{"id":1924392,"url":"https://alion.io/job/drw-quantitative-researcher-prediction-markets","title":"Quantitative Researcher - Prediction Markets","company":{"id":58537,"name":"DRW","domain":"drw.com","url":"https://alion.io/company/drw","size_band":"1001-5000","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Greenhouse","truth_index":{"grade":"B","score":84,"open_postings":152,"ghost_share":0.184,"stale_share":0,"repost_share":0,"time_to_fill_p50_days":75,"computed_at":"2026-11-02T06:13:15Z"}},"role":"Data Science","role_family":"Data Science","seniority":"junior","employment_type":null,"work_mode":"on_site","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"structured","locations":["New York, United States"],"countries":["US"],"hiring_countries":[],"hiring_countries_total":0,"salary":{"min":200000,"max":300000,"currency":"USD","period":"year","gross":null,"usd_annual":300000},"salary_estimate":null,"experience_years_min":2,"visa_sponsorship":false,"relocation_package":false,"has_equity":false,"technologies":[{"name":"Machine Learning","optional":false},{"name":"Python","optional":false}],"status":"live","first_seen_at":"2026-10-05T17:37:36Z","employer_posted_date":"2026-10-16","last_verified_at":"2026-11-02T08:42:20Z","board_verified":true,"closed_at":null,"days_open":27,"trust":{"level":"ok","repost_count":1,"flags":["company_stale"],"days_open":27},"description":"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. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.\nHeadquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.\nWe operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters-it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.\nDRW is looking for a Quantitative Researcher to join our growing Prediction Markets team. The team develops systematic trading strategies across a wide range of prediction markets. This role combines quantitative modeling, market data analysis, and strategy development to identify opportunities in rapidly evolving markets. You will work closely with traders and engineers across the full strategy lifecycle, from initial research and model development through production deployment and live performance analysis.\nWhat you’ll do:\nApply statistical and machine learning methods to develop predictive models and trading signals\nAnalyze large and diverse datasets to identify market opportunities and inefficiencies\nResearch how short-term signals from related financial markets can improve prediction-market pricing and trading\nConduct research into pricing, market making, market microstructure, execution, and risk management\nConduct rigorous quantitative research and evaluate strategies through backtesting and simulation\nDevelop analytical tools to monitor performance and improve live strategies\nCollaborate with traders and engineers to translate successful research into production trading systems\nExplore new products, datasets, and approaches as the prediction-markets business expands\nWhat we’re looking for:\n2+ years of experience in quantitative research, systematic trading, data science, or a related field\nDegree in a quantitative or technical discipline such as mathematics, statistics, computer science, engineering, physics, or economics\nStrong knowledge of probability, statistics, and quantitative modeling\nExperience conducting research with large, noisy, real-world datasets\nStrong programming skills, particularly in Python\nAbility to formulate and independently drive open-ended research problems\nStrong attention to detail and a rigorous approach to testing and validating results\nAbility to communicate complex ideas clearly and work effectively with traders, researchers, and engineers\nIntellectual curiosity and a genuine interest in financial markets and prediction markets\nAdditional experience that would be helpful:\nSystematic or electronic trading\nHigh-frequency or short-horizon signal research\nProbabilistic forecasting or machine learning\nStrategy backtesting and performance analysis\nExperience moving quantitative research into live production\nThe strongest candidates will combine quantitative rigor with practical judgment, intellectual curiosity, and a willingness to take ownership of difficult, open-ended problems.\nThe annual base salary range for this position is $200,000 to $300,000 depending on the candidate’s experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus. In addition, DRW offers a comprehensive suite of 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.\nFor more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice.\nCalifornia residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.\n#LI-GV1","description_format":"text","description_chars":4326,"description_truncated":false,"requirements":{"experience_years_min":2,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":null,"security_clearance":false,"languages":[]},"benefits":["401k plan","Vision insurance"],"hiring_locations":[],"hiring_excludes":[],"relocation_offered":false,"industries":["Hedge Funds & Alternative Investments"],"lifecycle":[{"event":"open","at":"2026-10-05T19:18:13Z"},{"event":"close","at":"2026-10-15T22:53:13Z"},{"event":"reopen","at":"2026-10-16T23:51:39Z"}],"visa":[],"liveness":{"score":64,"band":"ok","label":"Likely open","p_open":1,"p_active":0.887,"p_room":0.72,"age_days":27,"expected_fill_days":75,"reasons":["conf:1","velocity","win:mid","crowd:junior,brand"],"computed_at":"2026-11-02T06:13:15Z"},"pay":{"stated_usd_annual":300000,"is_top_pay":true},"html_url":"https://alion.io/job/drw-quantitative-researcher-prediction-markets","json_url":"https://alion.io/job/drw-quantitative-researcher-prediction-markets.json","meta":{"generated_at":"2026-11-02T10:47:21Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers","about":"Alion is a live layer of people, companies and AI agents: who they are, whether they are real and active right now, what they do and how to work with them, readable by people and by agents and paid per call.","catalog":"https://alion.io/catalog.json","usage":{"tier":"crawler_verified","counted_by":"address","units_charged":1,"used_today":14970,"day_limit":null,"remaining_today":null,"minute_limit":300,"resets_at":"2026-11-03T00:00:00Z"}},"offers":[{"id":"company.slices","title":"One company in depth, by slice","status":"live","price":{"credits":0.02,"usd":0.002,"plus_per_slice":{"credits":0.05,"usd":0.005}},"unit":"per company, plus each slice with data","note":"the employer in depth","call":{"mcp_tool":"get_company","arguments":{"id":58537},"rest":"https://alion.io/mcp/rest/get_company?id=58537"},"human":"https://alion.io/catalog?offer=company.slices&for=job%2Fdrw-quantitative-researcher-prediction-markets"},{"id":"market.stats","title":"A market slice: pay, demand and time to fill","status":"live","price":{"credits":1,"usd":0.1},"unit":"per slice","note":"pay, demand and time to fill for this role and place","call":{"mcp_tool":"market_stats"},"human":"https://alion.io/catalog?offer=market.stats&for=job%2Fdrw-quantitative-researcher-prediction-markets"},{"id":"job.search","title":"Open jobs by role, technology, place, pay and visa","status":"live","price":{"credits":0.02,"usd":0.002},"unit":"per posting in a list","note":"similar open postings","call":{"mcp_tool":"search_jobs"},"human":"https://alion.io/catalog?offer=job.search&for=job%2Fdrw-quantitative-researcher-prediction-markets"},{"id":"company.verify","title":"Is this company real and active right now","status":"pilot","price":null,"unit":"per company","request":{"url":"https://alion.io/catalog/request","method":"POST","body":"{\"offer\": \"company.verify\", \"for\": \"job/drw-quantitative-researcher-prediction-markets\", \"note\": \"what you need it for\"}"},"human":"https://alion.io/catalog?offer=company.verify&for=job%2Fdrw-quantitative-researcher-prediction-markets"}],"agent":{"mcp":"https://alion.io/mcp/jobs","mcp_open":"https://alion.io/mcp/open","next":[{"tool":"get_job","arguments":{"id":1924392}},{"tool":"search_jobs","arguments":{"company":"drw.com","detail":"compact"}},{"tool":"match_people","arguments":{"job_id":1924392},"note":"people open to offers who fit this vacancy"}],"note":"The same data through MCP tools: https://alion.io/mcp/open needs no sign-in (compact searches, postings, people); https://alion.io/mcp with an Alion account has everything. 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