Assistant Trader

3Red Partners, a proprietary trading firm headquartered in Chicago, is seeking an Assistant Trader to join the team. We focus our efforts on hiring extremely talented and motivated individuals to collaborate with each other and be on the forefront of leveraging technology and math to implement sophisticated trading strategies.

The Assistant Trader will have the opportunity to work in our Chicago, Miami or Amsterdam office alongside senior traders and developers getting exposure to trading, quantitative research, and technology. This opportunity is great for anyone who has a keen interest in competitive activity and strategic gaming to work alongside the team to reinforce those skills and for someone who is seeking to make a real impact, deliver value, and work within an experienced team.

Your impact:

• Work directly with traders and developers to monitor open positions and executions on latency sensitive automated trading systems
• Review trading system performance and adjust trades based on market conditions which could result in manually trading to reduce risk when needed
• Generate feedback on performance and communicate post trade analysis and market events and behaviors to team as part of contributing to all aspect of the trading desk activities
• Help to develop improvements to the trading systems; ensure market data and research issues are tracked, bugs are fixed and deployed appropriately

Your skills:

• A strong academic background with a bachelor’s degree in a quantitative field such as Statistics, Mathematics, Physics, Operational Research or Computer Science. 
• Proven track record in a competitive activity such as poker and/or strategic games
• Demonstrated ability to maintain focus under pressure and thrive in a fast-paced environment
• Experience with writing code (Python is a plus but not required) and reviewing data sets
• Exceptional problem solving, written, and verbal communication skills

Our perks:

3Red offers a competitive compensation and benefits package. In addition to a base salary, we offer performance-based bonuses, reflecting our commitment to rewarding excellence. We also provide comprehensive health benefits, a 401k plan, commuter and wellness reimbursements, as well as several learning and development perks. Our casual dress code, weekly lunches, and team events foster a welcoming and collaborative workplace culture. At our Chicago headquarters, we enhance the workday with fully stocked pantries offering snacks and drinks, a Zen Room for relaxation, and an environment designed to support productivity and well-being.

The expected salary range for this position is $100,000 to $150,000, depending on qualifications, experience, and skills.