Jump Trading Reviews | Glassdoor.ca

Jump Trading Reviews

Updated Mar 23, 2020

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4.4
82%
Recommend to a Friend
90%
Approve of CEO
Jump Trading COO Matt Schrecengost (no image)
Matt Schrecengost
43 Ratings
Pros
  • "Comfortable working environment allows you to be yourself and not worry about perceptions(in 10 reviews)

  • "Smart people - state of the art tech - all resources available to be successful(in 10 reviews)

Cons
  • "Young work environment can contribute to pressure to work very long hours but then this is standard in this industry(in 5 reviews)

  • "There are no cons - only one would be that the industry is niche and that isn't jump specific(in 4 reviews)

More Pros and Cons
  1. "Fantastic Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Team Lead 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Jump Trading full-time for more than a year

    Pros

    Very smart, talented, hard working people who don't have egos and are easy to work with. Everyone is treated with respect. The company invests heavily to keep up with and continually outpace the industry. Very forward thinking. Compensation and benefits are excellent. Good office space in Chicago.

    Cons

    It's a big company, so there is some of the inevitable big company slowness. But it isn't too bad. Not too many lunch options around the Chicago office.

    Continue reading
    Jump Trading2020-03-23
  2. Helpful (2)

    "Well run and consistently successful"

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

    I have been working at Jump Trading full-time for more than 5 years

    Pros

    - Compensation and benefits are great. - Feels more like a tech company than finance. Always interesting things going on, trying crazy new ideas and seeing what works out. Makes diverse bets in many different directions. - Chicago office is improved dramatically after 6th floor expansion and Cafe/Barista addition. - It's casual, it's not too formal or stifling. #thedailydog. Friday song. Shrec (CEO) is charismatic and knows everybody by name. - Things always seem to be getting better, not worse.

    Cons

    - Jump isn't as agile as they think they are. TONNES OF TECH DEBT. A general fear of changes taking out production trading means that getting stuff fixed or improved is often slower than it should be. Coredev somewhat dysfunctional. - Not exactly a Meritocracy. Front office trading teams take the lions share of profits, though back office are working their butts off to make sure everything can run smoothly. - Not much of a bigger picture. There appears to be no greater purpose to the work than profiting off the markets. Jump entices hundreds of incredibly smart people, who might otherwise be solving important issues in the real world, to just polish the P&L - for scientists and engineers, it's kind of an empty goal.

    Continue reading
    Jump Trading2020-03-05
  3. "Great company to work at"

    StarStarStarStarStar
    Current Employee - Quant 

    I have been working at Jump Trading full-time

    Pros

    They pay a lot for the good people

    Cons

    You have to work very hard

    Jump Trading2020-01-29
  4. Helpful (3)

    "Sweatshop"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Software Engineer in Chicago, IL
    Doesn't Recommend
    Disapproves of CEO

    I have been working at Jump Trading full-time for more than 5 years

    Pros

    Traders sometimes bring you to expensive dinner.

    Cons

    Poor work environment. Low Pay. Long hours.

    Jump Trading2020-01-07
  5. "Good place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Software Engineer in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Jump Trading full-time for more than 3 years

    Pros

    Good office with great view. Clear responsibility areas. Pay well. Interesting corporate events.

    Cons

    Carrier path is confusing. Higher management says the titles don't matter. May be it is so for them, but it ends up with random and unreasonable title assignment, which leads to unnecessary tensions (conclusion from conversions with colleagues).

    Jump Trading2019-12-02
  6. "Great workplace"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Quantitative Researcher in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Jump Trading full-time for more than a year

    Pros

    Awesome benefits, really talented coworkers, challenging learning curve (you'll be surprised how much you can learn in a few years!), and of course great pay.

    Cons

    Things can get heated up and intense sometimes :)

    Jump Trading2019-10-17
  7. "One of the best places to work"

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

    I have been working at Jump Trading full-time for more than 3 years

    Pros

    - Lots of intellectual stimulation and constant access to hard but interesting problems - Combination of analytically and quantitatively smart but humble peers - Culture is paramount and the company puts a high value to maintaining great culture - Top of the line benefits and compensation

    Cons

    - Company is growing through an inflection point and expansion - so expected kinks as it navigates through that but nothing serious

    Continue reading
    Jump Trading2019-10-14
  8. Helpful (4)

    "Excellent company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Trading Systems Engineer in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Jump Trading full-time for more than 10 years

    Pros

    Cutting edge difficult problems and the top tools. Dynamic open collaborative environment. Excellent compensation and benefits. Flat hierarchy. Great upper management

    Cons

    Cutting edge difficult problems and long hours.

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    Jump Trading2019-09-09
  9. Helpful (6)

    "Used to be a good place to work, but now there's too much politics"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Software Developer in Chicago, IL
    Neutral Outlook
    No opinion of CEO

    I worked at Jump Trading full-time

    Pros

    Decent work environment, if you can handle the whole open concept type of seating arrangements. Pay seems pretty good.

    Cons

    Too much politics. Either you're in the group of golden children or you're definitely not. Too many high-level people, yet not very good project management.

    Continue reading
    Jump Trading2019-07-16
  10. "Fantastic Place"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Algorithmic Trader in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Jump Trading full-time for more than 3 years

    Pros

    Pay cut ratio is fabulous.

    Cons

    Algo trading industry as a whole is saturating.

    Continue reading
    Jump Trading2019-04-11
Found 73 reviews