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Senior Quantitative Developer

A betting exchange for sports and political trading that has handled over £29 billion in volume since 2010, focusing on transparent platform with fair odds.
Backend
Senior Software Engineer
Hybrid
5+ years of experience
Finance
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Description For Senior Quantitative Developer

Smarkets Limited is a cutting-edge betting exchange platform that has revolutionized sports and political trading since 2010, handling over £29 billion in volume. As a Senior Quantitative Developer, you'll join their Trading department, working primarily with Python and Rust to develop and maintain trading strategies. The role combines software engineering with quantitative analysis, requiring expertise in data science, machine learning, and sports betting.

The position offers an exciting opportunity to work on large-scale data analysis, strategy development, and automated trading systems. You'll be responsible for managing trading strategies, conducting post-trade analysis, and developing new pricing models using correlations, derivatives, and fundamental modeling. The role requires strong analytical skills, programming proficiency, and the ability to translate complex data insights into actionable trading strategies.

Smarkets offers an impressive benefits package including stock options, competitive pension, health insurance, and flexible working arrangements. The company culture emphasizes collaboration, innovation, and merit-based recognition. With values centered on pushing to win, making others better, and maintaining professional standards, Smarkets provides an environment where you can grow while making significant contributions to the future of betting technology.

The hybrid working model, with 2 days work from home and 20 days of global working annually, offers excellent work-life balance. Additional perks include daily meals prepared by an in-house chef, £1000 yearly education budget, and various lifestyle benefits. This role is perfect for someone who combines technical expertise with a passion for sports and trading, offering the chance to work on challenging problems while helping shape the future of sports betting technology.

Last updated 12 days ago

Responsibilities For Senior Quantitative Developer

  • Own a suite of trading strategies and maintain them through post trading analysis
  • Research and develop new abilities to price markets profitably using correlations/derivatives and fundamental modelling
  • Use and develop automated reporting to improve post trade analysis
  • Clean and analyse large datasets
  • Communicate complex problems and collaborate with technical and non-technical teams
  • Proactively improve trading performance

Requirements For Senior Quantitative Developer

Python
Rust
  • Bachelor's degree in related disciplines (Maths, CompSci, Physics or Stats)
  • Experience modelling sports data either in commercial or personal projects
  • Strong understanding of probability and statistical prediction
  • Proficiency with Python (including numpy, pandas) and SQL
  • Machine learning experience
  • Passion for professional sports and understanding of sports rules
  • Keen interest in developing trading strategies
  • Prior experience working in sports betting industry in trading environment

Benefits For Senior Quantitative Developer

Equity
Medical Insurance
Education Budget
  • Stock options vesting over 4 years
  • Pension scheme with 6% company match
  • Health insurance
  • Fresh fruit and snacks provided daily
  • Cycle to work scheme
  • £1000 yearly education budget
  • 25 days paid holiday + bank holidays
  • Flexible working with 2 days WFH
  • 20 days global working from anywhere
  • Daily lunch provided by in-house chef

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