Quant jobs / DRW

Product Control Quantitative Lead

A valuation-control role that independently checks option and structured-product pricing models and inputs. Findings go to a valuation committee, and you work with trading, risk, quants and engineers.

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

Verify pricing models and inputs for options valuation
Analyse skew data to choose valuation sources
Test sensitivity to unobservable inputs
Validate new and bespoke instruments with desks and quants
Write valuation and model governance documentation
Specify pricing verification tools with engineers

What they ask for

Required

7+ years in a prop firm, hedge fund, bank or venue
Building and analysing volatility surfaces and skews
Interpolation, extrapolation and smoothing
Python for data and tools
Control-function mindset: challenging assumptions, sensitivity analysis

Preferred

Model validation or governance experience

Education: No degree level stated
Experience: Minimum 7 years of relevant experience
Languages and tools: Python
Markets: options

How to prepare

Build a volatility surface from option quotes and test interpolation choices
Practise sensitivity analysis on pricing inputs
Learn model validation concepts and documentation standards
Study independent price verification (IPV) for derivatives

What to study

The Model Validation Quant roadmap sets out the stages for this kind of role, with free resources for each.

Open the roadmap

Apply

Read the full posting on DRW’s site before applying: requirements, location and pay can change after we check them.

View the posting on DRW’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with DRW and doesn’t handle applications.