Trading Risk Product Analyst - Python & Markets

DRW Holdings, LLC; Chicago (IL); On-site; USD 175,000 - 250,000; Full time

Benefits offered by this job

Medical Insurance

Pharmacy Insurance

Dental Insurance

Vision Insurance

401k with match

Short and Long-Term Disability

Life and AD&D Insurance

Health Savings Account

Flexible Spending Accounts

Job summary

DRW Holdings, LLC in Chicago seeks a Risk Product Analyst to bridge trading, risk, and technology. This role partners with portfolio managers, traders and researchers to identify, diagnose and resolve issues in risk and valuation systems, using Python to automate diagnostics and improve workflows.

The ideal candidate has deep knowledge of financial products, hands-on production support experience, and strong communication skills to operate across desks and engineering teams.

Qualifications

• Deep knowledge of financial products (cash instruments, futures, swaps, options) and markets, backed by strong technical skills.
• Previous experience in trade support, trading technology, production support, or a closely related role within a production trading environment – supporting multiple desks and/or asset classes.
• Ability to write Python and SQL to investigate issues, automate diagnostics, and query and reconcile data across systems.
• Familiarity with production diagnostic tooling (log aggregation, dashboards, monitoring, alerting).
• Strong analytical and problem-solving skills; able to methodically narrow down the source of an issue.
• Ability to communicate effectively with a varied audience, including portfolio managers, traders, quantitative researchers, engineers, and product managers.

Responsibilities

• Partner directly with Portfolio Managers, Traders, and Quantitative Researchers across rates, FX, commodities, equities, and crypto asset classes, serving as their primary point of contact for issues affecting risk and valuation.
• Diagnose and resolve issues affecting our next-generation risk and valuation systems, investigating across the full technology stack: applications, APIs, databases, messaging systems, and the underlying services that they depend on.
• Monitor system and trading issues and prioritize incidents based on their potential impact to trading, portfolio management, and P&L.
• When an issue cannot be resolved directly, identify the appropriate engineering, quantitative, or infrastructure team, and elevate with a clear, reproducible diagnosis that accelerates issue resolution.
• Work closely with Engineering and Product Management teams to identify recurring problems and drive strategic technology solutions.
• Develop tools and scripts in Python to automate diagnostics, investigate issues, analyze data, and improve workflows.
• Build a strong understanding of the firm’s trading and risk infrastructure and the dependencies between systems and underlying services.

Skills

Python

SQL

Financial products knowledge

Trading technology experience

Analytical problem solving

Communication skills

Tools

Log aggregation

Dashboards

Monitoring

APIs

Job description

DRW Holdings, LLC in Chicago seeks a Risk Product Analyst to bridge trading, risk, and technology. This role partners with portfolio managers, traders and researchers to identify, diagnose and resolve issues in risk and valuation systems, using Python to automate diagnostics and improve workflows.

The ideal candidate has deep knowledge of financial products, hands-on production support experience, and strong communication skills to operate across desks and engineering teams.