Senior Associate OTC Trading

PDAX; Pasig; On-site; PHP 670,000 - 1,339,000; Full time

Job summary

PDAX in Manila is seeking a Junior Trader for Crypto and FX Trading to help manage OTC and foreign exchange trading operations, aiming to optimize profitability, ensure liquidity, and manage currency and crypto risk. This role supports the Treasury OTC product by servicing Prime client trades via voice channels and pricing trade flows while controlling residual risk.

The ideal candidate has a Bachelor’s degree in business/economics/math and 1–2 years in financial markets, preferably fintech or

Qualifications

• Bachelor's degree in Business, Economics, Mathematics, or related field.
• 1-2 years of experience in financial markets in sell-side sales and/or trading roles in OTC trading, treasury, or market-making, preferably in fintech, crypto, or banking.
• Familiarity with institutional market sales is an advantage.
• Familiarity with crypto markets, stablecoins, and fiat on/off ramps is a strong advantage.
• Excellent analytical, quantitative, and decision-making skills.
• Experience with Bloomberg, Refinitiv, or similar market tools.

Responsibilities

• Quote OTC crypto and FX trades to customers, ensuring competitive pricing while managing risk.
• Monitor market-maker pricing and trends to inform pricing and hedging.
• Manage crypto inventory and liquidity across fiat accounts.
• Analyze spreads and arbitrage opportunities across exchanges.
• Ensure compliance with BSP and AML regulations.
• Collaborate with PDAX teams (BD, Product, Compliance) to support trading product.
• Prepare daily/weekly trade reports, P&L summaries, and risk analyses for leadership.

Skills

Analytical skills

Quantitative skills

Decision making

Crypto market familiarity

Education

Bachelor's degree in Business, Economics, Mathematics, or related field

Tools

Bloomberg

Refinitiv

Job description

Job Description:

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

PDAX is looking for a Junior Trader for Crypto and FX Trading who will help manage OTC and foreign exchange trading operations to optimize profitability, ensure liquidity, and manage currency and crypto risk. This role is critical to PDAX’s crypto markets trading desk and specifically to the Treasury OTC product which includes servicing Prime customer trades via voice chat trading channels. This role's day-to-day objective is to price & service client trading flows and manage the residual risk arising from crypto-fiat, fiat-fiat, and crypto-crypto trades, playing a pivotal part in ensuring market, liquidity, and credit risk is managed appropriately.

General Responsibilities

• Quote OTC trades to customers in various cryptocurrency cross pairs, ensuring market pricing competitiveness and profitability while managing risk appropriately.
• Monitor PDAX market-maker pricing and analyze market movements and trends to inform pricing strategies and hedging positions.
• Manage crypto inventory and liquidity across fiat accounts (PHP, USD, etc.) to support customer transactions and treasury operations.
• Analyze spreads, pricing, and arbitrage opportunities across exchanges (e.g., local banks, OTC desks, crypto exchanges).
• Ensure compliance with BSP and AML regulations related to FX operations.
• Collaborate with cross functional teams within PDAX such as BD, Product and Compliance to ensure the success of the trading product.
• Prepare and present daily/weekly trade reports, P&L summaries, and risk analysis to senior management.

Qualifications

• Bachelor’s degree in Business, Economics, Mathematics, or related field.
• 1-2 years of experience in financial markets in sell-side sales and/or trading roles in OTC trading, treasury, or market-making, preferably in fintech, crypto, or banking.
• Familiarity with institutional market sales is an advantage.
• Familiarity with crypto markets, stablecoins, and fiat on/off ramps is a strong advantage.
• Excellent analytical, quantitative, and decision-making skills.
• Experience with Bloomberg, Refinitiv, or similar market tools.

Our Culture

Communication

• We prioritize clear and transparent communication, ensuring that there is clarity among everyone we work with.
• We aim to have a collaborative environment, where innovative ideas in investment strategies are shared openly and constructively, driving the industry forward.

Customer-focus

• We think about how our decisions impact our customers and ensure we provide the best experience that we can.
• We believe in building lasting relationships with our clients, constantly learning from and listening to them, and always striving to look out for what’s best for both sides.

Commitment

• We always aim to do the right thing and to do the right thing, excellently. We take accountability seriously and uphold ourselves to high standards, ensuring that we execute with attention to detail.
• We are dedicated to the long-term success of our clients in the dynamic world of financial technology, maintaining integrity and professionalism in every aspect of our work.

Requirements: