Quantitative Trader - Futures

Key Responsibilities

• Design, develop, and deploy systematic delta-one futures trading strategies across global markets (rates, FX, commodities, equities)
• Build and refine delta-driven signal generation frameworks to support both standalone futures strategies and options portfolios
• Implement robust futures-based hedging methodologies to optimize portfolio risk across the FICCO options business
• Develop and execute directional options overlays grounded in quantitative futures signals
• Understand and manage risk across live strategies, including exposure, volatility, liquidity, and cross-asset correlations
• Partner closely with developers and trading infrastructure teams to productionize models and optimize execution
• Conduct rigorous research, backtesting, and performance attribution analysis
• Continuously iterate on models to improve signal quality, scalability, and capital efficiency
• Contribute to portfolio construction and capital allocation decisions within the FICCO platform

Qualifications

• 7+ years of experience in systematic trading, preferably in futures and listed derivatives
• Proven track record of direct PnL ownership in a quant-driven trading environment
• Strong understanding of derivatives pricing, volatility dynamics, and risk modeling
• Deep experience in signal research, statistical modeling, and alpha generation
• Fluency in Python and experience working with large-scale datasets
• Strong knowledge of market microstructure and execution optimization
• Ability to independently drive research while collaborating effectively within a trading team

Preferred Background

• Experience trading across global futures markets (equities, rates, commodities, FX)
• Experience integrating options strategies within systematic futures frameworks
• Familiarity with portfolio construction, capital allocation, and risk budgeting models
• Experience working within or alongside an options trading desk
• Advanced degree in Mathematics, Statistics, Physics, Engineering, Computer Science, or related field

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.