Anchorage Digital · 1 day ago
Member of Trading Solutions, OTC Trader
United States
Full-time
Remote
Mid Level
3+ years exp
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No H1B
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Responsibilities
Facilitating the hedging needs of client flows, ensuring that we provide clients with best in class service, while also managing our risk exposures well within the constraints of the company risk appetite.
Ability to expertly handle complex trades with a mindset of continuous optimization.
Deep crypto market microstructure mathematical expertise, including cross-market basis opportunities, awareness/avoidance of predatory algorithms, derivatives hedging, beta hedging, and having a good understanding of away positioning and market drivers etc.
Demonstrates expert knowledge of both electronic and voice trading, influencing technology improvements inspired by the more mature Traditional Finance market structure.
Strong client-facing abilities, instilling confidence through excellent white glove service; influencing clients to increase Anchorage’s share of wallet.
Proficient Python coding ability, comfortable progressing existing code and creating new code to advance trading projects.
Stand up the initial principal trading exposure management infrastructure and processes.
Lead efforts to increasingly automate hedge execution, so that traders can focus on only the most complicated trades, project work, or client engagement.
Assist the risk management team in designing controls to govern the principal trading desk’s aggregate market exposure, including data buildout and guardrail establishment.
Closely follow market narratives to contribute perspectives to internal research efforts, which may be used to increase engagement with trading clients.
Help to inform new products and capabilities within the trading business to meet our clients’ overall needs, increasing the trading desk’s share of wallet.
While on coverage, be available to immediately respond to changing exposures, client questions and requests.
Is keenly aware of how brokerage fits within the firm’s broader strategy, both as a tool and a standalone business, to provide input to the technology roadmap and implementation.
Understands upstream and downstream implications of process changes, proactively voicing ideas and concerns as the business scales.
Ensures that knowledge is shared amongst stakeholder teams and does not position themselves or others as a single point of failure.
Stay up to date with the underlying themes driving market prices and liquidity to deepen client interactions and execution strategies.
Champion the perspective of the Trading Solutions team during cross-department conversations.
Act as a mentor for junior members of the team.
Qualification
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Required
3+ years experience as an OTC trader in the cryptocurrency space.
Ability to expertly handle complex trades with a mindset of continuous optimization.
Deep crypto market microstructure mathematical expertise, including cross-market basis opportunities, awareness/avoidance of predatory algorithms, derivatives hedging, beta hedging, and having a good understanding of away positioning and market drivers etc.
Demonstrates expert knowledge of both electronic and voice trading, influencing technology improvements inspired by the more mature Traditional Finance market structure.
Strong client-facing abilities, instilling confidence through excellent white glove service; influencing clients to increase Anchorage’s share of wallet.
Proficient Python coding ability, comfortable progressing existing code and creating new code to advance trading projects.
Stand up the initial principal trading exposure management infrastructure and processes.
Lead efforts to increasingly automate hedge execution.
Assist the risk management team in designing controls to govern the principal trading desk’s aggregate market exposure.
Closely follow market narratives to contribute perspectives to internal research efforts.
Help to inform new products and capabilities within the trading business to meet our clients’ overall needs.
Be available to immediately respond to changing exposures, client questions and requests, including rotations on weekends and off-hour paging.
Is keenly aware of how brokerage fits within the firm’s broader strategy.
Understands upstream and downstream implications of process changes.
Ensures that knowledge is shared amongst stakeholder teams and does not position themselves or others as a single point of failure.
Stay up to date with the underlying themes driving market prices and liquidity.
Champion the perspective of the Trading Solutions team during cross-department conversations.
Act as a mentor for junior members of the team.
Preferred
Demonstrated ability to convert institutional prospects into trading clients.
You’re proud of your crypto Twitter feed and ability to uncover narratives driving crypto markets and specific coins.
You enjoy using memes as a method of communication.
You were emotionally moved by the soundtrack to Hamilton, which chronicles the founding of a new financial system.
Company
Anchorage Digital
Anchorage Digital is a regulated crypto platform that provides institutions with integrated financial services and infrastructure solutions.
201-500 employees
Funding
Current Stage
Late StageTotal Funding
$487MKey Investors
Kohlberg Kravis RobertsGICBlockchain Capital
2021-12-15Series D· $350M
2021-02-25Series C· $80M
2019-07-10Series B· $40M
Leadership Team
Nathan McCauley
Co-founder and CEO
Diogo Mónica
Co-Founder and President
Recent News
2024-11-14
2024-11-05
Company data provided by crunchbase
