Internship

Accounting Intern

Posted on 7/19/2023

DRW

DRW

1,001-5,000 employees

Proprietary trading and risk management firm

No salary listed

Chicago, IL, USA

Category
Quantitative Finance
Accounting
Connection
Connection
Connection
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Requirements
  • Working toward an Accounting degree (strongly preferred) and have an expected graduation date between December 2024 and June 2026
  • Able to communicate effectively and work well in teams
  • Strongly proficient in use of Excel (preferred)
  • Knowledgeable in GAAP
  • Self-motivated and enjoy challenges and responsibility
  • Very detail-oriented and possess strong analytical skills
Responsibilities
  • Perform daily General Ledger functions such as cash and trading account reconciliation, booking depreciation, and income and expense accruals
  • Perform regulatory compliance calculations
  • Work with Fixed Asset ledger
  • Assist with preparation and review of monthly financial statements
  • Interface directly with Operations to resolve balancing differences
  • Analyze and review performance metrics
  • Assist Accounts Payable in 5-day payables and accrual close process
  • Create ad-hoc reports as needed

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. RGM Advisors primarily serves institutional clients, such as hedge funds and investment banks, allowing for a flexible approach to trading since it does not manage clients' funds. Revenue is generated through trading profits, utilizing sophisticated algorithms and market-making strategies. The company distinguishes itself with a global presence and a strong focus on attracting top talent, providing them with the tools needed to excel and rewarding exceptional performance.

Company Size

1,001-5,000

Company Stage

M&A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2001

Simplify Jobs

Simplify's Take

What believers are saying

  • Machine learning algorithms enhance predictive accuracy and risk management in trading.
  • DeFi platforms offer new opportunities for higher returns in crypto-assets.
  • Quantum computing revolutionizes trading strategies with faster, complex data analysis.

What critics are saying

  • Increased competition from algorithmic trading firms may erode DRW's market share.
  • Cryptocurrency market volatility poses risks to DRW's crypto-assets strategy.
  • Talent war in tech and finance sectors may impact DRW's ability to retain top talent.

What makes DRW unique

  • DRW combines technology, research, and risk management for diversified trading opportunities.
  • They operate using their own capital, allowing quick pivots to capture opportunities.
  • DRW has expanded into real estate, venture capital, and crypto-assets.

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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

INACTIVE