Quant jobs / DRW

Risk Manager – Equities

An independent market-risk role overseeing equities, ETF, derivatives and crypto trading at a proprietary firm. You report to the head of equities risk and challenge traders on risk-taking.

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.

Monitor positions, exposures and concentrations across trading desks
Oversee pre-trade and real-time risk controls on electronic strategies
Run stress tests and scenario analyses on options and derivatives books
Challenge hedging approaches and risk assumptions
Handle risk queries from clearing firms, exchanges and regulators

What they ask for

Required

5+ years in market or portfolio risk at a prop firm, market maker or hedge fund
EU investment-firm regulation and regulator contact
Python, SQL or R
Options, volatility and derivatives knowledge
Risk for electronic and market-making businesses
ETF market structure, factor models and execution risk

Education: Not stated
Experience: 5+ years in market or trading risk management
Languages and tools: Python
SQL
R
Markets: equities, options, crypto

How to prepare

Build a Python stress-testing and scenario report for an options book
Learn factor models and how to attribute portfolio risk
Study pre-trade risk controls, such as limits and kill switches
Read about EU investment-firm risk regulation

What to study

The Risk 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.