Algo Developer - Market Making (Liquidity Management), Early & Growth Tokens

About the Job:

• We are looking for an algo developer who has a keen interest in design, development, implementation, as well as maintenance and refinement of our market-making engine, trading execution algos, risk management monitor and trade support, to help us scale our market-making service business.

• You will be involved in offering valuable inputs (e.g. UI/UX, functionality, trade reporting, metric tracking, etc.) as well as play a major role in the testing and tweaking of existing and future algo designs and development of execution strategies, while working in collaboration with a senior quantitative developer and the management team.

• Flexibility related to innovation, absent of legacy systems, corporate bureaucracy, and tedious decision-making channels create an exciting work atmosphere.

• We build low-latency connectivity to global crypto venues, strategy services for automated pricing and trading bots, high-frequency data capturing and analysis, and frontend for trading management.

• You may also design a Liquidity Pool sharing functionality with our partners. Moreover, you will integrate to our partners API using python in order to provide liquidity as well as share orders.

• Expose to the crypto market making business in understanding and learning the overall crypto market structure including risk management and operations.

Responsibilities:

• Develop and assist the implementation of market making algorithms to improve liquidity

• Design, build, operate trading both bot trade and manual trade

• You will collaborate with a the development team from requirement gathering, design, and implementation of forward-thinking solutions.

• Contribute to the design of the trading system by bringing new ideas in order to improve performance

• Researching and digging deep into details to work out the trading / market making strategies in early-stage tokens with focus on providing liquidity value to market participants

• Ongoing review and analyse historical trading data, and implement algorithms and system efficiency improvements.

• Involve in day to day trading operations

• Monitor trading systems real time and adjust trading parameters to meet market-making objectives and maximise profitability

• Work with the business in solving problems through technology in a fast environment, while maintaining high-quality software and performance, including Trading, Risk & Control, Research and Data Science, Operation etc.

Technical Qualifications (Must Haves):

• Programming Fundamentals: Fluency in a systems-level programming language (python preferred)

• Prior experience working with SQL/NoSQL databases and familiarity with data storage and retrieval concepts.

• 3+ years of engineer or developer experience in a well-established market-making/algo trading/quantitative firm or operating proprietary electronic market-making software;

• Degree with significant quantitative elements, such as mathematics, computer science, engineering, economics, or a related field;

• Excellent quantitative and analytical skills

• Well experienced in crypto trading; HFT trading experience isn’t required but willingness and curiosity to learn algorithmic, quantitative, market making trading is crucial

• Experience in automatic market making, liquidity sharing and bot development

• Experience with developing complex software systems scaling to substantial data volumes or users with production quality deployment, monitoring and reliability.

Abilities and Soft Skills

• Excellent quantitative and analytical skills and keen attention to detail;

• Comfort working within a collaborative, team-oriented environment, possessing an interest in eventually managing a team of traders in a supportive and productive manner;

• Independence and self-motivation

• Strategic thinking and strong analytical problem-solving skills;

• Ability to draw unique insights from data in refining trading strategies.

• Desire to work on building things the “right” way to make sure our technical foundation is solid as we build on top of it over the coming years

• A keen aptitude for sharp feedback and structured communication

• Ability to work independently and meet deadlines consistently

• Must be capable of communicating in English; and

• Must be comfortable working remotely.

• Ability to assess the merits of a strategy; manage risk associated with a portfolio and the trading desk’s PnL;

• Hard-working and eager to learn in a highly intellectual, innovative environment;

Technical Qualifications (Nice to Haves):

• Blockchain fundamentals (consensus, nodes, miners, forks, transactions, web3)

• 2-3 years working on smart contracts, DeFi projects and protocols is an advantage, but if you are a self-taught genius or a DeFi enthusiast working on own projects, that works too

• Participating in open source development on shared resources with external development teams

• Empathy with the user experience for cryptocurrencies; including text elements like developer documentation and tutorials; and event elements like price volatility, feature announcements, and partnership announcements

• Track record of working on hard problems including job scheduling, concurrency, and scaling.

• Ability to decompose complex business problems and lead a team in solving them

• Understanding of rational decision-making among agents and the systemic effects thereof

Bonus Points:

• Data Processing - experience with building and maintaining large scale and/or real-time complex data processing pipelines using Kafka, Hadoop, Hive, Storm, or Zookeeper

• Experience with large-scale distributed storage and database systems (SQL or NoSQL, e.g. MySQL, Cassandra)

• Background in cryptography or networking

• Background in academic economics or finance

• Experience in small start­up environments

What we offer you:

• A unique opportunity to shape the future of crypto trading with Orichal

• Work remotely from wherever you are

• Visa will be prepared if you want to work from Hong Kong

• Receive salary in crypto

• Competitive base salary per month, trading incentives will be added depending on revenue

• Annual performance and career advancement review

Listed in: Cryptocurrency Jobs, Developer Crypto Jobs, Python Crypto Jobs, Trading Crypto Jobs, Engineering Web3 Jobs, Data Web3 Jobs.