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.

DRW is looking for Quantitative Researchers to join our expanding Mid-Frequency Systematic Trading team in New York City.

Responsibilities

• Apply statistical and machine learning methods across diverse datasets to build trading models that capture novel signals in market behavior.
• You will contribute across the full strategy lifecycle — from alpha research and signal generation to portfolio optimization and execution logic.
• You will prototype new ideas, investigate strategy components, and write production-quality code to bring them to life.
• We're a highly collaborative team that moves quickly and holds a high bar for rigor. We invest in mentorship and hands-on guidance to help you ramp up and grow.

Qualifications

• 2+ years of prior work experience in statistical arbitrage or systematic trading research
• Proven ability to conduct research with large, noisy real-world datasets
• Strong programming skills, with proficiency in Python for data analysis and machine learning. Experience with C++ a plus but not required
• Degree in a quantitative or technical discipline, such as statistics, computer science, physics, mathematics or economics. All levels welcome, from bachelor's to doctorate
• Deep-diving, detail-oriented thinker with a strong bias for action and ability to excel in a fast-paced environment
• Ability to own and drive open-ended problems, explore novel approaches, and communicate complex ideas clearly

The annual base salary range for this position is $200,000 to $300,000 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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