Trade Support Specialist - Middle Office

Chicago · On-site$100k – $125k

About this 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.

As a Trade Support Specialist, you’ll provide middle office support to a group of trading desks based in Chicago. This is an opportunity to solve challenging problems while working closely with experienced traders, researchers and software engineers to optimize operational workflow and use the right tools and technology for the job.

Responsibilities:

  • Provide operational and technical support for the firm’s equity options trading desks
  • Trade capture for all products related to the desks’ activity: futures/futures options, equities/equity options, index options
  • Trade and position reconciliation with the firm’s clearing houses and brokers
  • Daily P&L calculation and substantiation
  • Working knowledge and experience in derivatives
  • Gain mastery of the firm’s proprietary trade capture, inventory management, treasury management, and risk management systems necessary to support the desks’ activity
  • Act as process owner for current functionality and provide critical support and advice regarding needed enhancements to technology, workflows, and processes:
    • Gain a strong understanding of traders’ risk management tools and provide support for related traders’ needs
    • Upgrade and support traders’ tools to effectively utilize technologies and tools that are firm standard
    • Interface with technology to improve tools where they fall short of meeting the desks’ needs
    • Adopt, integrate, and promote new technology as it becomes available

 Requirements:

  • Strong interest in, and working knowledge of equities and derivatives
  • Experience with Version Control, Git, Python, Cron, Linux
  • Proven experience automating or improving workflows using Python
  • 3+ years of experience in the front office, middle office, back office, or risk management roles working with exchange-traded and over-the-counter products and derivatives
  • Substantial prior interaction with the front office and senior management in an active trading environment
  • Bachelor’s degree in computer science, finance, economics, math, or another quantitative field or material equivalent exposure
  • Demonstrated ability to work independently
  • Demonstrated ability to analyze problems and synthesize and implement solutions

The annual base salary range for this position is $100,000 to $125,000 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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Company at a glance

At DRW, we identify and capture trading and investment opportunities globally. What sets us apart is our diversified approach—trading across many asset classes and instruments, in markets around the world, with horizons from seconds to years. We succeed by leveraging technology, research and risk management.

We offer the best of both worlds: the opportunity and spirit of a startup and the benefits and stability of an established, experienced firm. Our employees work hard to solve interesting problems, and their results are rewarded. We value continuous learning—from our outcomes, from the environment and from each other. It’s a place of high expectations, deep curiosity, and constant collaboration, with some of the smartest, most passionate people you’ll meet.
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Chez DRW, nous identifions et saisissons les opportunités de négociation et d'investissement au niveau mondial. Ce qui nous différencie, c'est notre approche diversifiée : nous négocions sur de nombreuses classes d'actifs et d'instruments, sur des marchés du monde entier, avec des horizons allant de quelques secondes à plusieurs années. Nous réussissons en nous appuyant sur la technologie, la recherche et la gestion des risques. Nous offrons le meilleur des deux mondes: les opportunités et l'ésprit d’une entreprise en démarrage, et les avantages et la stabilité d'une entreprise établie et expérimentée. Nos employés travaillent dur pour résoudre des problèmes intéressants et leurs résultats sont récompensés. Nous valorisons l'apprentissage continu – de nos résultats, de l’environnement et de chacun de nous. C’est un lieu où les attentes sont élevées, la curiosité est profonde et la collaboration est constante, et où l’on retrouve quelques-uns des individus les plus intelligents et les plus passionnés que vous puissiez rencontrer.

Team Size1,001-5,000 employees
WorkspaceOn-site
IndustryFinancial Services
Location
Chicago, Illinois, United States

Top Benefits

  • Group Medical Insurance
  • Pharmacy Insurance
  • Dental Insurance
  • Vision Insurance
  • 401k With Discretionary Employer Match
  • Short-term Disability
  • Long-term Disability
  • Life Insurance
  • AD&D Insurance
  • Health Savings Accounts
  • Flexible Spending Accounts

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