Full-Time
Operations Specialist
Diversified global trading and investment leveraging technology.
$90,000 - $115,000
Junior, Mid
New York, NY, USA
- Bachelor's degree (or equivalent), preferably in finance, economics, applied mathematics, physics, engineering, or computer science, or a related quantitative field
- Minimum of 2-3 years of experience in fixed income securities or derivatives middle office, operations or financial control role
- Knowledge of and familiarity with financial markets, fixed income products & derivatives (US Govies, Agencies, Exchange Traded Futures/Options, Swaps, Swaptions)
- Basic knowledge and understanding of 1st order interest rate risk (Duration, Curve) and familiarity with yield curves
- Experience with MarkitWire/streetwide affirmation platforms and Dealer/Prime Broker portals
- SQL/Python/Power Query experience preferred
- Proficiency in Excel and SQL database integration
- Excellent written and verbal communication skills
- Strong organizational skills and attention to detail; ability to independently to analyze problems and synthesize and implement solutions
- Proven track record of process improvement
- Perform daily trade support and implement process improvement to optimize operational control within fixed income & global macro trading businesses
- Ensure accurate trade capture, position management & inventory continuity day to day
- Perform front to back reconciliation of life cycle events for futures, listed options, bonds, repos, interest rate derivatives, FX, equities and equity options
- Gain strong understanding of the settlement process for OTC products
- Perform project management duties as needed, for work between trading team and other internal teams
- Act as a liaison between trading teams and counterparties to resolve pricing/risk/allocation inaccuracies
- Responsible for reconciliation of Risk and P&L
- Monitor trade flow from electronic trading platforms (Bloomberg, TradeWeb, etc.) and Affirmation Platforms (MarkitWire)
- Act as process owner for current functionality and provide critical support regarding enhancements to technology, workflows, and processes including:
- Gaining strong understanding of traders' individual risk management tools and support of related traders' needs
- Upgrading and supporting traders' tools to take advantage of technologies and tools that are firm standard
- Interfacing with technology teams to improve the firm's tools and technology where they fall short of meeting the desk's needs
- Adopting, integrating, and promoting new technology as it becomes available
DRW stands out for its diversified approach to trading and investment, leveraging technology, research, and risk management across multiple asset classes and global markets. The company fosters a culture of high expectations and continuous learning, offering the dynamism of a startup with the stability of an established firm. Employees are encouraged to solve complex problems, with their efforts duly recognized and rewarded, making DRW a compelling place to work for those seeking intellectual stimulation and professional growth.
Company Stage
M&A
Total Funding
N/A
Headquarters
Chicago, Illinois
Founded
2001
6 month growth
↑ 5%1 year growth
↑ 21%2 year growth
↑ 46%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