Quantitative Researcher: ML-Driven Trading & Data Insights

Drweng; Chicago (IL); On-site; USD 250,000 - 300,000; Full time

Benefits offered by this job

Discretionary bonus

Medical, dental, and vision insurance

401k with employer match

Life and AD&D insurance

Job summary

DRW invites a Quantitative Researcher to develop mathematical models and automated trading strategies across asset classes. You will work with a team of researchers, traders and software developers, with access to clean data and compute resources for exploratory analysis.

The role emphasizes independent research, rigorous validation and collaboration to translate ideas into production. Training will be provided to new researchers, and a discretionary bonus program is available.

Qualifications

• Degree in statistics, ML, signal processing, optimization or related field.
• Strong background in machine learning applied to real data.
• Experience handling large data sets and building models.

Responsibilities

• Extract predictive signals from financial data using statistical methods and ML.
• Collaborate with software developers to translate research into production systems.
• Improve order execution and risk management through quantitative research.
• Develop robust mathematical models to identify trading opportunities.
• Prototype algorithmic trades from trading ideas and automate decision making.

Skills

Python

R

MATLAB

C++

Large data handling

Statistical learning

Education

Technical degree in statistics/data science

Tools

Python

R

MATLAB

C++

Job description

DRW invites a Quantitative Researcher to develop mathematical models and automated trading strategies across asset classes. You will work with a team of researchers, traders and software developers, with access to clean data and compute resources for exploratory analysis.

The role emphasizes independent research, rigorous validation and collaboration to translate ideas into production. Training will be provided to new researchers, and a discretionary bonus program is available.