---
title: 'Market Analyst (Macro) at Nascent'
canonical: 'https://feeny.ai/job/market-analyst-macro-nascent-montreal-v8c1endmwzj5'
type: 'job'
last_seen: '2026-09-11'
---

# Market Analyst (Macro) at Nascent

- **Company:** Nascent
- **Location:** Montréal, Canada
- **Employment:** full-time
- **Work type:** onsite
- **Posted:** 2026-08-03
- **Last confirmed live:** 2026-09-11
- **Apply:** https://jobs.ashbyhq.com/nascent/36bd799c-d80c-4e65-bf50-a1bfd82efb79

## Job description

The Opportunity

As a Market Analyst (Macro) at Nascent, you'll work directly with Market Strategists to keep both the system running and the thinking sharp. You'll own the reliability of trading workflows — monitoring systems, ensuring signals are clean as they move from idea to execution — while staying close to the market itself, tracking global macro developments, identifying what matters, and helping turn raw information into actionable signals. The role sits at the intersection of execution and research. Over time, you'll build judgment in both — developing a feel for how systems operate and how macro views translate into trades.

This role is for people who want to learn how to think about markets properly. You'll get direct exposure to how raw information becomes views, how those views become trades, and where most people get it wrong. You should already be deep into macro — not "interested," but involved — and have proof of that through something you've built, traded, or explored on your own. If you do this well, it directly improves how the team processes information, makes decisions, and executes trades.

This role operates fully onsite in our Montreal office. Relocation assistance is provided.

## What You'll Do

- Own the reliability of the trading system end-to-end — from data pipelines and inputs to trade readiness and execution workflows, ensuring nothing breaks between idea and execution.
- Track global macro in real time and surface signal early — across central banks, inflation, growth, commodities, and geopolitics, with a focus on what actually moves markets.
- Contribute directly to trade thinking — research macro themes, cross-asset relationships, and positioning across indices, rates, and commodities, and communicate insights clearly to strategists.
- Build and improve the team's tooling and workflows — dashboards, pipelines, and internal systems that make decision-making faster and sharper.
- Use AI and language models to operate at maximum leverage — automating workflows, accelerating research, and extending your thinking beyond manual limits.
- Take ownership of targeted projects as your judgment develops — from research questions to system improvements — and contribute meaningfully to strategy discussions over time.

## About You

- You have a genuine interest in macroeconomics and geopolitics — you follow central banks, inflation, and global risk because you want to, not because a job description told you to.
- You think top-down — how global forces impact asset classes, not just individual securities.
- You've done something with that interest — tracking data, building models, writing, trading, or running your own experiments. You can point to it.
- You're detail-oriented — in a system-driven environment, small mistakes compound quickly and you understand why that matters.
- You're curious and learn fast — you don't wait to be told what to do, you form your own views and pressure-test them.
- You communicate clearly — you can break down complex ideas into simple, actionable insights without losing the nuance.
- You're comfortable with ambiguity and pace — macro environments shift quickly, narratives break often, and you thrive in that.
- You have a bias toward building and improving systems, not just analyzing outputs.

Required Experience

- 1–2 years of experience in markets, research, trading, or a related analytical role (internships count if the work was real and substantive).
- Demonstrated ability to synthesize large amounts of macro information into clear, actionable outputs — not just summaries, but views.
- Working proficiency with data tools (Excel/Google Sheets minimum; Python or SQL is a plus).
- Evidence that you actively follow macro markets — we will ask you what you think is happening and why.

## Nice to Have

- Experience analyzing or trading macro products (indices, rates, commodities, FX).
- Experience applying data analysis or AI tools to macro or market problems.
- Experience building dashboards, pipelines, or lightweight data infrastructure.
- Familiarity with cross-asset relationships and macro-driven market regimes.
- A side project, writing sample, or portfolio that shows how you think about macro markets independently.

## About Nascent

## Company Overview
- **One-liner**: Nascent is a collective of builders, investors, and traders deploying permanent capital into liquid markets and early-stage crypto ventures to build the infrastructure of an open financial system.
- **Entity Type**: Private (bootstrapped with permanent capital; no external funding rounds disclosed)
- **Headquarters**: San Francisco, California, United States
- **Founded**: 2020
- **Founders**: Dan Elitzer (Co-Founder), Josh Felker (Co-Founder)

## Core Business
- **Primary Industry**: Financial Services – crypto trading, venture investing, and market making.
- **Target Customers**: Internal trading desks, portfolio companies (50+ early-stage crypto teams), and the broader crypto ecosystem as a liquidity provider.
- **Mission/Purpose**: "Build, expand, and capture opportunity in open markets and permissionless technologies."

