Quantitative Researcher Futures

DRW; New York (NY); On-site; USD 150,000 - 250,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401k with employer match

Disability insurance

Job summary

DRW is seeking a Quantitative Researcher with 3–5 years of experience to develop and improve systematic trading signals using machine learning and statistical methods. You will design non-linear signal frameworks, build regime-aware models, and work closely with traders to transition research into production.

You will integrate signals into risk sizing and portfolio construction, validate ML-based signals on intraday and daily data, and contribute to production-ready research in a fast-paced

Qualifications

• 3+ years in quantitative research or ML in finance.
• Masters/PhD required.
• Proficiency in Python and data libraries.
• Experience with time-series data and predictive models.
• Strong analytical skills and ability to communicate results to trading teams.

Responsibilities

• Design non-linear signal combination frameworks.
• Build regime-aware models and conditional signal frameworks.
• Research, develop, and validate machine learning–based trading signals on intraday and daily data.
• Integrate signals into risk sizing, portfolio construction, and optimization frameworks.
• Work closely with traders and infrastructure teams to transition research into production.

Skills

ML basics

Statistics

Time-series

Python

Trader communication

Education

Masters or PhD in relevant field

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’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.

We are seeking a Quantitative Researcher with 3–5 years of experience to develop and improve systematic trading signals using machine learning and statistical methods. The role focuses on non-linear signal modeling, regime‑aware frameworks, and the integration of new data sources into existing research and risk systems. The researcher will work closely with traders and other quants, with clear ownership and direct impact on live trading.

What you’ll be doing:

• Design non-linear signal combination frameworks, improving upon existing linear and mean‑variance approaches.
• Build regime‑aware models and conditional signal frameworks based on market states (e.g., volatility, correlations, risk conditions).
• Research, develop, and validate machine learning–based trading signals on intraday and daily data.
• Integrate signals into risk sizing, portfolio construction, and optimization frameworks.
• Work closely with traders and infrastructure teams to transition research into production.

Qualifications/Skills:

• 3+ years of experience in quantitative research, systematic trading, or applied ML in financial markets.
• Strong foundation in machine learning, statistics, and optimization with advance degree (masters/PhD)
• Proficiency in Python and common data/ML libraries
• Experience working with time‑series data and building predictive models.
• Strong analytical skills and ability to communicate results clearly to trading teams.

The annual base salary range for this position is $150,000 to $250,000 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.

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

Voluntary Self-Identification

For government reporting purposes, we ask candidates to respond to the below self-identification survey.Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiringprocess or thereafter. Any information that you do provide will be recorded and maintained in aconfidential file.

As set forth in DRW ’s Equal Employment Opportunity policy,we do not discriminate on the basis of any protected group status under any applicable law.

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection.As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measurethe effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categoriesis as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service‑connected disability.

A "recently separated veteran" means any veteran during the three‑year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.