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Associate Trader Jobs in Chicago, IL (NOW HIRING)

Trading Operations Associate Department: Operations Employment Type: Full Time Location: Chicago, IL Description Be at the center of the firm's trading operations, supporting multiple trading groups ...

Trading Associate - 2027

Chicago, IL · Hybrid

$100K - $125K/yr

Trading Associates are encouraged to explore their own interests in both automated and discretionary trading, allowing them to take ownership over their career path. Basic Training * Pass the Series ...

Trading Associate - 2027

Chicago, IL · On-site

$100K - $125K/yr

Trading Associates are encouraged to explore their own interests in both automated and discretionary trading, allowing them to take ownership over their career path. Basic Training * Pass the Series ...

Trading Associate - 2027

Chicago, IL · On-site

$100 - $125/hr

Trading Associates are encouraged to explore their own interests in both automated and discretionary trading, allowing them to take ownership over their career path. Basic Training * Pass the Series ...

Quantitative FX Trader

Chicago, IL · On-site

$150K - $225K/yr

Old Mission is a global proprietary trading firm that leverages state-of-the-art technology and research to identify and execute profitable trading strategies across multiple asset classes around the ...

Trading Associate, PPM

Chicago, IL · On-site

$93K - $104K/yr

Job Purpose The Fixed Trading Associate supports Traders in their day-to-day activities. This includes all trade processing, as well as generating various reports. Essential Responsibilities

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ...

Quantitative Trader - Futures

Chicago, IL · On-site

$150K - $250K/yr

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ...

Showing results 41-60

Associate Trader information

See Chicago, IL salary details

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How much do associate trader jobs pay per hour?

As of Sep 4, 2026, the average hourly pay for associate trader in Chicago, IL is $19.60, according to ZipRecruiter salary data. Most workers in this role earn between $15.62 and $20.82 per hour, depending on experience, location, and employer.

What is an associate trader?

Associate Traders are entry- to mid-level professionals who assist in buying and selling financial securities, such as stocks, bonds, or derivatives, on behalf of clients or firms. They support senior traders with market analysis, trade execution, and monitoring of trading positions. Associate Traders also help manage risk, ensure compliance with regulations, and may interact with clients to relay information. This role is often a stepping stone to becoming a full trader and requires strong analytical skills, attention to detail, and a good understanding of financial markets.

What are the key skills and qualifications needed to thrive as an associate trader?

To thrive as an Associate Trader, you need strong quantitative and analytical skills, a bachelor's degree in finance, economics, or a related field, and a solid understanding of financial markets. Proficiency in trading platforms like Bloomberg Terminal, Excel, and familiarity with programming languages such as Python is highly beneficial. Attention to detail, quick decision-making, and effective communication are standout soft skills in this role. These capabilities enable accurate trade execution, efficient risk management, and strong collaboration in high-pressure, fast-paced trading environments.

What are some common challenges associate traders face when adapting to fast-paced market conditions?

Associate Traders often work in environments where market conditions shift rapidly, requiring quick decision-making and the ability to process large amounts of information under pressure. One challenge is staying updated with constantly changing regulations and trading platforms, while maintaining accuracy in high-stakes situations. Effective communication with senior traders and other team members is also essential, as collaboration helps mitigate risks and seize opportunities promptly. Developing a disciplined approach to risk management and learning from experienced colleagues can help new Associate Traders thrive in this dynamic role.

What does an associate trader do?

An associate trader supports senior traders by executing trades, analyzing market data, and monitoring financial positions. They often use trading platforms and require strong analytical skills, attention to detail, and knowledge of financial markets. The role typically involves working in a fast-paced environment with a focus on risk management and compliance.

What are the most commonly searched types of Trader jobs in Chicago, IL?

The most popular types of Trader jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Associate Trader jobs?

Cities near Chicago, IL with the most Associate Trader job openings:

Infographic showing various Associate Trader job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 67% Full Time, 29% Part Time, 1% Temporary, 1% Contract, and 1% Nights. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $40,741 per year, or $19.6 per hour.

Trading Operations Associate

Wolverine

Chicago, IL • On-site

$60K - $90K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 15 days ago


Job description

Trading Operations Associate
Department: Operations
Employment Type: Full Time
Location: Chicago, IL
Description
Be at the center of the firm's trading operations, supporting multiple trading groups and partnering with traders, finance, engineering, exchanges, and clearing firms. You'll help keep daily trading activity running smoothly while improving controls, solving operational challenges, and building more automated, efficient, and dynamic processes.
What You'll Do
  • Oversee daily trading operations, serving as a key liaison among trading teams, clearing firms, exchanges, Finance, and Engineering.
  • Monitor and reconcile trades, positions, cash, and clearing activity throughout the trading day, investigating and resolving discrepancies as they arise.
  • Partner with Finance to maintain accurate books and records, support daily and month-end reconciliations, and ensure operational data flows correctly into financial reporting.
  • Work closely with Engineering to design, automate, and continually improve operational processes, controls, reporting, and exception-management tools.
  • Coordinate with exchanges, clearing firms, brokers, and other external partners to resolve issues, improve workflows, and support efficient and scalable trading operations.
  • Monitor critical operational and risk processes, proactively identifying exceptions, escalating issues, and coordinating resolution across internal and external teams.
  • Support corporate actions, position and trade lifecycle events, clearing activity, and infrastructure cost allocation.
  • Document procedures, strengthen operational controls, and reduce manual work and operational risk through process standardization and automation.

What We're Looking For
  • Bachelor's degree
  • Strong computer skills, including Microsoft Excel
  • Knowledge of SQL, or willingness to learn quickly
  • Strong attention to detail
  • Hard working and dedicated individual
  • Strong communication skills and desire to work in a team environment

Why Join Us
Our flat organizational structure promotes teamwork across the Firm and offers easy access to senior staff. While we work exceptionally well as a team in the office, our bonds are further strengthened through company events, activities and giving back. Volleyball, soccer, hockey, 5K runs, picnic, parties, and trivia nights provide friendly competition and build better relationships. By getting out of our usual environment and doing out-of-the-ordinary things together, we foster creativity and broaden our imaginations to accomplish new challenges.
Benefits:
  • Highly competitive salary & bonus opportunity
  • Generous paid time off and flexible scheduling
  • 100% coverage of medical, dental, vision, life, and disability benefits for single coverage
  • Generous Paid Parental Leave
  • Retirement Plans: 401K and Roth 401K
  • Profit sharing plan
  • Long- and short-term disability

Additional Perks:
  • Free breakfast and lunch from our in-house kitchen with rotating menus (including snacks!)
  • On-site gym with a subsidized membership
  • Frequent company outings
  • Opportunity to give back to organizations that help individuals in need in the Chicagoland area

Professional Development:
  • In-house education team - classes and resources are offered for continuous learning opportunities
  • Mentorship Program through your first six months of employment

The base compensation range for this role is approximately $60,000-$90,000 contingent on experience. Wolverine Trading's total compensation model includes base salary and an annual discretionary bonus.