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Posted a day ago
Quantitative Trader
DRWSenior Quantitative Trader (Delta One)
Perks & benefits
Medical InsurancePaid LeaveHealth Insurance
Requirements
7+ years systematic trading experience, Proven PnL ownership, Derivatives pricing and risk modeling expertise, Python fluency, Statistical modeling and alpha generation
Skills
PythonFinanceDerivatives
About the role
Responsibilities
- Design, develop, and deploy systematic delta-one futures trading strategies across global markets
- Build and refine delta-driven signal generation frameworks to support standalone futures strategies and options portfolios
- Implement robust futures-based hedging methodologies to optimize portfolio risk
- Develop and execute directional options overlays grounded in quantitative futures signals
- Manage risk across live strategies, including exposure, volatility, liquidity, and cross-asset correlations
- Partner with developers and trading infrastructure teams to productionize models and optimize execution
- Conduct rigorous research, backtesting, and performance attribution analysis
- Iterate on models to improve signal quality, scalability, and capital efficiency
- Contribute to portfolio construction and capital allocation decisions
Requirements
- 7+ years of experience in systematic trading, preferably in futures and listed derivatives
- Proven track record of direct PnL ownership in a quant-driven trading environment
- Strong understanding of derivatives pricing, volatility dynamics, and risk modeling
- Deep experience in signal research, statistical modeling, and alpha generation
- Fluency in Python and experience working with large-scale datasets
- Strong knowledge of market microstructure and execution optimization
- Ability to independently drive research while collaborating effectively within a trading team
Preferred Qualifications
- Experience trading across global futures markets (equities, rates, commodities, FX)
- Experience integrating options strategies within systematic futures frameworks
- Familiarity with portfolio construction, capital allocation, and risk budgeting models
- Experience working within or alongside an options trading desk
- Advanced degree in Mathematics, Statistics, Physics, Engineering, Computer Science, or related field
About the Company
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. Headquartered in Chicago, the firm trades a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy.
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DRW · Chicago
