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Full-Time

Quantitative Software Engineer: Gauntlet

Updated on 10/18/2024

Gauntlet Networks

Gauntlet Networks

51-200 employees

Quantitative optimization for DeFi protocols

Data & Analytics
Cybersecurity
Crypto & Web3

Compensation Overview

$160k - $200kAnnually

+ On Target Earnings + Equity

Mid

San Francisco, CA, USA + 3 more

More locations: Los Angeles, CA, USA | Remote in USA | New York, NY, USA

Remote first - work from anywhere in the US & CAN!

Category
FinTech Engineering
Software QA & Testing
Software Engineering
Required Skills
Python
Airflow
Data Structures & Algorithms
Apache Spark
SQL
Blockchain
Pandas
NumPy
Requirements
  • Minimum 4 years of direct hands-on experience trading or analyzing financial markets (crypto or traditional) professionally.
  • Experience developing statistical or quantitative models for financial markets.
  • Understanding of blockchain and DeFi protocols, concepts, and best practices (or a strong desire to learn).
  • Proficient at writing code in Python and SQL with a solid understanding of software engineering principles.
  • Knowledge of workflow orchestration (e.g., Dagster, Airflow) and distributed data processing technologies (Spark).
  • Excellent understanding of statistical modeling, machine learning, and optimization algorithms.
  • Experience with scientific computing packages such as Numpy/Scipy, Pandas, etc.
  • Ability to quickly internalize abstract concepts in new domains, coupled with strong problem-solving skills and attention to detail.
  • Ability to work independently and within a team, manage multiple projects, and meet deadlines.
  • Strong communication skills and the ability to work collaboratively in a distributed team environment.
Responsibilities
  • Designing and implementing strategies for managing risk and optimizing DeFi protocols using quantitative models, simulations, and machine learning.
  • Develop tools and engines for parameter recommendations and drive impact to protocols.
  • Own the whole lifecycle of protocol integrations, including building data pipelines, working closely with cross-functional teams to define the data requirements and product offering.
  • Architect and refine data models and structures to support the evolving needs of DeFi analytics, simulations, methodologies and research development.
  • Contribute to making our core modeling platform world-class.
  • Maintain up-to-date knowledge of the latest industry trends, technologies, and techniques in software engineering.
  • Optimize Aera guardian logic to improve risk-adjusted yields, trade execution quality, and capital efficiency of strategies such as Protocol-Owned Liquidity for Aera Vaults.
  • Collaborate with other cross-functional teams, including internal and external teams, to develop new features for Aera and Gauntlet’s Protocol Optimization business.
  • Stay current with the latest industry trends, market risk vectors, and market conditions to ensure that Aera strategies stay on the cutting edge of crypto and DeFi innovation.

Gauntlet specializes in providing quantitative optimization solutions for DeFi protocols, DAOs, and ecosystems, using advanced quantitative finance techniques and a powerful data modeling platform to drive rapid and sustainable growth while mitigating insolvency risk. They focus on simulating risk parameter impacts, monitoring cross-protocol interactions, and optimizing incentive programs to efficiently drive protocol usage and liquidity in the DeFi space.

Company Stage

Series B

Total Funding

$44.8M

Headquarters

New York City, New York

Founded

2018

Growth & Insights
Headcount

6 month growth

9%

1 year growth

7%

2 year growth

38%
Simplify Jobs

Simplify's Take

What believers are saying

  • Gauntlet's $23.8 million Series B funding round, led by Ribbit Capital, provides significant financial backing for future growth and innovation.
  • The launch of the Synthetix Risk Dashboard and partnerships with platforms like ApeSwap and Aave indicate strong industry relationships and potential for further collaborations.
  • The establishment of an Applied Research Division underscores Gauntlet's focus on long-term growth and sustainability in the DeFi space.

What critics are saying

  • The highly volatile nature of the DeFi market could pose significant challenges to Gauntlet's risk management models.
  • Dependence on partnerships with specific DeFi platforms may limit Gauntlet's market diversification and expose it to platform-specific risks.

What makes Gauntlet Networks unique

  • Gauntlet Networks specializes in risk management and optimization for decentralized finance (DeFi) protocols, setting it apart from generalist blockchain firms.
  • Their partnerships with major DeFi platforms like Synthetix, Aave, and Compound highlight their expertise and trusted status in the industry.
  • The recent upgrade to their Value at Risk (VaR) methodology demonstrates a commitment to advanced, data-driven risk assessment, which is crucial for DeFi's volatile environment.

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Benefits

Remote first

Regular in-person company retreats & cross-country "office visit" perk

Medical, dental & vision premiums

Laptop, monitor, keyboard & mouse setup provided

$1,000 WFH stipend upon joining

$100 per month reimbursement for fitness-related expenses

Monthly reimbursement for home internet, phone, & cellular data

Unlimited vacation

100% paid parental leave of 12 weeks

Fertility benefits

Opportunity for incentive compensation