Jump Trading Reviews

Updated 4 Aug 2020

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4.4
86%
Recommend to a Friend
92%
Approve of CEO
Jump Trading COO Matt Schrecengost (no image)
Matt Schrecengost
45 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. "Challenging place to work"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Jump Trading full-time for more than 3 years

    Pros

    The work is challenging but rewarding

    Cons

    Company became very political, with poor mid-management.

  2. Helpful (1)

    "A highly respected organization and brand"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Chicago, IL
    Recommends
    Neutral Outlook
    No Opinion of CEO

    I worked at Jump Trading full-time for more than 8 years

    Pros

    - The firm's brand commands tremendous respect amongst competitors, brokers,exchanges and regulators. High standards in business conduct globally and always looks to set a higher bar. - When mistakes happen, culture is less of blaming and more of a "lets understand what happened and make sure it doesn't happen again". - Big spenders on technology investments - Quantitative powerhouse in Futures - Excellent pay - Good regular communication from leadership to the entire global organization about what's happening - Incredible investment in college recruiting and training programs. - Hyper competitive drive to be #1 in the HFT industry.

    Cons

    - Has grown so much that making an impact is difficult. With the pie not growing as much, everyone's fighting for a larger piece of the pie, driving a political culture. - Weak in Equity Options and Equities (compared to Futures) - Questionable performance review methodologies. - So much back office "fat". Too many random roles and too little accountability. - Zero diversity in management.


  3. "Great company"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Best technology stack in the world

    Cons

    Getting too big and leading to politics

  4. "Quant"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Singapore
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Jump Trading full-time for more than 8 years

    Pros

    Great company with great minded people, awesome corporate culture with down to earth leaders.

    Cons

    There is not much structure which is great for people who wants to explore their creativity.

  5. "Fantastic Company"

    5.0
    • 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
  6. Helpful (4)

    "Well run and consistently successful"

    5.0
    • 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
  7. "Great company to work at"

    5.0
    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

  8. Helpful (1)

    "Good place to work"

    5.0
    • 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).

  9. Helpful (4)

    "Sweatshop"

    1.0
    • 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.

  10. "Great workplace"

    5.0
    • 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 :)

Found 77 reviews