Trading Application Specialist

As a Trading Application Specialist at DRW, you join the UP - Exchange and Vendor Management team, which oversees analysis, onboarding, and continuous management of all vendor-managed Front Office tools and platforms used across the firm. You will gain exposure to multiple trading business units as you help integrate best-in-class technology across asset classes including Equities, Commodities, FX, Fixed Income, Listed Derivatives, and Crypto-related products. You will form strong working relationships with independent software vendors, banks, counterparties, service providers, and internal teams to deliver results at a high level.

What you'll do

• Contribute to the build-out of analytical dashboards to track and compare vendor and counterparty performance based on established industry metrics
• Initiate and maintain communication with vendors representing queries, requests and issues on behalf of DRW that fall outside the scope of front-line production support duties
• Provide analysis to the business regarding platform options to support new trading opportunities, including analysis of cost, feature set and support requirements
• Partner with internal groups including Traders, Portfolio Managers, Trade messaging support, Middle Office, Back Office, and Project Managers to support onboarding new platforms
• Provide platform demos to potential users, focusing on their specific trade
• Regularly review firm usage of vendor platforms and identify opportunities for optimization
• Maintain a wiki of vendor platforms with detailed feature sets
• Assist in building a next-gen software catalog for vendor platforms that tracks user permissions, exchange and broker connectivity, and operating expenses
• Help synthesize, document and implement best practice standards for vendor implementations and ongoing platform relationship management

What you bring

• Familiarity with AI-native toolkits to ingest and analyze trading data
• Knowledge of the trading industry, particularly covering a breadth of trading strategies
• Knowledge of execution, market data and risk management terminology and concepts
• A background working with order and execution management systems (OMS/EMS), either through Front Office, Front Office IT, or vendor and third-party roles serving these teams
• Ability to manage multiple, unrelated requests from the business in a short timeline
• Exceptional written and verbal communication skills

What we offer

• Annual base salary of $150,000 to $200,000 depending on your experience, qualifications, and relevant skill set
• Eligible for an annual discretionary bonus
• Comprehensive employee benefits including group medical, pharmacy, dental and vision insurance, 401k with discretionary employer match, short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts
• Hybrid work in Chicago (three days in office)

About DRW

DRW is a diversified trading firm with over three decades of experience, headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia. The firm trades a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets, and has expanded into real estate, venture capital and cryptoassets.