Quant jobs / DRW
Senior Quantitative Trader – Futures
A senior trader who owns the P&L of systematic delta-one futures strategies inside a fixed-income, currencies and commodities options business. The strategies run alongside, and hedge, the firm's options book.
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.
- Run and scale systematic futures strategies across rates, FX, commodities and equities
- Build signals and hedging methods that support the options portfolio
- Manage live exposure, volatility and liquidity risk
- Backtest and attribute performance, then iterate on the models
- Work with developers to improve execution
What they ask for
Required
- 7+ years in systematic trading, ideally futures and listed derivatives
- Direct P&L ownership in a quant-driven setting
- Derivatives pricing, volatility and risk modelling
- Signal research and statistical modelling
- Python and large datasets
- Market microstructure and execution
Preferred
- Global futures trading experience
- Options inside systematic futures frameworks
- Portfolio construction and risk budgeting
- Advanced degree in a quantitative field
- Education
- Advanced degree in maths, statistics, physics, engineering or computer science preferred
- Experience
- 7+ years in systematic trading with P&L ownership
- Languages and tools
- Markets
- futures, options, fixed-income, fx, commodities, equities
How to prepare
- Build and document a futures strategy with a full risk and attribution report
- Study how delta hedging interacts with volatility exposure
- Learn execution cost and market impact modelling for futures
- Practise explaining a trading decision and its risk to a desk
What to study
- Market Microstructure and Execution
- Derivatives Pricing and Computational Finance
- Portfolio Theory and Quantitative Investment
- Quantitative Risk Management
- Quantitative Research, Data and Backtesting
The Volatility Quant roadmap sets out the stages for this kind of role, with free resources for each.
Open the roadmapApply
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.
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