Junior Quantitative Researcher

Join to apply for the Junior Quantitative Researcher role at Jobright.ai

1 day ago Be among the first 25 applicants

Join to apply for the Junior Quantitative Researcher role at Jobright.ai

Get AI-powered advice on this job and more exclusive features.

Jobright is an AI-powered career platform that helps job seekers discover the top opportunities in the US. We are NOT a staffing agency. Jobright does not hire directly for these positions. We connect you with verified openings from employers you can trust.

Job Summary:

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. As a Quantitative Researcher, you will develop mathematical models and conduct quantitative analysis to build automated trading strategies while collaborating with a research team.

Responsibilities:

• Extract predictive signals from financial data through both traditional statistical analysis methods and cutting edge machine learning techniques

• Assist software developers to translate research strategies into production software

• Optimize the order execution and risk management of our trading system

• Create robust solutions to problems presented in the trading environment

• Formulate and apply mathematical modeling techniques to enhance existing trading strategies and perform innovative new research with the goal of identifying and capturing trading opportunities

• Automate human-decision based trading strategies; prototype algorithmic trades from trading ideas

Qualifications:

Required:

• A degree in a technical discipline with a focus on statistics, machine learning, signal processing, optimization and control graduating between December 2025 and August 2026 (Bachelor’s, Master’s, PhD)

• A curiosity for model development and experience handling large data sets

• Expertise in programming using Python, R, MATLAB, or C++ for conducting research

• Can advocate for your beliefs in a concise and effective way with the team

• Significant hands-on experience applying machine learning algorithms to real world problems

• Strong problem-solving and statistics skills

• The proactive ability to take the lead on assignments and deliver practical research results in a timely manner

Company:

DRW is a diversified trading firm that combines technology, research, and risk management to capture trading and investment opportunities. Founded in 1992, the company is headquartered in Chicago, Illinois, USA, with a team of 1001-5000 employees. The company is currently Late Stage. DRW has a track record of offering H1B sponsorships.

Seniority level

• Seniority levelEntry level

Employment type

• Employment typeFull-time

Job function

• IndustriesSoftware Development

Referrals increase your chances of by 2x

Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

Get notified when a new job is posted.

Sign in to set job alerts for “Quantitative Researcher” roles.Quantitative Analyst - Expression of InterestQuantitative Researcher, Intern (Summer 2026)

Chicago, IL $150,000.00-$225,000.00 6 days ago

Graduate Quantitative Researcher (BS/MS)

Chicago, IL $175,000.00-$250,000.00 6 days ago

Chicago, IL $90,000.00-$130,000.00 3 weeks ago

Quantitative Trader/Researcher – Systematic Options TradingElectronic Trading HedgeFund Quantitative ResearcherQuantitative Analyst - Modeling and AuditGraduate Quantitative Researcher, Bachelor’s or Master’s Degree (2026 Start)

Chicago, IL $125,000.00-$210,000.00 3 weeks ago

Quant Researcher- Market Microstructure / Low-Latency StrategiesGraduate Quantitative Researcher, PhD (2026 Start)Senior Quantitative Researcher, Buy-Side - R

Chicago, IL $150,000.00-$200,000.00 1 week ago

Quantitative Market Research Analyst, Healthcare

Chicago, IL $59,000.00-$65,000.00 4 weeks ago

Chicago, IL $134,000.00-$153,300.00 1 week ago

Vice President; Quantitative Finance Analyst

Chicago, IL $141,000.00-$153,300.00 5 days ago

Senior Quantitative Researcher, Buy-Side, PhD Preferred - RSenior Quantitative Market Research Analyst - Healthcare

Chicago, IL $59,000.00-$65,000.00 4 weeks ago

Chicago, IL $71,300.00-$107,000.00 13 hours ago

Director, Quantitative Market Research Healthcare

Chicago, IL $100,000.00-$125,000.00 4 weeks ago

Chicago, IL $123,500.00-$212,850.00 1 month ago

Chicago, IL $96,000.00-$180,000.00 1 month ago

Northbrook, IL $83,000.00-$110,000.00 4 days ago

Quantitative Researcher - Chicago - $250,000 + bonus

Chicago, IL $140,000.00-$240,000.00 1 week ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

#J-18808-Ljbffr