DRW

Chicago, IL

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STIR Trader at DRW

DRW

| Chicago

Sorry, this job was removed at 5:11 a.m. (CST) on Tuesday, November 3, 2020

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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’s a place of high expectations, deep curiosity and thoughtful collaboration.

Portions of DRW focus on combining quantitative signals and discretionary themes to trade liquid instruments globally over a holding period of a few days. We are looking to hire experienced product experts who understand how to best express and trade the views developed from analysis of data, market flow dynamics, and market microstructure. We are looking for traders with experience taking risk in Asian Short Term Interest Rate (STIR) markets. Ideally, they would also have some experience taking and managing risk in FX and European STIR markets.

What you will need:

5+ years of profitable trading experience in short term rates for a proprietary trading firm
Proven track record generating in outright and relative value strategies with a horizon of up to a month
Strong risk management skills and a willingness to manage a portfolio independently within a given set of risk parameters
Open to sharing ideas and collaborating within a larger group
Experience with multiple products and/or trading styles is a plus

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
- Microsoft SQL ServerDatabases
- MongoDBDatabases
- OracleDatabases
- PostgreSQLDatabases
- RedisDatabases
- RiakDatabases

Alex

Quantitative Researcher

CAREER GROWTH

Solving problems in creative ways

Alex started at DRW as an intern and joined the team full-time after graduation. Even though he was fresh to the field, his managers have always let him learn by doing. After all, he says, “in research, you never really know until you try.” Managers trust their teams to test new approaches and tackle problems head-on while still providing feedback and guidance. For Alex, it's an engaging way to grow.

If I find something interesting, I usually just tackle it right away. My managers trust me tremendously to prioritize appropriately.

Alex

Quantitative Researcher

Heidi

Facilities Manager

EMPLOYEE EXPERIENCE

A team dedicated to fueling a workforce

Life is as fun as you make it, especially at DRW, where Heidi takes the lead in making every day dynamic. Some of her responsibilities include pulling together daily catered meals, creating events for the Women’s Networking Group and setting up lightning talks with topics like, “How to (Attempt to) Make Money on DraftKings." As the woman behind the work perks, she says they help the teams genuinely bond and grow as people.

We don’t just provide office perks to check a box, we think about what employees need to be productive, feel appreciated and stay energized.

Heidi

Facilities Manager

Rene

Software Developer

KEEPING LIFE IN CHECK

Feeling supported, in and out of the office

When Rene told his managers he was going back into the military, he knew they would be supportive. But he couldn’t have imagined how engaged they would be, like when they sent him care packages or checked in on his family regularly. DRW is serious about supporting its employees in their lives and letting them explore outside interests. “It’s simple,” Rene said. “Make sure the work is done, but also make sure life is done.”

I am encouraged to grow professionally and personally. I’ve been given the opportunity to take on projects outside of the norm to have a more holistic life.

Rene

Software Developer

What are DRW Perks + Benefits

Culture

Volunteer in local community

Partners with Nonprofits

Friends outside of work

Eat lunch together

Intracompany committees

Daily stand up

Open door policy

Team owned deliverables

Team based strategic planning

Group brainstorming sessions

Pair programming

Open office floor plan

Diversity

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)

401(K) Matching

Performance Bonus

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

Parking

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."

View full list of perks + benefits

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.