DRW
Overview
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. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk. Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also expanded into non-traditional strategies: real estate, venture capital and cryptoassets. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus. We are currently seeking a
Junior Risk Manager
to be based in our Chicago office. This position reports to the Head of Equities Risk and is responsible for performing daily risk monitoring of trading portfolios and assisting in the development and enhancement of our risk management framework and tools, with a focus on the equities business. Responsibilities
Work with Risk Managers to calibrate risk parameters and accurately measure desk positions Monitor daily trading activity according to established risk limit frameworks and assess risk exposures Help advance robust approaches to risk management, including defining, building and using the necessary tools and reporting Actively research and stay current on market dynamics, risk factors and real-world drivers of portfolio performance and risk Earn primary coverage responsibilities for a group of desks, and own communication of risk-related information to Traders/Portfolio Managers Required Experience and Skills
Previous risk management experience required; previous experience in trading is a plus Previous experience with Equity Factor Models is required Must have strong quantitative background and substantial data analysis experience Experience using SQL, VBA, Python or R for data analysis and modeling; programming background helpful Intuitive understanding of options pricing models and risk measures Thorough understanding of equities and equities options trading is preferred Experience building tools and reporting for risk or trading Excellent written and verbal communication skills Sound judgment and strong analytical skills; proactive and able to work independently Bachelor's degree required; advanced degree in quantitative field desirable Understanding of the US regulatory framework and experience working with US regulators (e.g., FINRA) preferred SIE and Series 99 certifications are preferred Compensation and Benefits
The annual base salary range for this position is $150,000 to $190,000, depending on experience and qualifications. The position is eligible for an annual discretionary bonus. DRW offers a comprehensive benefits package including group medical, pharmacy, dental and vision insurance, 401k with discretionary employer match, short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts. Privacy and Equal Employment Opportunity
For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice. DRW is an equal employment opportunity employer and does not discriminate on the basis of any protected status. We welcome applicants from all backgrounds.
#J-18808-Ljbffr
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. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk. Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also expanded into non-traditional strategies: real estate, venture capital and cryptoassets. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus. We are currently seeking a
Junior Risk Manager
to be based in our Chicago office. This position reports to the Head of Equities Risk and is responsible for performing daily risk monitoring of trading portfolios and assisting in the development and enhancement of our risk management framework and tools, with a focus on the equities business. Responsibilities
Work with Risk Managers to calibrate risk parameters and accurately measure desk positions Monitor daily trading activity according to established risk limit frameworks and assess risk exposures Help advance robust approaches to risk management, including defining, building and using the necessary tools and reporting Actively research and stay current on market dynamics, risk factors and real-world drivers of portfolio performance and risk Earn primary coverage responsibilities for a group of desks, and own communication of risk-related information to Traders/Portfolio Managers Required Experience and Skills
Previous risk management experience required; previous experience in trading is a plus Previous experience with Equity Factor Models is required Must have strong quantitative background and substantial data analysis experience Experience using SQL, VBA, Python or R for data analysis and modeling; programming background helpful Intuitive understanding of options pricing models and risk measures Thorough understanding of equities and equities options trading is preferred Experience building tools and reporting for risk or trading Excellent written and verbal communication skills Sound judgment and strong analytical skills; proactive and able to work independently Bachelor's degree required; advanced degree in quantitative field desirable Understanding of the US regulatory framework and experience working with US regulators (e.g., FINRA) preferred SIE and Series 99 certifications are preferred Compensation and Benefits
The annual base salary range for this position is $150,000 to $190,000, depending on experience and qualifications. The position is eligible for an annual discretionary bonus. DRW offers a comprehensive benefits package including group medical, pharmacy, dental and vision insurance, 401k with discretionary employer match, short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts. Privacy and Equal Employment Opportunity
For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice. DRW is an equal employment opportunity employer and does not discriminate on the basis of any protected status. We welcome applicants from all backgrounds.
#J-18808-Ljbffr