Senior Execution Trader — PM Support & Risk/Algos

Parabolic Surf; San Juan (PR); On-site; USD 900,000 - 1,100,000; Full time

Benefits offered by this job

Health insurance

Company perks

Gourmet lunches

Job summary

Parabolic Surf, a privately capitalized trading firm operating in cryptocurrency and traditional global markets, seeks a senior execution trader to fully support the PM across the entire trade lifecycle and ensure the book's state is clear at all times. Relocation to Puerto Rico is provided, with ambitious compensation and lunch perks.

You will propose courses of action, manage market risk, and work with software to improve execution and liquidity.

Qualifications

• Track record of supporting and improving execution for a trading team/desk.
• Ability to write basic code to improve trading operations.
• Exceptionally organized with strong attention to detail.
• Intellectual curiosity and a strong interest in crypto markets.
• Willingness to relocate to Puerto Rico (assistance provided).

Responsibilities

• Parameterize, test, and tune execution software.
• Improve trading algorithms and risk management protocols.
• Monitor liquidation risks and capital efficiency.
• Manage directional positions and residual exposure after large trades.
• Own information flow and daily reporting to the PM.
• Propose courses of action with clear tradeoffs.
• Write clear requirements for new projects; QA releases.
• Investigate new venues and platforms to improve execution and liquidity.
• Design robust protocols to prevent slips on execution, collateral, etc.
• Monitor exchange communications and fee changes; seek fee reductions.
• Manage subaccounts and margin to distribute risk.

Skills

Track record of supporting and

Ability to write basic code

Exceptionally organized

Crypto interest

Relocation to Puerto Rico

Job description

Parabolic Surf, a privately capitalized trading firm operating in cryptocurrency and traditional global markets, seeks a senior execution trader to fully support the PM across the entire trade lifecycle and ensure the book's state is clear at all times. Relocation to Puerto Rico is provided, with ambitious compensation and lunch perks.

You will propose courses of action, manage market risk, and work with software to improve execution and liquidity.