Junior Quantitative Researcher

Join to apply for the Junior Quantitative Researcher role at Jobright.ai 1 day ago Be among the first 25 applicants Join to apply for the Junior Quantitative Researcher role at Jobright.ai Get AI-powered advice on this job and more exclusive features. Jobright is an AI-powered career platform that helps job seekers discover the top opportunities in the US. We are NOT a staffing agency. Jobright does not hire directly for these positions. We connect you with verified openings from employers you can trust. Job Summary: 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. As a Quantitative Researcher, you will develop mathematical models and conduct quantitative analysis to build automated trading strategies while collaborating with a research team. Responsibilities: • Extract predictive signals from financial data through both traditional statistical analysis methods and cutting edge machine learning techniques • Assist software developers to translate research strategies into production software • Optimize the order execution and risk management of our trading system • Create robust solutions to problems presented in the trading environment • Formulate and apply mathematical modeling techniques to enhance existing trading strategies and perform innovative new research with the goal of identifying and capturing trading opportunities • Automate human-decision based trading strategies; prototype algorithmic trades from trading ideas Qualifications: Required: • A degree in a technical discipline with a focus on statistics, machine learning, signal processing, optimization and control graduating between December 2025 and August 2026 (Bachelor’s, Master’s, PhD) • A curiosity for model development and experience handling large data sets • Expertise in programming using Python, R, MATLAB, or C++ for conducting research • Can advocate for your beliefs in a concise and effective way with the team • Significant hands-on experience applying machine learning algorithms to real world problems • Strong problem-solving and statistics skills • The proactive ability to take the lead on assignments and deliver practical research results in a timely manner Company: DRW is a diversified trading firm that combines technology, research, and risk management to capture trading and investment opportunities. Founded in 1992, the company is headquartered in Chicago, Illinois, USA, with a team of 1001-5000 employees. The company is currently Late Stage. DRW has a track record of offering H1B sponsorships. Seniority level Seniority level Entry level Employment type Employment type Full-time Job function Industries Software Development Referrals increase your chances of interviewing at Jobright.ai by 2x Inferred from the description for this job Medical insurance Vision insurance 401(k) Get notified when a new job is posted. Sign in to set job alerts for “Quantitative Researcher” roles. Quantitative Analyst - Expression of Interest Quantitative Researcher, Intern (Summer 2026) Chicago, IL $150,000.00-$225,000.00 6 days ago Graduate Quantitative Researcher (BS/MS) Chicago, IL $175,000.00-$250,000.00 6 days ago Chicago, IL $90,000.00-$130,000.00 3 weeks ago Quantitative Trader/Researcher – Systematic Options Trading Electronic Trading HedgeFund Quantitative Researcher Quantitative Analyst - Modeling and Audit Graduate Quantitative Researcher, Bachelor’s or Master’s Degree (2026 Start) Chicago, IL $125,000.00-$210,000.00 3 weeks ago Quant Researcher- Market Microstructure / Low-Latency Strategies Graduate Quantitative Researcher, PhD (2026 Start) Senior Quantitative Researcher, Buy-Side - R Chicago, IL $150,000.00-$200,000.00 1 week ago Quantitative Market Research Analyst, Healthcare Chicago, IL $59,000.00-$65,000.00 4 weeks ago Chicago, IL $134,000.00-$153,300.00 1 week ago Vice President; Quantitative Finance Analyst Chicago, IL $141,000.00-$153,300.00 5 days ago Senior Quantitative Researcher, Buy-Side, PhD Preferred - R Senior Quantitative Market Research Analyst - Healthcare Chicago, IL $59,000.00-$65,000.00 4 weeks ago Chicago, IL $71,300.00-$107,000.00 13 hours ago Director, Quantitative Market Research Healthcare Chicago, IL $100,000.00-$125,000.00 4 weeks ago Chicago, IL $123,500.00-$212,850.00 1 month ago Chicago, IL $96,000.00-$180,000.00 1 month ago Northbrook, IL $83,000.00-$110,000.00 4 days ago Quantitative Researcher - Chicago - $250,000 + bonus Chicago, IL $140,000.00-$240,000.00 1 week ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr