Quantitative Trading Analyst

Trading Interview; Greater London; On-site; GBP 75,000 - 110,000; Full time

Job summary

DRW is seeking a Quantitative Trading Analyst to join a volatility-focused trading team in London. You will analyze, develop, and implement trading strategies, build models, and manage live trading algorithms across multiple asset classes.

The role requires 1–2 years in trading or quantitative roles, a strong quantitative background, and proficiency in Python with additional SQL/R/C++ experience a plus. DRW values autonomy, collaboration, and innovation.

Qualifications

• 1–2 years in trading, quantitative analysis, research, or related role.
• Strong mathematical background in quantitative fields.
• Excellent quantitative and analytical problem-solving skills.
• Understanding of probability, statistics, and market behavior.
• Proficiency in Python; SQL, R or C++ is a plus.
• Interest in financial markets and volatility products.
• Ability to work in a fast-paced, collaborative environment.
• Experience with derivatives or volatility products is desirable.

Responsibilities

• Analyze, improve, and implement trading strategies.
• Develop and maintain quantitative models, analytics, and tools.
• Analyze large datasets to identify market opportunities and risks.
• Manage live market trading algorithms actively.
• Provide liquidity in options via systematic strategies.
• Research volatility dynamics, pricing, and microstructure.
• Collaborate with tech teams to improve infrastructure and automation.
• Support new product and market expansion across asset classes.

Skills

Python

Quantitative analysis

Statistics

Market behavior

Education

Mathematics/Physics/CS/Engineering

Tools

SQL

R

C++

Git

Job description

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 is 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.

We are looking for a Quantitative Trading Analyst (QTA) to join a volatility-focused trading team. This role is ideal for candidates with 1-2 years of experience in trading, quantitative research, market making, or systematic strategies who are interested in applying quantitative thinking to volatility markets. Prior experience across a variety of asset classes is welcome - including equities, rates, credit and FX.

What you'll do

• Analyze, improve and implement trading strategies
• Develop and maintain quantitative models, analytics, and trading tools
• Analyze large datasets to identify market opportunities, inefficiencies, and risk exposures
• Actively manage live market trading algorithms
• Provide liquidity in options via systematic algos and voice in IDB markets
• Conduct research into volatility dynamics, pricing, and market microstructure
• Collaborate with technology teams to improve trading infrastructure and automation
• Support new product and market expansion initiatives across asset classes

What we're looking for

• 1-2 years of experience in trading, quantitative analysis, research, or a related role
• Strong academic background in mathematics, physics, computer science, engineering, or a similarly quantitative discipline
• Excellent quantitative and analytical problem-solving skills
• Strong understanding of probability, statistics, and market behavior
• Proficiency in Python; experience with SQL, R, or C++ is a plus
• Intellectual curiosity and a genuine interest in financial markets and volatility products
• Ability to work in a fast-paced, collaborative environment
• Strong communication skills and attention to detail
• Experience working with derivatives or volatility products
• Familiarity with options pricing, Greeks, or volatility surface analysis
• Experience handling large market datasets or building research pipelines

For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice athttps://drw.com/privacy-notice .

This description was published by DRW. Applications are handled on their careers site: we are not the employer and cannot process them.

DRW is a team of innovative and ambitious individuals who use the power of free markets to solve challenging problems, capture opportunities, and pursue positive change. In 1992, the founder...