Quantitative Researcher applicants have rated the interview process at DRW with 3.5 out of 5 (where 5 is the highest level of difficulty) and assessed their interview experience as 36% positive. To compare, the company-average is 45.7% positive. This is according to Glassdoor user ratings.
Candidates applying for Quantitative Researcher roles take an average of 17 days to get hired, when considering 28 user submitted interviews for this role. To compare, the hiring process at DRW overall takes an average of 19 days.
Common stages of the interview process at DRW as a Quantitative Researcher according to 28 Glassdoor interviews include:
Phone interview: 31%
Skills test: 21%
Presentation: 21%
One on one interview: 17%
Personality test: 7%
IQ intelligence test: 3%
Here are the most commonly searched roles for interview reports -
First step is about the 45min OA. It is not difficult. The problems are about the probability, statistics. There are six questions. And cannot use the calculator and make some programming.
Interview questions [1]
Question 1
A fair 7-sided die, the expected number of rolls need to see all 7 sides.
3 prob & stats questions - first round tech interviews. Interviewer is a trader. Questions are classic but need to be answered quickly so need some practice before the interview. I heard there will be 6-7 rounds overall
A very standard prcess. Firstly introduce myself based on the resume.
Some questions based on my previous experience are also expected.
The final step is a short brain teaser which is more like a routine with very low weight in the interview.
3 rounds zoom interview, first round with qr discussing about resume and some basic stats/linreg, second round with a pm with multiple math questions, and third round with the hm, talking about option pricing.
Interview questions [1]
Question 1
2iid RV, positive numbers, z = x/y, E(x/y)>1 or ≥1?