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Senior Prop Trader Jobs (NOW HIRING)

Trader (Convertible Bonds)

Manhattan, NY ยท On-site

$100 - $125/hr

Partner with senior traders on position sizing, risk limits, and book construction * Stay current ... A competitive, selfโ€‘directed mindset suited to a prop trading environment -- you'll be given real ...

Senior Principal, Institutional Sales Gemini is seeking a highly experienced Institutional Sales ... Originate, onboard, and grow institutional OTC relationships across hedge funds, prop trading firms ...

Senior AI Engineer

New York, NY ยท On-site

$114K - $157K/yr

The Senior AI Engineer defines how the firm builds production agent systems and ships reference ... Prop trading, hedge fund, or financial services - Firm-wide platform or standards work - Multi ...

Senior AI Engineer

Chicago, IL ยท On-site

$200K - $300K/yr

The Senior AI Engineer defines how the firm builds production agent systems and ships reference ... Prop trading, hedge fund, or financial services - Firm-wide platform or standards work - Multi ...

Senior AI Engineer

Chicago, IL ยท On-site

$200K - $300K/yr

The Senior AI Engineer defines how the firm builds production agent systems and ships reference ... Prop trading, hedge fund, or financial services - Firm-wide platform or standards work - Multi ...

Senior AI Engineer

New York, NY ยท On-site

$200K - $300K/yr

The Senior AI Engineer defines how the firm builds production agent systems and ships reference ... Prop trading, hedge fund, or financial services - Firm-wide platform or standards work - Multi ...

Requirements: * 2+ years of experience in Trading (e.g., equities, fixed income, FX, commodities, or derivatives trading at a bank, hedge fund, or prop trading firm). * Strong grasp of market ...

Senior Quantitative Analyst

Manhattan, NY ยท On-site

$150 - $210/hr

... prop trading firm, or fintech. * Expert-level Python programming, including NumPy, pandas, scikit-learn, and relevant ML frameworks (PyTorch, TensorFlow, or similar). * Deep understanding of ...

Originate, onboard, and grow institutional OTC relationships across hedge funds, prop trading firms ... Strong communication and negotiation skills with senior institutional counterparts

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Showing results 1-20

Senior Prop Trader information

See salary details

$25K

$80.3K

$163.5K

How much do senior prop trader jobs pay per year?

As of Aug 28, 2026, the average yearly pay for senior prop trader in the United States is $80,287.00, according to ZipRecruiter salary data. Most workers in this role earn between $41,500.00 and $103,000.00 per year, depending on experience, location, and employer.

What is a senior prop trader?

A Senior Prop Trader, or Senior Proprietary Trader, is a financial professional who trades stocks, bonds, currencies, or other financial instruments using a firm's own capital rather than client funds. They are typically responsible for developing and executing trading strategies, managing risk, and generating profits for the firm. Senior Prop Traders often have several years of experience, deep market knowledge, and may lead or mentor junior traders. Their compensation is often tied to their trading performance, making the role highly demanding and competitive.

What are the key skills and qualifications needed to thrive as a senior prop trader?

To thrive as a Senior Prop Trader, you need advanced quantitative and analytical skills, a deep understanding of financial markets, and a proven track record in trading, often supported by a degree in finance, mathematics, or a related field. Expertise with trading platforms, risk management systems, and programming languages like Python or C++ is typically required, along with relevant certifications such as CFA or FRM. Strong decision-making, resilience under pressure, and effective communication are essential soft skills that set top performers apart. These skills and qualities are crucial for executing profitable trades, managing risk, and adapting quickly in a fast-paced, high-stakes environment.

What are some common challenges faced by senior prop traders in managing risk across multiple strategies?

