Graduate Software Engineer - DeFi

About Wintermute

At Wintermute our mission is to enable, empower and advance the truly decentralized world for more transparent and efficient markets and products. We do this by providing liquidity algorithmically across most trading venues in crypto, supporting all major centralized and decentralized trading venues, AMMs, RFQs, aggregators and chains.

Wintermute’s customer-facing business includes various OTC products such as electronic trading API and single-dealer platform for a wide range of counterparties from crypto native whales to large traditional finance institutions. Wintermute is also providing market making services for blockchain projects where we support most of the world’s largest and most prominent launches. In addition to providing the best in class liquidity products, Wintermute is actively participating in the building and development of the blockchain ecosystem through investments from Wintermute Ventures, partnerships and co-development with upcoming protocols and incubation of own projects.

Wintermute is a hyper-growth highly profitable business with a very ambitious vision and roadmap. We manage billions of dollars in assets and trade more than $5B/day. 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. We are run as a technology company, not a financial service provider, and we build our culture around core values of ambition, collaboration, entrepreneurship, transparency and meritocracy.

Working at Wintermute

We are looking for a Graduate/Junior Software Developer in DeFi with strong fundamental background in coding and curiosity about DeFi, HFT, market making and crypto trading. At Wintermute, you will be responsible for integrating new protocols right from the start. You will have the opportunity to get a deeper understanding of how various DEX’s trade and be responsible for optimising the execution on those venues, whilst also getting advice and guidance from very experienced developers and traders, 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, no multiple levels of approvals. It is up to you to make an impact. You will act like an owner and your incentives will be completely aligned with those of the company!

What will you work on

A great advantage of this position is that it is varied, and it is also up to you to shape it in the direction that matches your talents and company needs. You will have the opportunity to help integrate DEX’s on chains; includes but not limited to: 1) Improving trading signals for various protocols 2) Improving execution logic to maximise PnL 3) Troubleshooting trades/failed execution to get a deep understanding of the protocol and improve the trading setup.

Hard Skills Requirements

• Strong programming skills in ONE of the following object oriented programming languages (Python, C++, Java or Rust); knowledge of another programming language is beneficial.
• Curiosity in the DeFi space proven by doing extra-curricular project/work/research in this space (CeFi trading does not count!)
• Excellent quantitative and analytical skills
• Understanding concepts of asynchronous IO
• Familiarity with Linux/git
• Trading knowledge isn’t required but willingness and curiosity to learn algorithmic, high-frequency, quantitative, market making trading and blockchain fundamentals is crucial

Wintermute Offer

• A unique opportunity to work on very interesting projects, get the level of responsibility and ownership that would be unlikely at any other project or DeFi trading firm
• A unique opportunity to join one of the strongest and most successful DeFi teams globally
• With Wintermute you don’t make a bet on a single product, platform, chain or technology; we’ll win if DeFi wins as a whole
• Great company culture: informal, non-hierarchical, ambitious, highly professional yet collaborative and entrepreneurial
• A cool office in Singapore with a sci-fi touch
• We support significant flexibility in regards to working from home and working hours; however, we require hard/smart work and >60% work from the office; we are unable to accept remote candidates
• Aligned incentive structure: on top of competitive pay, a significant part of your compensation is performance-based variable pay with unlimited upside
• We offer standard perks too, like pension, private health insurance, free food, but that’s probably not the right reason to join us

Write to us if you

• Love DeFi and have a passion for Blockchain technology, love coding, love problem solving
• Love building things
• Are curious about algorithmic trading and financial markets
• Are determined, ambitious yet humble, willing to work hard and learn on the way
• Like meritocracy and being judged by what you deliver
• Like working like an owner and not having a 9-to-5 or contractor mentality
• Like working in the team environment (not fully remote), at least >60% working from our Singapore office (COVID restrictions allowing)

Tips for a successful application

• Only apply to us if you are genuinely interested or curious about this role and DeFi space; this is not for someone who is just looking for “a job”
• This is a Singapore based
• Do some 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 DeFi 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 an obviously matching experience or skills, make sure you state very clearly what you can bring or how your experience is relevant.
• Prepare to be tested on your hard skills required for this job. We do not care as much about your credentials (university or prior employer), but we care a lot about your knowledge and ability to get things done.
• 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 in making the application relevant!

Application Process

• Codility - Python (or any OO language) + reasoning tests
• Take Home Case Study - DeFi related
• Interview with DeFi development team (with a written task included)
• Interview with the DeFi Traders
• Interview with the Head of Talent or COO