---
title: 'Quantitative Developer at DRW'
canonical: 'https://feeny.ai/job/quantitative-developer-drw-new-york-2y08bweb3egw'
type: 'job'
last_seen: '2026-09-06'
---

# Quantitative Developer at DRW 

- **Company:** DRW 
- **Location:** New York, NY
- **Posted:** 2026-07-16
- **Last confirmed live:** 2026-09-06
- **Apply:** https://job-boards.greenhouse.io/drweng/jobs/7985591

## Job description

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.

We are building a new systematic, mid-frequency trading business at DRW. The strategy combines diverse data, modern machine learning, and high-performance software systems to identify and trade opportunities at scale.

This is an early-stage effort within an established trading firm: the team has the opportunity to design its technology and research platform from the ground up while benefiting from DRW's capital, data, compute infrastructure, market access, and institutional experience.

We are a small, fast-moving team of quantitative researchers and developers. Engineers are not a support function—they are central to how we conduct research, put strategies into production, and build a lasting competitive advantage.

About the Role:

As a Quantitative Developer / Research Engineer, you will be an early member of the team with meaningful ownership of its systems, research tooling, and engineering practices. You will work closely with experienced researchers and trading-system engineers across the team and the firm, combining substantial autonomy with strong technical mentorship.

You will work at the intersection of quantitative research and software engineering, turning research ideas into reliable systems that trade. The ideal candidate combines strong software engineering fundamentals with an interest in quantitative research, machine learning, and data-intensive systems.

This role will require you being in the NY office 5 days per week.

You will:

- Design and build the core research and trading platform, including data pipelines, backtesting and simulation frameworks, portfolio and execution tooling, and research APIs
- Work closely with quantitative researchers to implement studies, test hypotheses, and translate promising ideas into robust production systems
- Develop and productionize statistical and machine learning models, owning the workflow from feature generation and training through backtesting, deployment, and live monitoring
- Build reliable data infrastructure for large historical and real-time datasets, with an emphasis on point-in-time correctness, reproducibility, performance, and ease of use
- Improve the performance and scalability of computationally intensive research and production workloads
- Contribute to foundational architecture and engineering decisions, working with experienced trading-system engineers to establish the development practices, testing standards, and operational processes the team will use as it grows
- Take systems and strategies from prototype to production and remain accountable for their reliability once they are live

Because the team is still early, the scope is broad and the feedback loop is short. You will have the opportunity to take on meaningful responsibility early, while learning from people with deep experience in quantitative research, trading-system architecture, and production trading.

What You Bring:

- A bachelor's, master's, or PhD degree in computer science, computer engineering, or another technical field
- At least two years of experience developing production software, primarily in Python and/or C++, with the ability and willingness to work across languages when needed
- Strong computer science fundamentals and sound instincts in software design, debugging, testing, and performance analysis
- The ability to enter an unfamiliar system, develop a clear mental model of it, and identify practical ways to improve its reliability, simplicity, and performance
- Fluency in a UNIX/Linux environment and a working understanding of operating systems, concurrency, networking, and system performance
- A track record of scoping and delivering production systems in fast-moving or ambiguous environments
- High ownership, good judgment, and a bias toward action—you identify risks early, reduce unnecessary complexity, and take pride in building systems that others rely on
- Clear communication and a collaborative working style, particularly when working across research and engineering disciplines

Experience in trading or finance is not required. We value strong engineering and problem-solving ability and will provide the domain-specific training needed to succeed.

Nice to Have:

- Experience developing deep learning systems with PyTorch
- Experience with GPU computing, kernel development, distributed training, or performance optimization
- Hands-on experience building and operating machine learning or data pipelines in production
- Experience developing large-scale, concurrent, high-throughput, or performance-sensitive systems
- A strong foundation in mathematics, statistics, optimization, or machine learning
- Experience building tools and infrastructure for quantitative researchers, data scientists, or similarly technical users

Why This Role:

- Build from an early stage — Help shape a new systematic trading business, with broad scope, short feedback loops, direct influence over how the team operates, and the opportunity to share in its success
- Autonomy with mentorship — Make meaningful technical decisions while learning from experienced researchers and trading-system engineers across the team and the firm
- Broad, end-to-end ownership — Take systems from research and development through deployment and live trading, working across software, data, machine learning, and financial markets
- AI-native engineering — Work in an environment where AI-assisted coding, testing and research are deeply embedded in the development workflow

The annual base salary range for this position is $175,000 to $250,000 depending on the candidate’s experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus. In addition, DRW offers a comprehensive suite of employee benefits including group medical, pharmacy, dental and vision insurance, 401k (with discretionary employer match), short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts.

For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice.

California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.

[#LI-SK1]

## About DRW 

## Company Overview
- **One-liner**: DRW is a diversified principal trading firm that leverages technology, research, and risk management to capture trading and investment opportunities globally across traditional and cryptoasset markets.
- **Entity Type**: Private (Privately Held)
- **Headquarters**: Chicago, Illinois, United States
- **Founded**: Year not publicly specified on the website, but linked data suggests operations since at least the early 2000s (acquired Chopper Trading in 2015).
- **Founders**: Founders are not publicly named on the company website or in standard public profiles.

