DRW
Hybrid

Quantitative Execution Trader

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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.

As a Quantitative Execution Trader, you will have an opportunity to combine the disciplines of risk management, research and technology as part of a team focused on building a liquidity business in the Energy Options space. You will work closely with experienced traders, software engineers and quantitative researchers to develop trading strategies and ensure optimal system performance. This role will primarily specialize in voice trading with a variety of counterparties.

Responsibilities:

  • Represent DRW in our outward facing trades with brokers and counterparties
  • Inform, develop and execute desk strategies to provide liquidity and make proactive trading decisions
  • Identify, evaluate and realize new market opportunities and revenue streams
  • Adjust approach based on market factors to capture unique opportunities
  • Suggest improvements to the systems and coordinate across roles to prioritize development efforts
  • Communicate relevant news, market events, and trade behavior to team members
  • Contribute to all aspects of the trading desk activities including position reconciliation, risk management tasks, and post trade analysis
  • Generate feedback on trade performance to refine strategies


Required background: 

  • Bachelor's degree in Finance, Economics, Computer Science, Engineering, Math, Statistics, or Computational Finance (or equivalent)
  • Experience as a Trader or Trading Analyst trading complex derivatives, preferably options
  • Ability to understand and reason about complex distributed trading systems
  • High attention to detail
  • Excellent communication skills
  • Ability to use sound judgment under pressure
  • Entrepreneurial drive to build and improve
  • Must be motivated, dependable, and responsible

Nice to haves:

  • Series 57 license
  • Proficiency in programming languages such as Python or C++

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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What are DRW Perks + Benefits

Culture
Volunteer in local community
Partners with nonprofits
Open door policy
OKR operational model
Team based strategic planning
Pair programming
Open office floor plan
Employee resource groups
Employee-led culture committees
Hybrid work model
In-person all-hands meetings
Flexible work schedule
Remote work program
We are committed to creating in-office as well as remote environments to support collaboration and belonging for all of our employees. Success at DRW is measured by performance, not location.
Diversity
Mandated unconscious bias training
Diversity employee resource groups
Hiring practices that promote diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Wellness programs
Team workouts
Mental health benefits
Financial & Retirement
401(K)
401(K) matching
Performance bonus
Charitable contribution matching
Child Care & Parental Leave Benefits
Childcare benefits
Generous parental leave
Family medical leave
Adoption Assistance
Company sponsored family events
Fertility benefits
Vacation & Time Off Benefits
Generous PTO
Paid volunteer time
Paid holidays
Paid sick days
Bereavement leave benefits
Office Perks
Commuter benefits
Company-sponsored outings
Free daily meals
Free snacks and drinks
Some meals provided
Company-sponsored happy hours
Onsite office parking
Recreational clubs
Relocation assistance
Fitness stipend
Home-office stipend for remote employees
Meditation space
Mother's room
Onsite gym
Professional Development Benefits
Job training & conferences
Tuition reimbursement
Lunch and learns
DRW hosts lunch and learn meetings once per month.
Promote from within
Mentorship program
Continuing education available during work hours
Online course subscriptions available
Customized development tracks
Paid industry certifications
Personal development training
Apprenticeship programs

Additional Perks + Benefits

We also offer on-site yoga, meditation classes, trivia nights., massages, and wine tastings. We also support professional development through mentorship programs, speaker series and "Geek Lunches."

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