Associate Business Manager

Drweng; Chicago (IL); On-site; USD 90,000 - 110,000; Full time

Benefits offered by this job

Annual discretionary bonus

Comprehensive employee benefits including insurance

401k with employer match

Job summary

DRW, headquartered in Chicago, is seeking a Business Manager to oversee the rollout of trading initiatives in the Americas. You will coordinate with various internal teams and manage relationships with exchanges and traders.

The ideal candidate will have a minimum of two years’ experience in a trading environment, strong project management skills, and the ability to communicate effectively. A competitive salary ranging from $90,000 to $110,000 will be offered based on experience, along with an annual bonus.

Qualifications

• Minimum of 2 years of experience in a trading environment.
• Experience with onboarding new clearing firm relationships and exchanges.
• Strong interpersonal, written, and verbal communication skills.

Responsibilities

• Manage the rollout of new trading initiatives in the Americas.
• Liaise with internal and external teams for due diligence.
• Assist with managing exchange relationships.

Skills

Experience in trading environment

Project management

Strong communication skills

Organizational skills

Attention to detail

Ability to manage multiple tasks

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.

DRW 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 Business Manager in our Chicago office, you’ll help manage the rollout of new trading initiatives in the America’s region. You’ll liaise with a variety of internal and external teams to perform initial due diligence activities, shepherd and monitor new business processes, and ensure the successful launch and onboarding of new trading products, traders and venues.

Core Duties

• Manage the assessment and implementation of new trading initiatives and trading access changes including onboarding/decommissioning of traders, exchanges, products, execution systems, clearing firms, etc.
  • Gather relevant data, details, and timelines
  • Use critical thought to define scope based on provided requirements
  • Clearly communicate details to all support teams
  • Liaise with internal/external parties as needed
  • Project manage initiatives to completion with a quick turnaround and transparency throughout the process
• Assist with managing exchange relationships which includes new product launches, rebate/incentive programs, new exchange onboardings, etc.
• Act as point of contact for traders on a variety of trading inquiries

Required Skills & Experience

• Minimum of 2 years of experience working in a trading environment (front office, operations, risk management, regulatory/compliance, business analysis, project management, client services, administration, etc.)
• Experience onboarding new clearing firm/prime brokerage relationships, exchanges, rebate programs, counterparties (KYC) and execution systems
• Previous project management experience
• Experience working/coordinating with teams located in multiple regions (US, Europe, and Asia)
• Understanding of general regulatory, tax, risk, treasury, capital, and legal factors impacting the onboarding of new business initiatives
• Previous experience working directly with traders
• Demonstrated success in a fast-paced organization with frequently changing priorities
• Strong interpersonal, written and verbal communication skills
• Proven organizational skills and the ability to manage multiple concurrent tasks and projects
• Must have strong attention to detail and excellent follow-through
• Ability to quickly grasp new concepts, technology, and terminology
• Must be action-oriented with a strong sense of urgency

The annual base salary range for this position is $90,000 to $110,000 depending on the candidate’s experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus. In addition, DRW offers a comprehensive suite of employee benefits including group medical, pharmacy, dental and vision insurance, 401k (with discretionary employer match), short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts.

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