Middle Office Specialist
atWintermute
Apr 01
About Wintermute Wintermute is a leading market maker of digital assets globally. We manage hundreds of millions in assets and trade more than $3B+/day across dozens of different trading platforms. Culturally, we combine 1) the best-in-class trading and technology professionalism coming from team’s expertise in top tier HFTs from traditional markets and 2) technology startup culture, as we are moving very fast and empowering people to act like owners. Wintermute provides liquidity algorithmically across most vested exchanges in crypto, across CeFi and DeFi, on-screen and OTC, as well as supporting high profile blockchain projects. At Wintermute, we believe in the decentralization of finance and we believe that trading companies of the future are technology companies, not financial services providers.Wintermute is a proprietary trading business. We are a Series B highly profitable startup backed by Lightspeed, Pantera Capital, Sino Global Capital, Blockchain.com Ventures, Avon Ventures by Fidelity Investments, DeFi Alliance and other top tier investors. Learn more about our team and culture on our website and Evgeny’s post here. Working at Wintermute We are looking for an Algorithmic Trader with strong coding skills (Python) and a curiosity about hft, market making and crypto trading. At Wintermute, you will be responsible for your own “desk” right from the start. You will have the opportunity to develop your own product (trading algorithms, trading strategies), while also getting advice and guidance from very experienced traders and developers, including the founders/management team. You will get a lot of independence and responsibility right away, and you'll learn at an unprecedented speed! No legacy systems, no corporate bureaucracy, no multiple levels of approvals. It is up to you to make an impact. You will act like an owner and your incentives (incl. equity) will be completely aligned with those of the company!
About WintermuteAt Wintermute our mission is to enable, empower and advance the truly decentralized world for more transparent and efficient markets and products. We do this by providing liquidity algorithmically across most trading venues in crypto, supporting all major centralized and decentralized trading venues, AMMs, RFQs, aggregators and chains. Wintermute’s customer-facing business includes various OTC products such as electronic trading API and single-dealer platform for a wide range of counterparties from crypto native whales to large traditional finance institutions. Wintermute is also providing market making services for blockchain projects where we support most of the world’s largest and most prominent launches. In addition to providing the best in class liquidity products, Wintermute is actively participating in the building and development of the blockchain ecosystem through investments from Wintermute Ventures, partnerships and co-development with upcoming protocols and incubation of own projects.Wintermute is a hyper-growth highly profitable business with a very ambitious vision and roadmap. We manage billions of dollars in assets and trade more than $5B/day. We are backed by Lightspeed, Pantera Capital, Sino Global Capital, Blockchain.com Ventures, Avon Ventures by Fidelity Investments, DeFi Alliance and other top tier investors. We are run as a technology company, not a financial service provider, and we build our culture around core values of ambition, collaboration, entrepreneurship, transparency and meritocracy. Nature of the role   We are a hyper-growth startup in one of the most dynamic industries today. We are looking for a Middle Office Analyst who has expertise in traditional financial markets or in a middle office capacity in the crypto space. The individual must easily adapt to the entrepreneurial, varied and highly dynamic nature of a startup business.In this role you will work closely with the Middle Office team, Traders and the rest of the Operations department.Â
Responsibilities
- Reconciliation - resolving position breaks, cash breaks and reconciling monthly cash flows
- Trade settlement - communicating with trading counterparties to ensure timely and accurate settlements
- Loan management - optimisation and new deal negotiation
- Process improvement - working with developers to help automate processes or design ways to streamline current processes
- Work with legal/finance/compliance to proactively identify and act on regulatory and compliance implications across multiple products and jurisdictions
- Answering trade queries internally and externally
Hard Skills Requirements
- BSc in business/finance/quant
- 2+ years of experience in Middle Office/Trade Operations function in a financial services company with high-volume and complex operations (multiple products, multiple geographies, financial regulations); experience in an hft/market making business is a significant advantage
- Excellent Excel skills; experience with databases/SQL/reading and writing simple Python scripts would be a significant advantage
- Experience in process improvement
- Strong interest and curiosity in blockchain, crypto and DeFi
Other Requirements
- Owner mentality: take ownership of tasks and projects. A drive to understand the business beyond own role to add value to the overall business
- Keen to learn the different areas of Middle Office; you should be comfortable working in a very non-hierarchical organization without necessarily having direct reports
- Determination, ambition yet humility; ability to both influence others and listen/learn from others
- Like meritocracy and being judged by what you deliver
- Drive to do whatever it takes to get things done; ability to find creative yet highly professional and compliant solutions to complex tasks
- Have an entrepreneurial mindset vs 9-to-5 mentality; prepared to work non-standard working hours (since we are a high-growth startup operating in 24/7 crypto world)
- Like working in the team environment working from our London office (as much as Covid limitations allow)
Wintermute Offer
- A unique opportunity to join one of the fastest growing companies in crypto and to take on personal ownership and accountability
- Very interesting projects in the most dynamic finance industry: a level of growth, learning and responsibility that most traditional trading company/bank/hedge fund will find difficult to match
- Great company culture: informal, non-hierarchical, ambitious, highly professional yet dynamic, collaborative, entrepreneurialÂ
- Aligned incentive structure: a significant part of your compensation is performance-based bonus
Listed in: Crypto Jobs, Trading Crypto Jobs, Legal Crypto Jobs, Analyst Crypto Jobs, Operations Crypto Jobs, Developer Crypto Jobs, Compliance Crypto Jobs, Python Web3 Jobs, DeFi Web3 Jobs, Finance Crypto Jobs, Full Time Crypto Jobs.