Daily responsibilities (“You Will”)
Support the management of a risk book of cryptocurrency derivatives to generate superior risk-adjusted pnl to the tune of 100% return on capital.
Manage client relationships and build the book of business.
Lead derivatives trade executions to face clients and hedge these trades with Liquidity providers.
Optimize collateral usage on an ongoing basis to maximize return on capital and mitigate exchange risk.
Involvement in analytics development efforts to measure, monitor and manage day to day risks.
Be a contributing member of the 24x7 derivatives desk coverage team.
Generate ideas and provide solutions for bespoke needs of clients.
Manage daily liquidity and inventory of positions.
Risk reporting to the management on a daily basis.
Manage cross-functional work streams to build the desk.
Provide support to the product team towards building options platform.
Past Experience (“You Have”)
3-7 years of experience managing an OTC derivatives book.
Experience managing risk of multi-instrument OTC positions.
Trade execution experience with both OTC and electronic venues.
Experience managing at least $50mm of risk capital.
Been on a team of multiple traders in the trading group.
Experience in managing derivatives risks.
12 month goals and KPIs
Support growth of the derivatives trading team with 24x7 coverage and streamline processes.
Exposure to the deployment of $50 mm in capital that generated 100% annualized returns.
Base: $ 200k
Cash Incentives: TBD% of the net returns on the derivatives book.
Equity incentives: TBD