At a Glance
- Tasks: Analyse macroeconomic trends and provide insights for trading strategies.
- 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: Collaborate with traders and software engineers in a supportive, high-expectation environment.
- Why this job: Make a real impact by translating research into actionable trades in a fast-paced market.
- Qualifications: Strong financial market knowledge, coding skills in R or Python, and attention to detail.
The predicted salary is between 36000 - 60000 € 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.
DRW is looking to bring on a Macro Analyst to join the London based research team. The role will be to work primarily with the Equity teams, however, DRW, as a multi-asset proprietary trading firm, provides the opportunity to collaborate in a wide range of products as well. The goal is to work with trading teams to provide insight into Delta 1 and volatility pricing as well as the structuring of trades. As a Macro Analyst, you will be responsible for understanding the current environment and market drivers and translating that into a forward-looking view. We are looking for a results driven individual who enjoys the challenge of understanding a situation in a much greater level of detail than anyone else in the market.
In addition to providing daily research updates and real-time coverage for the traders, this role will be an opportunity to build a scalable process which can extend to sectors, indices, and cross asset coverage. Another responsibility will be liaising with external data vendors to evaluate their products and working with software developers to implement a suitable database on which trade ideas can be generated. Understanding the impact of events on derivatives markets will be a key driver of success. This is a rare opportunity to be in a research role where ideas can be translated into trades quickly and efficiently and a chance to be associated with the resulting revenue stream.
Responsibilities- Provide real-time analysis on relevant macro stories and headlines
- Work with traders to structure trades around the research process output
- Develop sector wide themes and macroeconomic thesis
- Maintain dividend and earnings calendars
- Create implied probability distributions around important events
- Work with Software Engineers to develop automated web scrapers and other data analytics tools
- Manage external relationships with investor relations teams, sell side research desks and data vendors
- Engage with the DRW hiring process in order to help build out the team
- Strong understanding of financial markets and global macro themes
- Extreme attention to detail and accuracy
- Strong understanding of descriptive statistics
- Coding capability in R, Python, Matlab or similar statistical language
- Ability to synthesize qualitative and sometimes messy quantitative information, from often disparate and incomplete sources
- Experience working with large data sets
- Understanding of options pricing and greeks
Macro Analyst employer: DRW
DRW is an exceptional employer that fosters a culture of innovation and integrity, providing Macro Analysts with the unique opportunity to work in a dynamic environment in London. With a focus on autonomy and collaboration across diverse asset classes, employees benefit from continuous learning and growth opportunities while contributing to impactful trading strategies. The firm values curiosity and respect, ensuring that every team member can thrive and make meaningful contributions to the company's success.
StudySmarter Expert Advice🤫
We think this is how you could land Macro Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at DRW or similar firms. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by diving deep into macroeconomic trends and current market events. Show us you’re not just knowledgeable but passionate about the financial world and how it impacts trading.
✨Tip Number 3
Practice your coding skills! Brush up on R, Python, or Matlab, as these will be crucial in your role. We want to see you can turn data into actionable insights quickly.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who take the initiative!
We think you need these skills to ace Macro Analyst
Some tips for your application 🫡
Show Your Passion for Markets:When writing your application, let your enthusiasm for financial markets and macroeconomic themes shine through. We want to see that you’re not just knowledgeable but genuinely excited about the world of trading and analysis.
Be Detail-Oriented:Given the importance of accuracy in this role, make sure your application is free from typos and errors. Highlight your attention to detail by providing clear examples of how you've successfully managed complex data or projects in the past.
Demonstrate Your Analytical Skills:Use your written application to showcase your analytical prowess. Discuss specific instances where you've synthesised information from various sources to draw insightful conclusions, especially in relation to market trends or trading strategies.
Apply Through Our Website:We encourage you to apply directly through our website. This ensures your application gets to the right people quickly and allows us to see your interest in joining our team at DRW. Don’t miss out on this opportunity!
How to prepare for a job interview at DRW
✨Know Your Macro
Make sure you brush up on your understanding of global macroeconomic themes and financial markets. Be prepared to discuss current events and how they impact various asset classes, especially equities. This will show that you’re not just knowledgeable but also genuinely interested in the role.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess by discussing past experiences where you synthesised complex data into actionable insights. Bring examples of how you've used coding languages like R or Python to analyse large datasets, as this is crucial for the Macro Analyst position.
✨Engage with Real-Time Analysis
Since the role involves providing real-time analysis, practice articulating your thoughts on recent market movements or macro stories. You might be asked to give your perspective on a current event during the interview, so stay updated and ready to share your insights.
✨Build Relationships
Highlight your experience in managing external relationships, whether with data vendors or research teams. DRW values collaboration, so be ready to discuss how you’ve successfully liaised with others to achieve common goals in previous roles.
