Quantitative Developer - Risk

Job details

Work model

On-site

Salary

$180K - $250K

Location

New York, New York

Hiring context

How this role compares at Ellipsis Labs

Ellipsis Labs has 13 live roles in MeritLog’s catalog across 4 job families, and 10 of them are in engineering. 12 of those listings publish a pay range, a disclosure rate of 92%.

This role's posted range of $180K - $250K sits above 89% of the 9 other Ellipsis Labs roles quoted over the same currency and period.

Counted across the job boards MeritLog tracks, at the time this page was served. Pay comparisons use only listings that publish a complete range in the same currency and period.

What the role asks for

Parsed by MeritLog from the employer’s own posting. The full description follows below.

Job description

Ellipsis Labs is a profitable, venture-backed New York-based startup building sustainable and efficient DeFi protocols on high-throughput decentralized infrastructure. Our long-term goal is to build a better financial system. Our flagship product, Phoenix Perpetuals, brings professional-grade perpetual futures to Solana. Building on our experience developing efficient markets, Ellipsis Labs also operates SolFi, a proprietary automated market maker that provides efficient liquidity for key trading pairs. Our foundational product, Phoenix Legacy, is a limit order book on the Solana blockchain that established our expertise in operating high-performance markets. Combined, these products have facilitated over $285B in trading volume across Solana markets. Ellipsis Labs is seeking a Quantitative Developer - Risk to join our team. You'll take ownership of how we manage risk across the platform, from setting the parameters that keep our markets safe to building the infrastructure that lets us list new assets faster and support entirely new asset classes. In this role, you will: - Maintain and improve the core on-chain margin engine and offchain risk services - Own and maintain risk parameters across our supported assets, ensuring they reflect current market conditions and platform risk tolerance - Support the end-to-end process of listing new assets, including scoping and implementing the unique risk considerations each asset requires - Design and build the risk framework for emerging asset classes - Build tooling and infrastructure that make risk management scalable - Independently scope and drive large, ambiguous projects from specification through production, partnering closely with trading, engineering, and research QUALIFICATIONS REQUIRED - A strong quantitative foundation (degree or equivalent experience in math, statistics, physics, engineering, computer science, or a related field) with demonstrated quant interest and aptitude, e.g., economic or financial modeling - Experience building and shipping production software, not solely research or analysis - Ability to make informed decisions independently and drive projects to completion with minimal oversight - A demonstrated track record of high agency, willingness to dive into unfamiliar technical and non-technical areas, and a team-first attitude - Passion for decentralized finance PREFERRED - 3+ years of relevant experience (quant trading, quantitative research, risk management, or software engineering with a strong quant bend); exceptional new graduates from top-tier programs will also be considered - Experience working with blockchain technology, specifically Solana - Background in quantitative or prop trading, particularly with derivatives, perpetual futures, or options - Familiarity with pre-IPO or private market funding structures - Proficiency in Rust