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Software Engineer - Risk

DRW
Posted 15 days ago, valid for 17 days
Location

Chicago, IL 60678, US

Salary

$150,000 - $175,000 per year

Contract type

Full Time

Flexible Spending Account

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Sonic Summary

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  • DRW is seeking a Software Engineer for their UP - Risk team, which focuses on enhancing technical capabilities in trading and finance.
  • Candidates should have a strong background in programming and experience with financial terminology, VaR methodology, and analytic measures.
  • The position requires collaboration with risk managers and trading desks, as well as competence in various programming languages and tools.
  • The annual base salary for this role ranges from $150,000 to $175,000, based on experience and qualifications.
  • DRW also offers a comprehensive benefits package and is open to candidates with or without prior experience in the finance industry.

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.

The UP - RiskĀ team is looking for an outstandingĀ Software EngineerĀ with diverse technical and interpersonal skills to join us in the next step of our development as we significantly expand our technical capabilities, enabling us to have an even greater impact across the firm. This team builds andĀ maintainsĀ services which:Ā 

  • calculate portfolio sensitivities and value-at-risk (VaR) across many asset classes
  • predict theoretical market outcomes based on user-defined what-if scenarios
  • return risk reports for any time horizonĀ 

We collaborate closely with risk managers and trading desks to measure option and rate sensitivities and create applications toĀ monitor, manage, and report analytic measures. WhileĀ previousĀ experience in the trading and finance industry is beneficial,Ā we'reĀ looking for talented software engineers with or without industry-specificĀ expertise.Ā 

Responsibilities:Ā 

  • Designing, developing and maintaining greenfield and legacy API, service, and application platforms
  • Testing at the unit, functional, and integration level
  • Code in multiple languages, paradigms, and platforms
  • Collaborating with various business, development, IT, and trading support teams
  • Provide on-call support as part of our team-wide rotation
  • Keep open communication with our users for support, testing, and ensuring understanding of their needsĀ 

Qualifications:Ā 

  • Experience with financial terminology, VaR methodology, multiple varieties of analytic measures
  • Designing software for detail-oriented but non-technical finance users
  • Fluent in functional, object-oriented, or imperative programming languages
  • Competent in distributed version control, CI/CD, Docker, and KubernetesĀ 

Familiarity with:Ā 

  • One of the following programming languages: Elixir, Python, Java, C#, C++, Rust
  • One of the following data formats: Parquet, Delta Lake, Iceberg
  • Pricing, risk management, and portfolio analytics
  • Exchange-traded financial assets, statistics, or financial engineering
  • Data structures and design/analysis of algorithms
  • Where LLM-assisted development accelerates progress, and where it poses risksĀ 

Personal traits:Ā 

  • Possesses the ability to learn, adapt and grow
  • Demonstrates personal humility, respect for others, and trust in their teammates
  • Capable of independently driving projects to completion but prefers collaborating with teammates
  • Excellent problem-solving and debugging skills, but has better listening and communication skillsĀ 

The annual base salary range for this position is $150,000 to $175,000 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]Ā 




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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.