About the role
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.
DRW is seeking a senior investment professional responsible for leading the design and implementation of derivative investment strategies and portfolio construction across crypto markets. Requires deep options expertise combined with a holistic understanding of crypto trading, portfolio construction, asset allocation, and fiduciary responsibility. Operates across OTC, CEX, and DeFi implementations.
Core Responsibility Areas
- Portfolio Construction — Strategy design, mandate management aligned, liquidity management, and fiduciary oversight.
- Options & Derivatives Strategy — Design and implement options strategies (yield enhancement, hedging, vol capture, delta-neutral, structured products), multi-venue execution (OTC, CEX, DeFi), exotic/vanilla pricing expertise, real-time Greeks management, and bespoke OTC structuring
- Quantitative Analysis & Research — Proprietary model development (pricing, implied vol, risk), volatility forecasting frameworks, backtesting and validation, performance attribution, and ongoing academic/practitioner research engagement
- DeFi & On-Chain Strategy: DeFi yield and hedging opportunities, smart contract risk assessment, on-chain data integration, vault-based and AMM strategies, and DeFi-specific risk monitoring
- Risk Management & Compliance: VaR, stress testing, scenario analysis, drawdown and liquidity monitoring, counterparty credit risk, regulatory compliance, and institutional-standard documentation
- Team Development & Leadership: Mentoring junior team members, fostering intellectual rigour, and contributing to operational infrastructure and scaling
Key Requirements:
- Experience: 10+ years in trading; ideally 4+ years managing crypto portfolios; proven options/derivatives track record; OTC, CEX & DeFi experience
- Education: Quantitative degree required (Maths, Physics, CS, Financial Engineering, Stats, Economics); Master's/PhD; CFA/FRM/CQF advantageous
- Quant Skills: Options pricing theory; proficient programmer; experience with quantitative libraries; familiar with PMS/RMS/OMS platforms
- Crypto Knowledge: Blockchain analytics tools; on-chain data sources; smart contract mechanics; DeFi protocol evaluation
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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Aplyr's read
DRW is a dynamic proprietary trading firm where technology and quantitative research drive innovation across diverse asset classes. Ideal for tech-savvy finance professionals.
What's promising
- •DRW offers a tech-driven environment focusing on quantitative research for trading.
- •The firm provides opportunities in diverse asset classes, including equities and derivatives.
- •DRW is known for hiring skilled engineers and researchers, emphasizing innovation.
What to watch
- •The proprietary trading model may involve high-pressure environments with significant performance expectations.
- •Limited public information about the company's work-life balance and employee satisfaction.
- •The fast-paced nature of trading may not suit everyone, especially those new to finance.
Why DRW
- •DRW integrates cutting-edge technology with trading strategies, setting it apart in the financial sector.
- •The firm actively invests in machine learning and data engineering roles.
- •DRW's focus on diverse asset classes offers varied career paths for specialists.
Aplyr’s read is generated by AI from public sources. Was it useful?
About DRW
DRW Trading is a proprietary trading firm that engages in trading across various asset classes, including equities, fixed income, and derivatives. The firm leverages technology and quantitative research to drive its trading strategies.
