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Quantitative Researcher

DRW
🇺🇸Chicago🇺🇸New YorkStudentFull-time$250k–$300kPosted July 13, 2026

About the Role

As a Quantitative Researcher, you will develop mathematical models using advanced statistical learning methods to build automated trading strategies across multiple asset classes. Our research team collaborates on idea generation and strategy development, while encouraging independent exploration and original approaches. You will have access to clean data integrated with compute resources and the support of experienced researchers, traders and dedicated software developers.

  • 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
  • Automate human-decision based trading strategies and prototype algorithmic trades

Requirements

  • A degree in a technical discipline with a focus on statistics, machine learning, signal processing, optimization and control graduating between December 2026 and August 2027 (Bachelor's, Master's, PhD)
  • A curiosity for model development and experience handling large data sets
  • 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

What You'll Get

  • $250k–$300k base salary
  • 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
  • Flexible spending accounts
  • Training to be successful in the role