DRW
Chicago, IL

Software Engineer, Risk

| 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 1,000 employees at our Chicago headquarters and offices around the world, we work together to solve complex problems, challenge consensus and deliver meaningful results. It is a place of high expectations, deep curiosity and thoughtful collaboration. 

DRW’s Risk Management team acts as an independent check on our trading desks. Each risk manager is responsible for working with a set of trading desks to parameterize their specific risks in terms of VaR, DV01, factor models, and option sensitivities. Within Risk Management, the Risk Development and Operations team is responsible for building and supporting the applications to measure and monitor risk in accordance to specified parameters. Consequently, the RDO team has operational responsibility for implementing and automating controls to administer and govern trading desks’ adherence to risk parameters.

We are looking for an outstanding Software Engineer with diverse skills to join our Risk Development and Operations team to develop and maintain applications and tools used to administer and govern trading desks’ adherence to risk parameters and limits. While previous experience working the in the trading/finance industry is beneficial, we're looking for talented software engineers, not specific industry experience.

Responsibilities:

  • Hands-on development, design, and testing of proprietary applications
  • Working on legacy code as well as green field development
  • Provide on-call support as needed
  • Collaborate with various software, IT, and trading support teams
  • Code in multiple languages and across multiple platforms

Qualifications:

  • Capable of collaborating on ETL processes and consuming their results in batch and real-time
  • Professional experience with distributed systems
  • Proficient in distributed version control systems
  • Practiced in imperative, object oriented, and functional languages

Familiarity with:

  • More than one of the following languages: Elixir, Elm, Erlang, Haskell, Scala, Julia, Clojure
  • More than one of the following languages: Ruby, JavaScript, Python
  • At least of one of the following languages: C, C++, C#
  • PostgreSQL, the database and the query language
  • Data structures and design/analysis of algorithms
  • Analysis of concurrency and parallelism for speed/space performance tradeoffs
  • Exchange traded financial assets, statistics, or financial engineering
  • Front-end frameworks such as React, Ember, and Angular 2

Personal traits:

  • Strong initiative and a proven track record of independently driving projects to completion
  • Takes an active interest in software craftsmanship with a desire to learn and explore programming languages that are new to them
  • Excellent problem-solving and debugging skills
  • Strong attention to detail

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
    • D3JSLibraries
    • jQuery UILibraries
    • ReactLibraries
    • ReduxLibraries
    • Twitter BootstrapLibraries
    • ASP.NETFrameworks
    • Node.jsFrameworks
    • Ruby on RailsFrameworks
    • PhoenixFrameworks
    • Microsoft SQL ServerDatabases
    • MongoDBDatabases
    • OracleDatabases
    • PostgreSQLDatabases
    • RedisDatabases
    • RiakDatabases
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What are DRW Perks + Benefits

Culture
Volunteer in local community
Partners with Nonprofits
Friends outside of work
Eat lunch together
Intracompany committees
Open door policy
Group brainstorming sessions
Pair programming
Open office floor plan
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
Retirement & Stock Options Benefits
401(K)
401(K) Matching
Performance Bonus
Child Care & Parental Leave Benefits
Child Care Benefits
Generous Parental Leave
Flexible Work Schedule
Family Medical Leave
Adoption Assistance
Vacation & Time Off Benefits
Generous PTO
Paid Volunteer Time
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
Parking
We offer employees Paid on-site garage parking.
Recreational Clubs
Relocation Assistance
Fitness Subsidies
Professional Development Benefits
Job Training & Conferences
Tuition Reimbursement
Lunch and learns
Acme Co. hosts lunch and learn meetings once per month.
Promote from within
Mentorship program
Our mentorship program includes Cross-department program, Career mentoring, Leadership mentoring.
Online course subscriptions available
Customized development tracks

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.

Kumbi

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.

Alex

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

Carissa

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.

Brawnski

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.

Michelle

Systems Team Lead

Jobs at DRW
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Site Reliability Engineer (SRE), Trading Infrastructure

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At the center of DRW real-time operations the Trading Infrastructure is a team responsible for the firm’s trade and instrument reporting systems. The Trading Infrastructure empowers the front, middle, and back offices with the tools and resources necessary to seamlessly integrate into trade operations, risk management, and reconciliation processes. The Trading Infrastructure team is looking for DevOps Engineers who can support its own software development teams with industry leading processes and tools to deploy faster and more reliably as well as seamlessly integrate with other IT systems and processes.

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We are currently seeking a Lead/Senior FPGA Engineer to join one of our trading teams. While DRW has been leveraging FPGA technology for a number of years, you will have the opportunity to build an FPGA application from scratch for an existing team. We’re seeking a candidate that has a strong understanding of software and hardware interaction. This person will participate in the full development lifecycle, including system and block level testing, of low latency high throughput FPGA design.

