Senior Backend Engineer (market Making) Job in Falconx

Senior Backend Engineer Market Making

Location: Bangalore
Experience: Senior-level
Education: Advanced degree in Computer Science, Mathematics, or a related field

About FalconX

FalconX is a pioneering team of operators, investors, and builders transforming institutional access to the crypto markets. Operating at the intersection of traditional finance and cutting-edge technology, FalconX simplifies the fragmented digital asset market. Our platform provides seamless access, liquidity, and trading tools for institutional clients, enabling strategies from start to scale.

Team Overview

The Quant Team at FalconX is divided into three verticals:

• Services: Focused on complex pricing, risk management methodologies, and execution for our OTC desks.
• Options Market Making (MM): Provides market-making for derivatives, either as a service or as business owners.
• D1 Team: Quantitative traders providing market-making services while managing discretionary risk for linear products.

Role Overview

As a Senior Backend Engineer on the Market Making team, you will develop and enhance backend systems that provide critical tools, insights, and infrastructure for pricing, risk management, and trading operations. You will work closely with traders, quants, product managers, and trade operations teams to deliver robust, scalable, and high-performance applications.

Key Responsibilities

• Build and maintain backend infrastructure to support pricing and risk management methodologies for complex and new products.
• Develop fundamental models in support of the quant team s three verticals.
• Collaborate with cross-functional teams including design, product management, traders, and quants to deliver scalable and efficient solutions.
• Solve technically challenging problems of high scope and complexity.
• Contribute to innovative products in the crypto derivatives space, such as correlation exotics and missing data volatility pricing.
• Ensure high-quality, maintainable code with strong testing, monitoring, and documentation practices.

Required Qualifications

• Advanced degree in Computer Science, Mathematics, or related field.
• Proficiency in Python, with experience in a low-level language (C/C++/Rust) preferred.
• Familiarity with distributed systems and scalable architectures.
• Understanding of derivative products and risk management frameworks.
• Strong grasp of data structures, algorithms, and design patterns.
• Excellent problem-solving skills, with a detail-oriented and collaborative mindset.
• Strong communication skills and ability to work in a fast-moving, agile environment.
• Comfortable contributing to early-stage product development in a startup setting.

Bonus / Preferred Qualifications

• Experience with exotic products and derivatives.
• Risk management and portfolio management experience.
• Knowledge of numerical methods, optimization, and modeling techniques.
• Familiarity with frontend frameworks such as React.

Why This Role Matters

• Help make crypto assets a successful asset class for institutional investors.
• Provide critical tools and infrastructure that shape trading strategies and pricing models.
• Collaborate with top talent in trading, quant research, and technology.
• Work on some of the most innovative products in the crypto derivatives space.