OTC Trader

This is a fully remote position, open to applicants in Singapore.

📋 Description

• Design and refine trading strategies for spot crypto/fiat OTC markets, emphasizing price discovery and deliverable settlement.

• Create and enhance predictive models and signals for execution, hedging, and post-trade analysis of spot and OTC transactions.

• Implement and oversee spot arbitrage trades through deliverable settlement.

• Manage inventory availability, internal transfers, withdrawals/deposits, and post-trade reconciliation to facilitate smooth settlement and reduce failures.

• Take ownership of the OTC trading pipeline from rate tracking and quoting logic to monitoring and deployment.

• Collaborate to enhance fiat hedging and OTC settlement processes across banking systems and crypto platforms.

• Examine market microstructure and execution performance to enhance Sharpe and decrease slippage on large, illiquid, or bilateral OTC transactions.

• Advance asset allocation strategies across more than 30 exchanges and OTC counterparties.

• Oversee counterparty relationships and credit lines, ensuring efficient settlement and minimal exposure to counterparty risk.

⛳️ Requirements

• A minimum of 5 years of experience in spot trading, OTC desks, or proprietary trading (either crypto or traditional).

• Previous experience in a fiat market making, OTC settlement, or spot trading setting.

• Practical experience in trading crypto/fiat OTC markets and deliverable settlement.

• Strong background in hedging logic, managing fiat settlement flows, or optimizing asset rebalancing across various exchanges and counterparties.

• In-depth knowledge of market microstructure and the ability to design systems that leverage edges from OTC and bilateral flows.

• Excellent analytical skills to assess PnL, post-trade statistics, and refine strategies for optimizing Sharpe ratio, turnover, and drawdowns.

• Advanced expertise in Python, applied statistics, and predictive modeling.

• Familiarity with Rust is considered a significant advantage.

• Capable of designing and maintaining a robust trading infrastructure, including real-time monitoring, execution diagnostics, dynamic parameter tuning, and automated risk controls.

• Understanding of forex markets, FX instruments, and price discovery for various currencies is a desirable asset.

🏝️ Benefits

• Profit shares directly tied to your performance and market outcomes — the potential is limitless.

• Learning & Development budget.

• Flexible benefits package — including free food, Bolt taxi, sports, spa & wellness, etc.

• Opportunity to engage in global crypto events.

• Flexible working hours.

• Casual workplace attire.

• Startup environment.