## Core Business
- **Primary industry/industries**: Financial Services, Proprietary Trading, Cryptoassets, Real Estate, Venture Capital
- **Target customers**: Institutional counterparties (for Cumberland, its crypto subsidiary); the firm trades its own capital across global markets (B2B/institutional focus).
- **Mission or purpose statement**: The company describes itself as a team of "innovative and ambitious individuals who use the power of free markets to solve challenging problems, capture opportunities, and pursue positive change." [drw.com](https://www.drw.com/work-at-drw)

## Products & Services
- **Proprietary Trading**: DRW trades a wide range of asset classes including fixed income, ETFs, equities, FX, commodities, and cryptoassets, using sophisticated technologies to provide liquidity and capture opportunities.
- **Cumberland**: A subsidiary that provides deep liquidity in cryptoassets to large institutional counterparties and explores DeFi solutions. [drw.com](https://drw.com/our-subsidiaries)
- **DRW Venture Capital**: A VC practice that takes a disciplined approach to investing in financial and enterprise technology companies. [drw.com](https://drw.com/our-subsidiaries)
- **DRW Real Estate**: A fully integrated real estate investment arm that invests in bespoke projects. [drw.com](https://drw.com/our-subsidiaries)
- **NX**: A team that designs, builds, and operates a sophisticated global network for the firm. [drw.com](https://drw.com/our-subsidiaries)
- **Artemeter**: A subsidiary providing full-service carbon financing solutions to help clients achieve decarbonization goals. [drw.com](https://drw.com/our-subsidiaries)

## Market Standing
- **Valuation/Market Cap**: Not publicly disclosed (private company).
- **Key Metric**: Annual Revenue estimated at **$485.0M** (per LinkedIn data). [linkedin.com](https://www.linkedin.com/company/drw)
- **Notable Investors/Partners**: Not applicable (privately held and self-funded). Notable subsidiaries include Cumberland (crypto).
- **Growth Signals**: Headcount growth of **+10.6% YoY** (adding 233 people), reaching 1,628 employees. Active job postings increased **+53.8% YoY**. [linkedin.com](https://www.linkedin.com/company/drw)

## Competitive Advantages
- **Diversified Approach**: Unlike many trading firms that focus on a single asset class, DRW trades across many asset classes and instruments, with horizons from seconds to years. [drw.com](https://www.drw.com/work-at-drw)
- **Technology & Research**: Heavy investment in sophisticated technology, research, and risk management to find and capture opportunities globally.
- **Low Ego, Little Hierarchy**: The company explicitly states a culture of "low ego, little hierarchy and a commitment to continuous learning." [drw.com](https://www.drw.com/work-at-drw)
- **Stability & Startup Spirit**: Described as offering "the best of both worlds: the opportunity and spirit of a startup and the benefits and stability of an established, experienced firm." [drw.com](https://www.drw.com/work-at-drw)

## Strategic Focus
- **Expansion into Non-Traditional Strategies**: The firm has expanded beyond traditional trading into real estate, venture capital, and cryptoassets, indicating a focus on long-term, strategic, and diversified growth. [drw.com](https://drw.com/our-subsidiaries)
- **Continuous Innovation**: Focus on solving challenging problems, discussing technical and research topics, and challenging consensus to achieve high standards. [drw.com](https://www.drw.com/work-at-drw)
- **Global Reach**: Operates in 29 countries with offices in the US, UK, Canada, Singapore, Netherlands, and Israel, signaling a commitment to global market participation. [linkedin.com](https://www.linkedin.com/company/drw)

## Why Work Here
- **Culture & Philosophy**: The company emphasizes "low ego, little hierarchy," "challenge consensus," "integrity," and "continuous learning." It seeks curious problem solvers with quantitative mindsets. [drw.com](https://www.drw.com/work-at-drw)
- **Compensation & Benefits**: Rated 4.3/5.0 on compensation. [linkedin.com](https://www.linkedin.com/company/drw) Perks include daily catered breakfast & lunch, monthly tastings, massages, yoga classes, meditation, gym subsidy, game room, and social events. [drw.com](https://www.drw.com/work-at-drw)
- **Work Environment**: Offers flexible work arrangements. The culture is described as fast-paced, collaborative, and intellectually rigorous. [drw.com](https://www.drw.com/work-at-drw)
- **Engineering Culture**: A significant portion of the workforce is technical (615 employees, 25% of total). Roles include Quantitative AI Strategist, Python Software Engineer, Data Developer, HPC Specialist, and Trading Systems Engineer. [linkedin.com](https://www.linkedin.com/company/drw)
- **Global Offices**: Hybrid/office presence in Chicago (HQ), New York, London, Amsterdam, Singapore, Montreal, Tel Aviv, and more. [drw.com](https://www.drw.com/work-at-drw/listings)

## Sources
1. [drw.com - Work at DRW](https://www.drw.com/work-at-drw)
2. [drw.com - Our Subsidiaries](https://drw.com/our-subsidiaries)
3. [linkedin.com - DRW Company Profile](https://www.linkedin.com/company/drw)
4. [greenhouse.io - DRW Engineering Jobs](http://job-boards.greenhouse.io/drweng)

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