DRW

After resume submission, candidates complete a take-home technical challenge: a quantitative challenge focused on probability and logic for trader and researcher candidates, a coding challenge for developers. A roughly 45-minute phone interview follows, conducted by a practitioner in the relevant function – afternoons are preferred for trading slots, and developers are asked to have a computer ready for live coding. The final round is a two-day on-site at a DRW office with back-to-back technical and behavioural interviews, role-specific exercises, and team meetings. The loop is short enough to fit alongside the autumn bank deadlines, but the take-home probability/logic component and the in-person trading or coding exercises are not graspable from a generic banking-interview prep kit: a candidate running this in parallel with sell-side processes is preparing two distinct toolkits at once.

DRW hires early-career talent into three function tracks – developer, quantitative trader, and quantitative researcher – through two programs:

• Summer Internship: a 10-week program with structured learning opportunities throughout the summer, plus housing and mentorship.
• New Graduates Program: full-time hires into the same three function tracks, supported by a personalized learning program of self-directed experiences, internal and external experts, and hands-on projects.

Function track is the first real decision: trader, researcher, and developer applications all enter the same pipeline but split at the technical challenge into a probability/logic test or a coding test, so a candidate undecided between trading and engineering is in effect choosing which take-home to prepare for. Applications are read on a rolling basis, so the same submission landing in early summer faces a different roster than one landing in autumn.