Quant jobs / DV Trading

Relative Value Trader

A trading role where an experienced relative-value trader runs their own strategy on a proprietary firm's capital. It sits on the firm's trading platform with considerable autonomy.

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

Run and size a relative value strategy across correlated products
Refine models, signals and execution to improve the strategy
Manage risk, positions and PnL directly
Use the firm's platform to scale the book
Spend the first months in Chicago integrating with the team

What they ask for

Required

1+ year on a professional relative value desk
Profitable RV track record
Strong quantitative instincts
Disciplined risk management
Self-directed ownership

Preferred

Factor models in correlated products

Education: Not stated
Experience: 1+ year trading relative value professionally, with a profitable record

How to prepare

Study pairs and spread trading and cointegration-based relative value
Learn factor models and hedge ratio estimation for correlated instruments
Practise sizing and risk limits for a spread book
Document a clear trade rationale with expected edge and risks

What to study

The Portfolio and Factor Quant roadmap sets out the stages for this kind of role, with free resources for each.

Open the roadmap

Apply

Read the full posting on DV Trading’s site before applying: requirements, location and pay can change after we check them.

View the posting on DV Trading’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with DV Trading and doesn’t handle applications.