Trading and Liquidity Strategy Lead

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

📋 Description

• Oversee spreads, order book depth, fill rates, time to fill, and slippage for key pairs, particularly USDT/NGN.

• Examine stale quotes, one-sided liquidity, unusual price movements, and their underlying factors.

• Analyze pricing against executable prices in relevant markets.

• Identify and execute trades through authorized exchanges and counterparties.

• Choose suitable venues, order types, and trade sizes.

• Provide support for liquidity and execution for the OTC Desk and trading products.

• Evaluate cross-exchange and arbitrage opportunities after accounting for fees, slippage, funding, and transfer costs.

• Assess quotes and spreads relative to market conditions, inventory, and execution expenses.

• Suggest pricing adjustments that balance competitiveness with sustainable margins.

• Collaborate with market makers and liquidity providers to ensure two-sided quotes, depth, and availability.

• Monitor trading inventory, open orders, unsettled trades, and counterparty exposure.

• Execute authorized hedges and rebalancing trades within pre-established limits.

• Work alongside Treasury Ops and Finance on funding, settlement, reconciliation, and realized/unrealized P&L.

• Report any limit breaches, pricing inaccuracies, and suspected market misconduct.

• Maintain trade documentation and adhere to approval protocols.

• Provide updates on market health, execution costs, P&L, and emerging risks to the CFO.

• Partner with Product and Engineering teams on price verification, liquidity alerts, and trading tools.

• Record trading decisions, responses to incidents, and handover procedures.

• Set performance baselines and achieve measurable enhancements in execution quality, net spread, or liquidity availability.

⛳️ Requirements

• Proven experience in executing and managing crypto trades across various exchanges, ideally in an exchange, market maker, or OTC desk environment.

• Strong accountability for trading positions, execution quality, and overall P&L.

• Solid understanding of order book mechanics, maker and taker fees, order types, slippage, market impact, and inventory risk.

• Familiarity with NGN/stablecoin markets, local liquidity, FX movements, and settlement limitations.

• Experience collaborating with liquidity providers and counterparties, verifying quotes, and tracking trades through to settlement.

• Proficient in utilizing spreadsheets and trading data to calculate costs, verify P&L, and investigate execution issues.

• Ability to remain calm and make sound decisions during market fluctuations, communicate clearly, and escalate issues promptly.

• Strong trading judgment.

• Experience with exchange APIs, SQL, Python, or trading automation is an advantage.

🏝️ Benefits

• Competitive salary based on expertise and experience.

• Annual merit-based evaluations.

• Annual performance assessments and transparent promotion pathways.

• Acknowledgment for outstanding contributions, including shoutouts for milestone rewards.

• Personal development budget for courses, books, and conferences.

• Study leave.

• Permanent remote work opportunity.

• Flexible working hours.

• Unlimited paid time off.

• Observance of Nigerian national holidays.

• Parental, sick, compassionate, and life event leave.

• Quarterly remote team gatherings.

• Annual offsite events.

• Interest-based communities (SIGs).

• Regular employee engagement surveys.

• Health and life insurance coverage in select locations.