Senior Fundamental Researcher, Compute Markets

DRW Holdings, LLC; Greater London; Hybrid; GBP 140,000 - 190,000; Full time

Job summary

DRW Holdings, LLC is seeking a Fundamental Researcher to develop investment views on compute markets and the supporting infrastructure. You will assess supply and demand drivers, review pricing implications, and translate insights into actionable investment recommendations for a compute derivatives strategy.

You will work with a quantitative researcher, testing model assumptions against market data and contributing a rigorous fundamental perspective.

Qualifications

• 5 to 7 years of fundamental investment research experience, ideally in credit research or investing in commodities or digital infrastructure.
• Strong financial modeling skills and cash flow analysis.
• Ability to understand and critique pricing models and test their inputs.

Responsibilities

• Develop macro and fundamental views on compute and related markets.
• Translate pricing into investment views and recommend views to express positions.
• Validate pricing assumptions with fundamental evidence and test inputs.
• Build models linking fundamental drivers to pricing and investment outcomes.
• Present clear recommendations to Portfolio Manager and Investment Committee.

Skills

Fundamental research

Financial modeling

Pricing models

Credit/commodities experience

Quantitative fluency

Derivatives awareness

Data center and power infra

Job description

DRW Holdings, LLC is seeking a Fundamental Researcher to develop investment views on compute markets and the supporting infrastructure. You will assess supply and demand drivers, review pricing implications, and translate insights into actionable investment recommendations for a compute derivatives strategy.

You will work with a quantitative researcher, testing model assumptions against market data and contributing a rigorous fundamental perspective.