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.
- Why this job: Make a real impact by translating research into actionable trades in a fast-paced market.
- Qualifications: Strong grasp of financial markets, coding skills in R or Python, and attention to detail.
- Other info: Collaborate with traders and software developers in a supportive, high-expectation environment.
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
- Confident communicator
Macro Analyst employer: P2P
Contact Detail:
P2P Recruiting Team
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. A friendly chat can open doors that applications alone can't.
✨Tip Number 2
Show off your skills! Prepare a mini-project or analysis related to macro trends or trading strategies. This will demonstrate your expertise and passion for the role.
✨Tip Number 3
Stay updated on market news and trends. Being able to discuss current events and their implications during interviews will set you apart from the crowd.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining the DRW team.
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 specific examples of how you've successfully managed complex data or projects in the past.
Demonstrate Your Coding Skills: If you have experience with coding languages like R, Python, or Matlab, don’t hold back! Mention any relevant projects or tools you've developed. This will show us that you can contribute to our tech-driven environment right from the start.
Tailor Your Application: Make sure to customise your application to reflect the specific requirements of the Macro Analyst role. Use keywords from the job description and relate your experiences directly to what we’re looking for. And remember, applying through our website is the best way to get noticed!
How to prepare for a job interview at P2P
✨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
Since the role involves working with data and providing insights, be ready to demonstrate your analytical skills. Bring examples of past projects where you’ve synthesised complex information or worked with large datasets. If you have coding experience in R, Python, or Matlab, mention specific instances where you used these skills to solve problems.
✨Communicate Clearly
As a Macro Analyst, you'll need to liaise with traders and external vendors. Practice articulating your thoughts clearly and concisely. During the interview, focus on explaining your ideas in a way that’s easy to understand, even for those who may not have a deep technical background.
✨Prepare Questions
Interviews are a two-way street, so come prepared with insightful questions about DRW's trading strategies, team dynamics, and how they leverage technology in their processes. This not only shows your interest in the company but also helps you gauge if it’s the right fit for you.