Quantitative Researcher

7 hours, 13 minutes ago
Full-time
Entry Level
Data Science and Analytics
DRW

DRW

DRW is a diversified trading firm that leverages technology and risk management to identify and capture global trading and investment opportunities across a wide range of asset classes and markets.

Capital Markets
1K-5K
Founded 1992

Description

  • Extract predictive signals from financial data using statistical analysis and machine learning techniques.
  • Develop mathematical models to enhance existing trading strategies and identify new trading opportunities.
  • Assist software developers in translating research strategies into production software.
  • Optimize order execution and risk management within the trading system.
  • Create robust solutions to problems arising in the trading environment.
  • Automate human-decision-based trading strategies and prototype algorithmic trades from trading ideas.
  • Conduct quantitative analysis of market data to uncover relationships and historical trends.
  • Collaborate with the research team on idea generation and strategy development while pursuing independent research.
  • Apply innovative research methods to capture trading opportunities.

Requirements

  • Degree in a technical discipline with a focus on statistics, machine learning, signal processing, optimization, or control, graduating between December 2026 and August 2027 (Bachelor’s, Master’s, or PhD).
  • Curiosity for model development and experience handling large data sets.
  • Experience programming in Python, R, MATLAB, or C++ for research.
  • Ability to advocate for your beliefs clearly and concisely with the team.
  • Significant hands-on experience applying machine learning algorithms to real-world problems.
  • Strong problem-solving and statistics skills.
  • Proactive ability to take the lead on assignments and deliver practical research results in a timely manner.
  • No prior familiarity or experience in financial markets required.
  • Training will be provided for success in the role.

Benefits

  • Annual base salary of $250,000 to $300,000, depending on experience, qualifications, and relevant skill set.
  • Eligible for an annual discretionary bonus.
  • 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 and flexible spending accounts.

Interested in this position?

Apply directly on the company website

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