Quantitative Strategist

2 weeks ago


New York, United States The Ladders Full time
Paradex is a cutting-edge decentralized exchange (DEX) built on an Ethereum Layer 2 solution tailored for high-performance derivatives trading. Our platform features lightning-fast order execution, deep liquidity powered by Paradigm, and innovative on-chain risk management. Built on Starknet's first Appchain, Paradex leverages advanced zero-knowledge technology for secure, scalable transactions. Backed by top-tier investors and incubated by Paradigm, we're rapidly growing and committed to building a transparent and adaptable DEFI ecosystem. Join us as we push the boundaries of blockchain, finance, and engineering.

The role

We are seeking an experienced Quantitative Strategist to join the Quantitative Research team. You will work on building a trading and risk infrastructure for a decentralized clearing and settlement protocol. Some recent exciting projects include:
  • Designing a prototype implementation of the protocol functionalities to simulate a derivatives market with a variety of products and an advanced risk engine
  • Building internal trading algorithms to simulate market liquidity and trading activity within the test environment of the protocol
Responsibilities
  • Building a prototype library for a sophisticated decentralized derivatives and spot clearing and settlement protocol
  • Implementing unit tests and integration tests to validate the implementation and assess the risks under stressed scenarios
  • Monitoring market liquidity risk, insolvency risk and other relevant protocol risks
  • Designing and implementing a methodology to construct a market options volatility surface for pricing purposes
  • Communicating requirements effectively within and across teams
Requirements
  • A strong background in mathematics with good knowledge of probability theory, statistics and numerical methods
  • Good understanding of financial derivatives and market microstructure
  • Proficiency in back-testing, simulation, and statistical techniques
  • Strong programming skills with quantitative languages such as Python, C++, Go
  • Knowledge of options pricing models
  • Strong interest in crypto and DeFi
  • Strong attention to detail and accuracy
  • Ability to think independently and communicate complex ideas clearly
Nice to have
  • Experience working for a DeFi/CeFi exchange
  • Exposure to machine learning techniques and experience applying them to financial data
Paradex Overview

First Appchain on Starknet

First to pilot 40 Million Cairo Steps / Block on Mainnet

First to deploy Quantum Leap (Starkware's New Rust Sequencer)

First to leverage fully open source Sequencer + Prover stack for escape hatch solution (Q224)
  • Paradex's V1 go-to-market focuses on perpetual futures trading, however our mission is to develop a permissionless and adaptable ecosystem for DEFI builders and developers. This ecosystem aims to support a broad range of on-chain financial services and innovation within the Paradex L2 framework, such as borrowing, lending, fund management, and structured products.
  • We are backed by the leading traders and investors in the space, including Jump Capital, Dragonfly Capital, DCG, QCP Capital, GSR, Amber Group, Optiver, IMC Trading, Akuna Capital, CMT Digital, Avon Ventures (Fidelity), Vectr Ventures and many more large institutions.
  • We are incubated by Paradigm, the largest institutional liquidity network in crypto and global leader in crypto options with over 30% market share and $20B in monthly volume.
  • Our team consists of seasoned industry professionals and innovative technologists drawing experience and expertise from a wide range of preeminent firms across the cryptocurrency, financial and big tech industries (Binance, Bitmex, Genesis, Paradigm, Goldman Sachs, Morgan Stanley, Google, Meta etc). The team is deeply committed to advancing the intersection of blockchain, finance, and engineering.
Highlights

We are growing at lightspeed, achieving $200 million in average daily volume (ADV) within just five months of launch.
  • $13B Lifetime Volume (launched Closed Beta in Oct 23)
  • $9m Total Value Locked
  • Paradex is committed to building transparently in public, we openly share our key platform stats


  • New York, United States ParagonAlpha Full time

    This is a unique position to work in an investment-strategist capacity for a leading systematic macro hedge fund group. The role will span economic research, idea generation, signal and strategy development, portfolio construction and risk management, and have a heavy emphasis on the use of fundamental macroeconomic data as inputs into systematic trading...


  • New York, United States Selby Jennings Full time

    Job Description: Quantitative Strategist - Agency Mortgage-Backed Securities (MBS) Location: New York Department: Centralized Mortgage Strats Team Position Type: Full-Time About the Firm: Join a top-tier multi-manager hedge fund known for its collaborative culture and innovation-driven investment strategies. We specialize in a wide range of asset classes...


  • New York, United States Non-Disclosed Full time

    A lean, highly profitable & industry-leading trading team is looking for an experienced Quantitative Strategist to join its Equity Derivatives business. This is the opportunity to sit in an incredibly high-impact role that offers high visibility and autonomy that many investment banks simply cannot. This is a hands-on, technical role that is directly...


  • New York, United States Non-Disclosed Full time

    A lean, highly profitable & industry-leading trading team is looking for an experienced Quantitative Strategist to join its Equity Derivatives business. This is the opportunity to sit in an incredibly high-impact role that offers high visibility and autonomy that many investment banks simply cannot. This is a hands-on, technical role that is directly...


