Algorithmic Trader

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 EnvironmentCollaborate with experienced traders, with an average team tenure of 10+ years, in a large and highly collaborative settingPartner closely with research, software, and hardware specialists who support every aspect of a sophisticated trading operationGain exposure to multiple complex strategies across global markets within a team backed by a proven two-decade track record of successResponsibilitiesOperate complex, automated, latency-sensitive trading systems developed collaboratively within the groupMonitor system execution and open positionsAdjust system parameters in response to changing market conditionsTrade manually when necessary to reduce riskIdentify opportunities for automation and system improvementCommunicate relevant news, market events, and system behavior to team membersMaintain a strong understanding of system functionalityContribute to all aspects of trading desk activity, including position management, risk management, capital deployment, and post-trade analysisUse AI tools for post-trade analysis and/or dashboard development (preferred)ScheduleThis 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.QualificationsTrading or market experience preferredAbility to understand and troubleshoot high-frequency trading strategies and systemsStrong attention to detailExcellent communication skillsSound judgment under pressureMotivated, dependable, and responsibleThe 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 https://drw.com/privacy-notice. California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.