Summary

The team

As leader of the Prime Trading desk, you will help grow our business by interfacing with clients and working cross functionally with Engineers, Quants, Trading Ops, Sales, Account Management, and Legal/Compliance. You will also guide the team in pricing and risk-managing trades, and cover operational aspects of settlement.

The opportunity

1. Lead and Grow the Prime Trading Desk: Oversee all aspects of the Prime trading operations, including strategy development, business development, execution, and risk management, all while ensuring the desk is positioned for long-term success.
2. Develop and Manage High-Performance Teams: Build and mentor a high-performing team of traders, driving both individual and team growth through effective leadership and training.
3. Client Relationship Management and Business Development: Cultivate and maintain relationships with institutional clients, and other stakeholders. Drive business expansion within the institutional segment.
4. Innovate and Lead on Trading Infrastructure: Collaborate with tech teams to optimize and innovate the electronic trading infrastructure, from pricing engines to execution and back-office systems.
5. Cross-Desk Collaboration: Work closely with other trading desks (spot, OTC, etc.) to align strategies, enhance liquidity, and drive synergies within the broader trading ecosystem.
6. Work alongside other Kraken traders and cryptocurrency researchers to enhance market knowledge and expertise.
7. Market Insights and Product Innovation: Stay ahead of market trends and leverage new opportunities in the fast-evolving cryptocurrency landscape to ensure the desk remains competitive.

Skills you should HODL

1. 5+ Years of Trading Experience: With proven experience across Prime within financial services.
2. Master’s or PhD: In a quantitative discipline such as Mathematics, Statistics, Computer Science, Finance, or a related field.
3. Expert in Flow Trading, Execution, and Risk: Deep understanding of multivenue pricing, trade execution, and risk management strategies. Expertise with crypto-specific products is not essential.
4. Strategic Thinking and Execution: Ability to drive the long-term growth of the Prime desk through strategic planning, business development, and the optimization of trading operations.
5. Quantitative and Analytical Expertise: Strong quantitative and analytical skills; familiarity with financial modeling and the ability to develop and implement complex trading strategies.
6. Institutional Relationship Experience: Demonstrated ability to cultivate and expand relationships with institutional clients, drive sales, and grow business within the institutional segments.
7. Operational Excellence: In-depth experience with operational processes and safeguards, ensuring trade compliance, smooth execution, and effective risk management throughout the trade lifecycle.
8. Passion for Crypto and Innovation: A deep passion for the crypto industry, including staying at the forefront of new trends, technologies, and developments. A learning attitude and willingness to innovate are crucial.
9. Proficiency in Programming Languages: Python, R, or C++.
10. Strong understanding of financial instruments, risk metrics, and trading workflows.
11. Excellent problem-solving skills and the ability to translate data into actionable insights.
12. Effective communication and collaboration skills, with the ability to work closely with cross-functional teams.

Nice to haves

1. Expertise on Total Return Swap

Skills

• Business Relation
• Communications Skills
• Development
• Leadership
• Operations
• Problem Solving
• Strategic Thinking
• Team Collaboration