Global Currency Hedge Trader

About Us

Established two decades ago and based in Chicago, DV Group comprises over 600 professionals operating across North America, Europe, and Asia. Since its separation from a major brokerage firm in 2016, DV Trading has grown rapidly as an independent proprietary trading firm leveraging its own capital, specialized trading strategies, and risk management techniques. The group includes two broker dealers, a crypto market making entity, and a growing investment advisory division.

Role Overview

We are looking for an experienced Global Currency Hedge Trader to oversee and optimize foreign exchange (FX) exposure created by a diverse global equities portfolio. The incumbent will be responsible for systematically identifying, modeling, and mitigating currency risk related to a multi-currency equity portfolio.

Key Responsibilities

• Identify and consolidate FX exposures arising from worldwide equity trading operations.
• Develop quantitative models to determine optimal currency hedging strategies that minimize FX risk and manage transaction costs efficiently.
• Create systematic approaches for hedge ratio optimization, timing, and instrument allocation.
• Conduct FX hedging operations using spot, forwards, and swaps across G10 and emerging market currencies.
• Oversee the management of currency risk at the portfolio level across various regions and trading strategies.
• Continuously enhance models by integrating factors like market structure, currency correlations, and macroeconomic FX trends.
• Collaborate closely with equity traders, quantitative analysts, and risk management teams to incorporate currency risk controls within the wider trading platform.
• Evaluate hedge effectiveness and exposures to optimize model accuracy and hedging performance.

Qualifications and Experience

• At least three years of experience in FX trading or currency portfolio management at a top-tier proprietary trading firm, hedge fund, or investment bank.
• Strong quantitative expertise with practical experience constructing portfolio optimization, risk, or trading models.
• Comprehensive knowledge of G10 and emerging market FX instruments including spots, forwards, swaps, and funding mechanisms.
• Proven track record managing multi-currency portfolios linked to global asset exposures.
• Proficient in programming languages such as Python or C++ and experienced in developing production-level trading models.
• Strong statistical understanding and experience handling extensive market datasets and real-time risk systems.
• Advanced academic background in quantitative finance, mathematics, physics, engineering, statistics, or computer science is highly regarded.

Additional Information

DV Trading does not accept unsolicited resumes from recruitment firms. Only agencies with formal written agreements should submit candidates. DV is committed to equal opportunity employment and fostering an inclusive work environment.