Quantitative Software Engineer
Job Description:
Who We Are:
Ethena Labs is a company focused on building innovative financial products within the cryptocurrency industry. Our team consists of experienced professionals from both traditional finance and crypto engineering sectors. We have the support and backing of major exchanges and trading entities.
What We are Doing:
We are developing derivative infrastructure for Ethereum to revolutionize the concept of Internet Bond. Our goal is to create the first crypto-native, yield-bearing synthetic dollar called sUSDe. We believe that solving the problem of creating a synthetic dollar without relying on traditional banking systems represents the largest opportunity in the crypto industry. Additionally, we are also working on other products such as fixed and floating rate internet bonds and composable repo leveraged markets.
The Team:
Our quantitative team is responsible for building and maintaining the necessary trading infrastructure for our delta-neutral USDe positions. Creating a synthetic dollar not reliant on existing banking infrastructure is the primary focus of our team.
Who We are Looking For:
We are seeking an experienced quantitative/trading engineer who is passionate about creating products in the crypto derivative landscape. The ideal candidate should be enthusiastic about joining an early stage team and taking ownership of the entire product development process. They should have at least 2 years of experience in developing software related to trading at market-making, exchange, or trading-oriented firms. Strong Python skills, computational fundamentals, and excellent analytical skills are necessary. Good communication skills and fluency in written and spoken English are also required.
Responsibilities:
The selected candidate will work on the internal trading system that covers various topics such as pricing, risk-management, low latency data capture, and order management. They will design and implement automated delta-neutral derivative strategies with a focus on portfolio hedging. Collaboration with custody and exchange partners is necessary to establish secure and reliable connectivity to various venues.
Requirements:
- Prior experience working for a startup is preferred.
- 2+ years of experience in a trading-related firm.
- Strong Python skills.
- Proficiency in computational fundamentals like networking and system utilization.
- Excellent analytical skills and clear communication ability.
- Fluent English, both written and spoken.
Nice to haves:
- Experience running and building market making engines.
- Familiarity with DeFi engineering principles and tools.
- Systems-level programming experience (C, C++, Rust, etc.).
Our Engineering Stack:
- Frontend: React, NextJS, Wagmi, Viem, TailwindCSS.
- Backend: Python, Solidity, SQL, GraphQL, DGraph, Docker, AWS, Ethereum.
Salary: $150,000 - $250,000 per year.
If you share our mission of separating the dollar from the state, we would love to hear from you! Please submit your application, and we will get in touch after reviewing it.
