DeFi Trader

P2P; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading trading firm in Singapore is seeking a Defi Trader to manage cryptoasset trading strategies on decentralized exchanges. The role requires expertise in Defi markets, risk management, and quantitative analysis, with a strong foundational education in related fields. Ideal candidates will have 2-8 years of institutional trading desk experience and a passion for the Defi ecosystem. Join this dynamic firm to address exciting challenges in the crypto space.

Qualifications

• 2 to 8 years’ experience in an institutional Defi trading desk.
• Deep understanding of Defi topics and protocols.
• Excellent logical reasoning and analytical skills.

Responsibilities

• Research, build and own discretionary trading strategies across Defi markets.
• Monitor on-chain information and sentiment.
• Communicate closely with team members and other offices.

Skills

Risk management

Quantitative analysis

Market structure understanding

Communication skills

Attention to detail

Education

BS, MS, and/or PhD in Mathematics, Statistics, Physics, Science, Engineering, or Computer Science

Job description

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.

Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.

We operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters–it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.

Cumberland - a DRW Company is the cryptoasset arm of DRW, established in 2014 after early interest in cryptoassets and their underlying technology. Today, Cumberland is a global leader in cryptoassets, uniquely positioned between the traditional financial markets and the cryptoasset ecosystem. From our offices around the world, we provide 24x7x365 access to a wide array of cryptoassets while helping the crypto ecosystem grow and evolve in a responsible, sustainable way.

As a Defi Trader, you will have an opportunity to combine the disciplines of risk management, research and technology to execute cryptoasset trading strategies across decentralized exchanges and liquidity pools. You will work closely with experienced traders, business development teams and quantitative researchers to help identify trading opportunities and manage the cryptoasset portfolio.

What you’ll do in this role

• Research, build and own discretionary trading strategies across Defi markets including liquidity provisioning, yield farming, directional trading, basis trading, RV trading.
• Monitor on-chain information, sentiment and catalysts including fundamental change in various ecosystems, protocols and token/token foundations.
• Own trade execution optimizing for risk management and execution cost/market impact.
• Manage and quantify credit risk along with market risk associated with deploying balance sheet in Defi ecosystem.
• Communicate closely with our other offices on varying workflow initiatives and trades
• Work with a variety of internal teams (research, relationship management, operations, etc.) to ensure proper trade flow and settlement
• Monitor open positions and execution in our trading systems
• Adjust system parameters based on market conditions
• Communicate relevant market events to team members
• Contribute to all aspects of the trading desk activities including position reconciliation, risk management tasks and post-trade analysis

Requirements

• BS, MS, and/or PhD with strong academic results in Mathematics, Statistics, Physics, Science, Engineering, or Computer Science
• 2 to 8 years’ experience in an institutional Defi trading desk (trading firm, defi fund, LP desk) with strong understanding of market structure, liquidity and token-omics.
• Passion for building Defi ecosystem with deep understanding of DeFi topics and protocols
• Excellent logical reasoning, strong quantitative and analytical skills
• Meticulous attention to details and accuracy in work
• Excellent verbal and written communication skills, with the ability to effectively interact with counterparties and internal stakeholders
• Ability to adapt in a fast-paced, collaborative, and results-oriented environment, and thrive under time-sensitive and high-pressure situations

Why Join DRW-Cumberland:

At DRW-Cumberland, we are committed to creating a workplace that inspires and empowers our employees with impactful responsibilities quickly. You will have the opportunity to be creative and entrepreneurial to solve fascinating problems, capture valuable opportunities, and directly influence the future of the business. Our collaborative environment promotes innovation and continuous learning, making DRW-Cumberland a dynamic place to grow your career.

If you are ready to take on this exciting challenge, apply now and become a part of our forward-thinking team at DRW-Cumberland.

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