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Job Description |
Ancilla Corporation (C) Copyright 2025 All Rights Reserved
Position Title: Sr. Futures Trader / Desk Lead Location: Chicago, IL (Class A Loop Office) or Remote (U.S.-based) / Amsterdam, London, or Singapore (Amsterdam on-site preferred for international traders) Employment Type: Full-Time Compensation: Highly Competitive PnL split with guaranteed base structured to reward capital efficiency and trading performance, plus benefits package.
Overview
Retained search for a senior futures trader to lead or join a high-performing desk at a globally positioned proprietary trading firm. The firm is expanding its footprint across global listed futures markets with a focus on scalable, alpha-generating strategies in rates, energy / commodities, and equity index products.
The ideal candidate is coming from a top proprietary firm or trading desk and will bring an institutional mindset, proven capital deployment efficiency, and may bring or build a team. This is a rare opportunity to gain autonomy and resource support within a high-performing trading environment.
About the Firm
This opportunity is with a mid-sized, privately held proprietary trading firm headquartered in Chicago, with global reach and a strong operational base in a top-tier European financial hub. For nearly 20 years, the firm has successfully traded its own capital across global futures and options markets, delivering consistent, high-performance results without outside investors.
The firm combines institutional-grade infrastructure with the agility of an elite trading team. It operates across all major global exchanges and offers world-class technology, risk management, and support enabling senior traders to deploy and scale strategies with full autonomy.
The environment is built for serious professionals: cutting edge technology infrastructure (i.e. ultra low latency software and hardware), performance-driven, low-ego, and designed to reward capital efficiency through a transparent PnL split with guaranteed base compensation. This is a rare platform for traders ready to step into meaningful scale with a partner, not a hierarchy.
Required Qualifications
- Senior-level futures trader from a top proprietary firm or trading desk ideally with a track record of $3M–$10M+ desk annual PnL, or with demonstrated consistency and the ability to scale strategies
- Deep expertise and strategy-level ownership in one or more global listed futures asset classes, including but not limited to:
Rates (e.g., U.S. Treasuries, European sovereigns, interest rate derivatives) Equity Index (e.g., global index futures, sector-based indices, volatility futures) Commodities (e.g., energy, agricultural, precious/industrial metals)
- Proven ability to scale strategies across regions, instruments, and time zones
- Strong risk management profile, with documented drawdown limits, capital deployment logic, and exposure discipline
- Technology acumen (e.g., Python or other scripting tools) for signal generation and analytics
- Experience mentoring junior traders or working with shared technical resources is a plus
While onboarding is handled internally, the firm is open to hiring additional teammates if required to support the successful operation of a new desk. Candidates are encouraged to identify any key team members they’d look to bring with them.
Responsibilities
- Manage execution and risk of proprietary strategies across listed futures products
- Build and scale capital-efficient, signal-driven or hybrid discretionary/systematic strategies
- Collaborate with internal engineering and quant teams to optimize latency, analytics, and execution
- Monitor and adjust to real-time market structure, liquidity, and volatility conditions
- Contribute to portfolio construction and macro strategy discussions
- Lead or co-lead desk initiatives including new product onboarding, infrastructure needs, and technical support requirements
Firm & Trading Environment
- Privately held and highly profitable
- Trades across CME, ICE US, ICE Europe, Eurex, EEX, JPX, B3, CFE, BrokerTec, and others
- Transparent and merit-based profit allocation with no cap on earnings potential
- Institutional-grade support across trade lifecycle: engineering, risk, operations, compliance, and data
- Infrastructure supports both low-latency trading and research-intensive strategies, including advanced hardware systems (e.g., FPGA, custom networking)
- Entrepreneurial and flat organizational culture with room for innovation and product leadership
Compensation & Benefits
- Highly competitive base salary with performance-linked upside based on desk performance and capital deployment
- Full suite of benefits:
- Medical (BlueCross BlueShield PPO/HMO)
- HSA contributions with HDHP
- Dental, Vision
- 401(k) with match
- Life and disability insurance
- PTO, commuter benefits
- Complimentary meals and beverages (on-site)
- Gym access (Chicago HQ)
Interview Process
- Confidential and efficient
- Begins with retained search partner, followed by virtual or in-person interviews with senior leadership, traders, and technical stakeholders
- Final round may include an onsite session (as appropriate by location)
Trader Screening Questions
- What is your average daily trading volume?
(Please specify units: contracts, shares, or notional value.)
- What is your average daily and yearly PnL?
- How would you describe your PnL profile?
(e.g., consistency, ratio of winning to losing days, streaks, volatility in results.)
- What does your worst daily drawdown look like compared to your best single-day PnL?
(Please provide specific figures or ratios if possible.)
- Do you have any latency requirements for your trading strategies?
(e.g., sub-millisecond, low-latency co-location, no latency sensitivity.)
- How much capital are you currently trading?
(Specify proprietary, institutional, or personal capital.)
- What are your typical trade hold times?
(e.g., seconds, minutes, hours, overnight.)
- What time(s) of day do you typically trade?
(e.g., U.S. market open, European hours, Asia session.)
- What type of trader are you (e.g., discretionary, systematic, quantitative), which markets or products do you trade, and what is your core strategy in brief?
- How would you describe your technical skills?
- Do you use Python or other coding languages in your trading?
(Please describe your level of coding experience or automation skills.)
- Are you currently under a non-compete agreement or any restrictive covenants?
(Please clarify terms and expiration, if applicable.)
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