What is the team role within Falcon X?
The quant team at FalconX is divided into 3 verticals:
- Services: which consists on complex pricing and risk management methodologies, together with execution build for our OTC desks
- Options MM: consists mainly of Market Making derivatives, either as a service or for profit as business owners.
- D1 Team: consists of quantitative traders that provide Market Making services to the firm, and own discretionary risk specifically for linear products.
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 Backend Engineer on the Market Making team you ll:
As a Backend Engineer focused on our Market Making team, you will be at the heart of developing and enhancing systems that provide critical insights and tools for growing this rapidly scaling business. You will work closely with cross-functional teams to deliver robust, scalable, and user-friendly applications.
- Partner with the market making team to build the backend infrastructure for pricing and risk management methodologies for complex and new products
- Develop fundamental models in support of the three verticals of the team.
- Promote strong collaboration within a cross functional team, including design, product management, traders, quants and trade operations
- Solve technical problems of high scope and complexity
- Be involved in some of the most innovative products within the industry, like correlation exotics, missing data vol pricing, etc.
Job requirements
- An advanced degree in Computer Science, Mathematics or related field.
- Proficiency in python and preferably a low level language and basics of a UI framework.
- Familiarity with distributed systems.
- Familiarity with Derivative Products and Risk management frameworks.
- Strong understanding of data structures, algorithms, and design patterns.
- Strong problem solving skills
- Strong communication skills and collaborative mindset with detail-oriented approach to operations
- Ability to move quickly and adapt to a fast moving environment
- Comfort working in a highly agile, intensively iterative software development process.
- Desire to work in an early stage product startups
Bonus Criteria
- Experience with exotic products
- Experience managing risk
- Experience with numerical methods and optimization
- Experience with React
