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2025-12-17

Derivatives Trader

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Falcon X
Derivatives Trader
New York, US
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Job Description

Location: New York, NY

Impact

We are a leading market-making firm focused on providing liquidity in the rapidly evolving cryptocurrency markets. Utilizing advanced trading and risk systems, we operate across global crypto exchanges, offering deep liquidity and tight spreads in a variety of products. As we continue to grow, we are looking for a talented and driven junior trader to join our New York-based team.

This is a full-time, in-person role covering trading operations from Monday through Friday, and an excellent opportunity to join one of the leading sell-side crypto trading desks in the world.

Responsibilities:

  • Trade and manage positions across various crypto spot and derivatives markets, working closely with portfolio managers and risk managers to determine best execution and position management
  • Coordinate closely with the global trading teams to maintain seamless 24/7 market coverage
  • Provide research, analysis, and trade ideas on various crypto, crypto-linked equities, and macro catalysts that may drive various firm positions
  • Ensure accurate trade capture and quality data flow in our risk systems
  • Execute and maintain up-to-date position reconciliation with a high degree of accuracy and timeliness
  • Compile and analyze metrics for trading
  • Work cross functionally with accounting and operations teams to ensure record accuracy and investigate discrepancies in a timely manner

Qualifications:

  • Bachelor's degree in a relevant discipline (STEM)
  • 1 - 3 years of experience in options/derivatives trading experience at a bank, proprietary trading firm, or market-making firm. Crypto experience is a plus
  • Basic understanding of options theory and greek risks
  • Coding skills (Python, SQL) are desirable but not mandatory
  • Passionate about trading, macroeconomic markets, and interest in crypto
  • Personal experience using various blockchain protocols and understanding of crypto liquidity conditions
  • Excellent written and verbal communication skills
  • Team-oriented

Compensation

Base pay for this role is expected to be between $145,000 - $175,000 USD for New York City. This expected base pay range is based on information at the time this post was generated. This role will also be eligible for other forms of compensation such as a performance linked bonus, equity, and a competitive benefits package. Actual compensation for a successful candidate will be determined based on a number of factors such as location, skillset, experience, and qualifications.

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