Chicago, IL

Market Data Systems Team Lead (Chicago, IL)

| Chicago
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DRW is a technology-driven, diversified principal trading firm. We trade our own capital at our own risk, across a broad range of asset classes, instruments and strategies, in financial markets around the world. As the markets have evolved over the past 25 years, so has DRW – maximizing opportunities to include real estate, cryptoassets and venture capital. With over 1000 employees at our Chicago headquarters and offices around the world, we work together to solve complex problems, challenge consensus and deliver meaningful results. It’s a place of high expectations, deep curiosity and thoughtful collaboration.

DRW Holdings seeks a high-performing, driven, and dedicated individual to join and lead a team focusing on managing and provisioning external financial data (including all market and reference data). The team's responsibilities cover the entire data workflow, including design, delivery, and operational support for various data services and delivery mechanisms, going from real-time streaming to file-based delivery.

The position also requires strong content insight, and knowledge of key providers of data services. The team is responsible for proactive interaction with end-users, so strong communication and problem management capabilities are critical.


  • Leadership and daily management of a market data systems team.
  • Provide subject matter expertise across all areas of external real-time data delivery.
  • Strategic guidance and operational support to the CTO and management team across market data delivery workflow.
  • Ensure the market data delivery infrastructure (Bloomberg, Activ Financial, OneTick, Refinitiv, direct feeds, etc.) are fully operational and reliable.
  • Act as a subject matter expert for all API inquiries associated with market data delivery.
  • Monitoring of the systems for market data utilization and proactive capacity planning.
  • Act as a subject matter expert with a deep understanding of all market data services, characteristics, and value across all asset classes, segments, and service appearances.
  • Serve as a liaison with portfolio managers/trading groups/middle office/technology teams and provide direct support for their data needs.
  • Management, implementation, and enforcement of entitlements solutions and approaches.
  • Liaise with vendors on data and technical issues as needed and deliver rapid and successful issue resolution.
  • Lead the team to ensure reliable platform/delivery and accuracy of real-time market data.
  • Manage centralized firmwide general purpose market data time series database and compute platform
  • Manage small team of internal consultants/liaisons to assist trading teams with optimizing usage of real-time market data systems and historical time series analytics services


  • Excellent knowledge of all financial data (market, reference, alternative, index services. etc.).
  • Strong communication, interpersonal, and relationship management skills.
  • Deep understanding and hands-on experience with market data workflow, including delivery, provisioning, and consumption.
  • Ability to convert business requirements into specifications and deliver upon.
  • Ability to work independently and/or within a team as needed. Actively participate in team activities and team planning to improve team skills and quality of work.
  • Ability to establish and maintain lasting working relationships with other delivery teams and broader technology organizations, ensuring that the function is operating within the professional remit and focuses on delivery.
  • Ability to provide data analysis to ensure data quality by utilizing various tools and technologies.
  • Prior experiencing managing centralized real-time market data platforms and historical time series analytics database and services
  • Commercial acumen of contractual aspects associated with the external data.


  • Excellent knowledge of the securities industry across all asset classes.
  • Strong problem-solving and analytical skills with the ability to communicate and share solutions with fellow team members.
  • Technical skills associated with operational management of all external data ingestion systems.
  • Comprehensive knowledge of APIs (C++, Java, C#, Python, etc.).
  • Excellent attention to detail and organizational skills as well as strong time and project management skills.

For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice.

California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.


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Where we are

Situated in Chicago's thriving West Loop, our HQ is convenient for Metra and CTA riders alike - and foodies looking for a bite on "Restaurant Row."

Technology we use

  • Engineering
    • .NETLanguages
    • C#Languages
    • C++Languages
    • GolangLanguages
    • JavaLanguages
    • JavascriptLanguages
    • PerlLanguages
    • PythonLanguages
    • RubyLanguages
    • ClojureLanguages
    • ElixirLanguages
    • RustLanguages
    • D3JSLibraries
    • jQuery UILibraries
    • ReactLibraries
    • ReduxLibraries
    • Twitter BootstrapLibraries
    • ASP.NETFrameworks
    • Node.jsFrameworks
    • Ruby on RailsFrameworks
    • PhoenixFrameworks
    • RiakDatabases

What are DRW Perks + Benefits

Volunteer in local community
Partners with Nonprofits
Friends outside of work
Eat lunch together
Intracompany committees
Daily sync
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Pair programming
Open office floor plan
Unconscious bias training
Diversity Employee Resource Groups
Hiring Practices that Promote Diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Wellness Programs
Onsite Gym
Team workouts
Mental Health Benefits
Retirement & Stock Options Benefits
401(K) Matching
Performance Bonus
Match charitable contributions
Child Care & Parental Leave Benefits
Child Care Benefits
Generous Parental Leave
Flexible Work Schedule
Remote Work Program
Our remote work program includes work from home remotely on occasion as needed.
Family Medical Leave
Adoption Assistance
Company sponsored family events
Vacation & Time Off Benefits
Generous PTO
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Free Daily Meals
Game Room
Stocked Kitchen
Some Meals Provided
Happy Hours
Recreational Clubs
Relocation Assistance
Fitness Subsidies
Home Office Stipend for Remote Employees
Professional Development Benefits
Job Training & Conferences
Tuition Reimbursement
Lunch and learns
DRW hosts lunch and learn meetings once per month.
Cross functional training encouraged
Promote from within
Mentorship program
Time allotted for learning
Online course subscriptions available
Customized development tracks
Paid industry certifications

Additional Perks + Benefits

Daily catered breakfast and lunch. On-site yoga and meditation classes. Trivia nights. Chair massages. Wine, beer, and whiskey tastings. Mentorship program. Game tournaments. Speaker series and "Geek Lunches."

An Insider's view of DRW

How does your team reward individual success?

Our team acknowledges individual success and provides an environment to further new ideas. The team then ensures higher management is aware of your contribution. These accomplishments become part of the individual’s and team’s record at the end of the year. This approach I believe has led to a lot of innovations on my team.


Network Engineer

What kinds of technical challenges do you and your team face?

During my internship in Chicago, I built models in python, ones that are still used on that desk today. The next summer, I returned as a full-time trading analyst and picked up right where I left off. I focus on systematic research and the development and execution of new strategies for the foreign exchange (FX) options desk in Chicago.


Quantitative Trading Researcher

What are some things you learned at the company?

We’re free to choose the technology stack that best solves each individual problem, so the learning happens project to project. I started programming in C#, but changing teams exposed me to a new suite of languages that I’m now working in regularly


Software Engineer

How do your team's ideas influence the company's direction?

Working on the risk team, I combine the principles of risk management and computer science. I help direct how we take risk across the organization, and ensure reliability with the use of really innovative tech.


Software Engineer

What are some social events your company does?

DRW is not all work, all the time. We offer a number of activities and events for all interests, like monthly wine tastings, sports leagues, hobby clubs and movie outings to name a few.


Systems Team Lead

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