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Quantitative Researcher Futures

DRW
Location
add location here
Posted
1 month ago
Department
Equity MidFreq 3
Salary
$150,000 to $250,000
What they actually want (must-haves)
  • 3+ years of experience in quantitative research, systematic trading, or applied ML in financial markets
  • Strong foundation in machine learning, statistics, and optimization with advanced degree (masters/PhD)
  • Proficiency in Python and common data/ML libraries
  • Experience working with time-series data and building predictive models
  • Strong analytical skills and ability to communicate results clearly to trading teams
What the job really is

The Quantitative Researcher Futures role at DRW involves developing and enhancing systematic trading signals using machine learning and statistical methods. The position requires designing non-linear signal frameworks, building regime-aware models, and integrating new data sources into existing systems, while collaborating closely with traders and other quantitative researchers to transition research into live trading.

Benefits
  • Annual base salary range of $150,000 to $250,000
  • Annual discretionary bonus
  • Comprehensive suite of employee benefits including group medical, pharmacy, dental and vision insurance
  • 401k with discretionary employer match
  • Short and long-term disability insurance
  • Life and AD&D insurance
Things to weigh
  • Role requires strong experience in quantitative research and machine learning, which may limit candidates without this background
  • Salary range is quite broad, which may reflect varying expectations based on experience
  • Focus on integrating research into production suggests a fast-paced environment with high expectations
Job score4.6/5
Benefits4/5
Freshness4/5
Career value5/5
Role clarity5/5
Pay transparency5/5

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