Senior Backend Engineer - Breakout Prop
Kraken$127,000 - $203,000/year
Full Time
Senior (5 to 8 years)
Not SpecifiedCompensation
InternshipExperience Level
InternshipJob Type
UnknownVisa
Financial Services, TradingIndustries
Requirements
- Expected graduation date between December 2026 and December 2027
- Willingness to work in-person in Chicago on May 18-22, 2026
- Degree in mathematics, physics, engineering, computer science or equivalent
- Passion for the financial markets
- Strong quantitative, analytical, and problem-solving skills
- Entrepreneurial attitude with keen attention to detail
- Strong communication and interpersonal skills
- Ability to make split-second logical decisions in a high-pressure environment
- Competitive drive and the maturity to handle considerable responsibility
- Capability to quickly recover from mistakes
- Quantitative Analysis skills (plus)
- Programming experience (preferred)
Responsibilities
- Participate in mock trading sessions and trading games to build understanding of a trader's day at Valkyrie
- Learn to successfully manage and execute a trading strategy through education courses and trading sessions
Skills
Quantitative Analysis
Analytical Skills
Problem-Solving
Programming
Options Trading
Market Making
Valkyrie Trading
Derivatives trading using quantitative analysis
About Valkyrie Trading
Valkyrie Trading specializes in trading derivatives, which are financial contracts tied to the value of underlying assets like stocks and commodities. The company uses advanced algorithms and high-frequency trading techniques to execute trades quickly and accurately, taking advantage of small price differences in the market. Valkyrie Trading differentiates itself from competitors through its collaborative culture, where traders, quantitative analysts, and software engineers work closely together to enhance trading strategies. The goal of Valkyrie Trading is to maintain a competitive edge in the complex derivatives market by leveraging technology and data-driven insights, while also fostering a creative and growth-oriented work environment.
Chicago, IllinoisHeadquarters
2011Year Founded
VENTURE_UNKNOWNCompany Stage
Quantitative Finance, Financial ServicesIndustries
11-50Employees
Benefits
Health insurance with the choice of plans including PPO, HMO, and HSA options
Dental insurance
Vision insurance
Lunch is provided every day
Gym membership discount
Risks
Competition from fintech startups using AI could erode Valkyrie's market share.
Regulatory scrutiny on high-frequency trading may lead to stricter compliance requirements.
Quantum computing advancements threaten current encryption methods, risking proprietary technology.
Differentiation
Valkyrie Trading specializes in derivatives, leveraging cutting-edge technology and quantitative analysis.
The company uses advanced algorithms and high-frequency trading for precise market execution.
Valkyrie's collaborative culture fosters innovation among traders, analysts, and engineers.
Upsides
Increased machine learning adoption enhances market prediction accuracy, boosting profitability.
DeFi platforms create new opportunities for derivatives trading, requiring liquidity providers.
Advancements in real-time data analytics enable faster, informed decisions for high-frequency trading.
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