At a Glance
- Tasks: Execute cryptoasset trading strategies and manage relationships with counterparties.
- Company: Join DRW-Cumberland, a leader in the cryptoasset market with a collaborative culture.
- Benefits: Empowering workplace, creative problem-solving, and opportunities for rapid career growth.
- Why this job: Be at the forefront of cryptoassets and influence the future of trading.
- Qualifications: Strong academic background in quantitative fields and experience in trading.
- Other info: Dynamic environment that values innovation and continuous learning.
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. 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.
Cumberland - a DRW Company is the cryptoasset arm of DRW, established in 2014 after early interest in cryptoassets and their underlying technology. Today, Cumberland is a global leader in cryptoassets, uniquely positioned between the traditional financial markets and the cryptoasset ecosystem. From our offices around the world, we provide 24-hour access to a wide array of cryptoassets while helping the crypto ecosystem grow and evolve in a responsible, sustainable way.
As a Cryptoassets Trader, you will have an opportunity to combine the disciplines of risk management, research and technology to execute cryptoasset trading strategies. You will be tasked with managing counterparty relationships and executing trades. You will work closely with experienced traders, business development teams and quantitative researchers to help identify trading opportunities and manage the cryptoasset portfolio.
What you’ll do in this role:
- Assist with management of OTC trading flow from new and existing counterparties
- Execute cryptoasset trades electronically and manually
- Assist in managing and optimizing the risk of the cryptoasset portfolio
- Work directly with other DRW traders and cryptoasset researchers to gain market knowledge and expertise
- Communicate closely with our other offices on varying workflow initiatives and trades
- Identify and capture current opportunities
- Research and introduce new trading strategies
- Work with a variety of internal teams (research, relationship management, operations, etc.) to ensure proper trade flow and settlement
- Monitor open positions and execution in our trading systems
- Adjust system parameters based on market conditions
- Communicate relevant market events to team members
- Contribute to all aspects of the trading desk activities including position reconciliation, risk management tasks and post-trade analysis
Requirements:
- BS, MS, and/or PhD with strong academic results in Mathematics, Statistics, Physics, Science, Engineering, or Computer Science
- Market making for cryptocurrency on exchange or bilaterally
- Previous screen trading or trading assistant experience
- Strong quantitative and analytical skills
- Meticulous attention to details and accuracy in work
- Excellent verbal and written communication skills, with the ability to effectively interact with counterparties and internal stakeholders
- Ability to adapt in a fast-paced, collaborative, and results-oriented environment, and thrive under time-sensitive and high-pressure situations
- Self-starter with strong proactivity, sets ambitious goals, willingness to drive and own projects, and proactively identifies opportunities for impact
Bonus Points for:
- Experience with liquidity provisioning on DEX
- A passion for cryptoassets and the role they play in global markets
Why Join DRW-Cumberland:
At DRW-Cumberland, we are committed to creating a workplace that inspires and empowers our employees with impactful responsibilities quickly. You will have the opportunity to be creative and entrepreneurial to solve fascinating problems, capture valuable opportunities, and directly influence the future of the business. Our collaborative environment promotes innovation and continuous learning, making DRW-Cumberland a dynamic place to grow your career.
If you are ready to take on this exciting challenge, apply now and become a part of our forward-thinking team at DRW-Cumberland.
Quantitative Trader Crypto employer: DRW
Contact Detail:
DRW Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Quantitative Trader Crypto
✨Tip Number 1
Network like a pro! Reach out to people in the crypto trading space, attend industry events, and connect with professionals on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Tip Number 2
Show off your skills! Create a portfolio showcasing your trading strategies or any relevant projects you've worked on. This is your chance to demonstrate your quantitative prowess and analytical skills, so make sure we can see what you’re capable of!
✨Tip Number 3
Prepare for interviews by brushing up on market trends and current events in the crypto world. We want to see that you’re not just passionate about cryptoassets, but that you also have your finger on the pulse of the market. Knowledge is power!
✨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, it shows us you’re genuinely interested in joining our team at DRW-Cumberland. Let’s make it happen!
We think you need these skills to ace Quantitative Trader Crypto
Some tips for your application 🫡
Show Your Passion for Crypto: When you're writing your application, let your enthusiasm for cryptoassets shine through! We want to see that you’re not just applying for any job, but that you genuinely care about the role and the industry.
Tailor Your CV and Cover Letter: Make sure to customise your CV and cover letter to highlight your relevant skills and experiences. We love seeing how your background in Mathematics, Statistics, or Engineering aligns with what we do at DRW-Cumberland.
Be Clear and Concise: Keep your application straightforward and to the point. We appreciate clarity, so make sure your writing is easy to read and gets straight to the important stuff without unnecessary fluff.
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. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at DRW
✨Know Your Numbers
As a Quantitative Trader, you'll need to demonstrate your strong analytical skills. Brush up on key metrics and trading strategies relevant to cryptoassets. Be prepared to discuss how you would approach risk management and portfolio optimisation.
✨Show Your Passion for Crypto
DRW values a genuine interest in cryptoassets. Make sure to share your thoughts on current trends in the crypto market and any personal projects or research you've undertaken. This will show your enthusiasm and commitment to the field.
✨Communicate Clearly
Excellent communication skills are crucial for this role. Practice articulating complex ideas simply and clearly. You might be asked to explain your thought process behind a trading decision, so being concise and coherent is key.
✨Be Ready to Adapt
The fast-paced nature of trading means adaptability is essential. Prepare examples from your past experiences where you successfully navigated high-pressure situations or quickly pivoted strategies. This will highlight your ability to thrive in a dynamic environment.