Impress employers and recruiters.
Choose from hundreds of resume examples.

Target Resume Now

About the Role

As a Quantitative Researcher, you will develop mathematical models using advanced statistical learning methods to build automated trading strategies across multiple asset classes. You will have access to clean data, compute resources, and the support of experienced researchers, traders, and software developers. We provide training for success in this role, and no prior financial market experience is required.

Responsibilities

Extract predictive signals from financial data using traditional statistical analysis and machine learning techniques.
Assist software developers in translating research strategies into production software.
Optimize order execution and risk management of the trading system.
Create robust solutions for challenges within the trading environment.
Formulate and apply mathematical modeling techniques to enhance trading strategies and conduct research for new trading opportunities.
Automate human-decision based trading strategies and prototype algorithmic trades.

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).
Curiosity for model development and experience handling large datasets.
Expertise in programming using Python, R, MATLAB, or C++ for research.
Ability to advocate for beliefs concisely and effectively within a team.
Significant hands-on experience applying machine learning algorithms to real-world problems.
Strong problem-solving and statistics skills.
Proactive ability to lead assignments and deliver practical research results in a timely manner.

Skills

Statistical analysis
Machine learning
Mathematical modeling
Python
R
MATLAB
C++
Problem-solving
Statistics

Location

Chicago

Work Type

Full-time

Experience Level

Entry-level

Education Level

Bachelor's Degree
Master's Degree
PhD

Salary/Compensations

$250,000 to $300,000

Benefits

Annual discretionary bonus
Group medical insurance
Pharmacy insurance
Dental insurance
Vision insurance
401k with discretionary employer match
Short-term disability insurance
Long-term disability insurance
Life insurance
Accidental Death & Dismemberment (AD&D) insurance
Health Savings Accounts (HSAs)
Flexible Spending Accounts (FSAs)

About the Company

DRW is a diversified trading firm with over 3 decades of experience, combining technology and people to operate in global markets.
The firm operates using its own capital and trading at its own risk, valuing autonomy and the ability to pivot quickly.
Headquartered in Chicago with global offices, DRW trades Fixed Income, ETFs, Equities, FX, Commodities, and Energy.
DRW has expanded into real estate, venture capital, and cryptoassets.
The company culture emphasizes respect, curiosity, open minds, high expectations, integrity, innovation, and challenging consensus.

Equal Opportunity

For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice.
California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.