Quantitative Developer - Risk
Ellipsis Labs2 months ago
New York, NY, USAEntry Level / Mid Level
Base Salary
$180k - $250k/yr
Responsibilities
- Maintain and improve the core on-chain margin engine and offchain risk services.
- Own risk parameters across supported assets and ensure they reflect market conditions and platform risk tolerance.
- Support end-to-end new-asset listings, including implementing asset-specific risk considerations.
- Design and build risk frameworks for emerging asset classes.
- Build scalable tooling and infrastructure for risk management.
- Scope and drive large, ambiguous projects from specification through production in partnership with trading, engineering, and research teams.
Requirements
- Strong quantitative foundation through a degree or equivalent experience in mathematics, statistics, physics, engineering, computer science, or a related field.
- Demonstrated quantitative interest and aptitude, such as economic or financial modeling.
- Experience building and shipping production software rather than working solely in research or analysis.
- Ability to make independent decisions and drive projects to completion with minimal oversight.
- Demonstrated high agency, willingness to learn unfamiliar technical and non-technical areas, and a team-first attitude.
- Passion for decentralized finance.
- Three or more years of relevant experience in quantitative trading, quantitative research, risk management, or quantitatively focused software engineering is preferred.
- Exceptional new graduates from top-tier programs may also be considered.
- Experience with blockchain technology, specifically Solana, is preferred.
- Background in quantitative or proprietary trading, especially derivatives, perpetual futures, or options, is preferred.
- Familiarity with pre-IPO or private-market funding structures is preferred.
- Proficiency in Rust is preferred.
About Ellipsis Labs
Ellipsis Labs builds and operates decentralized trading protocols on Solana for crypto traders and liquidity providers, including Phoenix Perpetuals (perpetual futures), Phoenix Legacy (an orderbook spot exchange), and the SolFi automated market maker. The New York–based, privately held company is venture-backed and raised a Series A in 2024. Its platforms generate revenue from protocol and trading fees and proprietary liquidity provision, and have facilitated more than $285B in cumulative trading volume across Solana markets.