PEAK6

PEAK6 is not your typical investment firm.

Hybrid

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Trading Associate

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About the Role:
PEAK6 was brought to life by an insatiable curiosity, an entrepreneurial spirit and a desire to win. With over a 20-year track record of success, PEAK6 offers incredible opportunities for smart, passionate team players to solve complex problems and take calculated risks. As a Trading Associate at PEAK6, we'll give you the training and the tools to put your best ideas into the market. You'll collaborate with incredibly smart people who love what they do to solve for the ever-changing and exciting challenges of the financial markets. Plus, you'll never be bored, because no two days in the market are the same.
No experience or previous knowledge of financial markets? No problem. We will teach you everything you need to know during our comprehensive training program. Our training program consists of 4 phases: basic training, basic trading, long-term rotations, and managing individual portfolios. Throughout each of these phases, we layer on multiple opportunities for you to take the lead on projects with your own unique ownership and responsibility. We believe in holistic training, and include a serious focus on personal development to supplement our core options training.
What you can expect from our Trading Associate program:
Basic Training

First 2 months
Pass the Series 57 licensing exam within two months of your hire date and immediately start trading with firm capital
Learn market mechanics and option theory through classroom sessions and group discussions

Basic Trading

Months 2-10
Trade in a group environment, practicing both the art and science of trading
Master the use of all of PEAK6's proprietary tools and technology

Long-term Rotations

Months 10-14
Communicate, learn from, and articulate your ideas and strategies to senior trading partners
Develop new, cutting-edge tools in collaboration with trading teams

Individual Portfolios

Months 14-18
Manage a portfolio and its risks
Test and analyze your own trading strategies in the market

What you need to have:

Bachelor's or Master's degree graduating between December 2021 and June 2022
Availability for an August 2022 start date
Excellent quantitative and problem-solving skills
Strong communication skills and the ability to work effectively in teams
Curiosity about financial markets; however previous knowledge or experience is not required

* Due to the unprecedented situation of COVID-19, PEAK6 has decided to protect our current and future employees by managing our business remotely. This is inclusive of interviewing, onboarding and each role day-to-day. Please consider that our roles will not be remote long-term and will return to a hybrid office setting once we're safe to do so following the guidance of local health authorities and the CDC.
PEAK6 currently requires all employees as a condition of employment to either be fully vaccinated for COVID-19 or submit to regular testing. The CDC defines "fully vaccinated" as two weeks after the second dose for Pfizer and Moderna, and two weeks after the single dose of Johnson & Johnson. PEAK6 will also require proof of vaccination and/or testing. PEAK6 will also consider requests for exemption from these requirements as a reasonable accommodation for medical reasons or sincerely held religious beliefs.

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Jennifer Saechao

Administrative Assistant

Bridging the Divide

Advancing Visibility and Fostering Dialogue

“Having a diverse team allows for healthy dialogue,” Saechao told Built In. “Our different backgrounds and life experiences result in a wide range of strengths, weaknesses, skills and abilities.” Celebrating diversity through employee resource groups, such as PEAK6 Asian Community Engagement, advances visibility for underrepresented groups across PEAK6’s Chicago headquarters and office locations — while also offering opportunities for leadership development and growth for ERG leaders like Saechao. “Leading our ERG events provides a safe space and time to build connections with our peers,” she said.

A diverse team leads to better outcomes by introducing new perspectives and ideas, increasing creativity and empowering innovation.

Milt Castro

Associate General Counsel, Labor & Employment

Building Culture

A Team in Perpetual Motion

There’s never a dull moment in PEAK6’s office. From the annual “biggest spectacle of a work party” — which last year featured a Bruno Mars concert — to Castro’s own tradition of bringing homemade cookies to the office once a week, PEAK6’s culture is full of moments large and small that help create a sense of community across the team. That encouragement to celebrate and innovate reflects the company’s opportunities to grow. “There really are plenty of ways to have an impact on culture and make the PEAK6 workplace the kind that you want,” he said. “We are perpetually in motion.”

This is a community of innovative people who regularly come up with new ideas — and then improve, refine and activate them.

Patrick Cummings

VP, Technology Experience

Industry Innovation

Delivering Excellence Daily

As the leader of PEAK6 Technology Advisory Group, Cummings is focused on making sure the company’s IT investments allow the enterprise to make sound decisions. “We ensure that our services are aimed at increasing functionality and value instead of just fixing problems,” Cummings told Built In. “This means each and every day is dynamic.” Cummings’ diverse team of designers, developers, analysts and security professionals drives the vision for a strong IT foundation through sound practices and repeatable controls. “We provide insight with data to move the business forward,” he said.

We want to make sure we are right in our decisions now and not learning how to escape from them later.

What are PEAK6 Perks + Benefits

PEAK6 Benefits Overview

At PEAK6, you’ll find flexibility with our work-life balance, collaborative spirit, and the ability to cater to your strengths while having opportunities to cultivate new ones.

At PEAK6 we’ve created a company that not only does great work, it’s also a great place to work. PEAK6 employees enjoy the generous health, vision, and dental insurance plans and matching 401(k) programs you’d expect from a company consistently rated one of “Chicago’s Best and Brightest Employers.” And, then some.

