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Driehaus Capital Management LLC

Junior Trader

Driehaus Capital Management LLC, Chicago, Illinois, United States, 60290

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Junior Trader

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Driehaus Capital Management LLC

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

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 teamsProduces in‑house trading reports that summarize all trading activity from previous day

Monitors 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 backup 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

Target Base Salary Range:

$75,000 - $90,000

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 & 401(k) plan, cell phone allowance, discretionary annual bonus, and subsidized fitness and wellness benefits.

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.

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