Valkyrie Trading is one of the premier proprietary trading firms in Chicago. Landing a coveted junior trader role here can launch your career, but first you have to impress them in the interview process. Understanding the types of questions asked and being ready to demonstrate your trading skills is key.
In this comprehensive guide, we’ll go over everything you need to know to ace your Valkyrie Trading interview and start on the path to becoming a successful trader.
About Valkyrie Trading
Founded in 2004 Valkyrie Trading quickly became an industry leader in the competitive world of proprietary trading. They focus mainly on equity index futures like E-Mini S&P 500 and options across asset classes.
With their advanced technology infrastructure and access to major exchanges like CME Group traders at Valkyrie can execute complex strategies at lightning speeds. The firm prides itself on transparency innovation and providing traders with the tools and environment to maximize profits.
Valkyrie only hires experienced professionals or those with demonstrated potential. Getting in as a junior trader takes strong financial and mathematical skills, mental discipline quick analytical abilities and the drive to succeed in a pressurized environment.
What to Expect from the Interview Process
The Valkyrie Trading interview process aims to thoroughly assess your competencies and potential as a trader. Here are the key things to expect:
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Prescreening call – 30 min call with HR to review your resume and trading interests
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Online assessments – Math, probability, markets and personality tests done through recruit software
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Video interview – 1 hour recorded video interview with standard questions
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In-person interviews – 3 rounds over full day at Chicago office with traders and leadership
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Technical interview – Review of your market analysis and sample trades
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Reference checks – Vetting of references you provide
The process is very selective, so make sure to prepare thoroughly as you advance each round. It may take 1-2 months from initial application to final decision. Demonstrating your drive is key.
Common Valkyrie Trading Interview Questions
Understanding the types of questions asked in each interview round is critical to your success. Here are some of the most frequently asked questions with tips for crafting strong answers:
Prescreening Call
- Why are you interested in becoming a trader?
- How did you get interested in the markets?
- What financial markets experience do you have?
Online Assessments
- Math word problems
- Probability and risk calculations
- Personality assessment questions
Video Interview
- Walk me through your resume and career interests
- Why do you want to work for Valkyrie Trading specifically?
- How do you handle a losing trade?
In-Person Interview Rounds
- Tell me about your trading style and strategies
- How do you analyze risk vs. reward in potential trades?
- Describe your greatest strengths and weaknesses
- Why should we hire you over other candidates?
- Where do you see your trading career in 5 years?
Technical Interview
- Review 2-3 trades you made recently and your rationale
- How would you have traded the S&P through a specific period?
- Questions testing your market analysis abilities
Tailor your answers to showcase your trading knowledge, logical thinking, focus on risk management and passion for the markets. Use the STAR method – give real examples of Situation, Task, Action, Result when possible.
7 Tips for Acing the Valkyrie Trading Interview
Here are our top 7 tips for excelling in the Valkyrie Trading interview process and landing the junior trader job:
1. Research the firm extensively – Study their website, news articles, LinkedIn and social media channels. Know their core values, principles, and competitive advantages in the prop trading industry.
2. Brush up on technical trading skills – Review key analysis methods like chart patterns, indicators, volatility, trends. Be ready to apply them to any market.
3. Prepare trading case studies – Develop 2-3 strong trading examples that showcase your decision making process. Quantify the risk vs. reward.
4. Take practice assessments – Seek out online tests similar to Valkyrie’s math and markets assessments to sharpen your skills.
5. Perfect your answers to common questions – Write out and practice responses to likely questions verbally. Get feedback from mentors.
6. Show your passion – Emphasize your lifelong interest in markets and motivation to become an elite trader. Discuss past learnings from both wins and losses.
7. Ask thoughtful questions – Having smart questions about their training, strategies, and culture shows strong engagement.
If you prepare thoroughly and present yourself as driven, analytical and ready to succeed, your chances of landing the Valkyrie Trading opportunity greatly increase. Utilize these tips to highlight your potential value and launch your trading career!
Valkyrie TradingProprietary Trading
Based on the Interview Insights at this company, the Interview Experience is a score between 1 star (very bad) and 5 stars (very good).
The number in the middle of the doughnut pie chart is the mean of all these scores. If you move your mouse over the different parts of the doughnut, you’ll see exactly how each score was calculated.
The title percentile score is based on an adjusted score based on Bayesian Estimates that is applied to the whole Company Database. This is done to account for companies that don’t have many interview insights. The confidence in a “true score” rises as more reviews are given about a business. This causes the score to move closer to its simple average and away from the average of the whole dataset. 3. 4.
Based on the Interview Insights at this company, the Interview Difficulty is a score that goes from “very difficult” (red) to “very easy” (green).
The number in the middle of the doughnut pie chart is the mean of all these scores. The higher the number, the more difficult the interviews on average. This doughnut has different parts that, when you move your mouse over them, show you the 20% breakdown of each score given.
The title percentile score is based on an adjusted score based on Bayesian Estimates that is applied to the whole Company Database. This is done to account for companies that don’t have many interview insights. That is, as a business learns more, it becomes more sure of a “true score,” which moves it closer to its own simple average and away from the overall average of the data set. 2. 9.
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