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DRW

Trading Operations Specialist

Reposted 12 Days Ago
Hybrid
Chicago, IL
100K-165K
Mid level
Hybrid
Chicago, IL
100K-165K
Mid level
The Trading Operations Specialist supports trading desks by enhancing operational workflows, utilizing trading tools, and managing trade reconciliation and risk management systems.
The summary above was generated by AI

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 leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.

We operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters–it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.

As a Trading Operations Specialist, you’ll provide support to a group of trading desks based in Chicago. This is an opportunity to solve challenging problems while working closely with experienced traders, researchers and software engineers to optimize operational workflow and use the right tools and technology for the job.

Responsibilities:

  • Act as process owner for current functionality and provide critical support and advice regarding needed enhancements to technology, workflows, and processes:
    • Gain strong understanding of traders’ individual risk management tools and provide support for related traders’ needs
    • Upgrade and support traders’ tools to effectively utilize technologies and tools that are firm standard
    • Interface with technology to improve tools where they fall short of meeting the desks’ needs
    • Adopt, integrate, and promote new technology as it becomes available
  • Gain mastery of the firm’s proprietary trade capture, inventory management, treasury management, and risk management systems necessary to support products related to the desks’ activity: futures/futures options
  • Trade and position reconciliation with the firm’s clearing houses, counterparties, and brokers
  • Daily P&L calculation and substantiation
  • Provide operational support for the firm’s Agricultural Options desk

 Requirements:

  • Requirements:

    • Proficient in Python, Git, SQL, Linux (plus)
    • Experience or working knowledge of options theory and derivatives.
    • Strong interest or working knowledge and experience in Agricultural products
    • 2-3 years of experience in the front office, middle office, back office, or risk management roles working with exchange-traded and over-the-counter products and derivatives
    • Bachelor’s degree in computer science, math, or another quantitative field or material equivalent exposure
    • Substantial prior interaction with the front office and senior management in an active trading environment
    • Demonstrated ability to work independently
    • Demonstrated ability to analyze problems and synthesize and implement solutions

The annual base salary range for this position is $100,000 to $165,000 depending on the candidate’s experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus.  In addition, DRW offers a comprehensive suite of employee benefits 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.

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.

California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.

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Top Skills

Python
SQL
Vb/Vba
HQ

DRW Chicago, Illinois, USA Office

DRW Chicago Office Office

Situated in Chicago's thriving West Loop, our HQ is convenient for Metra and CTA riders alike - and foodies looking for a bite on "Restaurant Row."

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