Associate, Derivatives Quant Developer

Posted 3 Days Ago
Be an Early Applicant
New York, NY
140K-160K Annually
Mid level
Blockchain • Fintech • Financial Services • Cryptocurrency
We are the bridge between the crypto and the institutional worlds.
The Role
As an Associate, Derivatives Quant Developer, you will work on data pipelining, API development, and optimize trading tools for the derivatives trading desk. You will develop reusable pricing libraries and algorithms, and be involved in production support and CI/CD improvements.
Summary Generated by Built In

Who We Are:

At Galaxy we are building products and services to help the world invest in economic progress. We believe crypto and blockchain innovations will permeate and improve all aspects of our global economy. Our vision is a society where value and ownership flow as freely as information. Galaxy is a digital asset and blockchain leader helping institutions, startups, and individuals access and navigate the crypto economy. As one of the most well-capitalized and trusted companies in the industry, we provide platform solutions custom-made for a digitally native ecosystem across three complementary operating businesses: Global Markets, Asset Management, and Digital Infrastructure Solutions. Our offerings include, amongst others, trading, lending, strategic advisory services, institutional-grade investment solutions across passive, active and venture strategies, proprietary bitcoin mining and hosting services, network validator services, and the development of enterprise custodial technology. Galaxy’s CEO and Founder Michael Novogratz leads a team of crypto enthusiasts, and institutional veterans focused on the future of finance and Web3. The Company is headquartered in New York City, with global offices across North America, Europe and Asia.

Additional information about the Company's businesses and products is available on www.galaxy.com.

What We Value:

We are a diverse team of free thinkers, and fast movers united to help investors and creators energize the global economy. We are looking for individuals who thrive in a culture of builders and overachievers and embrace high performance, transparent feedback, and a mission-first approach. Our culture shapes our way of working and gets us where we want to be.

  • Seek Excellence.
  • Be Selective To Be Effective.
  • Be Highly Aligned, Loosely Coupled.
  • Disagree Transparently.
  • Encourage Independent Decision-Making.
  • Build Dream Teams.

Who You Are:

Working as part of the derivatives engineering team, you are an expert in data science and financial modeling. You have knowledge and interest surrounding common derivatives pricing frameworks and inputs for different tradable assets, and how these inputs are derived. You also have experience with working with various backend technologies and have a detailed working knowledge of core software development, such as building re-usable libraries and building basic APIs. You have experience in using mathematical and financial libraries (i.e. SciPy, NumPy, QuantLib) in software engineering applications. You are also familiar with building deployment processes for applications, including unit testing, and deployment to a cloud provider (EC2, Kubernetes). You have a curiosity for learning new technologies and expanding your expertise across business lines and technology stacks.

As a team member, you will also work on production support issues and be involved in improvements on CI/CD automation and DevOps. 

Knowledge of the following is an advantage:

  • Options Pricing Models (Black-Scholes, SABR, SVI)
  • Risk & PNL modeling (delta, gamma, theta calculations)
  • Derivative Financial Products (Options, Forwards, Exotics, Swaps)
  • Python, Go
  • Relational and non-relational Databases (Postgres, SQL Server, Databricks)
  • Time series databases
  • FastAPI, Pydantic
  • AWS
  • Experience with Docker

What You’ll Do:

  • Work closely with the Derivatives trading desk in optimizing their trading and risk management tools, as well as building reusable derivatives pricing libraries and algorithms.

What We’re Looking For:

  • 3+ years of professional experience working in data science, software development, and/or quant trading
  • Experience with building software based financial modeling tools outside of excel
  • Knowledge of options pricing and volatility models such as Black Scholes, SABR, SVI, or local volatility
  • Knowledge of various financial products such as exotic options, forwards, swaps, etc
  • University degree in mathematics, physics, engineering, computer science, or equivalent experience

Bonus Points:

  • Full lifecycle development of a commercial system, including: requirements definition, agile planning, releasing, and production support
  • Experience in Crypto or Finance
  • Experience working with XVA models & Monte Carlo simulations

What We Offer:

  • Competitive base salary and discretionary bonus
  • Flexible Time Off (i.e. unlimited paid vacation days)
  • Company paid Holidays (11)
  • Company paid sick leave
  • Company-paid health and protective benefits for employees, partners, and other dependents
  • 3% 401(k) company contribution
  • Generous paid Parental Leave
  • Free virtual coaching and counseling sessions through Headspace 
  • Opportunities to learn about the Crypto industry
  • Free daily snacks in-office
  • Smart, entrepreneurial, and fun colleagues
  • Employee Resource Groups

Apply now and join us on our mission to engineer a new economic paradigm.

The base salary ranges included below will be commensurate with candidate experience, expertise and local market. Final offer amounts are determined by multiple factors, including candidate experience and expertise. At Galaxy, we maintain a total compensation philosophy which consists of a competitive base salary, annual bonus, and equity incentives.

Base Salary Range

$140,000$160,000 USD

Galaxy respects diversity and seeks to provide equal employment opportunities to all employees and job applicants for employment without regard to actual or perceived age, race, color, creed, religion, sex or gender (including pregnancy, childbirth, lactation and related medical conditions), gender identity or gender expression (including transgender status), sexual orientation, marital or partnership or caregiver status, ancestry, national origin, citizenship status, disability, military or veteran status, protected medical condition as defined by applicable state or local law, genetic information or predisposing genetic characteristic, or other characteristic protected by applicable federal, state, or local laws and ordinances.

We will endeavor to make a reasonable accommodation to the known limitations of a qualified applicant with a disability unless the accommodation would impose an undue hardship on the operation of our business. If you believe you require such assistance to complete the application process or to participate in an interview, please contact [email protected]

Top Skills

Go
Java
Python
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The Company
HQ: New York, NY
335 Employees
On-site Workplace
Year Founded: 2018

What We Do

Galaxy Digital (TSX: GLXY) is a tech-driven financial services and investment management firm that provides institutions and direct clients with a full suite of financial solutions spanning the digital assets ecosystem. Galaxy Digital operates five synergistic business lines: Trading, Asset Management, Principal Investments, Investment Banking, and Mining. Galaxy Digital's CEO and Founder is Mike Novogratz. Galaxy Digital is headquartered in New York City, with offices in Chicago, San Francisco, London, Amsterdam, Tokyo, Hong Kong, the Cayman Islands (registered office), and New Jersey.

Our mission is to drive systems change through technology. Today, we are primarily focused on digital assets, cryptocurrencies and blockchain technology, and how these technological innovations will drastically alter the way we store and transfer value.

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