Quantitative Researcher

50 minutes agoSalary: 250K - 300KChicago, New York City Research Jobs by DRW

Skills

Algorithmic Trading C#Control Data Analysis Data Modeling Execution Machine Learning Mathematics Matlab Optimization Python R Risk Management Signal Processing Statistics

Candidate Availability

Austin · Preferred Chicago · Preferred Greenwich · Preferred Houston · Preferred New York · Preferred Chicago · Required New York City · Required United States · Required

Required and preferred rules are kept separate and reflect the wording in the original posting.

About the Role

You develop mathematical models using statistical learning methods to build automated trading strategies across asset classes. You analyze market data, extract predictive signals, translate research strategies into production software, optimize execution and risk management, and prototype algorithmic trades.

Requirements

Technical degree focused on statistics, machine learning, signal processing, optimization and control
Graduation between December 2026 and August 2027
Experience handling large datasets
Programming expertise in Python, R, MATLAB or C++
Hands-on experience applying machine learning algorithms to real-world problems
Strong problem-solving and statistics skills
Ability to lead assignments and deliver research results promptly

Responsibilities

Extract predictive signals from financial data
Assist software developers in translating research strategies into production software
Optimize order execution and risk management
Create solutions to trading-environment problems
Apply mathematical modeling techniques to trading strategies
Automate human-decision-based trading strategies
Prototype algorithmic trades from trading ideas

Benefits

Group medical insurance
Pharmacy insurance
Dental insurance
Vision insurance
401k with discretionary employer match
Short-term disability insurance
Long-term disability insurance
Life insurance
AD&D insurance
Health savings accounts
Flexible spending accounts