Quantitative Trading Analyst

About DRW

DRW is a diversified trading firm with more than 30 years of experience combining advanced technology with exceptional talent to operate across global markets. The firm values independence and the ability to move quickly when opportunities appear, and it trades with its own capital and at its own risk.

With its headquarters in Chicago and offices across the U.S., Canada, Europe, and Asia, DRW trades a broad set of asset classes such as fixed income, ETFs, equities, FX, commodities, and energy in the world’s major markets. The firm has also extended its capabilities into real estate, venture capital, and cryptoassets.

The culture emphasizes respect, curiosity, open-mindedness, high standards, integrity, innovation, and a willingness to question conventional thinking.

Role Overview

DRW is hiring a Quantitative Trading Analyst for a volatility-oriented trading desk. This opportunity is suited to candidates with 1–2 years of background in trading, quantitative research, market making, or systematic strategies who want to apply quantitative methods to volatility markets. Experience across multiple asset classes, including equities, rates, credit, and FX, is valued.

What You Will Do

• Review trading approaches and refine them for better performance and execution.
• Build, support, and enhance quantitative models, analytics, and trading utilities.
• Work with large data sets to uncover opportunities, market inefficiencies, and areas of risk.
• Monitor and manage live algorithmic trading activity.
• Support options liquidity provision through systematic algorithms and voice activity in IDB markets.
• Investigate volatility behavior, pricing dynamics, and market microstructure.
• Partner with technology teams to strengthen trading systems, infrastructure, and automation.
• Contribute to the launch of new products and market expansion efforts across asset classes.

What We Are Looking For

• 1–2 years of experience in trading, quantitative analysis, research, or a comparable role.
• A strong academic foundation in mathematics, physics, computer science, engineering, or another quantitative field.
• Well-developed analytical thinking and problem-solving ability.
• Solid understanding of probability, statistics, and how markets behave.
• Strong Python skills; exposure to SQL, R, or C++ is advantageous.
• Genuine curiosity about financial markets and volatility products.
• Comfort working in a fast-moving, collaborative environment.
• Clear communication and strong attention to detail.
• Background with derivatives or volatility instruments.
• Familiarity with options pricing, Greeks, or volatility surface analysis.
• Experience working with large market data sets or research pipeline development.

Additional Information

DRW’s privacy notices for job applicant data and, for California residents, the California-specific privacy notice are referenced in the source material. No salary, stipend, opening count, or start date was stated.