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Full-Time

Trading Operations Specialist

Commodities

Confirmed live in the last 24 hours

DRW

DRW

1,001-5,000 employees

Diversified trading firm, crypto, real estate investments

Financial Services
Venture Capital

Junior, Mid

Chicago, IL, USA

Category
Quantitative Analysis
Quantitative Trading
Quantitative Finance
Required Skills
Excel/Numbers/Sheets
Requirements
  • 2+ years-experience working in finance or trading
  • Bachelor’s degree in Finance, Economics or another quantitative field, or equivalent practical exposure
  • Demonstrated ability to independently and quickly solve problems under pressure
  • Able to handle sensitive financial data appropriately
  • Strong MS Excel skills
  • Excellent communication and teamwork abilities
  • Adaptability in a fast-paced environment
Responsibilities
  • Provide ownership for and mastery of the processes and workflows needed to support standard operational and trader assistant functions of the firm’s Agricultural and Energy trading desks
  • Trade and position reconciliation with the firm’s clearing firms, prime brokers, and bilateral counterparties
  • Daily P&L calculation and substantiation: while supporting each desk’s preferred method of aggregating and reporting P&L, ensure that such workflow conforms to and integrates with DRW’s standards
  • Gain mastery of the firm’s proprietary and third-party trade capture, inventory management, and P&L reporting systems necessary to support the desks’ activity
  • Act as process super-user for current workflows, resolving issues that may arise between internal groups at DRW and multiple external exchanges, clearers, and counterparties
  • Identify and implement efficiencies within existing processes by leveraging technology to create innovative solutions that enhance workflow, reduce risk, and improve operational performance.
  • Act as process super-user for current systems, providing critical support and advice regarding needed enhancements to technology, workflows, and processes
  • Develop strong understanding of traders’ individual risk management tools and support of related traders’ needs
  • Upgrading and support of traders’ tools to take advantage of technologies and tools that are firm standard
  • Liaise with technical personnel to secure proper support/coverage for ongoing operations as well as procure enhancements for insufficient or new workflows. Focus should always be on process efficiency, risk reduction, and alignment with DRW standards
  • Work closely with Business Liaison team to assure new desks, traders, and products are on-boarded correctly

DRW is a diversified trading firm specializing in liquidity provision across multiple asset classes, such as cryptocurrencies and real estate. The firm's commitment to carbon neutrality exemplifies its dedication to addressing global challenges effectively. With sophisticated technology and a robust risk management system, the company offers a dynamic and relevant working environment that not only contributes to global financial stability but also promotes sustainable practices.

Company Stage

M&A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2001

Growth & Insights
Headcount

6 month growth

9%

1 year growth

9%

2 year growth

9%
Simplify Jobs

Simplify's Take

What believers are saying

  • Working at DRW offers exposure to cutting-edge trading technologies and innovative financial strategies.
  • The company's diversified investment approach provides employees with opportunities to work in various sectors, from trading to real estate and venture capital.
  • DRW's strong emphasis on quantitative research and data-driven decision-making fosters a culture of continuous learning and professional growth.

What critics are saying

  • The highly competitive nature of the trading industry means that DRW must constantly innovate to stay ahead.
  • Market volatility and economic downturns can significantly impact the company's trading performance and profitability.

What makes DRW unique

  • DRW's proprietary trading strategies and technology-driven approach set it apart from traditional financial firms.
  • The company's focus on quantitative research and algorithmic trading provides a competitive edge in the fast-paced financial markets.
  • DRW's diversified portfolio, including real estate and venture capital investments, distinguishes it from other trading firms that may focus solely on financial markets.

Benefits

Daily catered breakfast & lunch

Massages

Social events

Gym subsidy

Flexible work arrangements

Monthly tastings

Game room

On-site yoga classes and meditation

Employee led affinity groups

Mentor/mentee outings

Trivia nights

Educational opportunities

DRW-sponsored sports teams

Poker tournament

Private mother's suite