Core Quantitative Developer
Join FalconX as a Core Quantitative Developer to shape trading strategies and manage financial risks in the crypto market.
Posted by employer 2 weeks ago
First seen on Joblaze 1 week ago
Last verified on the company career page 1 day ago
Skills & Technologies
Requirements
- Education
- Master's degree
Not disclosed in this posting: years of experience, work arrangement, visa sponsorship.
Benefits
Joblaze summary
In the role of Core Quantitative Developer at FalconX, the individual will take charge of developing and implementing quantitative models to manage financial risks associated with electronic trading products. Proficiency in programming languages like Python or R, along with a solid understanding of financial instruments and risk management, is essential for success. This position is ideal for candidates with advanced degrees in quantitative fields and a strong analytical background, particularly those who thrive in fast-paced environments. FalconX's commitment to innovation in the crypto market makes this a dynamic opportunity for professionals looking to make a significant impact.
Joblaze insights
- Listed 9 days ago on Joblaze — tracked directly from FalconX's career page.
- FalconX has 20 other open roles including Trade Operations Associate, Counsel, Structured Finance, Execution Trader.
- 6517 active Python roles on Joblaze right now.
- 798 active Machine Learning roles on Joblaze right now.
- 279 active R roles on Joblaze right now.
- Salary band is above the typical range for Data Science roles (median ~$164,695).
- Pays more than 86% of the 3224 salaried Python roles we track (median $160,000). See Python salary trends
Quick facts
- What's the salary range?
- FalconX lists $213,000–$240,000 for this role.
- What's the tech stack?
- Joblaze extracted these technologies from the posting: MATLAB, Machine Learning, Python, R, Risk Management, quantitative models.
- What seniority level is this role?
- FalconX targets mid-level candidates for this position.
- Is this full-time or contract?
- Full-time for this Core Quantitative Developer role at FalconX.
From the original posting
Who are we?
FalconX is a pioneering team of operators, investors, and builders committed to revolutionizing institutional access to the crypto markets. Operating at the intersection of traditional finance and cutting-edge technology, FalconX addresses the industry's foremost challenges: Navigating the digital asset market can be complex and fragmented, with limited products and services that support trading strategies, structures, and liquidity found in conventional financial markets. As a comprehensive solution for all digital asset strategies from start to scale, FalconX operates as the connective tissue empowering clients with seamless navigation through the ever- evolving cryptocurrency landscape.
Impact
At FalconX, you’ll help make crypto assets a successful asset class. Some of the largest financial institutions from Wall Street to Silicon Valley and around the world will turn to you for the best market prices and insights on the crypto industry. You will become the expert on crypto industry trends and market movements. With your experience, you will shape our company’s trading strategies according to our core values - speed, transparency and trust.
As a core quant developer you’ll:
As a Quant Developer you’ll be focused on end to end ownership of electronic products and services. You will play a critical role in developing models and strategies to manage and mitigate financial risks associated with complex trading. You will work closely with cross-functional teams to ensure robust risk management frameworks are in place.You will ensure the pricing and risk management framework of our electronic products are up to the highest standards.
Key Responsibilities
- Model Development: Design and implement quantitative models to assess and manage financial risks, including market, credit, and operational risks.
- Pricing and Risk Pipeline development: Conduct comprehensive risk assessments of our electronic pricing pipelines and scenario analyses to identify potential vulnerabilities and develop mitigation strategies.
- Data Analysis: Utilize advanced statistical techniques and machine learning algorithms to analyze large datasets and extract actionable insights.
- Collaboration: Work closely with traders, product managers, and other researchers to integrate risk management solutions into trading strategies.
Qualifications
- Advanced Degree: Master's or Ph.D. in Mathematics, Statistics, Finance, or a related field.
- Technical Proficiency:
- Strong experience with programming languages such as Python, R, or MATLAB.
- Familiarity with financial instruments, derivatives, and risk management frameworks.
- Analytical Skills: Strong problem-solving skills with a focus on delivering high-quality research and insights.
- Communication: Excellent communication skills with a collaborative mindset and attention to detail.
- Adaptability: Ability to thrive in a fast-paced, agile environment and adapt to changing priorities.
Bonus Criteria
- Experience with exotic products
- Experience with infrastructure systems.
- Experience managing risk
- Experience with numerical methods and optimization
- Experience with React
The base pay for this role is expected to be between $213,000 and $240,000 in the New York City Area. This expected base pay range is based on information at the time this post was generated. This role will also be eligible for other forms of compensation such as a performance linked bonus, equity, and a competitive benefits package. Actual compensation for a successful candidate will be determined based on a number of factors such as location, skillset, experience, qualifications and the level at which the candidate is hired.
Notice at Collection and Privacy Policy
Applicants located in California and/or applying to a role based in California, please refer to our Notice at Collection and Privacy Policy here.
Inclusivity Statement
FalconX is committed to building a diverse, inclusive, equitable, and safe workspace for all people. Our roles are intended for people from all walks of life. We encourage all those interested in applying to our organization to submit an application regardless if you are missing some of the listed background requirements, skills, or experiences!
As part of our commitment to inclusivity, FalconX would like to acknowledge that the EEOC survey has limited potential responses that you can select. For legal reasons, FalconX must use this language to align with federal requirements, however, we want to ensure that you are able to provide a response to our own voluntary survey questions about your identity that best aligns with your most true self.
FalconX is an equal opportunity employer and will not discriminate against an applicant or employee based on race, color, religion, national origin, ancestry, ethnicity, sex (including gender, pregnancy, sexual orientation, and gender identity), age, physical or mental disability, veteran or military status, genetic information, citizenship, or any other legally-recognized protected basis under federal, state, or local law.
Applicants with disabilities may be entitled to reasonable accommodation under the Americans with Disabilities Act and other applicable state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on FalconX. Please inform FalconX’s People team at recruiting@falconx.io, if you need assistance with participating in the application process.