Senior Prop Traders often juggle several trading strategies simultaneously, each with its own risk profile and market dynamics. One common challenge is maintaining discipline in risk management when adapting to rapidly changing market conditions, as well as ensuring that risk limits are not exceeded during periods of high volatility. Effective communication and coordination with risk management teams are essential for real-time oversight and to implement risk mitigation tactics promptly. Additionally, balancing short-term profit opportunities with long-term portfolio stability requires a deep understanding of both quantitative models and market psychology.

What is the difference between Senior Prop Trader vs Quant Trader?

AspectSenior Prop TraderQuant Trader
CredentialsExperience in trading, often with proprietary trading firm, sometimes with finance or economics backgroundStrong quantitative skills, degrees in math, physics, or computer science, often with advanced degrees
Work EnvironmentTrading desks, fast-paced, decision-drivenResearch labs, algorithm development, data analysis
Employer & IndustryProprietary trading firms, hedge funds, investment banksHedge funds, asset managers, financial institutions

The main difference is that Senior Prop Traders focus on executing trades based on market insights and experience, while Quant Traders develop algorithms and models to identify trading opportunities. Both roles require strong financial knowledge, but Quant Traders emphasize technical and analytical skills more heavily.

More about Senior Prop Trader jobs

What cities are hiring for Senior Prop Trader jobs?

Cities with the most Senior Prop Trader job openings:

What are the most commonly searched types of Prop Trader jobs?

The most popular types of Prop Trader jobs are:

What states have the most Senior Prop Trader jobs?

States with the most job openings for Senior Prop Trader jobs include:

Infographic showing various Senior Prop Trader job openings in the United States as of August 2026, with employment types broken down into 97% Full Time, 2% Part Time, and 1% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $80,287 per year, or $38.6 per hour.

Senior Trader, Market Making

Fanatics Betting & Gaming

Denver, NY โ€ข On-site

Full-time

Posted 13 days ago


Job description

About the role
Fanatics Markets is Fanatics' prediction market platform, letting users trade contracts across sports, finance, economics, culture, and crypto. We're building out our trading desk to provide liquidity, manage risk, and ensure tight, fair markets across our contract slate. We're looking for a Senior Trader with hands-on market making experience to help scale this function as we expand into new states and asset classes.

What you'll do

  • Make markets and manage risk across sports and financial prediction contracts
  • Design and develop models to generate real-time fair values for event-driven outcomes
  • Partner with quants, product and engineering to productionize models for live trading
  • Monitor, validate, and iterate on production models, continuously improving predictive accuracy and trading outcomes while ensuring robustness and operational stability of pricing models
  • Identify and execute market-take opportunities arising from model insights and prediction-market dynamics
  • Design & implement trading strategies to maximise volume and revenue while scaling automated decision-making
  • Manage forecasting along with P&L reporting
  • Monitor exposure limits and escalate risk issues.
  • Partner with product, quant, engineering, and compliance teams to launch new markets and contract types
  • Help mentor junior traders and shape trading desk processes as the team grows

What you'll bring

  • Bachelor's degree or higher in a technical or quantitative discipline (e.g., Mathematics, Statistics, Computer Science, Physics, Economics).
  • 5+ years of professional trading experience in market making, options/derivatives, prop trading, or sports betting trading
  • Experience with prediction or financial markets - market structure, pricing mechanics, and liquidity dynamics
  • Experience managing a live book under time pressure, with sound risk discipline
  • Strong grasp of trading concepts, with the ability to think critically about uncertainty and model assumptions
  • Strong communication skills and ability to work cross-functionally with traders, product and engineering teams
  • Familiarity with CFTC-regulated markets, exchanges, or clearing houses
  • Interest in sports and event-driven markets

Depending on the role, your interview and onboarding experience may include in-person components, such as onsite interviews or Launching into Better: LIVE-a multi-day cultural immersion in New York City for full-time, non-seasonal hires. These sessions are designed to build connection and bring our culture to life, though specific travel and participation requirements will be confirmed based on your role and location. Your recruiter will provide clear guidance at each stage of the process.

For information about our benefits, please visitย https://benefitsatfanatics.com/