Senior Mortgage Trader

About the Company

Founded in 1980 as Aardvark Financial, TransMarket Group (TMG) is a privately held global markets proprietary trading firm in Chicago. We use next-generation technology to capture opportunities around the world and manage risk in financial markets.

Responsibilities

• Utilize mortgage expertise to manage risk and trade profitably
• Develop and maintain quantitative tools and analytics for strategy optimization
• Contribute to the desk's automation and e-trading initiatives, including algo pricing logic and auto-hedging workflows
• Collaborate with fellow traders to share insights and refine trading strategies
• Mentor junior traders on the desk

Requirements

• 5+ years of experience trading mortgages for a proprietary book
• Demonstrated track record of profitable mortgage trading
• Deep understanding of mortgage pricing and risk metrics
• Spec Pool Trading experience is required
• Proficiency with trading and risk systems
• Strong quantitative aptitude and ability to reason quickly under pressure
• Excellent communication skills and a collaborative approach
• Ability to work on-site 5 days a week in Chicago, IL

Benefits

• Generous profit sharing programs
• World-class benefits for full-time employees and their families