Belvedere Trading Reviews | Glassdoor

Belvedere Trading Reviews

Updated May 29, 2017
26 reviews

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4.1
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Thomas Hutchinson
9 Ratings

26 Employee Reviews

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  1. "Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Belvedere Trading full-time

    Pros

    intelligent employees, autonomy, opportunity, fun

    Cons

    many things are handled at the 11th hour


  2. "Good place to work."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Belvedere Trading full-time (More than 3 years)

    Pros

    Hours aren't bad at all. Very flat firm, so you are able to make an impact if you so desire.

    Cons

    Very laid back culture, so everyone doesn't work as hard as they could. Pay is very formulaic, and doesn't vary enough between top and bottom performers on the tech side.

    Advice to Management

    Be ok with delegating more responsibility. The people at the top can't make all the decisions around implementation. I think we'd be better off as a firm if you could spend more time strategizing about the future, hammering home that vision to everyone, and putting the right people in the right places to make that happen.

  3. "Great Foundation"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Derivatives Trader in Chicago, IL
    Current Employee - Derivatives Trader in Chicago, IL
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Belvedere Trading full-time (More than 5 years)

    Pros

    Great team environment that allows for traders of all seniorities work alongside one another with one common goal. Very thorough training program that is second to none and provides a solid foundation of skills.

    Cons

    Total compensations are capped and there are set "ranges" where you will be paid. You do not get a piece of the desk's PNL until you are more of a senior trader (4-5+ years) even if you make a large impact and have only been there for a few years.

    Advice to Management

    Focus on one goal at a time. It seems that there are sometimes a lot of jumbled ideas that struggle to keep attention.


  4. "Belvedere rewards its employees"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Belvedere Trading full-time (More than a year)

    Pros

    The company is serious about compensating performers, without the need for meaningless job titles or phantom promotions. There is a reason people choose this industry and Belvedere doesn't shy away from that. Belvedere largely hires well, and people are passionate and engaged.

    Cons

    The culture is great for those that can adapt to it, but the expectations, the frequent feedback, and the pace are not for everybody. The office itself is due for an overhaul.

    Advice to Management

    Continue to keep employees in engaged in future plans and ideas for growth.


  5. "Relaxed culture, great benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Engineer
    Current Employee - Senior Software Engineer
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Belvedere Trading full-time (More than 3 years)

    Pros

    Working at Belvedere is awesome if you're a hard-working individual looking to make solid contributions to a company on the forefront of technical innovation. Between the lax time-off policy, flat structure, and encouraged innovation, it's hard to think of a much better work environment.

    Cons

    I'm not sure I'd call it a downside personally, but Belvedere expects a very high level of performance out of each employee. If you're not passionate about what you do, or you're looking for a job where you can put in the minimum and collect a check, Belvedere is not it.

    Advice to Management

    Keep doing what you're doing. Make sure that the highest performers continue to be challenged and compensate them appropriately, and the firm will continue to do well.


  6. "Challenging, but incredibly fun place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineer in Chicago, IL
    Current Employee - Software Engineer in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Flat structure, challenging, yet fun work environment. Unlimited time off policy as long as you are getting your work done. They value good ideas and critical thinking skills over how many hours you spend in the office. Excellent education and training program. Frequent and comprehensive review process. Get to work with cutting edge technology in a very fast-paced work environment. Senior management is very accessible and relatable.

    Cons

    It's a very fast paced work environment so if you aren't constantly learning new things, you will fall behind. It's also a very social work atmosphere, if you don't enjoy talking and working with other people throughout the day and going out with coworkers after work, you may feel like you don't fit in that well. It's a smaller company, so there are less opportunities to move laterally to another role or another location than with a larger corporation, though management is very open to requests to shift your job role

    Advice to Management

    Keep fostering the unique, fun company culture. It promotes unity amongst employees and makes employees want to contribute more to the overall success of the company


  7. Helpful (2)

    "Project Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager in Chicago, IL
    Current Employee - Project Manager in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Belvedere Trading full-time (More than 3 years)

    Pros

    Very focused on meritocracy. If you generate your own ideas and perform you are rewarded. There are many places to grow and opportunities to take if you excel.

    Cons

    The autonomy can be a double edged sword, as at times you do not get the feedback necessary in a timely manner.

  8. "Being appreciative of your job: there are so many things to cherrish"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineer
    Current Employee - Software Engineer
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    A few of numerous things that I love about working at BT include: working with smart people, working in a workplace that consistently challenges its employees. Management is receptive to the desires of its employees (if you want to work on a different project, they will listen to your requests seriously). This is a very rare, and selfless attitude that I, and many others, have realized. The hours are very reasonable, but if you do put in more time or participate in extracurriculars, your effort does not go unnoticed. A very fun workplace as well. I know I will definitely not take working for BT for granted.

    Cons

    Sometimes the trading hours will require someone to log on at an off hour to handle high priority issues. It is the nature of the industry.


  9. "Good place to start a career"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Casual, fun work environment
    Great people
    Rotational programs help you get experience to different aspects of the job
    Belvedere is a smaller company, and comes with all the usual pros

    Training programs are also great.

    Cons

    Options trading is hard and requires a lot of on the job training. BT is good at training, but you have to be willing to learn.

    Advice to Management

    Keep investing in the training programs and make sure people have continual opportunities to learn.


  10. "PM/BA"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Belvedere Trading full-time

    Pros

    Belvedere has a great work culture, attractive compensation package, flexible work schedule and finally great location!!!

    Cons

    Needs to improve on designing a clearer career path for each position


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