Job Description
TRADER (POSITION ID TR/IL/L041)Responsibilities: Execute trades using various systems within DRW on behalf of multiple risk-taking desks. Develop an expertise in execution tools and market microstructure to manage orders, trades, and positions. Research and identify fundamental drivers of asset prices across financial, macroeconomic, and alternative datasets to generate new trade ideas. Work across a wide array of products that may include: Equities, Commodities, Rates, FX markets in the cash, futures and options instruments. Build quantitative tools and models to extract key insights from market data and directly guide risk taking decisions. Write code in Python or other scripting languages to develop alerts and tools that inform discretionary trading strategies. Initiate actionable business recommendations to onboard new products, optimize execution strategies, and improve trading software using data and insights gathered from first-hand trading experience. Form, communicate and present data-driven recommendations to leadership in collaboration with team members. Assist in the execution of new business initiatives, driving projects to completion.Requirements: Bachelorās degree in Computer Science, Engineering, Math, Statistics, or related field and two years of experience executing trades and managing risk. Industry experience to include: (1) Execute and monitor trades in futures and at least two of the following asset classes (stocks, options, and/or foreign exchange) on various trading platforms such as Bloomberg, TT, or in-house software; (2) Python programming skills to explore large financial datasets using data analysis libraries such as Pandas, Numpy, Matplotlib, Scikit-Learn, etc.; (3) Executing trades for multiple portfolio managers with diverse trading styles in a fast-paced, high pressure environment; (4) Background in analyzing order book and tick data to study market microstructure; and (5) Exposure to applying machine learning, linear programming, numerical analysis, or statistical methods to identify patterns in trading data.
Salary $150,000 to $170,000 per year. Job Site: 540 W. Madison St. #2500, Chicago, IL 60661. THIS IS A FULL-TIME (40 HOURS PER WEEK) POSITION.
Salary $150,000 to $170,000 per year. Job Site: 540 W. Madison St. #2500, Chicago, IL 60661. THIS IS A FULL-TIME (40 HOURS PER WEEK) POSITION.
TO APPLY:Ā Email resume toĀ [email protected] or mail resume to DRW, 540 W. Madison St. #2500, Chicago, IL 60661, Attn: M. CARTER and refer to Position IDĀ TR/IL/L041 when applying for position to ensure consideration for the proper position. EOE.
This notice is being provided in connection with the filing of an application for permanent alien labor certification for this position. Any interested person may provide documentary evidence bearing on the application to the U.S. Department of Labor, Employment and Training Administration, Office of Foreign Labor Certification, 200 Constitution Avenue NW, Room N-5311, Washington, DC 20210.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 theĀ California Privacy NoticeĀ for information about certain legal rights atĀ https://drw.com/california-privacy-notice.
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Date Posted
01/27/2023
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