At a Glance
- Tasks: Analyse macroeconomic trends and provide insights for trading strategies.
- Company: DRW, a leading trading firm with a focus on innovation and collaboration.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Other info: Collaborate with traders and software developers in a supportive, high-expectation culture.
- Why this job: Join a fast-paced team where your insights can directly influence trading decisions.
- Qualifications: Strong grasp of financial markets, coding skills in R or Python, and attention to detail.
The predicted salary is between 60000 - 80000 £ 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
Requirements
- 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
- Confident communicator
Macro Analyst - Event Driven employer: Job Search Place Limited
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 London-based environment. With a strong emphasis on autonomy and collaboration across diverse asset classes, employees are encouraged to develop their skills and contribute to impactful trading strategies. The firm values curiosity and open-mindedness, ensuring that team members can thrive while engaging in meaningful work that directly influences revenue generation.
StudySmarter Expert Advice🤫
We think this is how you could land Macro Analyst - Event Driven
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to current employees at DRW. A friendly chat can sometimes lead to opportunities that aren’t even advertised.
✨Show Off Your Skills
When you get the chance to meet potential employers, make sure to highlight your coding skills and understanding of financial markets. Bring examples of your work or projects that demonstrate your analytical abilities. We want to see how you think!
✨Stay Informed
Keep up with the latest macroeconomic news and trends. Being able to discuss current events and their impact on the markets will show that you’re not just knowledgeable but also passionate about the role. It’s all about that forward-looking view!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining the DRW team. Let’s make it happen!
We think you need these skills to ace Macro Analyst - Event Driven
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 role and the impact you can make.
Be Detail-Oriented:Given the importance of accuracy in this role, make sure your application is free from typos and errors. We appreciate candidates who pay attention to detail, so double-check your work before hitting send!
Highlight Relevant Skills:Make sure to showcase your coding skills and experience with data analysis tools like R or Python. We’re looking for someone who can handle large datasets and synthesise complex information, so don’t hold back on your technical abilities.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re proactive and keen to join our team!
How to prepare for a job interview at Job Search Place Limited
✨Know Your Macro
Make sure you brush up on your understanding of global macroeconomic themes and how they impact financial markets. Be prepared to discuss recent market events and their implications, as this will show your depth of knowledge and ability to think critically about the current environment.
✨Showcase Your Analytical Skills
Since the role involves working with large data sets and coding, be ready to demonstrate your analytical skills. Bring examples of past projects where you've used R, Python, or Matlab to analyse data or create models. This will help us see your practical experience in action.
✨Communicate Clearly
As a Macro Analyst, you'll need to liaise with traders and external vendors. Practice articulating complex ideas in a clear and concise manner. During the interview, focus on how you can communicate your insights effectively, as strong communication is key to success in this role.
✨Prepare Questions
Come equipped with thoughtful questions about DRW's trading strategies and how the Macro Analyst role fits into the bigger picture. This shows your genuine interest in the company and helps you assess if it's the right fit for you. Plus, it gives us a chance to see your curiosity in action!
