Strategy Intern

Cumberland

Cumberland

Chicago, IL, USA
Posted on Monday, July 8, 2024

Our formula for success is to hire exceptional people, encourage their ideas and reward their results.

We are looking for a forward-looking Strategy Intern to identify, quantify and develop plans for new business opportunities to leverage our deep expertise in global markets and cutting-edge trading technology. This role will be part of a growing, centralized strategy team tasked with partnering with a diverse set of trading businesses across the firm to develop and execute on business plans. Within assigned areas of focus, you will be tasked with helping our operations, trading and technology teams think beyond today into what’s possible tomorrow, identify gaps in our team’s experience, and highlight underutilized expertise.

How you will make an impact…

  • Identify and define strategic priorities in close collaboration with DRW leadership
  • Build relationships across trading groups to identify opportunities and use our unique capabilities to expand into new or incremental opportunities
  • For selected projects, help drive implementation of new initiatives, in partnership with the relevant desk and a dedicated project manager
  • Deliver concrete and data-based business planning recommendations to senior leaders within DRW’s business units
  • Identify and investigate new business opportunities using market data and other market insights. This work will include:
    • Analyzing data from exchanges, including volume trends and new market efforts
    • Staying current on competitive landscape for current and potential opportunities
  • Provide insight to DRW leadership regarding cost models, scenario outcomes and technology, operations, and personnel requirements

What you will bring to the team…

  • Are pursuing a bachelor’s or master’s in Business, Finance, Economics, Mathematics or any related science discipline and have an expected graduation date between December 2025 and June 2026
  • Proven ability to work on cross-functional teams and collaborate with stakeholders
  • Ability to effectively leverage data to analyze and quantify new business opportunities
  • Understanding of derivative markets
  • Excellent writing and presentation skills

What to expect during the internship…

  • Meaningful projects: You’ll receive a challenging project to complete during your time here. Each project, advised by a software engineer, promotes a comprehensive learning experience and provides you with meaningful work experience.
  • Community: Throughout the summer, we host a variety of educational, social and team-building activities to foster friendship and camaraderie.
  • Housing: DRW provides fully furnished apartments located close to the office –making your morning commute as easy as possible.
  • Mentorship: You’ll build a professional relationship with an experienced mentor in your field. Mentors and mentees meet to discuss goals, challenges and professional development and explore the city together at our mentor outings.
  • Education: As technology continues to drive the trading industry forward, both in terms of new products and transaction methods, the future will present us with unique opportunities and challenges. To prepare you for how technology will continue to impact trading’s future landscape, you will complete an options course framed from a developer’s standpoint to help you visualize how your technology solutions will be used in real time. As the trading industry continually evolves, both in terms of new products and transaction methods, the future will present us with unique opportunities and challenges.

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.

Headquartered 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.

We 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.

For 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.

California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.

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