Equity Trader

DRW
London, United Kingdom

Who this role is best for

Geared toward early-career traders comfortable with managing risk and generating trading ideas, this role emphasizes analytical and numerical skills and is based in London with a focus on equities and derivatives.

Best fit for

  • Early-career traders with strong analytical and numerical skills and a willingness to learn beyond their current specialism
    — “We’re looking for someone with strong foundations and the potential to develop into a versatile trader.”
  • Candidates from banks, market makers, or buy-side firms with experience in exotic derivatives or event-driven strategies
    — “We welcome candidates from banks, market makers and buy-side firms, including those working within specialist trading pods.”
  • Individuals who can work autonomously and make decisions under pressure in a high-integrity environment
    — “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.”

Things to consider

  • The role requires working in London and may involve adapting to a fast-moving, high-integrity trading culture.
    — “We operate with respect, curiosity and open minds.”
  • The position is likely to be full-time, given the emphasis on operating at DRW's own risk and managing positions.
    — “We operate using our own capital and trading at our own risk.”

How to stand out

  • Highlight your ability to pivot quickly and develop versatile trading ideas across different domains.
    — “We believe a strong trader can learn new products and strategies.”
  • Emphasize your experience in managing risk and your analytical approach to trading decisions.
    — “Sound risk judgement and a disciplined approach to trading.”
  • Demonstrate your capacity to collaborate effectively and take ownership of your work in interviews.
    — “Ownership of your work and an ability to collaborate effectively.”
Pace · Fast PacedCollaboration · HighAutonomy · MediumDecision Impact · Team

Derived from job-description analysis by Serendipath's career intelligence engine.

What success looks like

  • identify, evaluate and execute trading opportunities
  • manage risk
  • develop tools and research
Typical background
fewer than five years’ experience in trading

Skills & requirements

Required

TradingRisk ManagementMarket AnalysisExecution

Preferred

CodingData Analysis

Stack & domain

TradingRisk ManagementMarket AnalysisExecutionPosition ManagementPerformance MonitoringTrading ToolsResearchNumerical SkillsAnalytical SkillsRisk JudgementCuriosityDecision-makingCollaborationFinanceEquitiesDerivatives

About the role

Original posting from DRW via Greenhouse

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.

Trader — Equities & Derivatives

We’re looking for an early-career trader with fewer than five years’ experience who is currently working at a bank, market maker or buy-side firm.

We’re open to a broad range of trading backgrounds. We believe a strong trader can learn new products and strategies, so we place more weight on judgement, analytical ability and curiosity than on experience in a particular market.

The role

You’ll help identify, evaluate and execute trading opportunities, manage risk and develop ideas across equities and derivatives. The precise remit will reflect your strengths and evolve as you build experience.

Your responsibilities will include:

Analysing market moves, positioning and catalysts to generate trading ideas.

Executing trades and managing positions within agreed risk limits.

Monitoring exposures, performance and changing market conditions.

Developing tools and research to improve trading decisions.

Working closely with the team to learn new products and strategies.

Your background

You should currently be in a trading role, with fewer than five years’ professional experience. Relevant backgrounds include one or more of:

Single-stock volatility.

Delta One or dividend trading.

Index volatility.

Exotic derivatives.

Dispersion strategies.

Event-driven or special situations strategies.

Index rebalancing.

We welcome candidates from banks, market makers and buy-side firms, including those working within specialist trading pods.

What we’re looking for

Strong numerical and analytical skills.

Sound risk judgement and a disciplined approach to trading.

Curiosity about markets and a willingness to learn beyond your current specialism.

The ability to make clear decisions under pressure.

Ownership of your work and an ability to collaborate effectively.

Coding or data-analysis skills would be useful.

You don’t need experience across every area listed. We’re looking for someone with strong foundations and the potential to develop into a versatile trader.

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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Source: DRW careers (Greenhouse)

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