OTC Trader

DAOLaunch; Singapore; Hybrid; SGD 60,000 - 100,000; Full time

Job summary

Join DAOLaunch as a Sales Trader, becoming a vital part of our trading team in a dynamic environment focused on cryptocurrency markets. You will drive OTC growth, engage with trading counterparties, and participate in an innovative firm committed to building the future of finance. Enjoy a vibrant culture with growth opportunities, excellent compensation, and a hybrid working model in central Singapore.

Benefits

Performance-based compensation

Flexible work-from-home options

Team meals and celebrations

Modern office amenities

Collaborative company culture

Qualifications

• Minimum Bachelor’s degree required.
• Strong trading knowledge of OTC products.
• Experience as a sales trader is essential.

Responsibilities

• Manage OTC trading and relationships during Asian hours.
• Work with senior traders on larger trades.
• Develop and implement OTC sales strategies.

Skills

Quantitative skills

Analytical skills

Trading knowledge of OTC spot

Interest in blockchain and crypto

Education

Bachelor’s degree in a quantitative field

Job description

About Wintermute

Wintermute is one of the largest crypto native algorithmic trading companies in digital assets. We provide liquidity across most cryptocurrency exchanges and trading platforms, a broad range of OTC trading solutions as well as support high profile blockchain projects and traditional financial institutions moving into crypto. Wintermute also has a Wintermute Ventures arm that invests in early stage DeFi projects.

Wintermute was founded in 2017 and has successfully navigated industry cycles. Culturally, we combine the best of the two worlds: the technology standards of high-frequency trading firms in traditional markets and the innovative and entrepreneurial culture of technology startups. To Wintermute digital assets is not just another asset class, we believe in the innovative potential of blockchain, the fundamental innovations, we have a long-term view on the digital asset market and are taking a leadership position in building an innovative and compliant market. You can read more here.

Working at Wintermute

We are looking to hire a Sales trader who will become a crucial member of Wintermute Asia’s trading team. We are looking for someone with a strong background in OTC and a proven track record in sales trading. As a Sales Trader, you will play a crucial role in OTC business growth by trading and expanding relationships with Wintermute trading counterparties.

You will have the opportunity to have an impact on OTC growth, offer your own growth ideas and get guidance from our best-in-class trading team. Wintermute is a leading OTC desk in the cryptocurrency markets, offering principal liquidity across the full range of OTC products, from 500+ tokens in spot to all major OTC derivatives, including CFDs, options, futures and tailored products. We have over 2,000 counterparties and a great room to grow overall and in Asia specifically. We have no legacy processes, no corporate bureaucracy, yet the highest standards of professionalism and a very dynamic and collaborative culture.

Responsibilities

• Take full ownership of OTC trading during Asian hours, from quoting trades to maintaining relationships with trading counterparties to increase trading activity
• Work closely with senior traders to price and quote larger and more exotic trades
• Evaluate and mitigate trading risks by using risk management strategies.
• Work with the business development team to create and contribute to the OTC sales strategy
• Leverage internal market commentary and research resources to provide additional value-add to counterparties; being able to generate own market color/research is an advantage
• Participate in relevant conferences, events, and networking opportunities to expand our client base and stay ahead of market trends.

Hard Skills Requirements

• Minimum Bachelor’s degree in a quantitative or related field, such as Mathematics, Physics, Computer Science, Economics, Finance, or Engineering
• Experience working as a sales trader in a high performing business.
• Crypto experience would be an advantage. However, we are open to consider applicants from other asset classes.
• Strong trading knowledge of OTC spot trading
• Trading knowledge of derivatives products is a significant advantage; ability to learn pricing of derivatives is required (we will test)
• Experience in a HFT/algorithmic trading business would be a plus.
• Excellent quantitative and analytical skills (we will test)
• Strong interest and curiosity in blockchain, crypto and DeFi - you like keeping track of major news and developments the crypto world

Join our dynamic team and benefit from:

• Working at one of the most innovative trading firms globally.
• Engaging projects offering accelerated responsibilities and ownership compared to traditional finance environments.
• A vibrant working culture with frequent team meals, holiday celebrations, gaming events, and company-wide outings, including our annual Wintermute weekend getaway.
• A Wintermute-inspired office in central Singapore, featuring an array of amenities such as table tennis, personalized desk configurations, a cozy team breakout area with games and free food.
• Great company culture: informal, non-hierarchical, ambitious, highly professional with a startup vibe, collaborative and entrepreneurial.
• A performance-based compensation with a significant earning potential alongside standard perks like private health insurance.

Note:

• Although we are unable to accept fully remote candidates, we support significant flexibility in regards to working from home and working hours. We operate a hybrid working model.
• We are able to sponsor an Employment Pass for exceptional candidates however, we do prefer applicants to have a Singapore PR.