Senior Lead Trading Strategist
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. Working across teams, you’ll lead the design and development of low-latency systems that price markets, manage risk, and react to high-frequency events. 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.
- At least 7 years of experience in machine learning, quantitative modeling, or algorithmic strategy development. (required)
- Experience working with automated trading systems, prediction markets, sports betting, or crypto and decentralized finance environments. (required)
- Strong proficiency in Python (including NumPy, Pandas, and PyTorch) and experience with C++, C#, Java, or Rust for performance-critical systems. (required)
- Deep expertise in market making, market microstructure, liquidity modeling, and risk-aware optimization. (required)
- Strong foundation in statistical and probabilistic modeling, including time-series analysis and signal evaluation. (required)
- Strong leadership and communication skills, with a demonstrated ability to lead complex technical initiatives and influence cross-functional teams. (required)
- Comprehensive health benefits, including various medical plans, dental, and vision.
- Free access to wellbeing programs such as free therapy sessions with Lyra Mental Health Solution, Lyra Employee Assistance Program, the Calm App, Virtual Yoga Classes, and many more.
- 14 weeks of 100% paid parental leave to all global team members and workplace lactation support.
- Partnership with Care.com for care finder and backup childcare for U.S. employees.
- Range of benefits that support family planning, including adoption, surrogacy, fertility treatments, or other family planning.
- Flexible PTO for employees working in the United States.
- Pet insurance to help save on vet expenses for accidents, illnesses, and more.
- Gym reimbursement for part of your gym membership once enrolled in a health insurance plan.
- 401(k) matching and programs such as Origin Financial to help plan for your financial future.
- Commuter benefits to help lower costs on your daily commute.
- Tuition Reimbursement Program for eligible team members for educational courses related to their positions or another position at DraftKings.
- Bonus, equity, and benefits as applicable.
- US base salary range: 184,000.00 USD - 230,000.00 USD.
DraftKings Inc. is a leading American digital sports entertainment and gaming company, headquartered in Boston, Massachusetts. Founded in 2012, it started in daily fantasy sports and has grown into one of the largest US online sportsbook and iGaming operators. The company offers mobile sports betting, online casino and daily fantasy contests across regulated North American markets. DraftKings is listed on the Nasdaq stock exchange and employs several thousand people.
