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Trader, Macro

D. E. Shaw & Co., L.P.
York, NY Full Time
POSTED ON 10/17/2026
AVAILABLE BEFORE 2/14/2027

Various
New York

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 recruitment-nyc@world.deshaw.com. Please reference 2026-6057 CWA in the subject or body of your email.

The D. E. Shaw group is an equal opportunity employer.

The applicable annual base salary or hourly rate paid to a successful applicant will be determined based on multiple factors, including without limitation the nature and extent of prior experience and educational background.

European Union (EU), United Kingdom (UK), California, Hong Kong, Singapore, or Shanghai candidates should refer to the corresponding linked privacy notice.

The D. E. Shaw group may collect, use, hold, transfer, and process candidates’ resumes and associated information (including personal information contained therein) for purposes reasonably related to their application, including without limitation: review and management of employment applications and supporting materials; administration and management of offers to and communication with candidates; and administration, management, and improvement of the recruiting operations of the D. E. Shaw group; and/or where reasonably required in connection with a proposed sale, spin-out, reorganization, or outsourcing of all or some of the business of the D. E. Shaw group. The D. E. Shaw group will not use such information for purposes unrelated to the foregoing, such as direct marketing of third-party products to candidates, without candidate consent. As used herein, the term “personal information” is meant to broadly describe information identifying or relating to a specific individual; it is intended to encompass “personal data,” “sensitive personal data,” and “personally identifiable information” and similar terms, as those terms are defined by law in the jurisdictions in which the D. E. Shaw group operates.

The D. E. Shaw group may transfer such personal information within and outside the country and jurisdiction of the locations where the D. E. Shaw group maintains offices, to other D. E. Shaw group affiliates, to government and regulatory authorities, and to third parties which provide or may provide support and/or services to the D. E. Shaw group and for the purposes set forth above. The persons who may have access to this personal information are other employees of the D. E. Shaw group, in connection with the performance of their duties of employment, and the other parties listed above, in connection with the business of the D. E. Shaw group. (Of course, candidates will be considered for employment opportunities only in those countries in which they express interest.)

The D. E. Shaw group will use reasonable care to maintain the confidentiality of personal information (including appropriate technical measures against unauthorized or unlawful processing and against accidental loss or destruction of, or damage to, such information) and will retain such data as required by applicable law or regulation. Candidates have the right to request access to, and correction of, their personal information in accordance with applicable law; any such request should be submitted to recruiting-inquiries@deshaw.com. Candidates who have submitted a resume to the D. E. Shaw group and do not wish to proceed with their applications should email cvwithdraw@deshaw.com. Personal information of candidates who have been the subject of background checks may have been transferred in accordance with applicable regulations, and any concerns with such transfers should be submitted to backgroundcheck-inquiries@deshaw.com.

The D. E. Shaw group may retain candidates’ information for prospective recruiting activities, including sourcing candidates for employment opportunities and for organizing events with prospective candidates, in accordance with our internal data retention procedures. Candidates who do not agree to such future use should email recruiting-inquiries@deshaw.com.

Salary : $250,000 - $300,000

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