Trader

DRW • Chicago, IL

17h

About The Position

As a Junior Trader at DRW, you will combine risk management, research, and technology to operate trading strategies across multiple asset classes. You will work closely with experienced traders, software engineers, and quantitative researchers to support optimal system performance. The role involves operating automated, latency-sensitive systems, analyzing strategy performance, adjusting systems to market conditions, and improving trading tools and workflows.

Requirements

• Bachelor’s degree in Computer Science, Engineering, Mathematics, Statistics, Computational Finance, or an equivalent STEM field.
• Ability to understand and reason about complex distributed trading systems.
• Strong analytical and quantitative mindset.
• Proficiency in programming languages such as Python or C++.
• Meticulous attention to detail, strong judgment, and accuracy in work.
• Excellent verbal and written communication skills, with the ability to collaborate effectively across research and engineering teams.
• Ability to adapt in a fast-paced, collaborative, results-oriented environment and thrive under time-sensitive, high-pressure situations.
• Self-starter who is proactive, sets ambitious goals, is willing to drive and own projects, and identifies opportunities for impact.

Nice To Haves

• Prior trader or trading analyst experience is preferred.

Responsibilities

• Operate automated, latency-sensitive trading systems.
• Conduct quantitative research into strategy performance, back-test hypotheses, and refine strategies.
• Adjust system parameters dynamically based on market conditions.
• Manually trade when necessary to reduce risk exposure.
• Identify automation opportunities and propose improvements to trading systems and operational workflows.
• Develop internal tools and utilities to improve monitoring, operational efficiency, and desk processes.
• Communicate relevant market news, events, and system behavior to team members in a timely manner.
• Analyze system logs, executions, and market data to provide feedback on trading system performance.

Benefits

• Group medical, pharmacy, dental, and vision insurance.
• 401(k) with discretionary employer match.
• Short- and long-term disability insurance.
• Life and AD&D insurance.
• Health savings accounts.
• Flexible spending accounts.
• Annual discretionary bonus.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level