DRW

Business Manager

DRW$120K — $150K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 2 years of experience in a trading environment (front office, operations, or risk management)
  • Experience onboarding new clearing firms, exchanges, and execution systems
  • Project management experience is crucial
  • Ability to coordinate with teams across multiple regions
  • Understanding of regulatory and legal factors in trading
  • Direct experience working with traders
  • Strong organizational and communication skills

Responsibilities

  • Manage assessment and implementation of new trading initiatives and access changes
  • Gather data and define project scopes based on requirements
  • Communicate project details to support teams clearly
  • Liaise with internal and external parties as needed
  • Oversee project management initiatives to ensure timely completion
  • Assist in managing exchange relationships for product launches and incentive programs
  • Serve as the main point of contact for traders on trading inquiries

Benefits

  • Comprehensive group medical, dental, and vision insurance
  • 401k plan with discretionary employer match
  • Short and long-term disability insurance
  • Life and AD&D insurance
  • Health savings and flexible spending accounts
Full Job Description
As a Business Manager in our Chicago office, you'll help manage the rollout of new trading initiatives in the America's region. You'll liaise with a variety of internal and external teams to perform initial due diligence activities, shepherd and monitor new business processes, and ensure the successful launch and onboarding of new trading products, traders and venues.

Core Duties:
  • Manage the assessment and implementation of new trading initiatives and trading access changes including onboarding/decommissioning of traders, exchanges, products, execution systems, clearing firms, etc.
    • Gather relevant data, details, and timelines
    • Use critical thought to define scope based on provided requirements
    • Clearly communicate details to all support teams
    • Liaise with internal/external parties as needed
    • Project manage initiatives to completion with a quick turnaround and transparency throughout the process
  • Assist with managing exchange relationships which includes new product launches, rebate/incentive programs, new exchange onboardings, etc.
  • Act as point of contact for traders on a variety of trading inquires

Required Skills & Experience:
  • 5 - 10 years of experience working in a trading environment (front office, operations, risk management, regulatory/compliance, business analysis, project management, client services, administration, etc.)
  • Experience onboarding new clearing firm/prime brokerage relationships, exchanges, rebate programs, counterparties (KYC) and execution systems
  • Previous project management experience
  • Experience working/coordinating with teams located in multiple regions (US, Europe, and Asia)
  • Understanding of general regulatory, tax, risk, treasury, capital, and legal factors impacting the onboarding of new business initiatives
  • Previous experience working directly with traders
  • Demonstrated success in a fast-paced organization with frequently changing priorities
  • Strong interpersonal, written and verbal communication skills
  • Proven organizational skills and the ability to manage multiple concurrent tasks and projects
  • Must have strong attention to detail and excellent follow-through
  • Ability to quickly grasp new concepts, technology, and terminology
  • Must be action-oriented with a strong sense of urgency

The annual base salary range for this position is $120,000 to $150,000 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.

#LI-DW

About DRW

DRW is a financial trading firm that specializes in derivatives trading. The company was founded in 1992 by Don Wilson and has since grown to have offices in Chicago, London, Montreal, New York, and Singapore. DRW trades a variety of financial instruments, including futures, options, and cryptocurrencies. The company is known for its quantitative trading strategies and has developed a number of proprietary trading systems. DRW is also involved in venture capital and has invested in a number of technology startups.
Learn more about DRW
Size
1,000 employees
Industry
Founded
1992

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