DV Trading

2027 Quantitative Trader Graduate (DV Equities) at DV Trading (New York, NY)

DV Trading· New York, NY· $80k–$100k·

Role details

Salary
$80k–$100k

Job description

About Us: Founded 20 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 600 people operating throughout North America, Europe and Asia. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.

Overview: As a Quantitative Trader Graduate, you will join our DV Equities desk and participate in the execution and risk management of systematic trading strategies across global equity markets, learning our proprietary methodologies and systems through hands-on experience. You will work closely with senior traders and quantitative researchers to develop, refine, and monitor data-driven trading models. This role is designed for graduates with a strong quantitative foundation, a genuine curiosity about markets, and a willingness to grow in a fast-paced environment.

Responsibilities:

  • Work closely with senior traders to learn proprietary methodologies and quantitative trading systems
  • Participate in the execution and risk management of systematic trading strategies, including trade execution and risk layoffs
  • Build, maintain, and improve quantitative trading models using historical market and orderbook data
  • Analyze large datasets to identify patterns, inefficiencies, and new alpha opportunities for systematic strategies
  • Enhance existing strategies and identify new opportunities through data-driven research
  • Liaise between the trading desk, internal teams, and OTC relationships
  • Monitor live trading performance and iterate on models based on real-time market feedback
  • Additional responsibilities may be driven by the individual's interests and skills

Requirements:

  • Currently pursuing a Bachelor's, Master's, or PhD in a quantitative field (Mathematics, Statistics, Economics, Computer Science, Physics, Engineering, or related), with an expected graduation by Summer 2027
  • Strong proficiency in Python; experience with SQL, statistical modeling, or C++ is highly preferred
  • Strong foundation in math, probability, and statistics
  • Genuine interest in financial markets, algorithmic trading, and market microstructure
  • Demonstrated ability to learn quickly and perform in a fast-paced, high-pressure environment
  • Ability to maintain composure and communicate clearly under pressure
  • Exceptional problem-solving ability and multitasking skills
  • Prior internship experience in trading, quantitative research, or data analysis is a plus

DV is not accepting unsolicited resumes from search firms. Only search firms with valid, written agreements with DV should submit resumes in response to DV’s posted positions. All resumes submitted by search firms to DV via e-mail, the Internet, personal delivery, facsimile, or any other method without a valid written agreement shall be deemed the sole property of DV, and no fee will be paid in the event the candidate is hired by DV. DV is proud to be an equal opportunity employer and committed to creating an inclusive environment for all employees. The range below reflects the expected base salary for this position. It represents a good-faith estimate of the base pay we anticipate offering, with actual compensation determined by your experience, education, skills, and performance throughout the interview process. This role is also eligible for a discretionary bonus (at DV Trading's discretion) and DV Trading's benefits package, including the benefits listed above.

Base Salary Range $80,000—$100,000 USD

Why work at DV Trading

  • Culture: Values include excellence, agility, ownership, curiosity, and unity. The firm emphasizes a flat, collaborative structure where individuals are empowered to take ownership and make decisions.
  • Work environment: Fast-paced, high-stakes trading environment with a focus on continuous learning and innovation. Traders are given significant autonomy and access to world-class technology.
  • Remote/Hybrid policy: Not explicitly stated, but presence in 8 global offices suggests a preference for in-office collaboration, typical of proprietary trading firms.
  • Notable perks: Opportunity to trade with the firm's own capital (no personal risk), access to cutting-edge technology, and a meritocratic culture where performance is directly rewarded.
  • Engineering culture: Developers work closely with traders and risk teams to build real-time systems. Tech stack includes C++, Python, Linux, and SQL. Roles range from back-office development to low-latency systems engineering.

Application questions