Network Engineer (Data Capture)

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As a Network Capture Engineer, you will be responsible for supporting our firm-wide, business-critical network capture solution. Alongside your colleagues, you will monitor the health and utilization of the environment to detect and prevent problems, and ensure reliable data capture. Help us maintain and improve this vital infrastructure component through rigorous testing in our lab environment.

DevOps Engineer

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Cumberland, DRW’s Global crypto-asset trading team, is looking for a DevOps Engineer to join our team in our Chicago office. This role will be responsible for administering, supporting, and improving a technologically diverse stack used to research and trade crypto-assets across many exchanges and regions. You will work directly with developers and traders to monitor the health and utilization of Cumberland’s systems to proactively detect/resolve issues as well as develop new tools to improve all aspects of Cumberland operations. This role involves a mixture of DevOps, as well as infrastructure and applications support.

Linux Engineer (Data Capture)

DRW
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1 week ago
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As a Network Capture Engineer, you will be responsible for supporting our firm-wide, business-critical network capture solution. Alongside your colleagues, you will monitor the health and utilization of the environment to detect and prevent problems, and ensure reliable data capture. Help us maintain and improve this vital infrastructure component through rigorous testing in our lab environment.

Trading Systems Engineer

DRW
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1 week ago
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Work as part of a team to establish best-in-class support processes to ensure flawless operation of production trading technologies, flawless software deployment and configuration processes, and proactive monitoring and support to anticipate and avoid issues before they occur. Ensure maximum trading system availability to avoid missing any key trading opportunities. Provide support for various trading groups’ production systems across a variety of asset classes and geographic locations. Develop proprietary process automation and monitoring tools and leverage third-party technologies as appropriate. Provide support for proprietary trading systems deployed across a multi-platform production environment (primarily Linux with a little Windows). Troubleshoot trading system production incidents resulting from internal (proprietary software / systems) or external factors (markets, data feeds, telecommunication lines). Automate software configuration and rollout procedures to reduce manual configuration errors and strive for flawless change management. Support core market connectivity and correspond with exchanges regarding trade order activity, connectivity, and other related technical support issues.

Trading System Software Developer

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As a Trading System Software Developer, you will be an integral member of a team of experienced technologists, quantitative researchers, and traders. Your team will work closely to solve challenging technological problems by contributing to our full tech stack, from hardware and software development to grid computing. We are looking for individuals eager to learn new technologies to create innovative solutions and choose the right tools to directly impact our business. You will be surrounded by cutting-edge technology, given immediate responsibility, mentored by industry-leading engineers, and attend a robust training program, all to provide you with the best possible environment to succeed at DRW.

Software Engineer, Surveillance

DRW
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As an Engineer on the Compliance team, you'll work with Compliance Officers to make sure that our (incredibly important) regulatory requirements are fulfilled. You'll experiment with emerging technologies to monitor trading behaviors. You’ll wrestle a mountain of data into human understandable insights.

Technical Lead, FICC Options Trading

DRW
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The Options team at DRW applies tools from a variety of disciplines including statistics, control theory, machine learning, optimization, and signal processing to trade and risk manage several options trading books. Our team collaborates on technology needs, idea generation, signal development, and risk management approaches. The team is looking for a Technical Lead to help manage the growing tech stack. The role would report directly to the Head of Systematic Trading and would be responsible for coordinating production software efforts across all products traded in the group.

SQL/Python Database Developer

DRW
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1 week ago
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As a SQL/Python Database Developer, you will be responsible for a wide range of tasks including technology selection and recommendation, development of stored procedures, data cleansing, database maintenance, performance tuning, and monitoring of database that are used by a critical trading system. You will also be actively involved in the ongoing enhancement and automation of system processes.

Software Engineer, Risk

DRW
Chicago
1 week ago
+46
We are looking for an outstanding Software Engineer with diverse skills to join our Risk Development and Operations team. The RDO team is uniquely positioned to collaborate closely with end users, introduce novel solutions to challenging problems, and nurture professional growth. Engineers on our team are supported with resources and the flexibility to be their most productive. While previous experience working the in the trading/finance industry is beneficial, we're looking for talented software engineers, not specific industry experience. 

Software Engineer, Global Quantitative Modeling and Analytics

DRW
Chicago
1 week ago
+46
DRW is looking for an exceptional Software Engineer with expertise in designing, building and supporting financial applications and distributed services targeting Front Office users, Risk Management and Operations. You will be joining a team responsible for providing models and analytics to the DRW businesses firm-wide and will be instrumental in helping define and implement software solutions for pricing, risk management, PnL and scenario analysis. Your work will be used throughout the organization on a daily basis by traders, risk managers, and back office analysts.

