At Paradigm, we are changing the future of finance! By joining us at this early stage, you’ll be building cutting-edge, distributed financial service infrastructure that will reshape financial services across CeFi and DeFi markets.
About Paradigm
Paradigm is a zero-fee, institutional liquidity network for derivatives traders across CeFi and DeFi.
We provide unified access to multi-asset, multi-protocol liquidity on demand without compromising on execution preferences, costs, and immediacy.
We’ve built the largest network of institutional counterparties in crypto, with over 1000 institutional clients trading over $10 B per month.
We are a diverse, global team led by our organizational principles and united by our mission to bring on-demand liquidity for traders, anytime and anywhere, without compromises. We also strive to ship faster than anyone else in the industry!
We are backed by the best traders and investors in the space, including Jump Capital, Genesis Trading, Dragonfly Capital, QCP Capital, Optiver US, IMC, GSR Markets, Akuna Capital, Fidelity Digital Assets CMT Digital, Goldentree Asset Management, Amber Group, OK Group, Bybit Fintech, and CoinShares.
The role
We are seeking an experienced Quantitative Strategist to join the Quantitative Research team. You will work on building a trading and risk infrastructure for a decentralized clearing and settlement protocol.
Some recent exciting projects include:
Designing a prototype implementation of the protocol functionalities to simulate a derivatives market with a variety of products and an advanced risk engine
Building internal trading algorithms to simulate market liquidity and trading activity within the test environment of the protocol
Responsibilities
Building a prototype library for a sophisticated decentralized derivatives and spot clearing and settlement protocol
Implementing unit tests and integration tests to validate the implementation and assess the risks under stressed scenarios
Monitoring market liquidity risk, insolvency risk and other relevant protocol risks
Designing and implementing a methodology to construct a market options volatility surface for pricing purposes
Communicating requirements effectively within and across teams
Requirements
A strong background in mathematics with good knowledge of probability theory, statistics and numerical methods
Good understanding of financial derivatives and market microstructure
Proficiency in back-testing, simulation, and statistical techniques
Strong programming skills with quantitative languages such as Python, C++, Go
Knowledge of options pricing models
Strong interest in crypto and DeFi
Strong attention to detail and accuracy
Ability to think independently and communicate complex ideas clearly
Nice to have
Experience working for a DeFi/CeFi exchange
Exposure to machine learning techniques and experience applying them to financial data
Our Benefits And Perks
Competitive pay and transparent pay bands
Flexible work environment
Unlimited vacation with a minimum required PTO of 10 days annually.
Celebrate your national holidays, in addition to floating holidays, to honor what matters to you, not HQ.
Full benefits (benefits vary by country)
We offer the highest benefits package offered by our Employment of Record partners; insurance carriers and plans vary by country
Generous technology and learning allowances
$3500 first-year budget to spend on your computer, peripherals, office essentials...whatever makes you most efficient and comfortable. You'll then receive a $2000 refresh every 2 years.
$1000 budget to spend on learning and development materials, courses or conferences.
Paradigm is an equal opportunity employer.
Seniority level
Entry level
Employment type
Full-time
Job function
Finance and Sales
Industries
Financial Services
Referrals increase your chances of interviewing at Paradigm by 2x