Quantitative Trader / Developer — Capital Markets

<p><strong>About Us</strong></p><p>OpenFX is on a mission to move money as freely as data, unrestricted by time zones, banking hours, or legacy systems. We are building the infrastructure that will power the next generation of cross-border payment systems for institutions. The team's execution has been exceptional, and we're scaling at a remarkable pace.

Our stellar early team comes with experience in companies like J.P . Morgan, Goldman Sachs, FalconX, Paypal, Affirm, Polygon, Kraken, Nium &amp; others. We’re backed by Accel, Lightspeed, NfX, and other top-tier investors.</p><p><strong>Role Overview</strong></p><p>We're hiring a quantitative trader/developer for Capital Markets which covers trading, hedging, and market-making strategies across our stablecoin and FX business.

You'll have the opportunity to work directly with the trading desk on strategies with real, immediate P&amp;L impact, with daily 1:1 mentorship from the experienced traders and engineers leading Capital Markets.<br>You're evaluated on the strategies you ship and the P&amp;L they generate.

You own a thread from idea to live trading, and the person you're building it with is a trader.<br>We're specifically looking for someone with a trading background: a prop trading firm, a crypto market maker, or a trading platform where you've both written the code and owned the trading decision it produced.</p><p><strong>

Key Responsibilities

• </strong></p><ul><li><strong>Trading strategy development.</strong> Develop, maintain, and improve trading and hedging strategies across our stablecoin and FX business, from idea to live execution, with full ownership of the outcome.</li><li><strong>Production trading systems and live operations.</strong> Own the reliability, observability, and operational performance of our live trading environment.
• Monitor systems in real time, act as primary responder to production issues, and work with the desk to investigate, mitigate, and resolve incidents affecting trading, risk, or system stability.</li><li><strong>Production tooling and operational safety.</strong> Build and improve internal tools, dashboards, alerts, and automation that reduce manual intervention in live trading.
• Design and maintain safe testing, deployment, rollout for production changes.</li><li><strong>Market microstructure and research.</strong> Build tools to research how our markets actually trade, and work with the desk to turn that analysis into an edge.</li><li><strong>Full-cycle ownership.</strong> Engage in full-cycle trading development — research, coding, testing, and deploying into production.</li><li><strong>High Agency: </strong>Bring ideas to the desk unprompted and be ready to defend them.
• Find the competitive edge that drives results.</li></ul><p>&nbsp;</p><p><strong>What we are looking for</strong></p><p><strong>Must-haves:</strong></p><ul><li>Comfortable writing production code and owning a trading decision and its P&amp;L on the same strategy.</li><li>Skills in probabilistic thinking and mathematical reasoning, with the ability to react quickly and accurately to rapidly changing market conditions.</li><li>3+ years of solving hard problems through code with real metrics and impact in industry, and strong development skills in Python and/or C++.</li><li>Real experience in market making, prop trading, or a trading-adjacent quant role.</li><li>Competitive spirit, a drive to improve, and an appetite for risk-taking.</li><li>Comfortable with <strong>abstract, ambiguous problems</strong> - explore a venue or a strategy, you don't wait for a spec.</li><li>Self-directed enough to learn a substantial new domain on the job - a new venue, a new asset class, new infrastructure.</li><li>Reliable, predictable availability around scheduled market-moving events.</li><li>Extreme attention to detail</li></ul><p><strong>What helps you stand out</strong></p><ul><li>Experience at a prop trading firm, HFT shop, or crypto market maker (Jane Street, Two Sigma, XTX, Jump, Wintermute, Cumberland/DRW, or similar).</li><li>Proven research background in an academic or professional environment, with expertise in statistics or machine learning.</li><li>Experience with on-chain derivatives, DeFi perp venues, or cross-venue arbitrage.</li><li>Experience building or operating stablecoin infrastructure or settlement rails.</li><li>Background in market microstructure, options pricing, or systematic FX trading.</li></ul><p><strong>What success looks like<br></strong></p><ul><li>Your strategies are live and measurably reducing costs or generating P&amp;L on the book.</li><li>You operate independently — your manager is a sounding board on the trade, not someone assigning your work.</li></ul><p><strong>What We Offer</strong></p><ul><li>Competitive salary and benefits package.</li><li>Equity in a rapidly growing company.</li><li>Opportunity to work in a fast-paced startup at the forefront of fintech innovation.</li><li>Opportunity to make a significant impact on global financial infrastructure</li><li>Collaborative work culture with emphasis on personal and professional growth.</li></ul><p>We are committed to building a diverse and inclusive workplace.
• All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.</p><p>&nbsp;</p>