Quantitative Developer (Derivatives)
Syndr
Estimated Salary: $112K-$188K
Location: Remote
### What you’ll do as a Quantitative Developer at Syndr:
* Design and develop complex quantitative models
* Build sample automated trading and market-making strategies for implementation as Syndr LP Pools or as Strategy Vaults.
* Research and analyze trading datasets to find market trends, exploitable patterns, and popular strategies which can be offered to our exchange users within DeFi
* Collaborate with Traders, Engineers, Users, and Researchers to build, test and optimize current platform models for risk and pricing.
* Engage in early development and transition towards a more researched-focused role
* Build the tooling to measure performance and manage risk across the protocol
### ✅ Requirements
* Python and Golang development experience
* Algorithmic trading experience, preferably equity/forex derivatives and/or market-making
* Expert knowledge of derivatives contracts, specifically European Options, Futures, and perpetuals.
* Real-world experience with derivatives pricing, hedging and risk models(greeks)
* Prior professional career as a quantitative developer
* Experience with Jupyter notebooks, Postman, Postgres
* Good with maths, statistics, probability and problem-solving
### ✅ You will stand out if you have…
* Experience with trading crypto derivatives i.e futures & spot on Deribit/Paradigm
* You have prior trading experience(in Traditional markets or crypto/DeFi), with knowledge of derivative products like futures, options, and perpetuals
* You have experience with other non-trading DeFi products like swaps, lending, etc.
* Experience working on trading systems and infrastructure
* Experience working with FIX APIs
### 🤝 Values & How we work?
The entire crypto space doesn't just move fast but is constantly accelerating. It’s hard building a DeFi product — it’s 24/7, 365 days a year, markets do not close, the ground beneath you can shift, assumptions can and do fail & risk of burning out is real.
* We take our product + brand very seriously.
+ If we see even a small flaw in our product, we always ask ourselves - **Why isn't this perfect?**
+ All members have perpetual autonomy to fix anything broken that we notice, and we do not wait for someone else to tell us what to do.
* Take extreme ownership of everything we do
+ If the team fails, everyone fails, so prioritize and execute.
+ We think long-term, set big goals, and communicate with clear directions and goals to achieve them. Everyone must understand not just what they're doing but also why they are doing it.
+ No Egos, lead by example, and mutual accountability.
* Strive for clear and simple communication - this is easier said than done but communicating the "why" of an issue is equally important as the "what.”
* All meetings have an agenda, with outcomes clearly defined as tasks and call-to-actions.
* Prioritize all tasks by - what is more important for our users without compromising on any of the above goals.
### What we offer
* Unique opportunity to work with a small, focused & ambitious team on very interesting projects and get the level of responsibility and ownership that would be unlikely at any other project.
* Great company culture: informal, non-hierarchical, ambitious, highly professional yet collaborative and entrepreneurial
* Sense of a Shared Mission
* Work on the latest technology, equipment, and web3 stack with dedicated budgets
* Flexible working hours
* Annual team retreat
* Competitive compensation