Jobs · Research · New York

Quantitative Researcher

DRW · New York, NY · Yesterday
On-siteResearch$250k–$300k/yrFull-time

How You Will Make An Impact

  • Extract predictive signals from financial data through both traditional statistical analysis methods and cutting edge machine learning techniques
  • Assist software developers to translate research strategies into production software
  • Optimize the order execution and risk management of our trading system
  • Create robust solutions to problems presented in the trading environment
  • Formulate and apply mathematical modeling techniques to enhance existing trading strategies and perform innovative new research with the goal of identifying and capturing trading opportunities
  • Automate human-decision based trading strategies; prototype algorithmic trades from trading ideas

Requirements

A degree in a technical discipline with a focus on statistics, machine learning, signal processing, optimization and control graduating between December 2026 and August 2027 (Bachelor’s, Master’s, PhD)

Expertise in programming using Python, R, MATLAB, or C++ for conducting research

The proactive ability to take the lead on assignments and deliver practical research results in a timely manner

Qualifications

Significant hands-on experience applying machine learning algorithms to real world problems

Strong problem-solving and statistics skills

Benefits

Annual base salary range: $250,000 to $300,000

Eligible for an annual discretionary bonus

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
  • Flexible spending accounts

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