DRW Careers | Glassdoor

DRW Careers

Chicago, IL
1001 to 5000 employees
1992
Company - Private
Investment Banking & Asset Management
Unknown / Non-Applicable
DRW is a diversified trading firm with decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world and across many asset classes. We value autonomy and the ability to quickly pivot to capture opportunities, and ... Read more

Mission: Create and leverage competitive advantages to identify and capture scalable opportunities in the global markets.

Company Updates

  • Members of different teams within DRW explain how they have benefitted from operating with a sense of urgency during unprecedented times like the current COVID-19 pandemic.

    Maintaining a Sense of Urgency, Especially in Times of Uncertainty

    Brian - Director of Strategy for Cumberland, DRW's crypto asset subsidiary Thad - IT Desktop Team Lead Zach - Head of Strategic Planning As DRW has worked to maximize the ability of our people to work remotely, what has been the biggest challenge for you and your team?

  • As teams continue to work from home to “flatten the curve” and limit the spread of COVID-19, our employees are finding new, unique ways to stay active and entertained from their homes.

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DRW – Why Work With Us?


Our people make us exceptional.

A culture that champions ideas, promotes growth and rewards results.

The DRW approach is simple: tenure, experience and titles don’t matter as much as ideas, execution and results. We believe in creating opportunity to take on more complex problems, more interesting projects and more specialized skills. Our focus on performance doesn’t crowd out camaraderie. It’s a results-driven environment and everyone works hard, and it’s a place where friendships grow and respect is the norm.

At DRW, you’ll work alongside smart, motivated people with diverse backgrounds from tech companies, finance and academia.  Together, we share a passion for challenging consensus, operating with integrity and respect and competing at the highest levels in markets around the world. 

EMPLOYEE TESTIMONIALS

Our Culture

DRW combines the best of both worlds: the opportunity and spirit of a startup and the stability of an established, experienced firm. Our employees work together to solve interesting problems, and their results are rewarded. We value continuous learning —from our outcomes, from the market and from each other. It’s a place of high expectations, deep curiosity and thoughtful collaboration, with some of the smartest, most passionate people you’ll meet.

Our Values

Integrity

In order to collaborate thoughtfully and build strong relationships, we value transparency and hold ourselves and our people accountable.

Critical thought

We like solving problems and discussing technical and research topics. We question what we think we know.

Learning

Continual growth and exploration, both formally and in our day-to-day interactions, helps build our skills individually and as a team.

Challenge consensus

We achieve the highest standard of success by challenging our decision making every day. Our formula? Strong opinions, loosely held.

Preparation

Always be prepared for the expected and the unexpected. We adapt as the markets evolve, and in-depth research helps us do that.

Respect

Our work environment is diverse, and that diversity makes us stronger. We collaborate thoughtfully, and hold each other in high regard.

Sense of urgency

In a fast-paced industry, we adapt and are always ready to act. Priorities shift, objectives evolve and we move quickly to adjust.

Benefits

Our benefits package ensures you and your family are well taken care of, so you can focus on your passions—at work and outside of it. We offer a competitive benefits package to help you manage your overall health and well-being.

Perks

At DRW, we do more than work together. We support and learn from each other throughout our careers.

  • Daily catered breakfast & lunch
  • Massages
  • Monthly tastings
  • On-site yoga classes and meditation
  • Social events
  • Game room
  • Gym subsidy
  • Geek lunches
  • Speaker series
  • Mentor / mentee outings
  • Drw-sponsored sports teams
  • Educational opportunities
  • Trivia nights
  • Poker tournament
  • Private mother's suites

Chicago

Since our founding in 1992, Chicago has served as our headquarters and is still our largest office today. With 245 different products traded and code written in 20 different programming languages - Chicago is proof of our diverse portfolio. Our family of companies, Cumberland, Convexity Properties and DRW Venture Capital, built their foundations in Chicago and have since expanded nationwide and across the globe. Situated in Chicago’s West Loop, our office is a short walk away from “Restaurant Row” – an area near Randolph Street lined with Chicago’s (and some of the world’s) top restaurants.

Montreal

Our Montreal office is diverse and global – over 20 languages are spoken in this office, not including programming languages. DRW expanded into Montreal in 2013, when we acquired Vigilant Global to better leverage each firm’s core competencies and technologies. In Montreal, our traders combine in-depth research of macroeconomics, geopolitics and equities with specialized execution to trade multiple asset classes across the globe. This office is also the center of our global network and is a multi-year recipient of best place to work awards such as Montreal’s Top Employer 6 years running, AON Best Employer 7 years running and Canada’s Top Small and Medium Employers for 4 years.

