Trading Operations Engineer

DRW Holdings, LLC.; Chicago (IL); On-site; USD 100,000 - 150,000; Full time

Benefits offered by this job

Discretionary annual bonus

Comprehensive benefits (medical, Rx, 4

401k with employer match

HSA and FSA options

Life and AD&D insurance

Disability insurance

Job summary

DRW Holdings, LLC in Chicago seeks a Trading Operations Engineer to support crypto trading desks, perform trade capture for futures, reconcile positions, and calculate daily P&L while collaborating with traders, researchers and software engineers to optimize workflows.

The role includes owning current functionality, advising on enhancements, understanding traders’ risk tools, and upgrading tools to meet desk needs as new technology is adopted.

Qualifications

• 2-3 years in front/middle/back office or risk roles with derivatives.
• Experience with derivatives is preferred.
• Bachelor's degree in finance, economics, CS, math or related field.
• Ability to work independently and synthesize solutions.
• Experience interacting with front office and senior management.

Responsibilities

• Provide operational support for crypto trading desks.
• Trade capture for futures and futures options.
• Trade and position reconciliation with clearing houses and brokers.
• Daily P&L calculation and substantiation.
• Upgrade and support traders’ tools to meet needs.
• Interface with technology to improve tooling and workflows.
• Adopt and integrate new technology as it becomes available.

Skills

Crypto interest

Independent work

Problem solving

Education

Bachelor's degree (quantitative)

Tools

Git

Python

Cron

Linux

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 Trading Operations Engineer you will provide support to a group of trading desks based in Chicago. This is an opportunity to solve challenging problems while working closely with experienced traders, researchers and software engineers to optimize operational workflow and use the right tools and technology for the job.

Responsibilities:

• Provide operational support for several of the firm’s crypto trading desks


• Trade capture for all products related to the desks’ activity: futures/futures options


• Trade and position reconciliation with the firm’s clearing houses and brokers


• Daily P&L calculation and substantiation


• Working knowledge and experience in derivatives


• Gain mastery of the firm’s proprietary trade capture, inventory management, treasury management, and risk management systems necessary to support the desks’ activity


• Act as process owner for current functionality and provide critical support and advice regarding needed enhancements to technology, workflows, and processes:


• Gain a strong understanding of traders’ risk management tools and provide support for related traders’ needs


• Upgrade and support traders’ tools to effectively utilize technologies and tools that are firm standard


• Interface with technology to improve tools where they fall short of meeting the desks’ needs


• Adopt, integrate, and promote new technology as it becomes available

Requirements:

• Strong interest or working knowledge and experience in crypto


• Previous experience with Version Control, Git, Python, Cron, Linux


• 2-3 years of experience in the front office, middle office, back office, or risk management roles working with exchange-traded and over-the-counter products and derivatives


• Experience working with derivatives is preferred


• Substantial prior interaction with the front office and senior management in an active trading environment


• Bachelor’s degree in finance, economics, computer science, math, or another quantitative field or material equivalent exposure


• Demonstrated ability to work independently


• Demonstrated ability to analyze problems and synthesize and implement solutions

The annual base salary range for this position is $100,000 to $150,000 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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