Proprietary trading · Founded 1992 · Chicago
DRW quant careers
What is it like to work at DRW?
Diversified proprietary firm covering traditional derivatives alongside significant digital-asset and venture activity. Broader strategy mix than most Chicago peers.
What DRW is hiring right now
Early signaln=153Open vacancies
153
Core quant roles
106
Research, trading, quant dev
Cities hiring
8
Asking for a PhD
28
Based on 153 live vacancies across 1 employer, as observed on 6 September 2026. Counts come from employer-operated job boards we read directly; classification is rule-based and inspectable.
By role
- Software engineer63
- Machine learning researcher11
- Quant Researcher10
- Quant Trader6
- HFT / Low-Latency Engineer6
- Quant Developer3
- Data engineer3
- Systematic Portfolio Manager2
Skills most asked for
Compensation by role
Indicative mid-level total compensation, US dollars.
| Role | Total comp |
|---|---|
| Quant Trader | $480k |
| Quant Researcher | $470k |
| HFT / Low-Latency Engineer | $450k |
Interview process
- 1
Screen
Background and motivation.
- 2
Technical
Probability and programming, weighted to the specific desk.
- 3
On-site
Desk interviews and scenario discussion.
Candidate backgrounds
- —Mathematics and engineering
- —Trading backgrounds
- —Software engineering
Methodology
Figures are expressed as annual total compensation (base salary plus expected performance bonus) in the reference market's local currency, converted from a US dollar base. They describe typical market ranges rather than any individual offer, and exclude sign-on payments, deferred equity and carried interest. Portfolio-manager figures reflect formulaic profit-share arrangements and are therefore far more dispersed than any other role.
KnowQaunt 2026.1 · Updated September 2026
These are indicative ranges pending first-party verification. They will be replaced by verified submissions as the Quant Salary Index dataset builds.
DRW profile · KnowQaunt 2026.1