Proprietary Risk Trader

Responsibilities

• Build, execute, and risk manage discretionary & semi-systematic strategies end-to-end across ETFs and index futures
• Run ETF market-making and index arbitrage (cash–futures/TRS basis, baskets)
• Contribute to central risk book decisions to internalize flow and optimize inventory/hedging
• Analyse flows & themes (macro, microstructure, corporate actions) to generate tradeable hypotheses and P&L
• Partner with developers/quants to improve models, data pipelines, and execution tooling
• Drive execution quality including route selection, algo parameters, and post-trade attribution
• Contribute to desk risk positioning and uphold controls

Requirements

• 5+ years as a trader in ETFs or index futures (prop/MM/sell-side delta-one)
• Asia markets experience (HK/SG/JP/KR/TW at minimum)
• Hands-on exposure to ETF MM, index arbitrage, and/or central risk book workflows
• Strong Python skills (pandas/numpy) for prototyping and backtests
• Ability to translate macro/news into positioning and understanding of microstructure
• Profitable track record in equities/futures

Preferred Qualifications

• Onshore China experience (QFI/Stock Connect, futures)
• Experience with internalization/crossing frameworks or broker algo tuning
• Corporate-actions & index events playbooks experience
• Mandarin or Cantonese language skills

About the Company

DRW is a technology-driven, diversified principal trading firm. We trade our own capital at our own risk, across a broad range of asset classes, instruments and strategies, in financial markets around the world.