Research Engineer (FICCO)

DRW; Chicago (IL); On-site; USD 175,000 - 225,000; Full time

Benefits offered by this job

Comprehensive medical, pharmacy, dental and vision insurance

401k with discretionary employer match

Short and long-term disability insurance

Health savings and flexible spending accounts

Job summary

A leading trading firm in Chicago is seeking a Research Engineer to enhance their systematic trading team. This role involves implementing research studies, designing trading strategy simulation software, and developing algorithms. Candidates should have a Bachelor's degree in Computer Science, along with strong skills in C++ and Python. The role offers a competitive salary and a comprehensive benefits package, including medical, dental, and life insurance.

Qualifications

• Excellent programming skills in modern C++ and Python.
• Understanding of object-oriented design, data structures and algorithms.
• Ability to think, communicate, and code clearly.

Responsibilities

• Implement research studies and develop algorithms for financial markets.
• Design trading strategy simulation software for distributed computing.
• Develop software for large scale data acquisition and visualization.

Skills

Modern C++

Python

Software development

Quantitative finance mathematics

Multi-threaded applications

Education

Bachelor’s degree in Computer Science or related 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.

As a Research Engineer, you will be an integral member of a systematic trading team comprised of experienced technologists, quantitative researchers, and traders. Your team will work closely to solve challenging technological problems and contribute to our full tech stack, including software design, data engineering, distributed computing, and quantitative modeling. You will be surrounded by cutting edge technology, mentored by industry-leading engineers, offered training and continuing education opportunities, and given immediate responsibility. We are looking for quantitatively minded people who are creative technologists, natural programmers, and disciplined engineers eager to develop new technologies that directly impact our business.

How you will make an impact:

• Work with researchers to implement research studies, simulate trading strategies, and develop algorithms to compete in financial markets.
• Design trading strategy simulation software optimized for distributed computation
• Develop software for large scale data acquisition, storage, accessibility, and visualization
• Create user interfaces for data exploration and post trade analysis
• Accelerate the research lifecycle from strategy prototype to production deployment
• Evaluate new technology and improve our technology stack

What you bring to the team:

• Bachelor’s degree in Computer Science, Computer Engineering, or related field
• Excellent software development skills in modern C++ and Python
• A strong understanding of object oriented design, data structures and algorithmsli>
• A strong understanding of quantitative finance mathematics
• A solid foundation in programming with the ability to think, communicate, and code clearly
• A solid understanding of computer systems at every level of abstraction (hardware, OS, memory, network)
• Skills in multi‐threaded applications
• An understanding of how to build software for long term use and broad adoption
• Demonstrated ability to produce algorithmic code in a fast-paced environment

The annual base salary range for this position is $175,000 to $225,000, 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 processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice.

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.