Risk Manager • Senior

Who you are

You have over 5 years of experience as a trader in ETFs or index futures, demonstrating a strong understanding of market dynamics and trading strategies. Your background includes working in Asia markets, where you've developed a keen sense for identifying tradeable hypotheses based on macro and microstructure flows. You are comfortable with discretionary and semi-systematic trading approaches, and you thrive in a technology-driven environment where you can collaborate with developers and quants to enhance trading models and execution tools.

Your expertise extends to market-making and index arbitrage, where you've successfully managed risk and optimized inventory through effective decision-making. You possess strong analytical skills, allowing you to dissect flows and themes to generate actionable insights. Additionally, your familiarity with corporate actions and index events equips you to navigate complex trading scenarios effectively.

You are a proactive communicator, capable of engaging with brokers and issuers, and you understand the importance of maintaining robust controls in trading operations. If you have Mandarin or Cantonese language skills, that would be a valuable asset in your interactions with regional partners.

What you'll do

In this role, you will build, execute, and manage discretionary and semi-systematic trading strategies across ETFs and index futures. You will be responsible for running ETF market-making operations and index arbitrage, contributing to central risk book decisions to internalize flow and optimize inventory and hedging strategies. Your analytical skills will be put to use as you analyze flows and themes to generate tradeable hypotheses and assess P&L.

You will partner closely with developers and quants to improve trading models, data pipelines, and execution tooling, ensuring a Python-first culture is maintained. Your focus on execution quality will involve making decisions on route selection, algorithm parameters, and post-trade attribution to enhance overall trading performance.

As part of the trading desk, you will contribute to risk positioning and uphold controls such as price bands and notional caps, ensuring that all trading activities align with the firm's risk management framework. Your role will also involve staying updated on corporate actions and index events, allowing you to adapt strategies accordingly and maintain effective communication with APs and issuers.

What we offer

At DRW Holdings, you will be part of a technology-driven, diversified trading firm that values collaboration and innovation. We offer a dynamic work environment where you can challenge consensus and contribute to meaningful results. You will have the opportunity to work with a talented team of professionals who are passionate about solving complex problems in the financial markets. We encourage you to apply even if your experience doesn't match every requirement, as we value curiosity and a growth mindset in our team members.