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Full-Time

Quantitative Researcher

Confirmed live in the last 24 hours

DRW

DRW

1,001-5,000 employees

Proprietary trading and risk management firm

Quantitative Finance
Financial Services

Entry

Chicago, IL, USA

Category
Quantitative Research
Quantitative Finance
Required Skills
Python
R
MATLAB
C/C++
Requirements
  • A degree in a technical discipline with a focus on statistics, machine learning, signal processing, optimization and control graduating between December 2024 and August 2025 (Bachelor’s, Master’s, PhD)
  • Expertise in programming using Python, R, MATLAB, or C++ for conducting research
  • Significant hands-on experience applying machine learning algorithms to real world problems
  • Strong problem-solving and statistics skills
  • The proactive ability to take the lead on assignments and deliver practical research results in a timely manner
Responsibilities
  • 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

RGM Advisors engages in proprietary trading, using its own capital to participate in various financial markets. The firm employs advanced technology and data analytics to develop trading strategies that manage risk while aiming for high returns. By focusing on institutional clients such as hedge funds and investment banks, RGM Advisors operates with greater flexibility compared to firms that manage client funds. Revenue is generated through trading profits, utilizing sophisticated algorithms and market-making strategies. The company distinguishes itself with a global presence and a commitment to attracting top talent, providing them with the tools needed to excel and rewarding exceptional performance.

Company Stage

M&A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2001

Growth & Insights
Headcount

6 month growth

7%

1 year growth

7%

2 year growth

7%
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.

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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