---
title: 'Quant - Risk | Propr.xyz at SwissBorg'
canonical: 'https://feeny.ai/job/quant-risk-propr-xyz-swissborg-europe-q4wjwrthzd6w'
type: 'job'
last_seen: '2026-10-18'
---

# Quant - Risk | Propr.xyz at SwissBorg

- **Company:** SwissBorg
- **Location:** Europe
- **Employment:** full-time
- **Work type:** remote
- **Posted:** 2026-04-30
- **Last confirmed live:** 2026-10-18
- **Apply:** https://jobs.lever.co/swissborg/e0c291b1-4498-4bf2-91b4-ea114c381c53

## Job description

Propr.xyz is building a new Operating System for prop firms, helping them leverage blockchain technology to make them more efficient. We enable prop firms to leverage perpetual futures on Hyperliquid, prediction markets, and spot assets. We are actively deploying our technologies to the largest prop firms in the world. The pace is intense, but the journey is exciting. We only hire A-players. You need to be exceptional.

## Responsibilities

- Support and enhance the real-time risk engine processing 10k+ position updates/second across perpetuals, spots, and prediction markets.
- Design and implement risk metrics: portfolio VaR, stress VaR, expected shortfall, Greeks aggregation, cross-asset correlations.
- Build position limit frameworks: notional caps, delta limits, concentration limits, leverage constraints, drawdown thresholds.
- Develop statistical models for tail-risk scenarios: fat-tailed distributions, regime switching, correlation breakdowns.
- Implement margin calculation engines: cross-margining logic, liquidation price models, maintenance margin monitoring.
- Work closely with trading infrastructure team to ensure <50ms P99 latency for risk calculations on critical paths.
- Create real-time dashboards and alerting systems: exposure heatmaps, PnL attribution, limit breaches, anomaly detection.
- Backtest risk models against historical liquidation events and high-volatility periods to validate accuracy.
- Design circuit breakers and kill switches for extreme market conditions or system anomalies.

## Requirements

- 3+ years of experience in quantitative risk, trading systems, or financial engineering.
- Strong foundation in statistics, probability theory, and risk modeling (VaR, CVaR, ES, stress testing).
- Proficiency in Python with NumPy, Pandas, SciPy for quantitative analysis and backtesting.
- Experience with real-time risk systems processing 1000+ updates/second with <50ms latency.
- Deep understanding of derivatives pricing: perpetual funding rates, mark-to-market, liquidation mechanics.
- Portfolio risk metrics: Greeks (delta, gamma, vega), correlation matrices, beta hedging, tail risk.
- Experience with crypto perpetuals (funding rates, cross-margining, liquidation cascades).
- Familiarity with prediction markets (AMM mechanics, Kelly criterion, order book dynamics).
- Time-series analysis: volatility modeling (GARCH, EWMA), regime detection, autocorrelation.
- SQL proficiency for risk aggregation queries across millions of position updates.
- Ability to translate complex risk concepts into real-time monitoring systems.
- Understanding of margin calculations, position sizing, and drawdown controls.

Bonus

- Experience with Hyperliquid API (WebSocket feeds, vault risk monitoring, liquidation engine).
- Background in prop trading, market making, or hedge fund risk management (2-sigma+ shops preferred).
- Knowledge of blockchain-specific risks: oracle failures, MEV, liquidation cascades, network congestion.
- Proficiency with TypeScript, Node.js, NestJS for building production risk services.
- Experience with event-driven architectures, message queues (Redis Streams, Kafka), CQRS patterns.
- Time-series databases (TimescaleDB, InfluxDB) for storing tick-level risk snapshots.
- Machine learning for anomaly detection: isolation forests, autoencoders, change point detection.
- Understanding of regulatory frameworks (CFTC, SEC, MiFID II) and compliance monitoring.
- Experience with Monte Carlo simulations, copula models, or extreme value theory.
- Published research or contributions to quantitative finance / risk management literature.
- DevOps: Docker, AWS (ECS, Aurora), Terraform, monitoring tools (Grafana, Datadog).

How to apply

We ask candidates to submit their application via a POST request to our API. This helps us identify candidates who read job descriptions carefully and have basic technical skills.

## POST

https://propr.xyz/api/hiring/apply

Request body:

{ "roleSlug": "quant-risk", "name": "Your Name", "email": "your@email.com", "link": "https://linkedin.com/in/yourprofile", "coverNote": "Why Propr?", "exceptionalNote": "What makes you exceptional?", "telegramHandle": "@yourhandle", "appUid": "optional-trading-terminal-uid" }

## About SwissBorg

## Company Overview
- **One-liner**: SwissBorg is a licensed European crypto app that uses exchange aggregation to offer users the best prices for buying, selling, and earning on cryptocurrencies.
- **Entity Type**: Private (Post-ICO; funded via a public token sale in 2018)
- **Headquarters**: Lausanne, Switzerland (with a secondary office in Tallinn, Estonia)
- **Founded**: 2018
- **Founders**: Cyrus Fazel, Anthony Lesoismier-Geniaux

## Core Business
- **Primary industry/industries**: Fintech / Cryptocurrency / Wealth Management
- **Target customers**: B2C (retail investors and crypto enthusiasts)
- **Mission statement**: To democratise wealth management by making it fun, fair, and community-centric. Their broader vision is to build the bank of the future.

