at DRW Holdings, LLC in Chicago, Illinois, United States
Job Description
DRW HOLDINGS LLC IN CHICAGO, IL SEEKS QUANTITATIVE TRADER (POSITION ID QT/IL/X070) to perform the following job duties: Operate trading strategies, manage automated market-system risk, manage volatility surface pricing, and optimize trading strategy parameters. Investigate the potential application of existing strategies to new products. Quantitatively analyze trade data and perform post-trade analysis of strategies. Assist in the development of analytical tools. Communicate relevant news, market events, and system behavior to team members in a clear and concise manner. Be willing to challenge consensus on existing methodologies and trading strategies to contribute to the advancement of the team. Generate alphas from a variety of datasets using rigorous statistical methods. Build a deep understanding of the underlying datasets. Apply the latest scientific algorithms for statistical model development.
MINIMUM REQUIREMENTS:
Education: Master’s degree, or foreign equivalent, in Math, Statistics, Quantitative Finance, or another highly quantitative field.
Experience: One year of quantitative trading analysis experience.
Education or experience to include: Modeling: time series, stochastic processing, and linear; Risk management; Probability theory and statistical inference; Counter party analysis and micro structure analysis; Quantitative financial theory or options theory; Programming in Python; and, Teamwork with diverse personalities in a stressful environment.
License: Series 57.
TO APPLY: Email resume to apply@drw.com, Attn: M. CARTER and refer to Position ID QT/IL/X070 when applying for position to ensure consideration for the proper position. EOE.
