Quant Trading Assistant

FalconX

Job Description

Who are we?

FalconX is one of the fastest-growing startups in FinTech. We are redefining prime brokerage from the ground up.

We are backed by some of the best investors in the world including Accel, American Express, B Capital, Coinbase, Fidelity, Lightspeed Venture Partners, Fenbushi Capital and Tiger Global Management + more yet to be publicly disclosed.

We deliver institutional digital asset traders best-in-class trading, credit, custody and structured products. We trade, lend and secure tens of billions of dollars monthly, are highly profitable, and growing fast, so we need your help!

We are data-driven. Whether it's a growth or product decision, we believe data can always help us make more precise and informed choices.

We move fast. Speed of execution is essential for any startup, but we believe this is even more pertinent in our 24/7 industry.

We prioritize learning. Outcomes are mission-critical, but we also believe that learning in success and in failure will drive our continued success. Our industry is emergent - there’s no shortage of experiments to get involved with and to continue growing and learning together.

FalconX has offices in San Mateo, Chicago, New York, and Bangalore.

Who is on the team?

We are entrepreneurs. Many in our company have been founders or have aspirations to eventually start their own company. We take these ambitions and experiences to bring a solutions-oriented mindset to the problems we encounter day-to-day.

We are experienced. We have been fortunate to have learned from mentors and peers at institutions such as Google, LinkedIn, JUMP Trading, Citadel, PEAK6 Investments, Goldman Sachs, Harvard Business School, Carnegie Mellon, IIT + more.

Success

The trading business is one of the foundational pillars of the firm. As a quant trading operator, you will monitor and manage hundreds of algorithms running 24/7/365 across our production environments with multiple liquidity sources globally. You will help us manage our client flows and be instrumental in maintaining accurate records, troubleshooting problems, and escalating issues. You will also help the firm continue to deliver the most comprehensive prime brokerage experience for all digital asset services.

Responsibilities

Monitor trading algorithms and trading systems for uptime and performance.
Calibrate and enhance trading algorithms to optimize for PnL.
Ensure accurate trade capture and settlement.
Diagnose issues and escalate root causes to maintain execution excellence.
Execute and maintain up-to-date position reconciliation with a high degree of accuracy and timeliness.
Compile and analyze metrics for trading to enhance and improve trading strategies.
Work with various teams on projects related to the growth of business.
Work closely with accounting and operations teams to ensure record accuracy and investigate discrepancies in a timely manner.

Qualifications