## Products & Services
Nascent operates as a hybrid organization with two main verticals:
- **Proprietary Trading (Nascent Markets)**: Algorithmic and systematic trading across liquid crypto markets, focusing on microstructure, latency, and repeatable edge. Operates as a high-performance trading desk.
- **Venture Investing (Nascent.xyz)**: Early-stage venture investments in 50+ crypto/blockchain startups, deploying both liquid and long-term strategies from a base of permanent capital.

## Market Standing
- **Valuation / Market Cap**: Not publicly available (private; no disclosed valuation).
- **Key Metric**: Total portfolio of 50+ venture investments; 46 employees (+45.7% YoY headcount growth as of 2025 [linkedin.com](https://www.linkedin.com/company/nascentxyz)).
- **Notable Investors / Partners**: Nascent is self-funded via permanent capital; no external investors. Partnerships include portfolio companies (e.g., Uniswap, Atomic.Finance) and exchanges where they provide liquidity.
- **Growth Signals**: Rapid headcount expansion (46 employees, up from ~30 in 2024), active hiring across engineering, operations, and research roles, and a distributed team operating in 5 countries (US, Canada, Cayman Islands, UK, Denmark).

## Competitive Advantages
- **Permanent Capital Base**: Unlike traditional VC or hedge funds, Nascent uses permanent capital, allowing long-term conviction and patience without fund lifecycle pressure.
- **Tiny, Autonomous Teams**: 2-pizza squads with end-to-end ownership and day-0 access to models, data, and compute. Decision SLA <24 hours with a default-yes bias.
- **Dual Focus**: Combines high-frequency trading expertise with venture investing, creating a feedback loop between market microstructure insights and early-stage deal flow.
- **Culture of Competition & Curiosity**: Heavy emphasis on games, prediction markets, and skill-building as a sport. "Show, don't tell" hiring philosophy.

## Strategic Focus
- **Scale the Trading Operation**: Continue building low-latency trading systems and expanding into new liquid markets.
- **Deepen Venture Portfolio**: Back more early-stage crypto founders building primitives for an open financial world.
- **Agentic Infrastructure**: Invest in AI agents and internal LLM infrastructure for research, ops, and risk (as seen in recent job postings).
- **Global Talent Distribution**: Expand the distributed team while maintaining a strong cultural core (remote-first, +/-3h EST time zone).

## Why Work Here
- **Culture & Autonomy**: "Own your shit" mentality – real ownership from day one, with direct P&L impact. Flat hierarchy and high agency [nascent.xyz/careers](https://www.nascent.xyz/careers).
- **Remote & Flexible**: Distributed team; work from anywhere with a preference for time zones overlapping US Eastern. No fixed vacation policy – take time off as needed.
- **Benefits**: 16 weeks paid parental leave, $1,000 home office setup (no laptop cap), $200/month internet stipend, $2,000/year health & wellness stipend, full coworking coverage, annual performance bonus, and 401(k) matching (US) [nascent.xyz/careers](https://www.nascent.xyz/careers).
- **Learning & Development**: Unlimited L&D budget for courses, conferences, and skill-building. Heavy focus on upskilling, internal games, and retreats.
- **Engineering Culture**: Modern stack (Rust, Python, Kubernetes, AI agents); engineers own full lifecycle from design to production. Small teams, big impact [linkedin.com](https://www.linkedin.com/company/nascentxyz).

## Sources
1. [nascent.xyz](https://www.nascent.xyz/)
2. [nascent.xyz/careers](https://www.nascent.xyz/careers)
3. [nascentmarkets.xyz](https://www.nascentmarkets.xyz/)
4. [linkedin.com/company/nascentxyz](https://www.linkedin.com/company/nascentxyz)

## Other roles at Nascent

- [Network Engineer](https://feeny.ai/job/network-engineer-nascent-canada-y8544z6v9f1g) — Canada