Singapore

DRW opened operations in Singapore in 2015, to establish a central position for trading in Asia. Today, this office trades in a myriad of markets including cryptos, equities and fixed income. Our employees here range across functions in trading and technology - dev ops, infrastructure, software engineering, quantitative research, trading and network architecture to name a few.

London

The beginning of our European operations, our London office opened in 1995, the same year Javascript was first introduced. Today, this office focuses in equity, fixed income and FX markets. Tip from London employees – brace yourself on your first glass elevator ride in our office located in the Leadenhall building, also known as the “Cheesegrater.”

New York

Expansion into floor based energy markets first prompted our New York office which opened in 2003. After a few years of NYC presence, we were one of the first companies to move into 7 World Trade after the area was rebuilt. Today, our office works closely with both Greenwich and Houston, focusing on energy, commodities and fixed income markets.

Austin

Opened in 2001 as RGM and acquired by DRW in 2017, this office focuses on equities trading. Austin employees are passionate about technology – from refining their market know-how to insightful modeling and execution strategies. DRW Austin is located in the heart of downtown on Sixth Street, surrounded by coffee shops, restaurants and iconic live music venues frequented by employees.

Houston

Our Houston office joined DRW in 2017. The team here brings a deep understanding of the physical energy space, which complements DRW’s prior financial energy trading. This office is located in the heart of the Galleria area – defined by its unique mix of prestigious shops, hotels, dining and entertainment where more than 26 million people visit each year.

Greenwich

An office in Greenwich, CT was a natural fit for DRW in 2018, given the ecosystem of experienced trading and financial talent in the area. While initially focused fixed income and commodity trading, this office will grow and evolve as all DRW locations do. For those visiting our office, be sure to head around the corner to Greenwich Ave – a main street with shopping and restaurants.

Amsterdam

A global financial hub, our Amsterdam office opened in 2019 to capitalize on the city’s growing trading and technology industries. Our office is located in Zuidas, the city’s developing financial district, and is just a 10 minute walk to the trendy De Pijp neighborhood. Be sure to wander around and enjoy De Pijp’s variety of breweries, parks and cafes – we’ll be sure to share our employees favorite spots as they explore the city and build a new office for the firm.

Tel Aviv

Opened in 2019, Tel Aviv is an exciting location for DRW because of its strong talent pool -- the country has the highest number of PhDs, scientists and engineers per capita in the world. Our office is located in Alon Towers, which is in the heart of the business district.  And from our office, be sure to take a short walk over to the Montefiore neighborhood, which has been described as "old Tel Aviv meets new" and where you'll find design studios, art galleries and great local restaurants.

DRW Reviews

  • "Overall good"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Trader in Chicago, IL
    Current Employee - Trader in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at DRW full-time (More than 8 years)

    Pros

    Smart employees and good culture

    Cons

    Eat what you kill. If your product doesn't make money then you don't get paid. Traders do not share in the diversity and advantage of the overall firm trading different products in Equities, Fixed Income, Agriculture, Currency's, etc...

    Advice to Management

    Create ways for employees to have a more vested interest in the results of the entire firm. This will help create better collaboration between different groups within the firm.

See All 116 Reviews

DRW Photos

DRW photo of: DRW Singapore spends an afternoon volunteering with Willing Hearts.
DRW photo of: A few co-workers enjoy a game of ping pong in between meetings.
DRW photo of: Group Meetings
DRW photo of: Learning and Training Sessions
DRW photo of: Catered Meals with Co-Workers
DRW photo of: Happy Hour!
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DRW Interviews

Experience

Experience
43%
40%
17%

Getting an Interview

Getting an Interview
49%
36%
7%
4
2
1
1

Difficulty

3.3
Average

Difficulty

Hard
Average
Easy
  1.  

    Derivatives Trader Interview

    Anonymous Interview Candidate
    No Offer
    Neutral Experience
    Average Interview

    Application

    I applied online. I interviewed at DRW.

    Interview

    Was reached out to by a headhunter--had two calls, one with a trader and one with the head of the group. One onsite interview, which lasted about 4 hours.

    Interview Questions

    • Describe largest drawdown, position, and how you handled it   Answer Question
See All 145 Interviews

DRW Awards & Accolades

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