Quantitative Trading Analyst

Startup Talents; Porto; On-site; EUR 70,000 - 120,000; Full time

Benefits offered by this job

Competitive compensation package

Opportunity to work with cutting-edge blockchain technology

Collaborative environment with highly skilled team members

Job summary

A dynamic tech startup based in Portugal is seeking a Quantitative Trading Analyst to architect and enhance their risk management engine. The ideal candidate will combine expertise in Traditional Finance and DeFi, employing advanced mathematical models to ensure protocol solvency and facilitate high-leverage trading of real-world assets. You will thrive in a collaborative environment and work with cutting-edge blockchain technologies. A competitive compensation package is offered, alongside the opportunity to work remotely.

Qualifications

• Advanced background in Mathematics, Statistics, or Financial Engineering.
• Strong proficiency in Python including libraries like pandas, numpy, scipy.
• Deep understanding of both Traditional Finance derivatives and DeFi primitives.
• Knowledge of TradFi derivatives and DeFi primitives.
• Familiarity with on-chain oracles (Chainlink, Pyth).

Responsibilities

• Architect and upgrade the risk management engine for the company's protocol.
• Quantify protocol risk and ensure protocol solvency.
• Optimize parameters for funding rates and ensure market balance.
• Build stochastic simulations for protocol solvency testing.
• Bridge TradFi pricing to on-chain implementation.

Skills

Quantitative Fluency

Python proficiency

Dual-Domain Expertise in TradFi and DeFi

Risk Systems Experience

Market Microstructure knowledge

Education

Advanced degree in Mathematics, Statistics, or Financial Engineering

Tools

Pandas

Numpy

Scipy

Job description

The company offers a perpetuals DEX platform engineered specifically for Real World Assets that enables trading of a set of assets that were previously unavailable on-chain, from gold, copper, to wheat, oil, and forex pairs to the most popular product in DeFi through trade execution at prices fed in via Chainlink’s new Functions product. It builds on the massive growth in on-chain perpetuals, bringing a first-of-its-kind twist through a focus on RWAs.

This company makes it possible for anyone with a digital wallet to trade stocks, commodities, currencies, and crypto with full transparency without brokers, freezes, nor hidden spreads.

They are hiring a Quantitative Trading Analyst ideally based in Portugal, or in Europe (Hybrid remote)

MISSIONS

As a Quantitative Trading Analyst your role is to architect and upgrade the risk management engine that secures the company's protocol. You will be the bridge between Traditional Finance derivatives and DeFi market structures. Your mandate is to rigorously quantify protocol risk, designing systems that allow for high-leverage trading of real-world assets while mathematically ensuring protocol solvency.

This is a perfect role for someone who is passionate about DeFi, thrives on solving complex mathematical problems at the intersection of TradFi and crypto, and wants to architect the financial engine of on-chain RWA trading.

You will be in charge of:

• Risk Engine Architecture: Architect and backtest core protocol parameters, including maintenance margins, liquidation thresholds, and insurance fund models for diverse asset classes.
• Mechanism Design: Optimize mathematical models for funding rates, open interest caps, and AMM logic to minimize toxic arbitrage and ensure market balance.
• Stress Testing: Build stochastic simulations to test protocol solvency against extreme volatility and black swan events.
• System Optimization: Analyze post-trade data to detect inefficiencies in our oracle or margining systems and engineer quantitative solutions to fix them.
• TradFi-to-DeFi Bridge: Adapt traditional derivative pricing models (VaR, Greeks) into gas-efficient logic suitable for on-chain execution.

Requirements

Quantitative Fluency: Advanced background in Mathematics, Statistics, or Financial Engineering, with strong proficiency in Python (pandas, numpy, scipy).

Dual-Domain Expertise: Deep understanding of both Traditional Finance derivatives (Futures pricing, options theory) AND DeFi primitives (AMMs, Perpetual DEXs).

Risk Systems Experience: Proven track record of building or auditing risk engines, margin models, or liquidation systems in HFT or DeFi.

Market Microstructure: In-depth knowledge of the economics between liquidity providers and takers, including the relationship between inventory risk, spreads, volatility, and credit.

Preferred Qualifications

Experience with RWA markets (Commodities, FX) and their specific volatility characteristics.

Understanding of smart contract constraints (Solidity/EVM) to ensure your mathematical models are implementable on-chain.

Experience engaging with on-chain oracles (Chainlink, Pyth) and understanding latency risks.

• Competitive compensation package
• Opportunity to work with cutting-edge blockchain technology
• Collaborative environment with highly skilled team members