At a Glance
- Tasks: Analyse and improve trading strategies while managing live market algorithms.
- Company: Join DRW, a leading trading firm with a culture of innovation and integrity.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Other info: Collaborative team atmosphere with a focus on continuous learning and development.
- Why this job: Make an impact in volatility markets using your quantitative skills and creativity.
- Qualifications: 1-2 years in trading or quantitative analysis; strong maths or computer science background.
The predicted salary is between 50000 - 70000 € per year.
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.
We are looking for a Quantitative Trading Analyst (QTA) to join a volatility-focused trading team. This role is ideal for candidates with 1–2 years of experience in trading, quantitative research, market making, or systematic strategies who are interested in applying quantitative thinking to volatility markets. Prior experience across a variety of asset classes is welcome — including equities, rates, credit and FX.
What you’ll do:
- Analyze, improve and implement trading strategies
- Develop and maintain quantitative models, analytics, and trading tools
- Analyze large datasets to identify market opportunities, inefficiencies, and risk exposures
- Actively manage live market trading algorithms
- Provide liquidity in options via systematic algos and voice in IDB markets
- Conduct research into volatility dynamics, pricing, and market microstructure
- Collaborate with technology teams to improve trading infrastructure and automation
- Support new product and market expansion initiatives across asset classes
What we’re looking for:
- 1–2 years of experience in trading, quantitative analysis, research, or a related role
- Strong academic background in mathematics, physics, computer science, engineering, or a similarly quantitative discipline
- Excellent quantitative and analytical problem-solving skills
- Strong understanding of probability, statistics, and market behavior
- Proficiency in Python; experience with SQL, R, or C++ is a plus
- Intellectual curiosity and a genuine interest in financial markets and volatility products
- Ability to work in a fast-paced, collaborative environment
- Strong communication skills and attention to detail
- Experience working with derivatives or volatility products
- Familiarity with options pricing, Greeks, or volatility surface analysis
- Experience handling large market datasets or building research pipelines
Quantitative Trading Analyst in London employer: DRW Holdings, LLC.
DRW is an exceptional employer that fosters a culture of innovation and integrity, making it an ideal place for a Quantitative Trading Analyst to thrive. With a commitment to employee growth, we offer opportunities to work on cutting-edge trading strategies and collaborate with talented teams in a dynamic environment. Our Chicago headquarters provides a vibrant backdrop for professional development, where autonomy and curiosity are highly valued, ensuring that every team member can make a meaningful impact.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Trading Analyst in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that dream role.
✨Tip Number 2
Prepare for interviews by brushing up on your quantitative skills and market knowledge. We recommend doing mock interviews with friends or using online platforms to get comfortable with common questions and scenarios.
✨Tip Number 3
Showcase your projects! If you've worked on any trading strategies or quantitative models, make sure to discuss them during interviews. We love seeing real-world applications of your skills and how you think.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we’re always looking for passionate candidates who are eager to join our team.
We think you need these skills to ace Quantitative Trading Analyst in London
Some tips for your application 🫡
Show Off Your Skills:Make sure to highlight your quantitative skills and any relevant experience in trading or research. We want to see how you can apply your knowledge to the role, so don’t hold back!
Tailor Your Application:Take a moment to customise your application for the Quantitative Trading Analyst position. Mention specific experiences that relate to volatility markets and the asset classes we trade. It shows us you’re genuinely interested!
Be Clear and Concise:When writing your application, keep it clear and to the point. We appreciate well-structured responses that get straight to the heart of your qualifications and motivations.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. We can’t wait to hear from you!
How to prepare for a job interview at DRW Holdings, LLC.
✨Know Your Numbers
Brush up on your quantitative skills and be ready to discuss specific models or strategies you've worked on. DRW values analytical problem-solving, so prepare to explain how you approach data analysis and trading strategies.
✨Show Your Curiosity
Demonstrate your genuine interest in financial markets and volatility products. Be prepared to discuss recent market trends or news that excite you, and how they relate to the role of a Quantitative Trading Analyst.
✨Communicate Clearly
Strong communication skills are key. Practice explaining complex concepts in simple terms, as you'll need to collaborate with both technical and non-technical teams. Think about how you can convey your ideas effectively during the interview.
✨Prepare for Technical Questions
Expect technical questions related to probability, statistics, and market behaviour. Brush up on your knowledge of options pricing and Greeks, and be ready to tackle problems on the spot. This will showcase your expertise and readiness for the role.