Principal Trader

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

📋 Description

• Develop, manage, and advance EXANTE’s main trading book across various asset classes.

• Supply liquidity in response to client flow, oversee the resulting inventory, and hedge residual exposure to generate P&L, maintaining full P&L accountability within the firm’s regulatory framework, best-execution standards, and conflict-of-interest guidelines.

• Engage in market making, flow trading, relative-value, and other legitimate strategies while adhering to Board-approved risk limits.

• Identify, negotiate, and onboard exchanges, prime brokers, and OTC counterparties essential for effective hedging and inventory management.

• Design, implement, and manage the risk limits, monitoring, and escalation framework for the trading book.

• Coordinate securities inventory, financing, and revenue with the current Stock Lending team.

• Collaborate with the Options Trading and Fixed Income & Structured Products desks to ensure complementary principal books and shared risk visibility.

• Work closely with Operations, Treasury, and Technology on workflow, financing, settlement, and platform tools.

• Manage conflicts of interest, best-execution agreements, and product-governance compliance across relevant booking entities.

⛳️ Requirements

• 10–20 years of experience in principal trading, flow trading, market making, or managing a multi-asset trading book at a sell-side firm, broker-dealer, prime broker, or proprietary trading house, with proven P&L results across different market conditions.

• Strong multi-asset risk management background, covering delta, gamma, vega, correlation, liquidity, and counterparty risk.

• Regulatory knowledge — practical understanding of the MiFID II Systematic Internaliser regime, best-execution requirements, and conflict-of-interest management within a regulated broker-dealer context is crucial.

• Familiarity with securities financing and stock lending operations is an advantageous asset.

• Cooperative mindset — essential; success in this role depends on close collaboration with the existing Stock Lending team and new trading desks, with a proven history of effective cross-desk and cross-functional operations.

• Proficiency in English — required.

• Commercially minded and disciplined — technically adept, with a comfort level in taking full accountability for a P&L.

🏝️ Benefits

• Competitive salary that reflects your expertise and the value you contribute.

• Flexible work arrangements that accommodate your lifestyle — choose to work from home, our office, or a combination of both.

• Tailored benefits package — select the options that best meet your needs, rather than a one-size-fits-all solution.

• A truly positive work environment — an informal, collaborative culture where your ideas are valued and bureaucracy is minimized.

• Opportunities for continuous learning — access to ongoing training, educational programs, and resources to enhance your expertise in a dynamic industry.

• Networking opportunities beyond your desk — participate in events that foster connections among our teams.

• Global exposure — collaborate with talented colleagues from around the world in a business that serves clients in over 100 countries.