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        Macro Trader

        Various
        New York

        Join our D. E. Shaw Macro team in New York. The D. E. Shaw group seeks traders to join its Macro team in New York, 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

        • Formulate and apply mathematical modeling and other optimizing methods to develop and interpret information to make trading decisions.
        • Collect and analyze data and develop algorithms, forecasting models, and trading tools that will be used to trade in the U.S. markets.
        • Analyze profit and loss in our trading portfolio and improve the current trading strategies.
        • Generate a daily profit and loss report and assist with the updating of our database.
        • Monitor our trading book positions during the day.
        • Study and explore new trading strategies and run back-test analyses.
        • Develop and improve our existing trading tools.
        • Utilize statistical and machine learning techniques to generate trading ideas and manage risk.
        • Analyze trading ideas using several variations of regression and other data analysis techniques.
        • Analyze position risks using statistical, optimization, and other mathematical techniques.
        • Make extensive use of derivative securities, such as options, which requires the application of financial mathematics and algorithms.
        • Scrutinize supply and demand balance in currency markets to identify possible future changes in the balance.

        Who we’re looking for

        • A bachelor’s degree in finance, economics, statistics, mathematics, or a related field of study is required.
        • Two years of experience in the following is required: mathematical modeling and time-series forecasting; data analysis, including regression modeling and statistical data processing; Microsoft Excel, Python, and JupyterLab; providing input to, configuring, and interpreting the output of financial pricing and valuation models; economic and financial flow data, including balance of payments data; back-testing and validating quantitative forecasting and trading models using historical market and economic time-series data; building and interpreting scenario simulations to assess portfolio, revenue, and risk outcomes; designing technical specifications for data-driven financial software tools and working with engineering teams to implement and deploy those tools; and designing and coding automation workflows for gathering, cleaning, and analyzing financial data.
        • The annual base salary for this position is $275,000- $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, 401k 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 and reference 2026- 5914 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.