DRW

Proprietary Risk Trader

DRW  •  Singapore, SG (Onsite)  •  3 months ago
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Job Description

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 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.

We are seeking a Proprietary Risk Trader who is focused on ETFs, Single Stocks or Futures to join one of our Global Trading teams.

What you’ll do in this role:

  • Build, execute, and risk manage discretionary & semi-systematic strategies end-to-end across ETFs and index futures.
  • Run ETF market-making and index arbitrage (cash–futures/TRS basis, baskets), and contribute to central risk book decisions to internalize flow and optimize inventory/hedging.
  • Analyse flows & themes (macro, microstructure, corporate actions) to generate tradeable hypotheses and P&L.
  • Partner with developers/quants to improve models, data pipelines, and execution tooling (Python-first culture).
  • Drive execution quality: route selection, algo parameters, participation, and post-trade attribution.
  • Contribute to desk risk positioning and runbooks; uphold controls (price bands, notional caps, borrow/recall awareness.

Requirements

  • 5+ years as a trader in ETFs or index futures (prop/MM/sell-side delta-one).
  • Asia markets experience (HK/SG/JP/KR/TW at minimum). Onshore China (QFI/Stock Connect, futures) is a strong plus.
  • Hands-on exposure to ETF MM, index arbitrage, and/or central risk book workflows.
  • Strong Python (pandas/numpy; quick prototyping/backtests; comfort with data hygiene & attribution).
  • Ability to translate macro/news into positioning; understanding of microstructure (auctions, halts/LULD, tick/lot, fee tiers) and SBL/borrow dynamics.
  • Profitable track record in equities/futures (high-level P&L drivers and risk used to achieve it).
  • Nice to have
  • Experience with internalization/crossing frameworks; broker algo tuning (VWAP/TWAP/POV).
  • Corporate-actions & index events playbooks; AP/issuer interactions for Cr/Rd.
  • Mandarin/Cantonese language skills (for brokers/issuers/reg materials) are a plus.

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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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