Global Currency Hedge Trader

About Us:

Founded 20 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 600 people operating throughout North America, Europe and Asia. 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.

Overview:

We are seeking aGlobal Currency Hedge Trader to manage and optimize FX exposure generated by a large global equities trading platform. The role focuses onsystematically identifying, modeling, and hedging currency risk arising from a multi-currency equity portfolio.

This position requires ahighly quantitative trader who can design and implement models that dynamically optimize hedge ratios, minimize currency exposure, and efficiently manage execution across global FX markets. The role sits close to the trading desk and will be responsible for building asystematic framework for managing FX risk embedded in global equity flows.

Ideal candidates will come from atop proprietary trading firm, hedge fund, or bank FX desk with experience managing institutional-scale currency exposures.

Requirements:

• 3+ years of FX trading or currency portfolio management experience at a leading prop trading firm, hedge fund, or investment bank.
• Strongquantitative background with experience building portfolio optimization, risk, or trading models.
• Deep understanding ofG10 and EM FX markets, including spot, forwards, swaps, and funding dynamics.
• Demonstrated experience managingmulti-currency portfolio exposures tied to global assets.
• Strong programming ability inPython, C++, or similar, with experience building production-quality models.
• Strong statistical intuition and experience working withlarge market datasets and real-time risk systems.
• Advanced degree inquantitative finance, mathematics, physics, engineering, statistics, or computer science preferred.

Responsibilities:

• Identify, aggregate, and manage FX exposure generated by global equity trading activity.
• Buildquantitative models to optimize currency hedging decisions, minimizing portfolio-level FX exposure while balancing transaction costs and liquidity.
• Develop systematic frameworks forhedge ratio optimization, timing of hedges, and instrument selection.
• Execute FX hedges acrossspot, forwards, and swaps across G10 and EM currencies.
• Monitor and manageportfolio-level currency risk across multiple regions and trading strategies.
• Continuously improve models by incorporatingmarket structure, correlations, and macro FX dynamics.
• Work closely withequity traders, quantitative researchers, and risk teams to integrate currency risk management into the broader trading platform.
• Analyze hedge performance and exposures torefine models and improve hedging efficiency.

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.