Trading Technology Engineering Manager
Ethena Labs
AI Summary
The vacancy is well-structured with clear responsibilities, compensation, and tech stack, but lacks explicit KPIs and company links.
Description
Join Ethena Labs as a Trading Technology Engineering Manager to lead the development of innovative trading systems for digital dollar products.
Ethena Labs is actively building and deploying a suite of groundbreaking digital dollar products aiming to upgrade money into the internet era.
Our flagship product, USDe, is a synthetic dollar backed by digital assets, and takes the novel approach of using a delta-neutral hedged basis strategy to maintain its peg.
This product scaled from zero to $15b in 18 months.
Expanding on this, iUSDe is designed specifically for traditional financial institutions, incorporating necessary compliance features to enable them to access the crypto-native rewards our protocol generates, in an institutional-friendly manner.
Ethena has also developed USDtb: a fiat backed GENIUS compliant stablecoin in partnership with BlackRock which has scaled to ~$2b.
These products are also offered in a whitelabel stablecoin offering where any application, chain, wallet or exchange can launch their own stablecoin on Ethena’s back-end infrastructure.
Through these offerings, Ethena Labs is not just creating new financial products; we are building the foundational infrastructure for a more open, efficient, and interconnected global financial system.
## What you'll do
- •Design and implement a robust trading platform that ensures efficient execution of large trade sizes with minimal slippage.
- •Build high-performance market data pipelines and ensure seamless integration with multiple trading venues (REST/WS, FIX, and other protocols).
- •Collaborate with quant and trading teams to develop and implement new trading strategies and execution logic.
- •Apply modern software development best practices, such as TDD, BDD, test automation, CI/CD pipelines, and SOLID principles.
- •Design fault-tolerant architectures with failover mechanisms to ensure high availability and reliability.
- •Lead and mentor junior engineers, fostering a culture of high-quality engineering and technical excellence.
## Conditions
- •Join a group that has well established itself as one of the most successful crypto-native companies of all time.
- •Work alongside a passionate and innovative team that values collaboration and creativity.
- •Enjoy a flexible, remote-friendly work environment with established opportunities for personal growth and learning.
Requirements
- •Proven experience leading and mentoring high-performing engineering teams within trading tech environments such as Investment Banks, Trading firms, Exchanges, or Market Makers.
- •Track record of building and supporting trading infrastructure from the ground up, including market data feed handlers, algo engines, backtesting frameworks, and execution platforms.
- •Expertise in modern development practices (TDD, BDD, CI/CD, SOLID), how to write modular, clean, code, and resilient system design.
- •Strong knowledge of trading mechanisms, security protocols, and infrastructure management across multiple venues.
- •Hands-on experience working with centralized crypto exchanges (CEXs) and trading instruments such as perpetual swaps and deliverable futures.
- •Understanding of order routing, trade reconciliation, and execution quality optimization across multiple trading venues.
- •Expertise in optimizing for system performance, ensuring low-latency execution, high throughput, and execution quality.
- •Strong ability to break down complex challenges into actionable solutions and make strategic technical decisions.
- •Strong advocate for TDD, BDD, and test automation with hands-on experience in unit, integration, regression, performance, and end-to-end testing.