[Hiring] Senior Lead Trading Strategist @DraftKings Inc.

Role Description

As a Senior Lead Trading Strategist, you’ll define and evolve the systems that power real-time market-making and automated trading at scale. You’ll operate at the intersection of quantitative research and production engineering, translating complex market behavior into high-performance trading strategies. Your work will shape how markets behave, driving innovation and unlocking new opportunities through data-driven strategy and technical leadership.

• Lead the design, implementation, and continuous refinement of market-making and trading strategies informed by market microstructure, participant behavior, and risk constraints.
• Translate quantitative research and hypotheses into scalable, production-grade trading systems in close partnership with Engineers, Data Scientists, and fellow Strategists.
• Architect and evolve backtesting frameworks that accurately model execution, liquidity dynamics, and behavioral responses.
• Develop and oversee real-time decision engines that price markets, optimize inventory, and react to high-frequency event streams.
• Set technical direction for trading systems, ensuring scalability, performance, and reliability in production environments.
• Contribute on monitoring, alerting, and observability standards for live systems, enabling rapid diagnosis and resolution of anomalies.
• Communicate strategy vision, system behavior, and business impact clearly to technical and non-technical stakeholders, influencing decision-making across teams.

Qualifications

• At least 7 years of experience in machine learning, quantitative modeling, or algorithmic strategy development.
• Strong proficiency in Python (including NumPy, Pandas, and PyTorch) and experience with C++, C#, Java, or Rust for performance-critical systems.
• Deep expertise in market making, market microstructure, liquidity modeling, and risk-aware optimization.
• Strong foundation in statistical and probabilistic modeling, including time-series analysis and signal evaluation.
• Experience working with automated trading systems, prediction markets, sports betting, or crypto and decentralized finance environments.
• Strong leadership and communication skills, with a demonstrated ability to lead complex technical initiatives and influence cross-functional teams.

Benefits

• The US base salary range for this full-time position is 184,000.00 USD - 230,000.00 USD, plus bonus, equity, and benefits as applicable.
• Our ranges are determined by role, level, and location.
• The compensation information displayed on each job posting reflects the range for new hire pay rates for the position across all US locations.
• Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training.
• Your recruiter can share more about the specific pay range and how that was determined during the hiring process.
• It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.

Company Description

We’re a publicly traded (NASDAQ: DKNG) technology company headquartered in Boston. As a regulated gaming company, you may be required to obtain a gaming license issued by the appropriate state agency as a condition of employment. Don’t worry, we’ll guide you through the process if this is relevant to your role.