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Jobright.ai

Junior Quantitative Researcher

Jobright.ai, Chicago, Illinois, United States, 60290

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Jobright.ai Get AI-powered advice on this job and more exclusive features. Jobright is an AI-powered career platform that helps job seekers discover the top opportunities in the US. We are NOT a staffing agency. Jobright does not hire directly for these positions. We connect you with verified openings from employers you can trust. Job Summary: DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. As a Quantitative Researcher, you will develop mathematical models and conduct quantitative analysis to build automated trading strategies while collaborating with a research team. 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 Qualifications: Required: • A degree in a technical discipline with a focus on statistics, machine learning, signal processing, optimization and control graduating between December 2025 and August 2026 (Bachelor’s, Master’s, PhD) • A curiosity for model development and experience handling large data sets • Expertise in programming using Python, R, MATLAB, or C++ for conducting research • Can advocate for your beliefs in a concise and effective way with the team • 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 Company: DRW is a diversified trading firm that combines technology, research, and risk management to capture trading and investment opportunities. Founded in 1992, the company is headquartered in Chicago, Illinois, USA, with a team of 1001-5000 employees. The company is currently Late Stage. DRW has a track record of offering H1B sponsorships. Seniority level

Seniority level Entry level Employment type

Employment type Full-time Job function

Industries Software Development Referrals increase your chances of interviewing at Jobright.ai by 2x Inferred from the description for this job

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