[Remote] OTC Trader, US
Note: The job is a remote job and is open to candidates in USA. Kraken is a mission-focused company rooted in crypto values, seeking to accelerate the global adoption of crypto. The OTC Trader will manage the full lifecycle of cryptocurrency and FX trades while providing market-making services to institutional clients and high-net-worth individuals.
Responsibilities
- Manage the full lifecycle of cryptocurrency and FX trades
- Handle OTC trading flow for both new and existing counterparties
- Document OTC trades, execute orders, hedge risk, and reconcile positions and P&L
- Settle fiat and crypto positions and perform essential ad-hoc tasks
- Rebalance crypto and FX exposure across various trading venues
- Engage with clients and connect them to the OTC desk
- Identify and capture trading opportunities; execute trades within defined parameters
- Collaborate with internal teams (operations, accounting, settlement) to ensure accurate settlement of transactions
- Work with Kraken traders and cryptocurrency researchers to enhance market knowledge and expertise
Skills
- 1-5 years of experience in OTC or electronic trading within the financial services and/or crypto space, with strong product knowledge
- A passion for the crypto world—you're familiar with the latest trends, exciting coins, and have a strong learning attitude toward new industry developments
- Experience in trade execution, strong understanding of electronic trading systems, covering front-to-back processes
- A collaborative and learning mindset—you're eager to learn from your peers and thrive in a team environment
- Demonstrated ability to build and maintain relationships with institutional clients
- Degree in Finance, Economics, Mathematics, Physics or related degree
Company Overview