Principal Trader, EMEA

Kraken; À distance; EUR 100 000 - 151 000; Plein temps

Résumé du poste

A leading crypto trading platform is expanding its OTC desk and is seeking a highly skilled trader to drive strategy and client engagement. This role requires 8-10 years of trading experience with a focus on options pricing and risk management. You will support the development of trading strategies, manage client relationships, and collaborate with technology teams to enhance trading processes. Join a dynamic team dedicated to fostering innovation in the crypto space, working remotely alongside a diverse range of experts.

Qualifications

• 8-10+ years of trading experience, with at least 3 years focused on spot and derivatives trading.
• Expert in options pricing and risk management.
• Strong quantitative skills and experience with financial modeling.

Responsabilités

• Support and grow the OTC Spot and derivatives desks.
• Build and maintain relationships with clients.
• Contribute to robust risk practices across derivatives.

Connaissances

Trading experience

Options pricing

Analytical expertise

Client engagement

Risk management

Operational excellence

Adaptability

Passion for markets

Description du poste

Overview

Kraken OTC desk is a market leader in a fast-growing industry. We provide market-making to clients globally, 24/7, offering deep liquidity for tighter spreads and a private, personalized service for institutional clients and high-net-worth individuals executing large orders. Our OTC desk focuses on discreet, secure, and ultra-competitive execution and settlement services. We are expanding our OTC business and are looking for a highly skilled trader to shape the desk’s direction and growth. This is a hands-on role where you’ll actively manage client flow, engage with counterparties, and drive strategy and execution.

As a fully remote company, Kraken has team members in 70+ countries who speak 50+ languages. Krakenites develop premium crypto products for experienced traders, institutions, and newcomers, with a commitment to industry-leading security, crypto education, and world-class client support through products like Kraken Pro, Desktop, Wallet, and Kraken Futures.

Become a Krakenite and build the future of crypto!

The Opportunity

• Support and grow the OTC Spot and derivatives desks: define strategy, execution, and long-term growth.
• Client engagement & business development: build and maintain relationships with high-net-worth individuals, institutional clients, and counterparties.
• Risk management: contribute to robust risk practices across spot, options, and other derivatives by managing client flow, pricing effectively, and maintaining discipline and attention to detail.
• Infrastructure & innovation: partner with technology teams to improve systems across pricing, execution, monitoring, and post-trade processes.
• Cross-desk collaboration: work with spot, futures, and OTC teams to align strategies, optimize liquidity, and capture synergies.
• Market insights & opportunities: stay ahead of crypto and derivatives market dynamics, including funding rates, events, and trends; proactively highlight growth opportunities to clients.
• Growth mindset: drive business development, expand client relationships, and contribute to the overall expansion of OTC.

Skills you should HODL

• 8-10+ years of trading experience, with at least 3 years focused on spot and derivatives trading within financial services, FX, or crypto.
• Expert in options pricing, execution, and client-flow risk management: deep understanding of options pricing, trade execution, and risk management strategies; crypto-specific products and derivatives experience is essential.
• Strategic execution: ability to drive long-term growth of the options desk through business development, client-driven flow, and optimized trading operations.
• Quantitative and analytical expertise: strong quantitative skills; familiarity with financial modeling and developing/implementing complex trading strategies.
• Sales & client engagement: ability to cultivate and expand relationships with institutional and HNWI clients, actively engaging in trading conversations, driving sales, and maintaining strong communication.
• Operational excellence: experience with trade lifecycle processes, compliance, execution, and risk management.
• Adaptability: comfortable with system implementation, evolving workflows, and creative problem-solving for client needs.
• Passion for markets & innovation: curiosity about market trends, strong interest in crypto and derivatives, commitment to continuous learning and innovative thinking.

We consider qualified applicants with criminal histories for employment in line with applicable laws and ordinances.

Kraken is an equal opportunity employer. We celebrate diverse talents and backgrounds and hire based on merit and fit for the role.

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