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Associate Business Manager

DRW
Posted a month ago, valid for 22 days
Location

Chicago, IL 60678, US

Salary

$120,000 - $150,000 per year

Contract type

Full Time

Flexible Spending Account

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Sonic Summary

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  • DRW is seeking a Business Manager for their Chicago office, requiring 5 to 10 years of experience in a trading environment.
  • The role involves managing new trading initiatives, onboarding traders, and liaising with various internal and external teams.
  • Candidates should have project management experience and a strong understanding of regulatory factors impacting new business initiatives.
  • The annual base salary for this position ranges from $120,000 to $150,000, depending on experience and qualifications.
  • DRW also offers a comprehensive benefits package and an annual discretionary bonus.

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.

As a Business Manager in our Chicago office, you’ll help manage the rollout of new trading initiatives in the America's region.  You’ll liaise with a variety of internal and external teams to perform initial due diligence activities, shepherd and monitor new business processes, and ensure the successful launch and onboarding of new trading products, traders and venues.

Core Duties: 

  • Manage the assessment and implementation of new trading initiatives and trading access changes including onboarding/decommissioning of traders, exchanges, products, execution systems, clearing firms, etc.
    • Gather relevant data, details, and timelines
    • Use critical thought to define scope based on provided requirements
    • Clearly communicate details to all support teams
    • Liaise with internal/external parties as needed
    • Project manage initiatives to completion with a quick turnaround and transparency throughout the process
  • Assist with managing exchange relationships which includes new product launches, rebate/incentive programs, new exchange onboardings, etc.
  • Act as point of contact for traders on a variety of trading inquires

Required Skills & Experience:

  • 5 - 10 years of experience working in a trading environment (front office, operations, risk management, regulatory/compliance, business analysis, project management, client services, administration, etc.)
  • Experience onboarding new clearing firm/prime brokerage relationships, exchanges, rebate programs, counterparties (KYC) and execution systems
  • Previous project management experience
  • Experience working/coordinating with teams located in multiple regions (US, Europe, and Asia)
  • Understanding of general regulatory, tax, risk, treasury, capital, and legal factors impacting the onboarding of new business initiatives
  • Previous experience working directly with traders
  • Demonstrated success in a fast-paced organization with frequently changing priorities
  • Strong interpersonal, written and verbal communication skills
  • Proven organizational skills and the ability to manage multiple concurrent tasks and projects
  • Must have strong attention to detail and excellent follow-through
  • Ability to quickly grasp new concepts, technology, and terminology
  • Must be action-oriented with a strong sense of urgency

The annual base salary range for this position is $120,000 to $150,000 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.

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By applying, a DRW account will be created for you. DRW's Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.