Trader, Macro

Join our D. E. Shaw group in New York The D. E. Shaw group seeks traders to join its Macro team, focused on foreign exchange, developing, and emerging markets. The Macro group offers a collegial working environment, the chance to collaborate with an innovative team, and substantial growth opportunities. What you’ll do day-to-day Employ quantitative financial methods to identify risk factors in the market and recommend trading opportunities.

Create mathematical models to improve analytical tools. Analyze market fundamentals and develop quantitative forecasts using statistical and time ‑ series analytical techniques. Link market fundamentals to price movements through the application of linear algebra and statistics to quantify fundamental impacts. Leverage expansive datasets with data ‑ science techniques to discern trading patterns and generate novel insight into market fundamentals.

Design and develop data ‑ visualization tools to generate insights into the market. Apply mathematical techniques to assess and identify systematic mispricing and explore patterns hidden in price data. Integrate analysis and insight to update market views, recommend trading opportunities, identify risk factors, and communicate opinions. What we’re looking for A master’s degree in applied mathematics, finance, economics, or a related field of study.

Knowledge or experience in the following must have been gained through academic research and/or coursework: mathematical modeling and time-series forecasting; linear and nonlinear models; data science, including data cleaning, visualization, and regression analysis; statistical and machine learning algorithms; deploying AI techniques on existing analyses; computational simulation and modeling in Python, Stata, and Matlab; machine learning techniques, including GMM, principal components analysis, and data-driven choice of tuning parameters; econometrics; linear algebra; and signal processing and statistics.

As is customary for the employer, applicants who pass initial screening will be required to complete and pass a technical screening. The annual base salary for this position is $250,000 - $300,000. Our compensation and benefits package includes variable compensation in the form of a year-end bonus, guaranteed in the first year of hire, and benefits including medical and prescription drug coverage, 401(k) contribution matching, wellness reimbursement, family building benefits, and a charitable gift match program.

Please email your resume and cover letter to [email protected]. Please reference 2026-6057 CWA in the subject or body of your email.