Senior Quant Trader (Crypto)

This a Full Remote job, the offer is available from: Europe About BitMEX BitMEX stands as a globally leading exchange for crypto derivatives, offering traders a professional-grade trading platform. Since its inception in 2014, BitMEX has maintained an impeccable security record with “no coin lost, ever!”. Our platform caters to cryptocurrency derivatives traders by providing low latency, deep liquidity, and maximum availability. Currently, BitMEX offers more than 100 derivatives contracts, 16 pairs for spot trading, and an easy covert function between 30+ different cryptocurrencies. In 2015, BitMEX revolutionised the market by inventing the Perpetual Swap, which has since become the most widely traded crypto product. Demonstrating a commitment to transparency, since 2021, BitMEX has been among the first exchanges to regularly publish its on-chain Proof of Reserves and Proof of Liabilities, ensuring that the funds available exceed the total client balances. For more information on BitMEX, company initiatives and our products, please visit the BitMEX Blog or www.bitmex.com, and follow LinkedIn, Discord, Telegram and X. Role Overview We are seeking an autonomous and specialized Senior Quant Crypto Trader to operate as a dedicated Subject Matter Expert (SME) and Individual Contributor (IC). You will be solely responsible for managing and growing the firm's active digital asset treasury and product offering. This is a high-impact role requiring deep technical ability and a proven track record of profitable implementation in crypto markets.

Key Responsibilities

Strategically Develop Yield Product Offering

• Work closely with the product team to design and implement a product suite of yield products for the Exchange users. The products offered could be across both on platform and also on DeFi.
• Where the products rolled out require active management, for example a pooled based basis earn product, actively manage the funding rate strategy with regards to putting on and taking off basis positions.
• Be proactive in monitoring the yield landscape to suggest adding/decommissioning 3rd party venues that the Exchange users may be able to access via their BitMEX wallet. Digital Asset Treasury & Market Liquidity
• Serve as the SME for actively managing and generating yield from the company’s digital asset Treasury.
• Manage the firm’s crypto balance sheet to provide funding and/or yield generation required for client business.
• Manage and hedge inventory risk for HFT market making bots across multiple crypto exchanges including e.g. the BMEX Token.
• Actively manage Liquidity Pools and update positions based on market conditions and strategy. Risk Management & Execution
• Identify, calculate, and proactively hedge unwanted risk exposures (delta risk) across all Earn and Treasury assets.
• Handle specialized OTC execution, quoting and executing client trades, and profitably hedging using exchanges and liquidity providers.
• Generate automated performance and risk reports using SQL, Python, and reporting tools to track positions and risk exposures. Proactive Sales and Marketing Support
• Identify market opportunities and new product ideas for clients, to pass to the Product, Sales and Marketing teams for execution.
• Support on-going initiatives (such as Trading Bots) with market insights and technical experience.

Qualifications

• 6+ years of total experience with a significant focus (3+ years) as a high-performing Individual Contributor in quantitative crypto trading.
• Proven expertise in Crypto, quantitative execution, and risk management specific to digital assets.
• Demonstrated ability to independently build and deploy robust, live trading systems.
• Proficiency in Python and SQL will be beneficial - for strategy development, data analysis, and dashboard creation. Why BitMEX? BitMEX offers a dynamic environment that blends intense work, a vibrant culture, and diversity. We actively recruit across time zones to meet growing demands and attract top global talent. We're seeking determined, responsible, and collaborative individuals to join us in building a leading cryptocurrency ecosystem. We value meticulousness, agility, and simplicity. As a 24/7 global exchange, we look for adaptable team players who can excel in a diverse, cross-market environment. In addition, we offer an industry leading benefits package to our permanent employees. Here’s a peek into what we offer: We provide flexible arrangements to our remote contract talents with:
• Work from home to help you find the perfect balance between work, family and personal life
• Paid holidays and leave so you won’t miss out any important events
• Team building & offsite events to bring our global team closer
• Don’t forget the advantage of our Beyond Border Remote Working policy, where you get to work away from your home country
• Option to choose to be paid in fiat or crypto currency, providing the flexibility to shape your financial freedom #LI-CH1 Does this soun

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