We offer a formalized mentorship program for entry-level trading associates and software engineers, as well as several internships and bootcamps for college students. We make diversity, equality, and inclusion a focus and have invested in a vibrant philanthropy program to support the communities where our people live and work.

Culture

Partners with nonprofits

PEAK6 offers coordinated volunteer and philanthropic opportunities throughout the year including, Go Red For Women, Socktober, Filling in the Blanks Backpack Drive, Matching Gifts, and Holiday Giving.

Open door policy

OKR operational model

Team based strategic planning

Pair programming

Open office floor plan

Flexible work schedule

Diversity

Dedicated diversity and inclusion staff

Mandated unconscious bias training

Diversity manifesto

Diversity employee resource groups

POWHER seeks to amplifying women’s voices through the knowledge of money.  BRIDGE, Black Resourceful Individuals Dissolving Gaps Everywhere

Health Insurance & Wellness Benefits

Flexible Spending Account (FSA)

We offer generous medical, vision & dental plans, including Preferred Provider Organization (PPO) and Health Savings Account (HSA) options.

Disability insurance

Dental insurance

Vision insurance

Health insurance

Life insurance

Wellness programs

We offer annual wellness screens and flu shots at no additional cost to employees.

Mental health benefits

Offering Ginger, emotional well-being, and mental health apps to employees and their dependents ages 18 and older. GuidanceResources, is an employee assistance program to help with life's challenges.

Financial & Retirement

401(K)

401(K) matching

Performance bonus

Charitable contribution matching

PEAK6 offers a Matching Gift Program to encourage employees to become active in the support of non-profit organizations and to have a voice in determining the recipients of charitable contributions.

Child Care & Parental Leave Benefits

Family medical leave

PEAK6 offers up to 12 weeks of unpaid, job-protected leave per year, as well as maintained health benefits, for any employee eligible under the Family and Medical Leave Act (FMLA).

Adoption Assistance

PEAK6's adoption assistance program provides employees with reimbursement for up to $5,000 (per child) of adoption expenses.

Vacation & Time Off Benefits

Generous PTO

PEAK6's vacation policy includes three weeks of PTO, plus 5 personal days. Employees with 5 years of service accrue four weeks of PTO, plus 5 personal days.

Sabbatical

Employees with 10+ years of service can apply to take an 8-week Sabbatical, as well as adding up to 4 weeks of accrued PTO.

Paid holidays

Whenever the U.S. financial markets are closed, PEAK6 is closed.

Office Perks

Commuter benefits

PEAK6 offers pre-tax commuter benefits for all employees through WageWorks, as well as a Zipcar discount.

Company-sponsored outings

PEAK6 has themed social events throughout the year as well as a popular annual company party known for featuring surprise, high-profile stars like Imagine Dragons, The Chainsmokers, and Keith Urban

Free daily meals

For three Fridays a month, employees enjoy noshing on bagels. For the remaining Friday, employees are treated to a free "Expiration Date" lunch.

Free snacks and drinks

PEAK6 has a fully-stocked kitchen that includes a cereal bar, coffee bar, a variety of healthy food choices and drinks, as well as an abundance of snacks to put a rumbling stomach to rest.

Some meals provided

Company-sponsored happy hours

The Culture Club at PEAK6 works to host themed social events throughout the year.

Onsite office parking

Recreational clubs

We sponsor various teams based on employee interest, such as: table tennis, beach volleyball, soccer, kickball, flag football, dodgeball, and whirlyball.

Relocation assistance

We offer relocation assistance plans for new employees and their families.

Fitness stipend

PEAK6 offers free yoga classes to Chicago employees at Bottom Line Yoga, which are currently conducted via Zoom.

Onsite gym

Employees have access to the FFC-affiliated gym located in the Board of Trade at a discounted rate and free access to yoga classes at Bottom Line Yoga.

Professional Development Benefits

Job training & conferences

PEAK6 is firmly committed to learning and development as a way to grow and develop employees.

Tuition reimbursement

At the discretion of management and after completing one full-year of employment, we reimburse up to $8,000 per employee each calendar year for certifications and other educational programs or degree.

Promote from within

Mentorship program

Continuing education stipend

Additional Perks + Benefits

We have a dedicated team of employees who volunteer to be a part of our Culture Club. This group works to connect employees through delightful experiences while making a positive impact on PEAK6 life. The Culture Club plans many social and philanthropic employee events throughout the year.

We host bi-annual Hackathons as a collaboration of our technology, trading, support and analytics teams to develop, build, and present new ideas to the firm. The teams are free to explore solutions to problems in and outside of the day-to-day work. Winning Hackathon solutions are frequently deployed and tested in the firm.
Additional perks include:
-Matching gift up to $1000/employee/year
-Free semi-monthly massage day
-Free monthly manicures, pedicures, and mens clip and clean
-Free onsite/Zoom yoga
-Discounts: Lasik eye surgery, Zipcar, Dell computers, local hotels

View full list of perks + benefits

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