Trading Operations Engineer - Cumberland Options

DRW Holdings, LLC.; Greater London; On-site; GBP 75,000 - 120,000; Full time

Job summary

DRW is a diversified trading firm leveraging technology and talent to operate across global markets. The Trading Operations Engineer, Cumberland Options, will support London-based trading desks and work with traders, researchers and software engineers to optimize workflows using the right tools.

The role includes trade capture, daily P&L substantiation, and reconciliation with clearing houses, requiring crypto interest and front-office exposure. Strong Python/Git/Linux skills preferred.

Qualifications

• Bachelor’s degree in finance, economics, computer science, math, or another quantitative field or material equivalent exposure.
• Demonstrated ability to work independently and to analyze problems and implement solutions.
• Minimum 2 years front/middle/back office or risk management experience with derivatives or exchange-traded products.

Responsibilities

• Provide operational support for crypto trading desks.
• Trade capture for futures and derivatives.
• Trade and position reconciliation with clearing houses and brokers.

Skills

Crypto

Git

Python

Cron

Linux

Version control

Education

Bachelors in finance/economics/computer science/math or quantitative field

Tools

Python

Git

Cron

Linux

Job description

Trading Operations Engineer - Cumberland Options

Job Location London

Employment type Regular

Department Technology

Targeted Start Date Immediate

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 a Trading Operations Engineer, Cumberland Options you will provide support to a group of trading desks based in London. This is an opportunity to solve challenging problems while working closely with experienced traders, researchers and software engineers to optimize operational workflow and use the right tools and technology for the job.

Responsibilities:

• Provide operational support for several of the firm’s crypto trading desks
• Trade capture for all products related to the desks’ activity: futures/futures options
• Trade and position reconciliation with the firm’s clearing houses and brokers
• Daily P&L calculation and substantiation
• Working knowledge and experience in derivatives
• Gain mastery of the firm’s proprietary trade capture, inventory management, treasury management, and risk management systems necessary to support the desks’ activity
• Act as process owner for current functionality and provide critical support and advice regarding needed enhancements to technology, workflows, and processes:
• Gain a strong understanding of traders’ risk management tools and provide support for related traders’ needs
• Upgrade and support traders’ tools to effectively utilize technologies and tools that are firm standard
• Interface with technology to improve tools where they fall short of meeting the desks’ needs
• Adopt, integrate, and promote new technology as it becomes available

Requirements:

• Strong interest or working knowledge and experience in crypto
• Previous experience with Version Control, Git, Python, Cron, Linux
• Minimum of 2 years of experience in the front office, middle office, back office, or risk management roles working with exchange-traded and over-the-counter products and derivatives
• Experience working with derivatives is preferred
• Substantial prior interaction with the front office and senior management in an active trading environment
• Bachelor’s degree in finance, economics, computer science, math, or another quantitative field or material equivalent exposure
• Demonstrated ability to work independently
• Demonstrated ability to analyze problems and synthesize and implement solutions

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