Experienced Emerging Markets FX Trader

Gelber Group LLC • Full-time • Stamford, CT, US • 1d ago

We are Gelber Group -- Passion for Trading. Powered by Technology.

Headquartered in Chicago with offices across the United States and Europe, for more than 40 years, we have set the bar as one of the industry’s most innovative and enduring proprietary trading firms. Our success derives from a relentless pursuit of new trading ideas and careful attention to technology. We believe in a culture of entrepreneurship, innovation, and collaboration and we empower each member of our team to have a meaningful impact from the very start of their career with Gelber. We invest in our future through our technology and talented staff, strategically committing resources to move our firm forward and help our people succeed. We trade a little bit of everything here and are always looking to expand into new opportunities. Our flat organizational structure and focus on a true meritocracy with competitive profit splits attracts individuals with an edge which contributes to our consistent success.

As an Experienced Emerging Markets FX Trader, you will have a real opportunity to make a significant impact on the firm. You will work side by side with other successful and talented individuals to capitalize on opportunities across global Emerging Markets FX and macro products. This role is designed for someone who flourishes in a fast-paced environment, has a strong work ethic, a competitive mindset, and a proven record of profitability in Emerging Markets trading for at least two years.

This position will require a strong emphasis on in-person presence in our Chicago office, located in River North right next to the Merchandise Mart and convenient to public transportation.

What You’ll Do

Manage your own trading book with a focus on emerging markets FX products including spot, NDFs, futures, options, and local rates-related opportunities
• Identify and capitalize on macroeconomic, geopolitical, and cross-asset dislocations across LATAM, EMEA, and APAC markets
• Analyze market trends, order flow, liquidity conditions, and technical patterns to identify trading opportunities in both developed and emerging economies
• Continuously monitor central bank policy, sovereign risk, inflation dynamics, capital flows, and political developments impacting emerging markets currencies
• Collaborate closely across trading desks to execute team goals while ensuring core risk standards are observed
• Develop, test, and refine discretionary and/or systematic trading strategies using historical data and real-time market conditions
• Conduct independent research to uncover new opportunities and improve the performance and scalability of existing strategies
• Monitor material changes in levels of risk and variance in PnL, particularly during volatile macro events, and proactively communicate developments to leadership
• Navigate trading environments with varying liquidity profiles, market structures, and regional regulatory considerations
• Build and grow your business through collaboration, mentorship, and continuous market engagement

What We’d Like to See

Proven track record of profitability in emerging markets FX for at least two years in a risk-taking role
• Strong understanding of macroeconomic drivers impacting emerging markets currencies, rates, and capital flows
• Experience trading products such as EM spot FX, NDFs, EM options, or related macro products
• Deep knowledge of one or more regional markets including LATAM, CEEMEA, or APAC
• Entrepreneurial mindset and highly competitive nature
• Excellent communication and interpersonal skills with the ability to work both autonomously and as a collaborative team player
• Proven self-starter with exceptional product knowledge, trading methodology, and market insight
• Ability to manage and communicate risk in accordance with Firm policies and limits, especially during periods of elevated volatility
• Proficiency with trading platforms, execution algorithms, and market data analysis tools
• Strong understanding of liquidity dynamics, execution considerations, and event risk specific to emerging markets
• Openness to feedback and willingness to adapt trading style as market regimes evolve
• Strong work ethic and understanding that the more you put into your craft, the more you’ll get out of it
• Mentality of continuous improvement

The approximate annual base compensation range for this position in White Plains, New York is $72,000 to $120,000 + percent share of the profits you generate. The actual offer, reflecting the total compensation package plus benefits, will be determined by a number of factors which include but are not limited to the applicant’s experience, knowledge, skills, and abilities; geographic location; and internal equity. In addition to your salary, our total rewards package includes health benefits, a 401(k) plan, PTO, parental leave, professional development, tuition reimbursement and discretionary bonus, enhancing your overall total rewards package.

Benefits and Culture: