Head of Trading (FX, Market Making & Philippines OTC)

Coins Ph; Flippin (AR, KY); On-site; USD 32,000 - 79,000; Full time

Job summary

Coins, the pioneer crypto brand in the Philippines, seeks an experienced FX trading leader to define and execute strategy across payment corridors and currencies. You’ll design market making systems, manage liquidity, and lead the PH trading team to grow OTC volumes while ensuring regulatory compliance.

You will collaborate with Treasury, Finance, Compliance, Risk, Legal and Engineering to fund operations, manage risk and drive revenue in a fast-paced environment.

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, Engineering or a related quantitative field.
• 10+ years of trading experience in FX, digital assets or market making, including 3+ years leading a trading team.
• Proven track record of profitable FX or market making with disciplined risk management.
• Deep understanding of FX markets, liquidity, pricing and execution, preferably including emerging-market and PHP flows.
• Hands-on experience with market making or liquidity provision, such as inventory and spread management and order book dynamics.
• Experience in OTC trading and managing institutional or large-ticket clients is strongly preferred.
• Experience in a regulated payments, exchange, bank or trading firm environment. Crypto exposure is preferred.
• Strong quantitative and analytical skills. Comfort working with data, pricing models and trading systems.
• Established relationships with banks, liquidity providers, market makers and OTC counterparties.
• Strong leadership, communication and stakeholder management skills, with the ability to work in a fast-paced environment.
• Familiarity with Philippine regulations is a plus.

Responsibilities

• Define and execute FX trading strategy across payment corridors and currency pairs.
• Design, run and continuously improve market making strategy for exchange order books, including quoting, inventory management, spread and risk parameters.
• Build, lead and develop the PH OTC/FX trading team, including hiring, performance management and training.
• Establish and enforce trading risk frameworks: position limits, stop-loss, VaR, counterparty and concentration limits.
• Partner with Treasury, Finance, Compliance, Risk, Legal and Engineering to ensure trading operations are well-funded, compliant and operationally sound.
• Produce regular reports on PnL, exposure, volumes, spread capture and desk KPIs for senior leadership. Support audits and regulatory inquiries.

Skills

FX trading

Market making

Leadership

Risk management

Quantitative analysis

Stakeholder management

Regulatory compliance

Communication

Education

Bachelor's degree in Finance, Economics, Mathematics, Engineering or related quantitative field

Tools

Trading systems

Pricing models

Job description

Join the Pioneer Crypto Brand in the Philippines! Coins is the most established crypto brand in The Philippines and has gained the trust of more than 18 million users. Through the easy-to-use mobile app, users can buy and sell a variety of different cryptocurrencies and access a wide range of financial services. Coins is fully regulated by the Bangko Sentral ng Pilipinas (BSP) and is the first ever crypto-based company in Asia to hold both Virtual Currency and Electronic Money Issuer licenses from a central bank. We are a global payments and digital asset exchange business.

Responsibilities

FX Strategy

Define and execute the FX trading strategy across our payment corridors and currency pairs, with a focus on PHP and other emerging-market currencies. Manage pricing, spreads and execution quality for cross-border flows. Source liquidity from banks, LPs and other counterparties. Work with Treasury on hedging and exposure management, so that trading and balance-sheet risk are managed together.

Market Making Strategy

Design, run and continuously improve our market making strategy for exchange order books, including quoting, inventory management, spread and risk parameters. Manage relationships and agreements with external market makers and liquidity providers. Evaluate their performance and terms. Work with Engineering and Product to develop and improve trading systems, pricing engines, algorithms and connectivity.

Philippines OTC / FX Trading Team

Build, lead and develop the PH OTC/FX trading team, including hiring, performance management and training. Oversee OTC client pricing and execution, including large-ticket fiat and crypto trades. Grow OTC volumes and client relationships in coordination with Sales and Business teams.

Risk, Limits & Governance

Establish and enforce trading risk frameworks: position limits, stop-loss, VaR, counterparty and concentration limits. Ensure trading activity complies with applicable regulations (e.g., BSP requirements), internal policy, AML/KYC and market conduct standards. Produce regular reports on PnL, exposure, volumes, spread capture and desk KPIs for senior leadership. Support audits and regulatory inquiries.

Cross-Functional Collaboration

Partner with Treasury, Finance, Compliance, Risk, Legal and Engineering to ensure trading operations are well-funded, compliant and operationally sound. Support new market entries and product launches from a pricing, liquidity and trading perspective.

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, Engineering or a related quantitative field.
• 10+ years of trading experience in FX, digital assets or market making, including 3+ years leading a trading team.
• Proven track record of running profitable FX and/or market making strategies with disciplined risk management.
• Deep understanding of FX markets, liquidity, pricing and execution, preferably including emerging-market and PHP flows.
• Hands-on experience with market making or liquidity provision, such as inventory and spread management and order book dynamics.
• Experience in OTC trading and managing institutional or large-ticket clients is strongly preferred.
• Experience in a regulated payments, exchange, bank or trading firm environment. Crypto exposure is preferred.
• Strong quantitative and analytical skills. Comfort working with data, pricing models and trading systems.
• Established relationships with banks, liquidity providers, market makers and OTC counterparties.
• Strong leadership, communication and stakeholder management skills, with the ability to work in a fast-paced environment.
• Familiarity with Philippine regulations is a plus.