Algorithmic Trader

DRW • Chicago, IL

20h • Onsite

About The Position

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.

Requirements

• 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

Nice To Haves

• Use AI tools for post-trade analysis and/or dashboard development

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)

Benefits

• 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
• flexible spending accounts

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed