Working at Wolverine Trading | Glassdoor

Wolverine Trading Overview

Chicago, IL
201 to 500 employees
1994
Company - Private
Investment Banking & Asset Management
$10 to $25 million (USD) per year
Founded in 1994, the Wolverine companies comprise a number of diversified financial institutions specializing in proprietary trading, asset management, order execution services, and technology solutions. We are recognized as a market leader in derivatives valuation, trading, and ... Read more

Wolverine Trading – Why Work With Us?


A QUICK OVERVIEW.

The Wolverine companies comprise a number of diversified financial institutions specializing in proprietary trading, asset management, order execution services, and technology solutions. We are recognized as a market leader in derivatives valuation, trading, and value-added order execution across global equity, options, and futures markets. With a focus on innovation, achievement, and integrity, we take pride in serving the interests of both our clients and colleagues.


WOLVERINE TRADING

Established in 1994, our proprietary trading group, Wolverine Trading, LLC, engages in market making and valuation arbitrage across global markets.

As a market maker, we provide continuous bid and offer quotations on a broad range of listed securities and derivatives, including: equities and equity options; equity indexes and equity index options; futures and options on futures; Exchange Traded Funds (ETFs) and ETF options; and cash bonds. Our quotes add liquidity and transparency to the markets. Wolverine is a leading liquidity provider in global exchange-listed equity derivatives.


     

 WOLVERINE EXECUTION SERVICES (WEX)

WEX is an independent broker-dealer specializing   in the execution of equities, options, and futures   for institutional investors. WEX offers clients a   proprietary trading platform, algorithms, direct   floor access, and an agency brokerage desk.  Leveraging expertise in trading technology and   risk management, WEX provides clients with   anonymity, superior execution1, and order   management, delivering innovative solutions for   both technical and institutional trading styles.


WOLVERINE ASSET MANAGEMENT (WAM)

Wolverine Asset Management (WAM) is an alternative asset management firm that seeks to generate excess returns for its investors by investing in the equity, credit, commodity, and volatility asset classes. Strategies traded include capital structure arbitrage, volatility, event-driven, RV equity, and NAV arbitrage.



 WOLVERINE SECURITIES

 Wolverine Securities is a broker-dealer and a member of FINRA and Nasdaq. The firm is an  equity market maker.






360 TECHNOLOGY CENTER SOLUTIONS (360TCS)

360TCS provides mission-critical co-location and disaster recovery services in our Lombard, IL data center. The facility features an energy efficient, fully redundant design utilizing the latest advances in available technology to ensure 100% availability.


NO SUITS REQUIRED.

It's not about the clothes... it's about the person in them. At Wolverine, we've created a strong, collaborative environment with exceptional growth opportunities. Whether your interest is trading, technology, or operations, motivated and innovative individuals can find many pathways to success. Our flat organizational structure promotes teamwork across the Firm and offers easy access to senior staff (don't worry, they won't be wearing a suit either).

ACHIEVING MORE BY WORKING TOGETHER.

While we work exceptionally well as a team in the office, our bonds are further strengthened through company events and activities. 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.

WOLVERINES WANTED.

At Wolverine, we've assembled a tight-knit group of humble but ambitious professionals who take pride in expertly joining technology with the financial markets. We're constantly growing and looking for the right individuals to join our team and assist in keeping Wolverine at the forefront of the financial services industry.

PERKS OF BEING A WOLVERINE

The opportunities are endless for motivated and innovative individuals. Our flat organizational structure promotes teamwork across the Firm and offers easy access to senior staff.

THE BASICS

  • Highly competitive salary
  • Medical, Dental, Vision, and Life insurance
  • Long and short-term disability
  • Retirement plans: 401k and Roth 401k
  • Profit sharing plan
  • Generous vacation days

ABOVE & BEYOND

  • Casual dress
  • Free, chef staffed kitchen
  • Teambuilding activities
  • Monthly social events
  • Company subsidized gym in building


WOLVERINE INTERNSHIPS

Every fall and spring semester, Wolverine recruiters will be out on campuses across the country meeting potential internship candidates. When we are on campus, be sure to stop by the career fair, introduce yourself to us, and drop off a resume. You will have the opportunity to speak with one of the Wolverines about the internship program and to get a better understanding of the company in general.

Wolverine's internships run every summer from May to August. Housing in Downtown Chicago is provided, as well as free daily breakfast and lunch, membership to an on-site gym, unlimited monthly transit card, team and firmwide teambuilding events, among many other great perks!

