Financial Engineer

Found in: beBee jobs US - 2 weeks ago


New York, New York, United States Overlay Protocol Full time
About Overlay:

Overlay is a decentralized futures protocol backed by the best crypto funds, including Polychain, 1kx & Parafi. Our protocol allows users to long/short any data stream using the native token OVL, eliminating the need for counter-parties and resolving liquidity issues. With this innovative approach, we enable trading on a myriad of markets ranging from Bitcoin to NFT indices and beyond.

Our mission is to significantly widen the financial horizon, and we value open-building, community prioritization, mutual support, open communication, inclusivity, and a touch of uniqueness in all we do (Bonus if you're a fan of cat gifs).

We are launching extremely soon, and are looking for someone who is hungry to work, quick to learn, and ambitious.

This is the job for you if you are extremely sharp, diligent, and want to contribute to a blockchain protocol that is well set to cultivate an entirely new ecosystem in crypto. If you are a good fit, we can hire you full time starting March and there is literally no ceiling to your growth in the position.

Role Overview:

As a Financial Engineer at Overlay Protocol, you will delve into the intricacies of market dynamics, leveraging data to design and implement robust market creation. Your expertise will directly contribute to the addition of hundreds of new markets within our ecosystem, ensuring a seamless and positive experience for our users.You will leverage your market expertise to set up risk parameters for new markets, understand and constantly pay attention to minting, from individual markets to the entirety of the Overlay ecosystem comprising hundreds to thousands of unique markets. At Overlay, you will be at the top of an emergency control pipeline, where you will constantly check for ecosystem health and worry about limited and broad market correlations, toxic flow, attacks on the system, general minting, and more.

Key Responsibilities:
Analyze a wide array of data streams to identify market opportunities and market inefficiencies within the Overlay Protocol ecosystem.
Design, develop, and deploy methodologies for new markets to Overlay Protocol
Perform time series analysis on data necessary for markets
Collaborate with the development team to integrate financial models into the Overlay Protocol platform.
Monitor and adjust markets and strategies in response to market conditions and protocol updates.
Be paranoid. Conduct risk analysis and implement measures to mitigate potential market risks.
Stay abreast of DeFi market trends and innovations to continuously improve our market creation capabilities.

Requirements:
B.A. Degree in Finance, Mathematics, Computer Science, or a related field; a Master's degree or Ph.D. is preferred.
Proven experience in financial engineering, quantitative analysis, or a similar role in the DeFi/crypto space.
Strong background in statistical modeling, algorithmic trading, and risk management.
Proficiency in programming languages such as Python, Solidity, with experience in developing trading algorithms.
Deep understanding of blockchain technology and the DeFi ecosystem.
Excellent analytical and problem-solving skills, with the ability to make data-driven decisions.
Self-motivated, with a passion for innovation and a desire to work in a fast-paced, dynamic environment.

Compensation:
We offer a compensation package that may include a base salary, performance incentives, token options, and other perks. The specifics will be discussed during the hiring process and are negotiable based on your expertise and fit.

At Overlay, we are not merely filling positions; we are welcoming individuals who resonate with our ethos and are ready to contribute to our collective mission. If you thrive in a dynamic, collaborative, and innovative environment, we invite you to be part of our journey into expanding the financial horizon.
Overlay Protocol focuses on Cryptocurrency. Their company has offices in Remote. They have a small team that's between 1-10 employees.
You can view their website at or find them on Twitter and LinkedIn.
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