Equity Analyst - Special Situations

Responsibilities

• Provide real-time analysis on relevant corporate events, distressed scenarios, capital structure dislocations, and other unique situations
• Work with traders to generate trades around the research process output
• Maintain financial models and valuation scenarios to analyse companies’ performance
• Monitor and build probability distributions for upcoming events to anticipate stock performance and volatility
• Develop catalyst-driven theses around new and existing corporate actions
• Research and propose new strategies adjacent to the desk’s existing playbook
• Work with Software Engineers to develop automated web scrapers and other data analytics tools
• Manage external relationships with sell side research desks, data vendors, and brokers
• Engage with the DRW hiring process in order to help build out the team

Requirements

• Strong understanding of financial markets and the impact of events on company valuations
• Extreme attention to detail and accuracy
• Strong understanding of descriptive statistics
• Coding capability in Python, R, Matlab or similar statistical language
• Ability to synthesize qualitative and sometimes messy quantitative information, from often disparate and incomplete sources
• Experience working with large data sets
• Understanding of options pricing and greeks
• Confident communicator

Pay

The annual base salary range for this position is $150,000 to $250,000 depending on the candidate’s experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus.

Benefits

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.