## Products & Services
For each major offering:
- **[The SwissBorg App]**: A mobile-first, non-custodial platform for buying, selling, trading, and earning on crypto. Uses a proprietary "Smart Engine" that aggregates liquidity from 12+ exchanges to offer the best execution price on over 10,000 trading pairs. (SaaS / Mobile App)
- **[SwissBorg Crypto Card]**: A Mastercard that lets users spend their crypto directly at any merchant accepting Mastercard, with instant conversion and cashback paid in BORG tokens. (Service)
- **[BORG Token & Ranks]**: The native utility token. Users lock ("stake") BORG to unlock higher "Ranks," which provide benefits like reduced trading fees (from 1.49% down to 0.25%), higher yields, exclusive Alpha investment access, and increased voting power in the SwissBorg DAO. (Token / Ecosystem)
- **[Alpha & Bundles]**: Investment products within the app. "Alpha" gives users early access to pre-sale investment opportunities, while "Bundles" allow for diversified, thematic crypto portfolios (e.g., Metaverse, DeFi). (Service)

## Market Standing
- **Valuation/Market Cap**: Not publicly available (private company); BORG token market cap is volatile and publicly tracked on CoinGecko/CoinMarketCap.
- **Key Metric**: Total Funding was raised via the 2018 ICO (Initial Coin Offering). They are now a profitable/revenue-generating platform trading on fees.
- **Notable Investors/Partners**: Community-funded via the ICO; licensed by the French Financial Markets Authority (AMF) under MiCA regulations; partner with Mastercard for the crypto card.
- **Growth Signals**:
    - Grew from 9 employees at ICO to a team of **200+** today.
    - **MiCA License Approval**: Received a major regulatory green light from the French AMF in 2024, allowing them to operate across the European Union.
    - **Expansion**: Expanded into the Mexican market (June 2024).
    - **Technical Growth**: Bridged the BORG token to the Solana blockchain (2024).
    - **User Base**: Available in 47 countries and 16 currencies.

## Competitive Advantages
- **Regulatory First-Mover**: One of the first crypto apps to achieve the comprehensive MiCA license in Europe, providing a strong trust signal compared to unregulated competitors.
- **Smart Engine Technology**: Unlike standard exchanges (Coinbase, Binance) that use their own order books, SwissBorg aggregates prices from multiple sources to guarantee the best price for the user--a key UX moat.
- **Community-Centric (Tokenomics)**: The entire business model is designed around the community. Users who hold and lock the BORG token directly benefit from the platform's success through cashback, lower fees, and governance rights.
- **Swiss "Trust" Branding**: Engineered in Switzerland and licensed in Europe, the company leverages the "Swiss" reputation for security, precision, and financial privacy.

## Strategic Focus
- **Regulated Expansion**: Using the MiCA license to dominate the European crypto market as the compliant, user-friendly "bank of the future."
- **Product Ecosystem**: Deepening the "wealth management" suite beyond simple trading, focusing on recurring investment (Auto-Invest), yield generation, and spend (Card).
- **Talent Acquisition**: Scaling the engineering and business teams (currently 200+ people across Europe) to support new product verticals and geographic expansion.
- **Decentralized Autonomy**: Shifting more control to the community via the DAO (Decentralized Autonomous Organization) and the BORG token voting system.

## Why Work Here
- **Culture & Mission**: Very strong mission-driven culture focused on "democratising wealth" and "financial freedom." Employees are generally passionate about crypto and fintech disruption.
- **Remote-First Environment**: They operate a "remote-first" policy, hiring across the majority of European countries. You can choose to work from their offices in Lausanne or Tallinn, or work fully remotely from home.
- **Flexibility & Perks**:
    - **Flexible working environment** (you choose where you are most effective).
    - **25 days holiday** plus local bank holidays.
    - **Learning & Development budget** for personal growth.
    - **BORG Annual Bonus** (paid in the company's native token).
    - **Free Diamond Rank for employees** (effectively gives you the highest tier of trading benefits and cashback for free).
- **Diversity & Inclusion**: The company explicitly states a goal of being a "truly inclusive environment" and employs people from "25+ different nationalities."
- **Engineering Culture**: Modern stack (implied by their need for Software Engineers, Quant, and Risk roles). They use a "Proof of Liabilities" tool and MPC keyless technology for security, indicating high engineering standards.
- **Interview Process**: Ranges from 2-4 weeks; starts with a Talent team screen.

## Sources
1. [SwissBorg.com - Homepage](https://swissborg.com/)
2. [SwissBorg.com - About Us](https://swissborg.com/about)
3. [SwissBorg.com - Careers Page](https://swissborg.com/careers)
4. [SwissBorg.com - Press Corner](https://swissborg.com/press)
5. [Lever Jobs Board](https://jobs.lever.co/swissborg)

## Other roles at SwissBorg

- [Affiliate Manager | Propr.xyz](https://feeny.ai/job/affiliate-manager-propr-xyz-swissborg-europe-mv8b6f1zddna) — Europe
- [Software Engineer | Propr.xyz](https://feeny.ai/job/software-engineer-propr-xyz-swissborg-europe-6c924rec3xgn) — Europe