Business Manager
Cumberland
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.
We are seeking an experienced and proactive Business Manager to support the Commodities/Energy Business Unit. This role will be pivotal in implementing new trading initiatives, managing priorities, and maintaining strong relationships with various stakeholders including Front Office and support teams. The ideal candidate for this position possesses exceptional critical thinking skills, consistently challenges the status quo to foster innovation, exhibits robust communication abilities to articulate complex ideas clearly and persuasively, and brings proven project management expertise along with strong experience in energy trading and operations.
Core Duties:
- Strategic Partnership with Front Office:
- Engage in a strategic partnership with front office COOs and trading groups, assisting in the exploration and execution of new market opportunities.
- Assess impacts and necessary work for entry into new markets and facilitate the end-to-end process.
- Communicate initiatives effectively and efficiently to support teams and stakeholders.
- Compile quarterly reporting
- Project Management of New Trading Initiatives:
- Gather detailed information regarding new business attributes, scope, and requirements.
- Obtain necessary approvals from the new business working group and communicate details to all shared services teams.
- Develops an implementation plan and oversees the implementation of trading initiatives from inception to completion, ensuring quick turnaround and maintaining transparency throughout the process.
- Liaise with internal and external parties to facilitate these processes efficiently.
- Examples of new trading initiatives include onboarding of new traders, trading strategies and markets, exchanges, products, execution systems, and Prime Brokers/Futures Commission Merchants (FCM).
- Establish and Improve Process
Required Skills & Experience:
- Minimum of 5+ years of experience working in a trading environment or with capital markets preferably Commodities/Energy.
- Proven track record in leading large-scale initiatives involving multiple stakeholders.
- Experience coordinating with teams across various regions including Europe, Asia, and the US.
- Comprehensive understanding of regulatory, tax, risk, treasury, capital, and legal factors impacting new business initiatives.
- Demonstrated success in fast-paced settings with frequently changing priorities.
- Exceptional organizational skills with the ability to manage multiple concurrent tasks and projects effectively.
- Strong written and verbal communication skills.
- Proven ability to develop and maintain relationships with diverse stakeholders.
- Strong attention to detail and excellent follow-through.
- Ability to quickly grasp new concepts, technologies, and terminology.
- Must be action-oriented with a strong sense of urgency.
The annual base salary range for this position is $130,000 to $175,000 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.
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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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