seeking answers that will change not only how we trade in this technological age, but also the future landscape of the trading industry. 
Our traders provide liquidity to the market through their market-making activities and are the masters of a diverse set of commodities, interest rates, exchange-traded funds (ETF), and equity index options. Traders partner with our technologists to continually engineer and optimize our trading systems to stay on top of the industry. 

As an Interest Rates Trader, you will play a critical role in developing and executing trading strategies within Belvedere Trading’s interest rate products team. Leveraging your deep understanding of the Secured Overnight Financing Rate (SOFR) market, you will analyze data, identify trading opportunities, and manage risk in a fast-paced and dynamic environment. Your strong analytical skills, quantitative mindset, and market intuition will be essential as you contribute to the firm’s success in interest rate derivatives and related markets. 
In this role, you will collaborate closely with colleagues across trading, research, and technology to continuously optimize strategies and enhance performance. Your expertise in risk assessment and trade execution will be instrumental in driving profitability and maintaining Belvedere’s competitive edge. 
How We Operate - Core Values 
Team Belvedere: Work seamlessly with others to achieve shared goals. Foster a positive and supportive environment that brings out the best in your teammates.  
Me in Team: Focus on competing and succeeding at the highest level, constantly striving for excellence. 
Own It: Actively address challenges and make decisions that drive positive results, taking ownership of both successes and failures. 
Iterative Innovation: Bring forward bold, creative ideas and solutions. Be open to experimentation and willing to take calculated risks. 
Passionate Discourse: Encourage and bring innovative, out-of-the-box ideas to discussions, actively contributing to team growth and progress. 
 
Women and underrepresented groups frequently apply to jobs only if they meet 100% of the qualifications. 
We encourage you to break that mold and apply. No candidate is perfect; all have a lot to offer. We welcome your application. 
 
Our Stance 
Belvedere is an Equal Opportunity Employer committed to a non-discriminatory workplace. We promote diversity and equal opportunity for all employees and applicants, fostering an inclusive environment where all team members are treated with respect, dignity, and courtesy. We value a dynamic culture where diverse backgrounds, experiences, and perspectives thrive. 
 
Work Schedule: Regular and reliable attendance during business hours with the ability to be on-site prior to the start of business on occasion 
Physical: Ability to remain at a desk and concentrate for long periods of time
Amount of Travel Required: None