Junior Fixed Income Relative Value Trader

About the Role

DV is seeking a full-time individual to work directly with the head of a fixed-income relative-value trading desk. The team focuses on rigorous market analysis, sophisticated technology, and disciplined risk-taking to identify and capture opportunities across global fixed-income markets. This is not a conventional entry-level finance job.

Location

Northfield, Illinois

Key Responsibilities

• Work directly with the head of the trading desk on live positions, research, execution, and risk management.
• Monitor fixed-income markets, relative-value relationships, portfolio exposures, and trading opportunities.
• Build and improve analytical tools, trading systems, data pipelines, dashboards, and automated workflows.
• Research new strategies and test ideas using market data and quantitative methods.
• Investigate pricing discrepancies and explain changes in markets and portfolio performance.
• Execute accurately under pressure.
• Take responsibility for operational details.
• Learn the desk's investment process and gradually assume greater trading and risk-taking responsibility.

Qualifications

• A bachelor's degree in economics, mathematics, statistics, physics, computer science, engineering, or another rigorous quantitative discipline.
• Strong quantitative reasoning and the ability to think clearly under pressure.
• Genuine interest in markets, trading, technology, and risk.
• Ability to learn unfamiliar concepts rapidly.
• Exceptional attention to detail.
• Strong ownership instincts.
• Resilience to handle direct feedback, demanding standards, and periods of intense work.
• Willingness and ability to work full-time from the Northfield, Illinois office for at least the first 18 months.
• Direct fixed-income experience or experience on a trading desk is valuable but not required if you can demonstrate unusual ability, intellectual curiosity, and drive.

Career Trajectory

• The initial role is to become indispensable to the head of the desk.
• As skills and judgment develop, increasing autonomy will be given to research strategies, propose trades, build systems, and manage risk.
• The long-term opportunity is to develop your own ideas, establish a track record, and earn the opportunity to become a portfolio manager.

Benefits

• Discretionary bonus eligibility
• Medical, dental, and vision insurance
• HSA, FSA, and Dependent Care Options
• Employer Paid Group Term Life and AD&D insurance
• Voluntary LTD, Life & AD&D insurance
• Flexible Vacation policy
• Retirement plan with employer match

Compensation

Competitive base salary plus discretionary performance bonus.