Senior Manager, OTC Trading
PDAX | Philippine Digital Asset Exchange
This job is no longer accepting applications
See open jobs at PDAX | Philippine Digital Asset Exchange.See open jobs similar to "Senior Manager, OTC Trading" ConsenSys Mesh.Senior Manager, OTC Trading
Ortigas Center, Pasig, Metro Manila, Philippines
Trading & Markets
Sep 26, 2023
Full Time
About PDAX
At PDAX, we believe that the future of money is digital, and our mission is to empower all Filipinos to grow their wealth through blockchain technology.
As one of the first crypto firms in the Philippine market, we feel a sense of duty to our users and to the ecosystem to set the standard for safety, ease of access, and reliability. We expect our team to share in this responsibility and cherish our vision of a more open and equitable financial system.
We are looking for new team members that are passionate about cryptocurrency, want to work in a disruptive, fast-growing industry, and thrive in a start-up environment.
If this sounds like you, then we’d love to talk!
About the Role
The OTC Trader is responsible for pricing, managing and executing risk positions in crypto and FX markets as well as providing critical, accurate, and timely delivery of service and support to PDAX's OTC Trading Desk catered to Prime retail and institutional clients and counterparties.
General Responsibilities
Ensure the efficient functioning of the Treasury Department to meet customer requirements and targets, especially in the service of the OTC trading desk and its customers.
Performs Treasury activities related to cash/crypto flow and source liquidity for PDAX and its customers.
Executes the purchase/sale of cryptocurrencies facing customers and square-off risk positions with market counter-parties.
Manage crypto, FX and liquidity risk on behalf of PDAX as its market-facing dealing unit.
Price and monitor risks in the day-to-day operations and Treasury functions of PDAX's of high visibility, priority products: OTC & Internal Market-Making.
Monitor and write daily commentaries on the cryptocurrency and FX markets for customers.
Enhance the trading desk's alpha and pricing competitiveness by making correct calls as needed as well as optimizing position taking and management.
Lead front-office operational activities and pursue business development initiatives for Treasury and Trading alongside the Treasurer.
Qualifications
Education
University degree or equivalent experience required. Concentration in business, finance, economics, math or preferred.
Abilities and Skills
Trading and Risk-management (sell-side)
Ability to establish appropriate priorities, work on multiple projects concurrently and have a customer-first attitude
Detail and service-oriented
Strong analytical and planning skills
Excellent interpersonal and communication skills
Ability to think quickly and multi-task efficiently
Extremely high attention to detail and time management is essential
Must have an entrepreneurial spirit
Experience
At least 3-5 years of working experience with a strong background in trading and markets (particularly sell-side).
Treasury Certified Professional (BAP-TCP) and SEC license is a plus. Likewise, experience in institutional Crypto OTC trading is also a plus.
Preferably Subject matter expert specializing in Crypto & FX Trading, Treasury, Banking/Financial Services or equivalent.
Passionate about the global financial markets, crypto, blockchain and its use cases and current macro events.
Our Culture
We do the right thing. In all dealings, we act with integrity, diligence, and in good faith.
We think about the customer. We solve problems for our users.
We love crypto. We are passionate about cryptocurrency, financial markets, and how technology is changing lives.
We strive for excellence. We love challenges; we raise the bar in everything: our products, services, processes, and people.
We focus on the mission. We take ownership. We are proactive and we work hard to deliver high-impact results at a rapid pace.
We exercise leadership. In any role we play, we strive to be effective leaders.
We believe in continuous learning and growth. We pursue growth, learning, and development, and are eager to give and receive feedback.
This job is no longer accepting applications
See open jobs at PDAX | Philippine Digital Asset Exchange.See open jobs similar to "Senior Manager, OTC Trading" ConsenSys Mesh.