Head of Institutional Derivatives Sales

Chicago Trading Company

Chicago, IL

JOB DETAILS
SKILLS
Artificial Intelligence (AI), Business Development, Business Skills, Customer Acquisition, Customer Relations, Customer Satisfaction, Derivatives, Financial Analysis, Leadership, Onboarding, Options Market, People Management, Regulations, Reimbursement, Revenue Growth, Risk, Risk Analysis, Risk Management, Sales, Sales Management, Securities and Exchange Commission (SEC), Series 7, Team Lead/Manager, Team Player, Trading Platforms
LOCATION
Chicago, IL
POSTED
30+ days ago

CTC is a cutting-edge proprietary trading firm with a long-term vision and a clear focus on helping the world price and manage risk. Our fun and trusting culture inspires us to solve the industrys most challenging problems and take calculated risks in a collaborative environment.

We strive to be the most innovative firm in the industry today, tomorrow, and long into the future, while upholding ethical excellence. We believe that CTC makes a positive impact on the markets, the lives of our employees, and all the communities to which we belong. Started in 1995 by a team of forward-thinking Traders, we are proud to call ourselves an industry leader that keeps making markets and each other better.

Join the CTC Execution Services team as Head of Institutional Derivatives Sales and lead the establishment of our new agency options business from the ground up. You will build and manage our institutional client base, drive revenue growth, and oversee all aspects of our agency options platform. As the founding leader of this desk, you will combine hands-on execution expertise with business development and team leadership responsibilities to establish CTC as a premier destination for institutional options trading.

What Youll Do:

  • Lead business development efforts to acquire and grow institutional client relationships, driving revenue growth through client acquisition
  • Oversee the management of complex multi-leg and high-volume listed equity and index options orders, ensuring best-in-class routing, execution, and reporting
  • Build out and manage the sales trading team
  • Advise clients on market conditions, execution strategies, and order types, leveraging deep market expertise to drive client satisfaction and trading volume
  • Direct trade operations, monitor open orders, and resolve discrepancies in coordination with middle office and clearing
  • Stay current on US options market structure and regulatory rules, partnering with Compliance to ensure all activity meets FINRA/SEC requirements
  • Manage client onboarding, trade reporting, and periodic business reviews to strengthen relationships

What Were Looking For:

  • 10 years of senior-level experience on sales desk or agency options desk with a proven institutional client track record
  • Demonstrated success in business development and client acquisition within institutional options markets
  • Advanced proficiency with trading platforms (OMS/EMS) and deep understanding of options market structure and execution protocols
  • Leadership experience developing and managing trading desk personnel
  • Strong existing relationships within the institutional options community
  • Ability to collaborate effectively across Trading, Risk, Compliance, and Operations
  • Active FINRA Series 7, 57, and 63 licenses required; Series 4 or 24 preferred

Compensation:

  • Salary Range: $200-300k plus a discretionary bonus with upside potential based on the individuals experience and skills, business development success, and firm performance.

Most Teams at CTC:

  • Most teams at CTC, with the exception of Trading, follow a hybrid workplace model, subject to change based on business need.

Our Benefits:

We strongly believe in the well-being of our employees and their families, so we offer outstanding benefits to support you both professionally and personally. These benefits include:

  • Generous medical coverage
  • Paid parental leave
  • Free breakfast and lunch, plus healthy snacks, of course
  • Wellness reimbursement
  • Quarterly recharge days
  • A variety of other benefits focused on providing the best employee experience

Disclaimer:

Interns and contractors are not eligible for benefits at CTC.

Our Commitment to Diversity, Equity, and Inclusion:

At CTC, we aim to cultivate a workplace that celebrates diversity and each person feels included, engaged, and empowered. Where each of us feels we belong. We are committed to having a diverse workforce and are proud to be an equal opportunity employer. CTC does not discriminate on the basis of:

  • Race
  • Religion
  • Color
  • National origin
  • Sex
  • Gender
  • Gender expression
  • Sexual orientation
  • Age
  • Marital status
  • Veteran status
  • Disability status

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment.

Use of Artificial Intelligence (AI):

Information submitted by job applicants may be subject to review and analysis by automated systems, including Artificial Intelligence (AI), as part of the recruitment process. Such systems are utilized to enhance the efficiency and effectiveness of our hiring procedures. Applicants are advised that any information provided may be evaluated by AI tools to ensure an equitable and thorough assessment.

About the Company

C

Chicago Trading Company