---
title: 'Program Manager at Belvedere Trading'
canonical: 'https://feeny.ai/job/program-manager-belvedere-trading-chicago-eem2kgv19nye'
type: 'job'
last_seen: '2026-09-07'
---

# Program Manager at Belvedere Trading

- **Company:** Belvedere Trading
- **Location:** Chicago, IL
- **Compensation:** $140k–$200k
- **Employment:** full-time
- **Work type:** onsite
- **Posted:** 2026-07-13
- **Last confirmed live:** 2026-09-07
- **Apply:** https://jobs.lever.co/belvederetrading/54ec434a-5df8-45e5-988e-46aa91b34daf

## Job description

Belvedere Trading is a leading proprietary trading firm. We are a team driven by intellectual curiosity, seeking answers that will change not only how we trade in this technological age, but also the future landscape of the trading industry. Our traders provide liquidity to the market through their market-making activities and are the masters of a diverse set of commodities, interest rates, exchange-traded funds (ETF), and equity index options. Traders partner with our technologists to continually engineer and optimize our trading systems to stay on top of the industry.

Belvedere Trading is looking for a proven Program Manager who excels in strategy, planning, and cross-functional communication. They will work directly with traders, software developers, quants, and stakeholders to build project requirements, milestones, resources, and timelines, ensuring the successful deployment of new products and features.  Successful candidates will have proven experience using Agile methodology and excel at managing projects that cross team departments while also exhibiting excellent problem-solving and analytical abilities. The Program Manager must be comfortable in an entrepreneurial and highly collaborative environment.

If you have a passion for technology and the financial markets, building your career as a Program Manager at Belvedere Trading could be the job you’ve been waiting for.

## What You'll Do

- Plan and execute software development projects with clear timelines and deliverables
- Engage in cost/benefit analysis to help control risk and uncertainty related to the successful completion of a project
- Monitor project KPI’s and help the team stay focused and deliver impact
- Ensure projects have defined requirements, milestones, and rollout strategy
- Communicate project expectations and updates to stakeholders
- Work with executives and handle upward communication
- Set and manage project expectations with team members and other stakeholders
- Direct project teams and manage conflicts that may arise within teams
- Report project updates and key metrics to leadership and cross-functional teams
- Adhere to the company’s software development methods (based on Agile)
- Contribute to education on best practices for project management at the firm

## What You'll Need

- 3+ years of direct work experience as a Program or Project Manager utilizing Agile methodology
- Strong experience working across teams that span multiple departments
- Excellent analytical and problem-solving skills
- Strong interpersonal and organizational skills
- Excellent presentation, written and oral communication skills
- Can adjust to shifting priorities, needs, and deadlines
- Ability to elicit cooperation from a wide variety of sources, including management, developers, and traders
- Ability to work onsite in Belvedere's Chicago headquarters full-time (5 days per traditional work week)

## About Belvedere Trading

## Company Overview
- **One-liner**: Belvedere Trading is a Chicago-based proprietary trading firm specializing in equity index and commodity derivatives, using ultramodern technology and risk management to capitalize on market inefficiencies.
- **Entity Type**: Private (proprietary trading firm, no external funding disclosed)
- **Headquarters**: Chicago, Illinois, United States (with an office in Boulder, Colorado, and a Singapore office)
- **Founded**: 2002
- **Founders**: Not publicly disclosed; key executives include Yezdaan Baber (CEO), Yury Pensky (President), Tom Hutchinson, and Richardo Forrer.

## Core Business
- **Primary industry**: Financial services – proprietary trading and market-making in exchange-traded options and derivatives.
- **Target customers**: The firm trades its own capital; it also offers customized capital backing programs for experienced traders and trading groups.
- **Mission or purpose**: To combine market experience, proprietary technology, and a relentless focus on team development to stay at the forefront of the evolving financial markets.

## Products & Services
- **Proprietary Trading & Market-Making**: Belvedere trades equity index and commodity derivatives on exchanges like the Chicago Board Options Exchange, using internally built models and software to identify and exploit pricing inefficiencies.
- **Capital Backing Programs**: Customized financial backing for experienced traders and trading groups, providing risk management, compliance, HR, recruiting, and competitive execution rates under the Belvedere umbrella.
- **Belvedere Trading University (BTU)**: An internal training program for new hires and interns, covering trading strategies, technology, and risk management.

## Market Standing
- **Valuation/Market Cap**: Not publicly available (private firm).
- **Key Metric**: Headcount of approximately 279–300 employees (as of 2025–2026), growing ~13% year-over-year.
- **Notable Investors/Partners**: None disclosed; the firm is self-funded and operates with its own capital.
- **Growth Signals**: Year-over-year headcount expansion, opening of a Singapore office, continued recruitment for experienced traders and technology roles, and low turnover with high employee referral rates.

## Competitive Advantages
- **Proprietary Technology**: All trading models and software systems are built in-house and continuously re-engineered, giving the firm a speed and efficiency edge.
- **Culture & Retention**: Low turnover and high referral rates, driven by an entrepreneurial, empowered work environment with minimal barriers to communication.
- **Risk Management**: Diligent risk, compliance, and finance management capabilities that allow quick adaptation to market changes.
- **Training Investment**: Belvedere Trading University (BTU) ensures new hires rapidly develop deep market and technical skills.

## Strategic Focus
- **Geographic Expansion**: Growing presence in Singapore and Boulder to access new talent and markets.
- **Technology Leadership**: Continued investment in software engineering, quantitative research, and data engineering to maintain a competitive edge.
- **Talent Development**: Emphasis on attracting diverse, high-caliber individuals and fostering a culture of ownership, iterative innovation, and teamwork.

## Why Work Here
- **Culture**: Casual dress code, open communication, strong work-life balance, and a small-company feel despite growth. Team members are empowered through a Culture Committee that plans social events and fringe benefits.
- **Remote/Hybrid Policy**: Not explicitly stated; roles appear to be primarily in-office (Chicago, Boulder, Singapore) with virtual interview options. Interns receive housing assistance in Chicago.
- **Notable Perks**: Comprehensive health coverage, 401(k), parental leave, wellness program, continuing education, transit benefit, relocation reimbursement, mentorship program, and regular company-wide social events. Interns receive medical coverage, housing assistance, and dedicated intern events.
- **Engineering Culture**: Software Engineers build proprietary applications; Junior Quantitative Trading Analysts rotate between trading and technology projects. Sponsorship is available for Software Engineer and Quantitative Research roles.

## Sources
1. [belvederetrading.com – About](https://www.belvederetrading.com/about)
2. [belvederetrading.com – Working at Belvedere](https://www.belvederetrading.com/working-at-belvedere)
3. [belvederetrading.com – Our Positions (Careers)](https://www.belvederetrading.com/our-positions)
4. [belvederetrading.com – What Sets Us Apart](https://www.belvederetrading.com/what-sets-us-apart)
5. [LinkedIn – Belvedere Trading, LLC](https://linkedin.com/company/teambelvedere)

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