Cash & Collateral Analyst

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 Cash & Collateral Analyst on our Treasury team, you will be part of a dedicated group responsible for managing various cash, collateral, and liquidity functions across our diverse business lines. This is a unique opportunity for someone who is seeking to enhance their financial acumen within a dynamic and growth-oriented trading firm.

Key Responsibilities

• Process fund transfers and manage daily incoming and outgoing cash in multiple currencies and across various entities.
• Monitor firm-wide liquidity and coordinate rebalancing movements with treasury to manage operational flows.
• Liaise with banks to open new accounts, close retired accounts and address account issues and queries.
• Issue and receive all firm margin calls; validate and reconcile all margin calls in coordination with other teams as necessary.
• Report daily on the firm’s global liquid assets and collaborate with Treasury team members to invest excess cash.
• Project cash/margin requirements and liquidity positions through detailed analysis and financial reporting.
• Prepare ad-hoc reports on cash/liquidity positions and cash usage for senior management.
• Challenge consensus and identify opportunities where we can partner with technology and business stakeholders alike to enhance our platform.

What We’re Looking For

• Minimum of 5 years of experience in cash, collateral, or liquidity management.
• Bachelor’s degree in Finance or Accounting preferred.
• Experience with SWIFT and foreign currency transactions.
• Intermediate knowledge of how various financing/trading instruments are margined including (OTC Rates, FX, Equities, TRS, Repo, Crypto).
• Proficiency with general ledger systems and strong Excel skills.
• Proven ability to deliver improvements to operational processes by partnering with a diverse set of stakeholders, including technology teams.
• Comfortable working in a dynamic and fast-paced trading environment.
• Ability to work collaboratively within a team and communicate effectively at all organizational levels.
• Strong business acumen and excellent analytical and problem-solving skills.
• Exceptional written and verbal communication skills.
• Self-motivated and adept at working independently, with a focus on achieving excellence.

Why Join DRW?

• Be part of a high-performing, innovative, and respectful team.
• Work in a dynamic, growth-oriented trading environment.
• Competitive compensation and benefits package.
• Opportunities for professional growth and development.

If you are passionate about finance and looking to grow your career in a dynamic and innovative trading firm, we would love to hear from you.