Junior Quantitative Researcher

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Job Summary:

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. As a Quantitative Researcher, you will develop mathematical models and conduct quantitative analysis to build automated trading strategies while collaborating with a research team.

Responsibilities:

• Extract predictive signals from financial data through both traditional statistical analysis methods and cutting edge machine learning techniques

• Assist software developers to translate research strategies into production software

• Optimize the order execution and risk management of our trading system

• Create robust solutions to problems presented in the trading environment

• Formulate and apply mathematical modeling techniques to enhance existing trading strategies and perform innovative new research with the goal of identifying and capturing trading opportunities

• Automate human-decision based trading strategies; prototype algorithmic trades from trading ideas

Qualifications:

Required:

• A degree in a technical discipline with a focus on statistics, machine learning, signal processing, optimization and control graduating between December 2025 and August 2026 (Bachelor’s, Master’s, PhD)

• A curiosity for model development and experience handling large data sets

• Expertise in programming using Python, R, MATLAB, or C++ for conducting research

• Can advocate for your beliefs in a concise and effective way with the team

• Significant hands-on experience applying machine learning algorithms to real world problems

• Strong problem-solving and statistics skills

• The proactive ability to take the lead on assignments and deliver practical research results in a timely manner

Company:

DRW is a diversified trading firm that combines technology, research, and risk management to capture trading and investment opportunities. Founded in 1992, the company is headquartered in Chicago, Illinois, USA, with a team of  employees. The company is currently Late Stage. DRW has a track record of offering H1B sponsor ships.

Seniority level

• Seniority level
  
  Entry level

Employment type

• Employment type
  
  Full-time

Job function

• Industries Software Development

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Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

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