Core Quantitative Developer New York City, NY

FalconX Limited; New York, Northern (NY, KY); Hybrid; USD 213,000 - 240,000; Full time

Job summary

FalconX seeks a Quant Developer to own end-to-end electronic products and risk management frameworks in the crypto markets.

You will design models for risk (market, credit, operational), price pricing pipelines, and apply ML to large data sets, while working closely with traders, product managers, and researchers to embed risk controls in strategies.

Qualifications

• Masters or PhD in a quantitative field such as Mathematics, Statistics, Finance, or related.
• Strong problem-solving and analytical capabilities with attention to detail.
• Excellent communication skills and collaborative mindset.
• Ability to thrive in a fast-paced, agile environment.

Responsibilities

• Model development to assess and manage financial risks (market, credit, operational).
• Pricing and risk pipeline development; conduct scenario analyses to identify vulnerabilities.
• Data analysis using statistics and ML to extract insights from large datasets.
• Collaborate with traders, product managers, and researchers to embed risk management in trading strategies.

Skills

Advanced Degree

Analytical Skills

Communication

Adaptability

Education

Master's degree in Mathematics/Statistics/Finance

Ph.D. in Mathematics/Statistics/Finance

Tools

Python

R

MATLAB

Job description

FalconX is a pioneering team of operators, investors, and builders committed to revolutionizing institutional access to the crypto markets. Operating at the intersection of traditional finance and cutting-edge technology, FalconX addresses the industry's foremost challenges: Navigating the digital asset market can be complex and fragmented, with limited products and services that support trading strategies, structures, and liquidity found in conventional financial markets. As a comprehensive solution for all digital asset strategies from start to scale, FalconX operates as the connective tissue empowering clients with seamless navigation through the ever-evolving cryptocurrency landscape.

Impact

At FalconX, you’ll help make crypto assets a successful asset class. Some of the largest financial institutions from Wall Street to Silicon Valley and around the world will turn to you for the best market prices and insights on the crypto industry. You will become the expert on crypto industry trends and market movements. With your experience, you will shape our company’s trading strategies according to our core values - speed, transparency and trust.

As a Quant Developer you’ll be focused on end to end ownership of electronic products and services. You will play a critical role in developing models and strategies to manage and mitigate financial risks associated with complex trading. You will work closely with cross-functional teams to ensure robust risk management frameworks are in place.You will ensure the pricing and risk management framework of our electronic products are up to the highest standards.

Key Responsibilities

• Model Development: Design and implement quantitative models to assess and manage financial risks, including market, credit, and operational risks.
• Pricing and Risk Pipeline development: Conduct comprehensive risk assessments of our electronic pricing pipelines and scenario analyses to identify potential vulnerabilities and develop mitigation strategies.
• Data Analysis: Utilize advanced statistical techniques and machine learning algorithms to analyze large datasets and extract actionable insights.
• Collaboration: Work closely with traders, product managers, and other researchers to integrate risk management solutions into trading strategies.

Qualifications

• Advanced Degree: Master's or Ph.D. in Mathematics, Statistics, Finance, or a related field.
• Technical Proficiency:
• Strong experience with programming languages such as Python, R, or MATLAB.
• Familiarity with financial instruments, derivatives, and risk management frameworks.
• Analytical Skills: Strong problem-solving skills with a focus on delivering high-quality research and insights.
• Communication: Excellent communication skills with a collaborative mindset and attention to detail.
• Adaptability: Ability to thrive in a fast-paced, agile environment and adapt to changing priorities.

Bonus Criteria

• Experience with exotic products
• Experience with infrastructure systems.
• Experience managing risk
• Experience with numerical methods and optimization
• Experience with React

The base pay for this role is expected to be between $213,000 and $240,000 in the New York City Area. This expected base pay range is based on information at the time this post was generated. This role will also be eligible for other forms of compensation such as a performance linked bonus, equity, and a competitive benefits package. Actual compensation for a successful candidate will be determined based on a number of factors such as location, skillset, experience, qualifications and the level at which the candidate is hired.

Notice at Collection and Privacy Policy

Applicants located in California and/or applying to a role based in California, please refer to our Notice at Collection and Privacy Policy here .

Inclusivity Statement

FalconX is committed to building a diverse, inclusive, equitable, and safe workspace for all people. Our roles are intended for people from all walks of life. We encourage all those interested in applying to our organization to submit an application regardless if you are missing some of the listed background requirements, skills, or experiences!

As part of our commitment to inclusivity, FalconX would like to acknowledge that the EEOC survey has limited potential responses that you can select. For legal reasons, FalconX must use this language to align with federal requirements, however, we want to ensure that you are able to provide a response to our own voluntary survey questions about your identity that best aligns with your most true self.

FalconX is an equal opportunity employer and will not discriminate against an applicant or employee based on race, color, religion, national origin, ancestry, ethnicity, sex (including gender, pregnancy, sexual orientation, and gender identity), age, physical or mental disability, veteran or military status, genetic information, citizenship, or any other legally-recognized protected basis under federal, state, or local law.

Applicants with disabilities may be entitled to reasonable accommodation under the Americans with Disabilities Act and other applicable state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on FalconX. Please inform FalconX’s People team at [e-mail], if you need assistance with participating in the application process.