DRW

Algorithmic Trader

DRW  •  Chicago, IL (Onsite)  •  13 days ago
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Job Description

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.

Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.

We operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters–it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.

As an Algorithmic Trader, you will combine risk management, research, and technology to operate trading and investment strategies across multiple asset classes. You will work closely with experienced traders, software engineers, and quantitative researchers to optimize system performance in a highly collaborative environment.

Our algorithmic trading group offers broad exposure to diverse strategies, markets, and domain experts, creating exceptional opportunities for learning and professional growth beyond those typically found in traditional trading roles.

Work Environment

  • Collaborate with experienced traders, with an average team tenure of 10+ years, in a large and highly collaborative setting
  • Partner closely with research, software, and hardware specialists who support every aspect of a sophisticated trading operation
  • Gain exposure to multiple complex strategies across global markets within a team backed by a proven two-decade track record of success

Responsibilities

  • Operate complex, automated, latency-sensitive trading systems developed collaboratively within the group
  • Monitor system execution and open positions
  • Adjust system parameters in response to changing market conditions
  • Trade manually when necessary to reduce risk
  • Identify opportunities for automation and system improvement
  • Communicate relevant news, market events, and system behavior to team members
  • Maintain a strong understanding of system functionality
  • Contribute to all aspects of trading desk activity, including position management, risk management, capital deployment, and post-trade analysis
  • Use AI tools for post-trade analysis and/or dashboard development (preferred)

Schedule

This role is primarily aligned with U.S. trading hours, with occasional rotation into APAC and European hours.

  • S. hours: 8:00 a.m. – 4:15 p.m.
  • APAC hours: 4:30 p.m. – 12:30 a.m.
  • European hours: 12:30 a.m. – 8:00 a.m.

Qualifications

  • Trading or market experience preferred
  • Ability to understand and troubleshoot high-frequency trading strategies and systems
  • Strong attention to detail
  • Excellent communication skills
  • Sound judgment under pressure
  • Motivated, dependable, and responsible

The annual base salary range for this position is $XX to $XX depending on the candidate’s experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus. In addition, DRW offers a comprehensive suite of employee benefits including group medical, pharmacy, dental and vision insurance, 401k (with discretionary employer match), short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts.

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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DRW

About DRW

At DRW, we identify and capture trading and investment opportunities globally. What sets us apart is our diversified approach—trading across many asset classes and instruments, in markets around the world, with horizons from seconds to years. We succeed by leveraging technology, research and risk management.

We offer the best of both worlds: the opportunity and spirit of a startup and the benefits and stability of an established, experienced firm. Our employees work hard to solve interesting problems, and their results are rewarded. We value continuous learning—from our outcomes, from the environment and from each other. It’s a place of high expectations, deep curiosity, and constant collaboration, with some of the smartest, most passionate people you’ll meet.

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Chez DRW, nous identifions et saisissons les opportunités de négociation et d'investissement au niveau mondial. Ce qui nous différencie, c'est notre approche diversifiée : nous négocions sur de nombreuses classes d'actifs et d'instruments, sur des marchés du monde entier, avec des horizons allant de quelques secondes à plusieurs années. Nous réussissons en nous appuyant sur la technologie, la recherche et la gestion des risques. Nous offrons le meilleur des deux mondes: les opportunités et l'ésprit d’une entreprise en démarrage, et les avantages et la stabilité d'une entreprise établie et expérimentée. Nos employés travaillent dur pour résoudre des problèmes intéressants et leurs résultats sont récompensés. Nous valorisons l'apprentissage continu – de nos résultats, de l’environnement et de chacun de nous. C’est un lieu où les attentes sont élevées, la curiosité est profonde et la collaboration est constante, et où l’on retrouve quelques-uns des individus les plus intelligents et les plus passionnés que vous puissiez rencontrer.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Chicago, IL
Year Founded
Unknown
Website
drw.com
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