Backend Engineer Job in Falconx

Job Title: Backend Engineer

Location: Bangalore

Team: Market Making Team

Employment Type: Full-Time

About FalconX

At FalconX, we re on a mission to revolutionize institutional access to the crypto markets. We combine the best of traditional finance with the cutting-edge technology of the digital asset space, solving the industry's toughest challenges. Our platform provides comprehensive solutions for digital asset strategies, empowering clients to navigate the rapidly evolving cryptocurrency landscape with confidence and precision.

Our team is composed of operators, investors, and builders committed to shaping the future of crypto assets. By leveraging speed, transparency, and trust, we re helping to make crypto a viable and successful asset class for financial institutions worldwide.

The Team Role

The Quant Team at FalconX is divided into three verticals:

• Services: Focuses on complex pricing and risk management methodologies, building execution strategies for our OTC desks.
• Options Market Making: A team dedicated to market-making derivatives, managing both service-driven and profit-driven strategies.
• D1 Team: Quantitative traders providing market-making services, with discretionary risk ownership for linear products.

As a Backend Engineer on the Market Making Team, you ll play a pivotal role in developing and enhancing backend infrastructure, contributing to the systems that power FalconX s trading strategies, risk management, and product development.

What You ll Do

• Develop & Enhance Backend Infrastructure: Collaborate closely with the Market Making team to build scalable and robust backend systems that support complex pricing and risk management for new crypto products.
• Model Development: Contribute to the development of core models that support the three verticals of the team, providing crucial tools for the business.
• Cross-Functional Collaboration: Work with teams across design, product management, traders, quants, and trade operations to deliver user-friendly and high-performance applications.
• Solve Complex Technical Problems: Tackle high-impact technical challenges, working on innovative products such as correlation exotics, missing data volatility pricing, and more.
• Drive Product Innovation: Get involved in the most advanced products within the crypto space, with a focus on market-making solutions for institutional clients.

What We re Looking For

Qualifications:

• Advanced Degree in Computer Science, Mathematics, or a related field.
• Proficiency in Python and familiarity with low-level languages (C, C++, Go, etc.). Experience with basic UI frameworks is a plus.
• Familiarity with distributed systems and large-scale infrastructure.
• Knowledge of derivative products and risk management frameworks.
• Strong understanding of data structures, algorithms, and design patterns.
• Problem-solving skills with a detail-oriented approach.
• Strong communication skills and a collaborative mindset to work efficiently across teams.
• Ability to thrive in a fast-paced, agile development environment.

Bonus Criteria:

• Experience working with exotic financial products.
• Experience with risk management in trading environments.
• Familiarity with numerical methods and optimization techniques.
• Experience with React for frontend or UI integration.

What We Offer

• Innovation at the Cutting Edge: Work on the forefront of cryptocurrency market-making, helping shape the future of institutional crypto trading.
• Collaborative Environment: Join a dynamic and cross-functional team with the opportunity to work alongside some of the most talented professionals in the fintech and crypto space.
• Fast-Paced Growth: FalconX is an early-stage startup with a high-growth trajectory, offering a unique opportunity to drive impactful solutions in the rapidly evolving crypto industry.
• Competitive Compensation: We offer a competitive salary and benefits package, with the potential for equity participation in a high-growth company.

Why FalconX?

• Revolutionize Crypto Trading: Be part of a company that is redefining the way financial institutions interact with the crypto market.
• Exposure to Cutting-Edge Tech: Work with the latest technologies in a fast-paced, evolving environment.
• Empower Institutional Clients: Help some of the largest financial institutions around the world navigate the complexities of the crypto asset space.

If you're ready to take on the challenge of building the future of crypto trading infrastructure, we want to hear from you!