  • New York, United States Non-Disclosed Full time

    A lean, highly profitable & industry-leading trading team is looking for an experienced Quantitative Strategist to join its Equity Derivatives business. This is the opportunity to sit in an incredibly high-impact role that offers high visibility and autonomy that many investment banks simply cannot. This is a hands-on, technical role that is directly...


  • New York, New York, United States Anson McCade Full time

    Exciting Opportunity as Quant Portfolio Manager at a Leading Multi-Strategy Hedge FundAnson McCade, a prestigious Multi-Strategy Hedge Fund, is seeking a talented Quantitative Portfolio Strategist to specialize in Intraday or Mid-Frequency strategies within various financial markets. If you are experienced in cash equities, liquid futures/ETFs, or volatility...


  • New York, New York, United States Garrison Associates, LLC Full time

    Senior Quantitative Portfolio StrategistGarrison Associates, LLC is seeking a highly skilled and experienced Senior Quantitative Portfolio Strategist to join their Portfolio Analytics Group.Job SummaryThe successful candidate will be responsible for owning and enhancing existing manager selection, market risk, attribution, and reporting analyses, as well as...


  • New York, New York, United States Selby Jennings Full time

    Job Summary:Selby Jennings is seeking a highly skilled CLO Quantitative Strategist to join our team in New York. As a key member of our credit business, you will be responsible for developing and implementing new CLO pricing models, collaborating with our Quant leadership team to drive strategy and roadmap decisions, and working with engineering teams to...


  • New York, New York, United States Kershner Trading Full time

    Kershner Trading Group, a prominent proprietary trading and technology firm, is in search of Senior Quantitative Portfolio Managers / Strategists specializing in the U.S. equity market and cryptocurrency. This role is situated within a dynamic research environment that values collaboration and innovation. We are looking for candidates who possess a strong...


  • New York, New York, United States Virtu Financial Full time

    About Virtu FinancialVirtu Financial is a leading financial services firm that leverages cutting-edge technology to deliver liquidity to global markets and innovative, transparent trading solutions to clients. As a market maker, Virtu provides deep liquidity that helps create more efficient markets worldwide.The RoleAs a Quantitative Strategist at Virtu...


  • New York, New York, United States Selby Jennings Full time

    About the Role:The Head of Rates E Trading at Selby Jennings is seeking a highly analytical and experienced Quantitative Strategist to join their team. As a key member of the Rates E Trading desk, you will be responsible for developing and implementing algorithmic pricing and hedging strategies to drive business growth and profitability.Key...


  • New York, New York, United States Kershner Trading Full time

    Kershner Trading Group, a prominent proprietary trading and technology firm, is in search of Experienced Quantitative Portfolio Managers / Strategists specializing in the U.S. equity market and cryptocurrency. This role is situated within a dynamic research environment that values collaboration and innovation. We are looking for individuals who possess a...


  • New York, United States C2R Ventures Full time

    Top Hedge Fund is looking for a Software Developer that will act as a Strategist to various Front Office trading teams. You will be part of a Front Office team that is well-positioned to make a significant and visible impact on different trading teams and businesses. You will work directly with various trading desks, leveraging technology to build tools...


  • New York, United States C2R Ventures Full time

    Top Hedge Fund is looking for a Software Developer that will act as a Strategist to various Front Office trading teams.You will be part of a Front Office team that is well-positioned to make a significant and visible impact on different trading teams and businesses.You will work directly with various trading desks, leveraging technology to build tools and...


  • New York, United States C2R Ventures Full time

    Top Hedge Fund is looking for a Software Developer that will act as a Strategist to various Front Office trading teams.You will be part of a Front Office team that is well-positioned to make a significant and visible impact on different trading teams and businesses.You will work directly with various trading desks, leveraging technology to build tools and...


  • New York, United States Saragossa Full time

    Saragossa is working with a specialized quantitative investment management company focused on research and development for systematic trading. They are seeking a Quantitative Researcher to join their world class team in Chicago or New York.In this role you would be getting in on the ground floor of a rapidly growing company, creating the proprietary trading...


  • New York, United States Saragossa Full time

    Saragossa is working with a specialized quantitative investment management company focused on research and development for systematic trading. They are seeking a Quantitative Researcher to join their world class team in Chicago or New York.In this role you would be getting in on the ground floor of a rapidly growing company, creating the proprietary trading...


  • New York, New York, United States J K Barnes Full time

    Company Overview: J K Barnes is a leading hedge fund focused on innovative investment strategies in the global financial markets.Position Summary: We are seeking a talented and experienced Senior Macro Investment Strategist to join our dynamic team. This role is essential for supporting our Portfolio Manager based in Hong Kong, as we expand our operations in...


  • New York, United States Onward Search Full time

    Onward Search is a specialized staffing and talent solutions company that helps professionals find top jobs with the nation’s leading brands. We’re looking to hire a Freelance Brand Strategist with ad agency experience for project-based work with a NYC-based creative agency.In this role, you'll support top-of-funnel brand development and positioning work...


  • New York, United States Onward Search Full time

    Onward Search is a specialized staffing and talent solutions company that helps professionals find top jobs with the nation’s leading brands. We’re looking to hire a Freelance Brand Strategist with ad agency experience for project-based work with a NYC-based creative agency.In this role, you'll support top-of-funnel brand development and positioning work...