Senior Delta-One Quant Trader | Futures & Options

Trading Interview; Chicago, Northern (IL, KY); Hybrid; USD 180,000 - 350,000; Full time

Job summary

DRW is seeking a Senior Quantitative Trader (Delta One) to lead embedded quantitative research and trading within the FICCO options platform. You will design, deploy, and scale futures-driven systematic strategies, collaborating with options traders to integrate signals and hedging frameworks across global futures markets.

This role emphasizes delta-one strategy development, systematic execution, and rigorous backtesting with a focus on risk-aware, scalable trading frameworks and capital

Qualifications

• 7+ years of experience in systematic trading and futures derivatives.
• Demonstrated PnL ownership in a quant-driven trading environment.
• Strong understanding of derivatives pricing, volatility dynamics, and risk modeling.

Responsibilities

• Design, develop, and deploy delta-one futures trading strategies across global markets.
• Build delta-driven signal generation frameworks to support futures and options portfolios.
• Implement robust futures-based hedging methodologies to optimize portfolio risk.
• Develop directional options overlays grounded in quantitative futures signals.
• Understand and manage risk across live strategies: exposure, volatility, liquidity, cross-asset correlations.
• Partner with developers and trading infra teams to productionize models and optimize execution.
• Conduct rigorous research, backtesting, and performance attribution analyses.
• Iterate on models to improve signal quality, scalability, and capital efficiency.
• Contribute to portfolio construction and capital allocation decisions within the FICCO platform.

Skills

Systematic trading

PnL ownership

Derivatives pricing

Risk modeling

Quantitative research

Tools

Backtesting frameworks

Job description

DRW is seeking a Senior Quantitative Trader (Delta One) to lead embedded quantitative research and trading within the FICCO options platform. You will design, deploy, and scale futures-driven systematic strategies, collaborating with options traders to integrate signals and hedging frameworks across global futures markets.

This role emphasizes delta-one strategy development, systematic execution, and rigorous backtesting with a focus on risk-aware, scalable trading frameworks and capital