Algorithmic Trader Job at Drw, Chicago, IL

RUxHNG11K3pOa2VDbGRyaHN0K1BYaUtZWnc9PQ==
  • Drw
  • Chicago, IL

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 [ California residents, please review the California Privacy Notice for information about certain legal rights at [#LI-JW1

Job Tags

Full time, Temporary work, Flexible hours

Similar Jobs

BJC Healthcare

ICPR Clinical Case Manager Job at BJC Healthcare

 ...and county to meet with clients in their homes to provide crisis-based therapy services,...  ...flexibility to meet with clients after typical work hours and occasionally on weekends...  ...financial well-being. ~ Comprehensive medical, dental, vison, life insurance, and legal... 

HF Sinclair

Natural Gas Supply Manager Job at HF Sinclair

 ...Basic Function HF Sinclair is seeking a Natural Gas Supply Manager based in Dallas, TX. The Natural Gas Supply Manager manages a team that is responsible for the development of the functional strategy and leads other to resolve unique problems. Utilizing expertise and... 

Waymo

International Program Manager Job at Waymo

 ...validation operators) journeys and across all geographies both internationally and domestically. The team does this by facilitating the...  ...locations is listed below. Actual starting pay will be based on job-related factors, including exact work location, experience, relevant... 

Qbe

Web Designer and SharePoint Administrator (Senior) Job at Qbe

 ...-level objectives. Summary of Position : The Senior Web Designer & SharePoint Administrator is responsible for the architecture...  ...content management and site collections. Design develop and maintain SharePoint sites pages dashboards forms and workflows... 

US AMRJones Lang LaSalle Americas, Inc.

Building Technician Job at US AMRJones Lang LaSalle Americas, Inc.

JLL empowers you to shape a brighter way . Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented peopleand empowering...