Ethena Labs
Senior Loan Originator
Remote6h ago
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.
Open job offerings will be focused on two new major product lines coming to market in the next few months.
Join us!
This role must reside outside of the USA
Ethena has quickly established itself as the fastest growing and most innovative financial product utilising digital asset technology to date. The Head of Trading Technology will own the entire trading technology stack, responsible for the overall strategy, development, and maintenance of Ethena’s trading platform. Which sits at the heart of, and powers, its flagship products: USDe & sUSDe.
The role reports directly into the CTO, and includes leading a small team of trading technology engineers, collaborating with stakeholders in Trading, Risk and Ops teams. This role demands a hands-on leader with deep understanding of building trading systems. You’ll both guide your team and take a lead role in development.
Our focus is on high-quality engineering, resilient system design, development-velocity, and delivering best-in-class execution capabilities.
What You’ll Do Build and Own a Best-in-Class Trading System: Design and implement a robust trading platform that ensures efficient execution of large trade sizes with minimal slippage. Develop Market Data and Execution Capabilities: Build high-performance market data pipelines and ensure seamless integration with multiple trading venues (REST/WS, FIX, and other protocols). Drive New Product and Feature Development: Collaborate with quant and trading teams to develop and implement new trading strategies and execution logic. Foster Software Excellence: Apply modern software development best practices, such as TDD, BDD, test automation, CI/CD pipelines, and SOLID principles. Optimize for Performance and Resilience: Design fault-tolerant architectures with failover mechanisms to ensure high availability and reliability. Mentor and Grow the Team: Lead and mentor junior engineers, fostering a culture of high-quality engineering and technical excellence. What We’re Looking For Engineering Leadership in Trading Technology: Proven experience leading and mentoring high-performing engineering teams within trading tech environments such as Investment Banks, Trading firms, Exchanges, or Market Makers. Extensive Experience in Trading Systems Development: Track record of building and supporting trading infrastructure from the ground up, including market data feed handlers, algo engines, backtesting frameworks, and execution platforms. Strong Software Engineering Fundamentals: Expertise in modern development practices (TDD, BDD, CI/CD, SOLID), how to write modular, clean, code, and resilient system design. Deep Understanding of Financial Markets: Strong knowledge of trading mechanisms, security protocols, and infrastructure management across multiple venues. Experience with Crypto Trading Venues and Derivatives: Hands-on experience working with centralized crypto exchanges (CEXs) and trading instruments such as perpetual swaps and deliverable futures. Multi-Venue Trading Experience: Understanding of order routing, trade reconciliation, and execution quality optimization across multiple trading venues. High-Performance System Design: Expertise in optimizing for system performance, ensuring low-latency execution, high throughput, and execution quality. Excellent Problem-Solving Skills: Strong ability to break down complex challenges into actionable solutions and make strategic technical decisions. Passion for Testing and Automation: Strong advocate for TDD, BDD, and test automation with hands-on experience in unit, integration, regression, performance, and end-to-end testing.
$250,000 - $300,000 a year
Why Ethena Labs? You’d be joining a group that has well established itself as one of the most successful crypto-native company’s of all time, a group with a mission to revolutionise decentralised finance and it’s position in global finance. 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. If you subscribe to the mission of separating the dollar from the state, then we want to hear from you! We look forward to receiving your application and will be in touch after having a chance to review.
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