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Algorithmic Trader, Digital Assets

Finance · Vienna, Austria

Job description

Who we are 

We simplify wealth creation. Founded in 2014 in Vienna, Austria by Eric Demuth, Paul Klanschek and Christian Trummer, we’re here to help people trust themselves enough to build their financial freedom — for now and the future. Our user-friendly, trade-everything platform empowers both first-time investors and seasoned experts to invest in the cryptocurrencies, crypto indices, stocks*, precious metals and commodities* they want — with any sized budget, 24/7. Our global team works across different cultures and time zones, bringing our products to more than 4 million customers, making us one of Europe’s safest and most secure platforms that powers modern investing.

Headquartered in Austria but operating across Europe, our products are built by fast-moving, talented, “roll-up-your-sleeves-and-make-it-happen” kind of people. It’s these diverse perspectives and innovative minds operating as ONE TEAM that keep Bitpanda at the cutting edge of our industry. So if you’re someone who thinks big, moves fast and wants to make an impact right from day one, then get ready to join our industry-changing team. Let’s go!

Your mission

As an Algorithmic Trader, your mission will be to build-up and enhance our trading desk's capabilities. You will improve our pricing and hedging algorithm to lower our spreads and optimize the risk-adjusted hedging PnL.

What you’ll do 

  • Developing, parameterisation and improving of our pricing and hedging algorithms 
  • Gather and analyze trade data to provide in-depth analysis of the microeconomics of pricing and hedging
  • Manage a hedging book with PnL ownership
  • Support the OTC desk in executing low and high touch trades 
  • Proactively shape our trader desk capabilities and ensure regulatory compliance

Who you are 

  • Profound experience in algorithmic trading (crypto is a plus).
  • Strong understanding of trade microeconomics and quantitative strategies.
  • Proven ability to build solutions while navigating multiple variables across different dimensions (engineering, trading ops, treasury, regulation, legal, risk) 
  • Demonstrated ability in effective risk management and adherence to risk limits
  • Up-to-date knowledge of trading regulations and compliance standards (MIFID II, MICAR)

What’s in it for you

  • We're proud of our flexible working model that includes 2 days (minimum) working from the local Hub, plus 60 Work From Anywhere days annually
  • Total compensation package including participation in our Bitpanda stock option plan
  • Competitive benefits programs and policies shaped by our flexibility-first philosophy 
  • Exclusive premiums when trading on Bitpanda
  • Company-wide and team events — both in-person and virtually!
  • Bitpanda swag to keep you living the brand

And, above all, the opportunity to learn and grow as part of Bitpanda’s incredible journey towards being Europe’s future #1 investment platform.

Bitpanda is committed to fostering a fair and equal environment based on trust and mutual respect. We believe that a diverse and inclusive workplace is paramount to our success and we are committed to building a team that represents a wide variety of backgrounds, perspectives, and skills.