Quant Researcher, Wintermute
More information about location
3-5 days a week in office
Algorithmic trading firm in digital assets
Open for applications
Algorithmic trading firm in digital assets
21-100 employees
Open for applications
More information about location
3-5 days a week in office
21-100 employees
Company mission
To enable, empower and advance the truly decentralized world for more transparent, fair and efficient markets and products.
Role
Who you are
- Quantitative degree in Mathematics, Statistics, Computer Science, Physics or related qualitative field. Post-graduate degrees may be a plus, but not expected or required
- Experience in market making, including signal design and HFT strategy development. We are also open to candidates with experience in MFT strategies
- Advanced Python coding skills. High-level understanding of C++ is a plus
- Other analytical tools and languages may be a plus
- Experience and advanced knowledge of statistics/machine learning/probability theory
What the job involves
- We are looking for a Quantitative Researcher with strong modelling and coding skills (Python). At Wintermute, you will be responsible for scaling and bringing our quantitative business to the next level. You will have the opportunity to cover all technologies (CeFi, DeFi), trading platforms and products (spot, derivatives, ETPs, etc.).
- You will work with other researchers, traders and developers to build trading strategies and improve existing algorithmic trading activities. Our experienced traders and developers will be on hand to provide advice and guidance, including the founders/management team. You will get a lot of independence and responsibility right away, and you'll learn at an unprecedented speed! No legacy systems, no corporate bureaucracy, it is up to you to make an impact
- Design and implement predictive quantitative trading market making as well as taking models
- Apply statistical techniques to develop short-term signals, with a time horizon from milliseconds to a few minutes
- Lead research efforts to improve signals and optimise parameters through back testing, across a wide range of trading products and technologies
- Proactively identify market microstructure patterns and trading opportunities by analysing vast quantities of tick level historical market data across many markets
- Run simulations and model market for both liquid and illiquid assets
- Improve and maintain supporting infrastructure in Python or C++
Salary benchmarks
Our take
Recent developments in mobile applications and financial tech have resulted in increased demand for digital assets such as cryptocurrencies, and this growing demand is putting pressure on traditional market makers. Ultimately, the increased scale and complexity of the new digital asset landscape has exposed inefficiencies in existing liquidity providers.
Wintermute uses an algorithmic approach to provide market-making services that facilitate digital asset liquidity with long-term scaling and efficiency in mind. The company currently provides its market-making services to over 50 centralized and decentralized trading platforms, including Binance, Coinbase, and Kraken.
The company has taken a unique approach towards market making by operating with the assumption that digital asset markets are only going to get bigger and more complex. By streamlining the market making process with algorithmic automation and thus optimizing efficiency, Wintermute presents itself as a future-proof solution for the rapidly scaling digital asset industry.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Employee endorsements
Nice people
"Very nice, motivated colleagues. Culture is strong, activities such as events and even an annual outing allows you to connect and make friends...."
Funding (last 2 of 4 rounds)
Jan 2021
$20m
SERIES B
Jul 2020
$2.8m
SERIES A
Total funding: $24.8m
Company benefits
- A unique opportunity to work on very interesting projects, get the level of responsibility and ownership that would be unlikely at any other project or trading firm
- A unique opportunity to join one of the strongest and most successful DeFi teams globally
- With Wintermute you don’t make a bet on a single product, platform, chain or technology; we’ll win if DeFi wins as a whole
- Great company culture: informal, non-hierarchical, ambitious, highly professional yet collaborative and entrepreneurial
- Option to work from London or Singapore offices, as well as remotely; we generally prefer at least 60% working from the office but are open to remote candidates
- Aligned incentive structure: high upside from performance-based variable pay with very transparent bonus system
- We offer standard perks too, like pension, private health insurance and free food, but that’s probably not the right reason to join us
Company values
- Ambitious: We set the most ambitious goals. We set the highest standards for ourselves and work hard. We play to win
- Collaborative: We go above and beyond to help our partners and counterparties grow. We work as a team, not as siloed groups and individuals. We are united by common goals and values
- Entrepreneurial: We love building new innovative things. We move very fast and focus on the results. We empower everyone from day 1 to act like an owner
- Meritocratic: We are non-hierarchical, informal, and direct. We focus on results above seniority and experience. We generously reward results
Company HQ
Westminster, London, UK
Articles
Leadership
Evgeny Gaevoy
(CEO)Holds an Executive MBA from London Business School. Joined Optiver as an Index Derivatives Trader, and was eventually made Head of ETF Business Expansion.
Share this job
View 9 more jobs at Wintermute