Trade Support Specialist - Cumberland Options

DRW
London, United Kingdom
On-site

Who this role is best for

Aimed at mid-level to senior professionals with technical and trading experience who can bridge operational and technological needs in London.

Best fit for

  • Candidates with 2+ years in front office or risk management roles and a solid grasp of derivatives
    — “Minimum of 2 years of experience in the front office, middle office, back office, or risk management roles working with exchange-traded and over-the-counter products and derivatives”
  • Individuals who have worked closely with traders and can interface with technology teams to improve tools
    — “Interface with technology to improve tools where they fall short of meeting the desks’ needs”

Things to consider

  • The role is based in London and involves direct interaction with trading desks and technology teams
    — “Provide support to a group of trading desks based in London”

How to stand out

  • Highlight experience in trade reconciliation and P&L substantiation in your resume and interview responses
    — “Daily P&L calculation and substantiation”
  • Emphasize your ability to analyze problems and implement solutions in operational or trading contexts
    — “Demonstrated ability to analyze problems and synthesize and implement solutions”
  • Showcase your technical skills with Git, Python, and Linux in a context that demonstrates their application
    — “Previous experience with Version Control, Git, Python, Cron, Linux”
  • Demonstrate a strong understanding of derivatives and their role in trading operations
    — “Working knowledge and experience in derivatives”
  • Position yourself as a proactive contributor to system and process improvements, not just an end-user
    — “process owner for current functionality and provide critical support and advice regarding needed enhancements to technology, workflows, and processes”
Pace · SteadyCollaboration · HighAutonomy · MediumDecision Impact · Team

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

What success looks like

  • Provide operational support for trading desks
  • Gain mastery of proprietary systems
Typical background
2+ years of experience in front office, middle office, back office, or risk management roles

Skills & requirements

Required

Trade SupportTrade CapturePosition ReconciliationP&L CalculationDerivativesRisk Management ToolsVersion ControlPythonLinux

Preferred

Crypto ExperienceExperience With Exchange-traded And Over-the-counter Products

Stack & domain

Crypto TradingTrade CapturePosition ReconciliationP&L CalculationDerivativesVersion ControlGitPythonCronLinuxProblem-solvingCommunicationTeamworkFinancial ServicesTrading

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.

As a Trade Support Specialist, Cumberland Options you will provide support to a group of trading desks based in London. This is an opportunity to solve challenging problems while working closely with experienced traders, researchers and software engineers to optimize operational workflow and use the right tools and technology for the job.

Responsibilities:

Provide operational support for several of the firm’s crypto trading desks

Trade capture for all products related to the desks’ activity: futures/futures options

Trade and position reconciliation with the firm’s clearing houses and brokers

Daily P&L calculation and substantiation

Working knowledge and experience in derivatives

Gain mastery of the firm’s proprietary trade capture, inventory management, treasury management, and risk management systems necessary to support the desks’ activity

Act as process owner for current functionality and provide critical support and advice regarding needed enhancements to technology, workflows, and processes:

Gain a strong understanding of traders’ risk management tools and provide support for related traders’ needs

Upgrade and support traders’ tools to effectively utilize technologies and tools that are firm standard

Interface with technology to improve tools where they fall short of meeting the desks’ needs

Adopt, integrate, and promote new technology as it becomes available

 Requirements:

Strong interest or working knowledge and experience in crypto

Previous experience with Version Control, Git, Python, Cron, Linux

Minimum of 2 years of experience in the front office, middle office, back office, or risk management roles working with exchange-traded and over-the-counter products and derivatives

Experience working with derivatives is preferred

Substantial prior interaction with the front office and senior management in an active trading environment

Bachelor’s degree in finance, economics, computer science, math, or another quantitative field or material equivalent exposure

Demonstrated ability to work independently

Demonstrated ability to analyze problems and synthesize and implement solutions

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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