Senior Software Engineer, Treasury

DRW
Chicago
1 week ago
+46
You'll be helping DRW manage its funds efficiently by developing and maintaining simple and robust data pipelines written mostly in Ruby and Clojure that perform complex analysis on all of the firm's and some of the market's data. You'll care about interest rates, charges, trade limits, risk based limits, liquidity, and much more. You'll be using some calculation engines you write and some that are provided by third parties. You'll get to find innovative ways to integrate disparate technologies and provide real and valuable insights to the business. You'll decide which data needs to be up-to-the-second actionable and which data needs to be curated over long periods to gain daily, weekly, monthly, or yearly insights. You'll enable the communication mechanism for that data whether it be alerting, dashboards, ad-hoc querying, or complex data visualization. You'll work closely with your customers inside the firm to bring reliable, concrete, and introspect-able numbers to fuel their deep industry expertise.

Senior Software Engineer, C++

DRW
Chicago
1 week ago
+46
Have significant experience developing high-availability systems in C++ and Python with very tight resource/latency constraints. Have a background in multi-threaded programming and a strong understanding of hardware/software interaction. Are comfortable working “under the hood” and you are quite skilled in performance tuning (applications, Linux, socket I/O, etc.) and troubleshooting. Have experience working with C++ libraries like STL and Boost. Are up to date on the C++0x/11 standards and have opinions about them. Have worked on challenging projects that involved things like building a custom compiler, writing a matching engine, or working with large amounts of data in real time. Have strong verbal and written communication skills.

Senior Software Engineer, Trading Infrastructure

DRW
Chicago
1 week ago
+46
Building systems with a constant focus on testing, reliability, scalability, and maintainability. Designing, modeling, and programming in a variety languages and technologies. Working on legacy code as well as green field development. Initiative driving projects to completion. Learning and promoting new technologies with a focus on best practices. Providing on-call support as needed. Sometimes working alongside other developers on the same task.

Software Engineer, C++

DRW
Chicago
1 week ago
+46
DRW is looking for an outstanding Software Engineer with an expertise in C++. You will be joining a team of highly talented Engineers who are tasked with building a cutting edge, low latency trading application that's being used on a global scale. You will have the opportunity to rotate through various areas of the stack, including order routing, market data, strategy, and risk.

Senior Database Administrator

DRW
Chicago
1 week ago
+46
DRW is seeking a Senior Database Administrator who will be responsible for implementation, support and maintenance of mission critical database environments. The administration of these environments includes clustering, storage, securing, monitoring, performance tuning, troubleshooting, and disaster recovery. This person will help manage and support current and future database and storage environments and initiatives, and proactively evaluate physical and logical design and architecture of the systems to keep up with the dynamic and growing business needs of DRW.

Research Developer

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1 week ago
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As a Research Developer, you will be an integral member of an algorithmic trading team comprised of experienced technologists, quantitative researchers, and traders. Your team will work closely to solve challenging technological problems and contribute to our full tech stack, from hardware and software development to grid computing. You will be surrounded by cutting edge technology, mentored by industry-leading engineers, offered training and continuing education opportunities, and given immediate responsibility. We are looking for creative technologists, natural programmers, and disciplined engineers eager to develop new technologies that directly impact our business.

Quantitative Trader, Systematic Trading

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The main responsibility of the role will be to research, design and implement new quantitative trading strategies. This will entail generating alphas from a variety of traditional and alternative datasets using rigorous statistical methods. To be successful in this role, the ideal candidate will need to build a deep understanding of the underlying datasets and be able to apply the latest scientific algorithms for statistical model development. The candidate will use the team’s custom research infrastructure for simulation, back-testing, and validation of the proposed models.

Quantitative Researcher

DRW
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1 week ago
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As a Quantitative Researcher, you will have an opportunity to solve challenging problems arising in a trading environment while utilizing statistical scientific algorithms and mathematical modeling techniques. You will find great minds with diverse backgrounds, who are passionate about cultivating new ideas and exploring ways to bring them to life. Our quantitative researchers work closely with experienced traders and software engineers.

Quantitative Trading Analyst

DRW
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1 week ago
As a Quantitative Trading Analyst, you will have an opportunity to combine the disciplines of risk management, research and technology to create optimal trading and investment strategies within the regulatory framework. You will work closely with experienced traders, software engineers and quantitative researchers. You will gain exposure to multiple asset classes through hands on trading experience and data analysis. Individual discovery and collaboration with fellow team members are encouraged to develop your understanding of market behavior.