SOFTWARE ENGINEER INTERNSHIP

Wolverine's internship program for Software Engineers offers qualified candidates the unique opportunity to experience the full development lifecycle while building custom trading applications for a leader in the industry. You will work with a team of top technology professionals, including senior partners and traders, to design and maintain software. Our summer interns are often considered for full-time Software Engineers positions. Afraid you won't be a fit because you don't know about the trading industry? No worries. The Software Engineer internship includes a robust educational component, allowing you to learn the basics of the trading industry from our full-time Education Department.

QUANTITATIVE TRADER INTERNSHIP

Wolverine's internship program for Quantitative Traders provides qualified candidates with a specialized approach to learning about the financial markets from seasoned and experienced trading professionals. Founded in 1994, Wolverine Trading engages in market-making and arbitrage across global markets. Continuously growing and stable, Wolverine values its summer trading internship program as a primary source for full-time quantitative traders. Quantitative Trader interns can use their quant skills and can expect to gain an in-depth knowledge of the markets, taught by our always-evolving Education team.

DATA SCIENCE INTERNSHIP

Wolverine’s data systems capture billions of messages and stream the equivalent of the Library of Congress’ raw text data – every day. The Data Science team at Wolverine uses this data to model trading decisions, build analysis packages, and write reporting frameworks, informing business strategy and investment decision-making. Data Science interns work directly with our analyst team. They gain knowledge of equities, futures and options trading, and work with a modern full technology stack involving python, distributed computations, relational databases, and ML and statistics tools.

INTERVIEW PROCESS: IT'S AS EASY AS...

Step One


Meet Wolverine on Campus:
Check out our campus schedule and make sure you swing by our booth at your University's career fair. We will chat with you and request a copy of your resume. Don't see your school on the schedule? No problem! Apply to the Software, Quantitative Trader, or Data Science Internship positions posted on our website.

Step Two


On Campus interview or Phone Screen: In most instances, we are on campus the day after the career fair conducting interviews. We'll schedule your interview when we meet you for the first time. If you can't make the interviews or we aren't on your campus, we will set up a phone screen. In both cases, you will be asked some technical questions as well as to provide an overview of academic and work history. This is a chance for you to come prepared with questions to ask your interviewer and gain as much knowledge as you can about Wolverine, the type of work we do, and what your potential role with us would entail.

Step Three


Come to Chicago for an Interview: Time to head to Downtown Chicago to interview with the Wolverine team! Your day will consist of meeting various members of the Wolverine team, as well as several technical and informational interviews. We'll also give you a chance to relax, dine in the Wolverine Kitchen, and take a tour around the office. The Wolverine Recruiting team strives to make the interview process as seamless as possible, so they will help coordinate your travel and lodging during the interview and get back to you with the company's employment decision as soon as possible. If you ever have a question during this process, be sure to reach out to the team!

Wolverine Trading Reviews

  • Helpful (1)

    "Great Firm!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Electronic Options Trader in Phoenix, AZ
    Former Employee - Electronic Options Trader in Phoenix, AZ
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Wolverine Trading full-time (More than 5 years)

    Pros

    Meritocracy for the most part. I was able to interact with Partners on a daily basis and as a result gained great insight on not only the trading but also on how to operate a trading firm and business sector as a whole

    Cons

    Personal Biases shown by top management

    Advice to Management

    Be more objective!

See All 49 Reviews

Wolverine Trading Photos

Wolverine Trading photo of: Wolverine Trading Lobby
Wolverine Trading photo of: Annual Wolverine Volleyball Tournament
Wolverine Trading photo of: WAM Lobby
Wolverine Trading photo of: WAM Boardroom
Wolverine Trading photo of: Collaborative work environment
Wolverine Trading photo of: Dedicated education department
See All PhotosSee All

Wolverine Trading Interviews

Experience

Experience
61%
18%
21%

Getting an Interview

Getting an Interview
58%
29%
6%
5
2

Difficulty

3.2
Average

Difficulty

Hard
Average
Easy
  1.  

    Trader Interview

    Anonymous Interview Candidate
    Declined Offer
    Positive Experience
    Average Interview

    Interview

    Fairly straightforward interview, mix of fit and technical questions. Technical questions had a mix of mental math and expected value questions. Fit questions focused on personality and teamwork / communication skills.

    Interview Questions

See All 78 Interviews

Wolverine Trading Awards & Accolades

  • Best broker-dealer options, Wall Street Letter Institutional Trading Awards, 2015
  • Best Smart Order Routing Product/Tool, Waters Sell Side Technology Awards, 2015

Work at Wolverine Trading? Share Your Experiences

Wolverine Trading
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or