Quantitative Developer - Crypto

Job Title:Quantitative Developer (Java)

Location:London

Description of Role and Seniority:The role involves working as a Quantitative Developer within a team that combines innovative technology and robust risk management to identify trading opportunities and provide electronic liquidity in spot FX, Futures, Crypto currency instruments, and Index Swaps. The team handles high-performance, distributed systems that manage high message rates, large order bursts, and significant market risk. The quantitative development team collaborates closely with quantitative researchers to implement new trading models and with the trading team to actively monitor the system.

This project represents a great opportunity for a motivated engineer to architect a greenfield trading platform in a meritocratic environment. There is considerable scope for writing and improving the trading strategies in collaboration with our highly skilled team of quants and engineers. The successful candidate will gain valuable exposure to existing strategies deployed across other asset classes outside of crypto, providing an opportunity for growth

Key Responsibilities:

• Develop and manage the technology stack from price construction to risk management and order execution.
• Provide crypto CFD pricing and build out the team to expand in this area.
• Build a market-making business in crypto, including developing a system that can hedge and run proprietary risk.
• Work closely with the quant research team on a greenfield build to provide a crypto market-making capability in Java.
• Contribute to the monitoring, development, and improvement of trading strategies, including robust risk management and mark-to-market portfolio valuation.
• Establish automated deployment management via AWS (or similar) for optimal trading performance.
• Develop components alongside the existing high-performance trading architecture.

Must-Have Technical Skills:

• Proficiency in Java, with experience in developing and maintaining crypto market-making strategies both on exchange and/or OTC.
• Strong academic background in a numerate or technical subject.
• Ability to work closely with quantitative researchers to implement and improve trading strategies.
• Some exposure to Java technologies such as SBE, Aeron, and Disruptor.
• Experience with cloud-based automated deployment strategies.

Nice-to-Have Technical Skills:

• Experience with time-series data analysis, particularly in FX.
• Knowledge of KDB is a plus but not essential.

Must-Have Business Skills:

• Experience in the crypto domain, particularly in providing client pricing in bitcoin and managing the associated risks.
• Understanding of market-making in FX and crypto, including distribution and pricing mechanisms.

Nice-to-Have Business Skills:

• Knowledge of efficient communication of pricing data between different locations, such as AWS in Hong Kong and Tokyo.

Other Essential Skills:

• Strong communication skills and the ability to work in a collaborative environment.

Interview Process:

• Phone interview.
• Technical test to check proficiency in Python/Java.
• Verbal interview to discuss the candidate's experience and skills.
• Three rounds of interviews in total.

Team Size & Office Location/Culture:

• Team size: 3 (CTO, 1 joining).
• Office location: London.
• Culture: Collaborative and meritocratic environment.

Remote/Hybrid Days:

• 4 days in the office per week.