Linux Systems Engineer

DRW
Chicago
1 week ago
As a Linux Engineer, you will be responsible for designing, deploying, and supporting Linux for our end-users. You will monitor the health and utilization of the environment to detect and prevent problems, ensure high availability for users, and plan future growth to meet needs. You will also be instrumental in helping software teams improve their efficiency in deploying custom tools to traders. This is an opportunity for someone to influence overall systems architecture as well as rapid deployment initiatives, build processes, packaging, monitoring and more. In this role, you will have an opportunity to regularly interact with a number of development groups to gather requirements, make recommendations and implement change.

Senior Financial Data Analyst

DRW
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1 week ago
As a Senior Financial Data Analyst, you will join our Accounting & Finance team and utilize your technical and analytical skills to automate processes and generate new and innovative reporting. This is a great opportunity for someone who is interested in developing their skills in an aggressive, fast-paced and rapidly growing trading environment.

Desktop Systems Engineer

DRW
Chicago
1 week ago
Our Systems and Mobile Platforms team is the front line of support for all users across the firm. We work with a wide range of the best technology available - - and we get to test, configure and deploy it all in an environment that continually challenges us and demands that we learn new things daily. The pace is fast but we also obsess about leaving no stone unturned when there is a problem to be solved. We believe in healthy debate, creative and collaborative problem solving and active knowledge sharing. Strong technical aptitude and a passion for technology are critical for success in the Desktop Systems Engineer role but initiative, strong analytics and drive are equally important.

Microwave Tower Technician (No Travel)

DRW
Chicago
2 weeks ago
DRW is looking for a Microwave Tower Technician in the Chicago, IL area to support our internally managed wireless networks. This position would involve local travel only (in the Chicago area).  This position will challenge you to provide quick and consistent responses to network needs while working with some of the smartest people in the financial industry. Experience with millimeter wave installations including path alignments and troubleshooting is strongly preferred. This role may include downtime in the office, and additional responsibilities may include assistance with lab testing, path design, equipment configuration and testing, and planning with stakeholders. We are looking for candidates who want to expand their skills beyond climbing and spend some time in an office environment helping to optimize our solutions.

Venture Capital Analyst

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As an Analyst, you will have meaningful exposure to all aspects of private company investing. The role requires a strong sense of self-motivation and quantitative skills. You will play a pivotal role in the evaluation of new opportunities and in the ongoing performance monitoring of the entire portfolio and have the opportunity to regularly interact with portfolio company senior management teams and co-investors. 

Database Engineer

DRW
Chicago
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Govern/manage the data storage and data used for research and analysis by the Agriculture Trading team globally. Work closely with Portfolio Managers and Traders to determine appropriate data sources and implement processes to onboard and manage new data sources for analysis to unlock future trading opportunities. Evolve data models and table structures to optimally store data used by Agriculture Trading unit Design and develop data solutions to help acquire, organize, manage, and control quality of critical Agricultural data to address the needs of a Global Agricultural Trading Strategy. Design and Develop data analysis tools to enable Portfolio Managers and Traders to optimize existing trading strategies and more easily formulate new trade ideas. Continually monitor data ingestion pipeline and data quality to ensure stability, reliability and quality of the data. Work with firmwide DBA’s to ensure optimal performance of Agricultural database. Quickly learn the Agriculture Trading business and build sound internal relationships to play an instrumental role in solving complex business problems.

Global Payroll Specialist

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As a Global Payroll Specialist, you’ll manage payroll processes for our offices around the globe. You’ll also act as the main point of contact for both employees and external vendors regarding payroll issues, so a strong service-oriented approach and a high sense of urgency are critical.

Senior Software Engineer, FICC Options Trading

DRW
Chicago
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DRW is looking for an exceptional Senior Software Engineer with an expertise in Java to join a team of highly talented technologists tasked with building a proprietary options trading platform. Your role will focus on all areas of software engineering, including design, development, implementation, testing and post-trade analysis while using the latest technologies and low latency techniques.

Accounting Intern

DRW
Chicago
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As an Accounting Intern on our finance and accounting team, you’ll have an opportunity to develop your skills in an aggressive, fast-paced and rapidly growing trading environment. DRW’s internship program exposes students to the dynamic worlds of trading and technology. Our 10-week summer program is packed with responsibility, challenges, problem-solving, excitement, and fun. 

Senior Quantitative Researcher, FICC Options Trading

DRW
Chicago
3 weeks ago
Research new market features for predictive properties. Identify inefficiencies in the financial markets and characterize them with mathematical models. Predict price movements using statistics, signal processing and machine learning. Design automated trading agents that achieve efficient execution.

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DRW
Chicago
3 weeks ago
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