Kraken Digital Asset Exchange is hiring OTC Junior Trader

atKraken Digital Asset Exchange

Oct 19

Posted by Kraken Digital Asset Exchange
Oct 19, 2023

As one of the largest and most trusted digital asset platforms globally, we are empowering people to experience the life-changing potential of crypto.

Trusted by over 8 million consumer and pro traders, institutions, and authorities worldwide - our unique combination of products, services, and global expertise is helping tip the scales towards mass crypto adoption.

But we’re only just getting started. We want to be pioneers in crypto and add value to the everyday lives of billions.

Kraken is backed by investors including, Money Partners Group, Hummingbird Ventures, Blockchain Capital, and Digital Currency Group, among others.

"We are empowering people to live simply, efficiently and more connected to others. We put our clients’ best interests first and foremost. They are at the heart of our company and drive everything we do. We believe in having a laser focus when pursuing our strategic goals and participate only in markets where we can make a significant contribution. We believe in complete transparency, deep collaboration and we never forget that people come first. Having this mindset allows us to grow and advance at a rate which others cannot." Jesse Powell, CEO of Kraken

Did you know that Kraken is now over 2,500+ fully-remote people from around the world? And we're hiring hundreds more in 2022 #werehiring #cryptocareers

Building the Future of Crypto Our Krakenites are a world-class team with crypto conviction, united by our desire to discover and unlock the potential of crypto and blockchain technology.What makes us different? Kraken is a mission-focused company rooted in crypto values. As a Krakenite, you’ll join us on our mission to accelerate the global adoption of crypto, so that everyone can achieve financial freedom and inclusion. For over a decade, Kraken’s focus on our mission and crypto ethos has attracted many of the most talented crypto experts in the world.Before you apply, please read the Kraken Culture page to learn more about our internal culture, values, and mission.As a fully remote company, we have Krakenites in 60+ countries who speak over 50 languages. Krakenites are industry pioneers who develop premium crypto products for experienced traders, institutions, and newcomers to the space. Kraken is committed to industry-leading security, crypto education, and world-class client support through our products like Kraken Pro, Kraken NFT, and Kraken Futures.Become a Krakenite and build the future of crypto!Proof of WorkThe TeamKraken’s OTC desk is a market leader in one of the most innovative and fast growing industries in the world. We are known for our white-glove service, making markets to clients around the world 24/7. We have established ourselves as a dominant OTC desk for spot trading, built an options desk to service HNWI and institutions, recently launched structured products, and are now expanding our global coverage and capabilities! As the Junior Trader, you will primarily work with our options team to interface with clients, price and risk manage options trades, and cover operational aspects of settlement. You will also have exposure to the spot and lending desks and may assist in coverage of those operations from time to time.This is a fully remote role open for applicants based in North America.

The Opportunity

Provide white-glove derivatives sales trading coverage to OTC institutional clients, pricing and trading vanilla options and managing associated hedges
Cover day-to-day delta hedging and risk management of the options book
Assist in operational aspects including trade settlement and collateral monitoring across platforms and clients
Drive client outreach and conversions for new OTC clients, bringing new business to the desk and growing trading volume for existing clients
Assist in the 24/7 coverage of OTC spot and lending desks, providing trading and operational support when required by staffing needs and/or market conditions

Skills you should HODL

2+ years experience in crypto options trading, OTC trading, and/or spot trading
Experience with options pricing and risk management
Experience with operational processes and safeguards; strong attention to detail
Strong communication skills; ability to interface directly with diverse set of OTC clients
Commercial mindset to identify opportunities and grow the business
Passionate about crypto; deep knowledge of crypto spot and derivatives markets

$117,000 - $176,000 a yearThis is the target annual salary range for this role. This range is not inclusive of other additional compensation elements, such as our Bonus program, Equity program, Wellness allowance, and other benefits [US Only] (including medical, dental, vision and 401(k)).The compensation range provided is influenced by various factors and represents the initial target range. Our salary offerings are dynamic and we strive to ensure that our base salary and total compensation package aligns and recognizes the top talent we aim to attract and retain. The compensation package of the successful candidate is based on various factors such as their skillset, experience, and job scope.Location Tagging: #US #CANADA #LI-remoteKraken is powered by people from around the world and we celebrate all Krakenites for their diverse talents, backgrounds, contributions and unique perspectives. We hire strictly based on merit, meaning we seek out the candidates with the right abilities, knowledge, and skills considered the most suitable for the job. We encourage you to apply for roles where you don't fully meet the listed requirements, especially if you're passionate or knowledgable about crypto!As an equal opportunity employer, we don’t tolerate discrimination or harassment of any kind. Whether that’s based on race, ethnicity, age, gender identity, citizenship, religion, sexual orientation, disability, pregnancy, veteran status or any other protected characteristic as outlined by federal, state or local laws. Stay in the knowFollow us on Twitter Learn on the Kraken Blog Connect on LinkedIn

Listed in: Crypto Jobs, Remote Crypto Jobs, Web3 Crypto Jobs, Trading Crypto Jobs, Sales Crypto Jobs, Operations Web3 Jobs, Security Crypto Jobs, Exchange Crypto Jobs, Junior Level Crypto Jobs, Remote USA Web3 Jobs, NFT Web3 Jobs, Full Time Web3 Jobs.