Wintermute is one of the largest algorithmic trading firms in digital assets globally. We manage hundreds of millions in assets and trade more than $5B+/day across dozens of different trading platforms. Culturally, we combine 1) the highest standards of technological and trading sophistication from traditional financial markets and 2) technology startup nature, as we are moving very fast and empowering people to act like owners.
Wintermute provides liquidity algorithmically across most vested exchanges in crypto, across CeFi and DeFi, on-screen and OTC, as well as supports high profile blockchain projects. At Wintermute, we believe in the decentralization of finance and we believe that trading companies of the future are technology companies, not financial services providers.
Wintermute is a hyper-growth highly profitable proprietary trading business. We are backed by Lightspeed, Pantera Capital, Sino Global Capital, Blockchain.com Ventures, Avon Ventures by Fidelity Investments, DeFi Alliance and other top tier investors. Learn more about our team and culture on our website and Evgeny’s post here.
Working at Wintermute
We are looking for an Algorithmic Trader with strong coding skills (Python) and a curiosity about hft, algorithmic market making and crypto trading. At Wintermute, you will be responsible for your own “desk” and projects right from the start. You will have the opportunity to develop your own product (trading algorithms, trading strategies), while also getting advice and guidance from very experienced traders and developers, including the founders/management team. You will get a lot of independence and responsibility right away, and you'll learn at an unprecedented speed! No legacy systems, no corporate bureaucracy, it is up to you to make an impact.
What will you work on
After a short training period, you will be assigned your own “desk” (an exchange, product or strategy) with related P&L responsibility and you’ll become an owner of that desk. You’ll be looking how to build and/or expand your desk across various levers: building new strategies, improving existing strategies and adding new trading products, as well as improving the technology behind the trading. You’ll need to analyse large amounts of trading and transaction data, generate insights, prioritise them and build solutions based on your findings. We will share more technical details in the interviews. The point is: there is no limit set by the company!
Note: we are looking for people with strong quantitative and coding skills, but this is a business/trading (not a research) role first and foremost.
Hard Skills Requirements
- Degree with significant quantitative element, such as maths, computer science, engineering, science, economics or related field
- 2-4 years experience in a high performing hft/algo trading/quant firm is a plus, but is not a requirement
- Strong Python skills - you have 1-3 years of experience coding in Python, be that through work, study or personal project experience - we will test!
- Excellent quantitative and analytical skills - we will test!
- Programming fundamentals (in any of C++, C#, Java, OOP)
- Trading experience isn’t required but a strong willingness and curiosity to learn algorithmic, high-frequency, quantitative and market making trading is crucial
- Strong interest and curiosity in blockchain, crypto and DeFi - you like keeping track of major news and developments the crypto world
- Have an owner mentality - you focus on ultimate result (short and long-term P&L for the company), focus on strategically growing the business for the future vs fast/opportunistic profits
- Love problem solving, and love seeing your products work; you do whatever it takes to do what’s needed (trading, coding, analysing data, collaborating)
- Determined, ambitious yet humble, willing to work hard and learn on the way
- Like meritocracy and being judged by what you deliver
- Have an entrepreneurial mindset versus working 9-to-5 mentality; prepared to work non-standard working hours (since we are a high-growth startup operating in 24/7 crypto world)
- Like working in the team environment (not fully remote), at least half-time working from our London office (Singapore office is in the works)
- A unique opportunity to work on very interesting projects, get the level of responsibility and ownership that would take 5-10 years to get in a traditional trading company/bank/hedge fund
- A unique opportunity to join a high growth startup and one of the strongest and highest potential crypto startups based in Europe
- Great culture: highly professional and ambitious, yet informal, non-hierarchical, collaborative and entrepreneurial
- A cool office in central London with a sci-fi touch (Singapore office is in the works)
- Weekly team events, such as team lunches, team dinners, team board games and Dota playing sessions; these are not obligatory in any sense, but this is what we like to do
- Aligned incentive structure: a significant part of your compensation is performance-based with substantial upside
Tips for Successful Application
- Only apply to us if you are genuinely interested or curious about this role and the space; this is not for someone who is just looking for "a job" or is very mercenary
- Do your research: look at our website and social media channels
- Write us a short, honest, and direct message if you'd like to apply. Tell us about why you are interested in crypto and market making in general and in Wintermute in particular.
- Do not send us generic copy paste applications, we are looking for authentic people who share our interests, values and ambitions! If you don't have some obviously matching experience or skills, make sure you state very clearly what you can bring or how your experience is relevant/transferable (but note, we do require Python knowledge)
- Prepare to be tested on your Python knowledge. Your knowledge and ability to get things done fast is very important to us
- Do your homework on what hft/market making/algo trading is. (Hint: we are not in the business of position taking, directional betting, stock/token picking, technical analysis, "AI" (as in the buzz-word) and we are not a research business for the sake of research)
- We get a lot of applications, so unfortunately, we won't be able to proceed if you simply press "submit button"; we do promise to reply to everyone who puts time and effort into making the application relevant!