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Ethena Labs · 2 months ago

Equity Derivatives Trader

United States

Full-time

Remote

Senior Level

Ethena Labs is actively building innovative digital dollar products aimed at modernizing finance. As an Equity Derivatives Trader, you will manage trading operations and backing assets for USDe, ensuring efficient execution of trades and collaboration with stakeholders in a dynamic market environment.

BlockchainCryptocurrencyDecentralized Finance (DeFi)EthereumFinanceFinTech

Responsibilities

Portfolio Management activities that contribute to the management of USDe's backing assets, including spot digital assets, derivatives positions, as well as deployments in DeFi money markets

Execute trades efficiently using in house proprietary algorithms, adhering to strict risk parameters and market conditions

Collaborate with your peers to ensure seamless trading coverage principally during your locations working day (US or Asia), but also when the occasion requires it, in an extended time window aligning with the Head of Trading's needs

Contribute to the creation and prioritisation of features requested of engineering to supplement and mature existing tooling

Monitor real-time market risks (liquidity, volatility, counterparty) and adjust positions to minimise exposure

Provide regular updates to the Head Trader on portfolio performance, trade outcomes, and market conditions

Qualification

Cryptocurrency markets experienceElectronic trading expertisePython proficiencyOrder execution workflowsMarket risk monitoringPrioritisation skillsCommunication skills

Required

An existing career currently sat in a senior trader level or higher within electronic or quantitative trading

Established professional experience in cryptocurrency markets (perpetual contracts and spot trading) using crypto exchange APIs and order execution workflows with at least two of the following exchanges: Binance, Bybit, Okx, Deribit, Bitget

Proficiency in Python for data analysis, trade evaluation, or backtesting (using Pandas, NumPy, or similar)

Strong prioritisation and communication skills required for a high paced, high integrity and high outcomes environment

Benefits

Flexible, remote-friendly work environment

Established opportunities for personal growth and learning

Company

Ethena Labs

Ethena is a synthetic dollar protocol built on Ethereum that provides a crypto-native solution for money not reliant on traditional banking system infrastructure, alongside a globally accessible dollar denominated rewards instrument - the 'Internet Bond'.

Founded in 2023