What are the responsibilities and job description for the Trader, OTC Commodities position at DV Trading?
About Us:
Founded more than 15 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 450 people operating throughout North America and in Europe. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.
DV Commodities is a division within DV Group that specializes in trading commodities markets, including crude oil, refined products, natural gas, power, emissions, metals, softs, and agriculture. DV Commodities' risk management, world-class technology, and talented traders have enabled it to become one of the world's largest liquidity providers and risk allocators in the energy and commodities spaces. DV Commodities currently has over 35 desks, with traders and staff located in London, New York, Chicago Houston, and Dubai. Learn more here.
Overview
- Work side by side with senior traders to learn about proprietary methodologies and trading systems that support an established trading business
- Actively engage in counterparty-facing activities, including structuring and presenting trade ideas, preparing market commentary, and responding to counterparty requests in real time
- Manage trade execution, with a strong focus on counterparty exposure, credit considerations, and operational efficiency
- Build and maintain pricing models, fundamental analyses, and trade tools that support both internal decision-making and counterparty engagement
- Enhance existing strategies and identify new opportunities to expand counterparty flows, trading volumes, and profitability
- Serve as a key liaison between trading desks, risk management, operations, and OTC counterparties to ensure seamless deal execution and lifecycle management
- Further responsibilities may evolve with the individual's strengths, interests, and ability to grow counterparty relationships
Requirements
- 2 years of industry experience
- Strong communication and relationship-building skills with the ability to engage confidently with counterparties and colleagues under high-pressure conditions
- Ability to articulate trade structures, risk exposures, and market views clearly, both verbally and in writing
- Professional presence, strong interpersonal skills, and a business-first mindset focused on delivering solutions and building credibility
- Detail-oriented, organized, and diligent with a high level of professionalism in counterparty interactions
- Demonstrated ability to manage multiple priorities — balancing counterparty demands, trade execution, credit/risk considerations, and internal coordination
- Entrepreneurial and proactive in identifying and pursuing opportunities to grow counterparty flows and wallet share
- Team-oriented, able to collaborate effectively across trading, risk, operations, and research groups
- Strong interest in trading, commodity markets, and developing long-term counterparty relationships
- Strong understanding of math, probability, and statistics to support trade structuring, pricing, and risk analysis
- High level of proficiency in Excel; VBA, SQL, Python, or other programming/statistical tools a plus
- Advanced aptitude for problem solving, multitasking, and adapting to both trading and counterparty-facing demands
Annual compensation range: $100K-125K discretionary bonus eligibility
DV is not accepting unsolicited resumes from search firms. Only search firms with valid, written agreements with DV should submit resumes in response to DV's posted positions. All resumes submitted by search firms to DV via e-mail, the Internet, personal delivery, facsimile, or any other method without a valid written agreement shall be deemed the sole property of DV, and no fee will be paid in the event the candidate is hired by DV. DV is proud to be an equal opportunity employer and committed to creating an inclusive environment for all employees.
