Join to apply for the OTC Trader, EMEA role at Kraken.
Get AI-powered advice on this job and more exclusive features.
Building the Future of Crypto
Our Krakenites are a world‐class team with crypto conviction, united by our desire to discover and unlock the potential of crypto and blockchain technology.
What makes us different?
Kraken is a mission‐focused company rooted in crypto values. As a Krakenite, you'll join us on our mission to accelerate the global adoption of crypto so that everyone can achieve financial freedom and inclusion. We are a fully remote team with members in 70+ countries speaking over 50 languages, and we are committed to industry‐leading security, crypto education, and world‐class client support.
Role Overview
The OTC desk is a market leader in a fast‐growing industry, offering private, white‐glove service to institutional clients and high‐net‐worth individuals globally, 24/7. We are looking for a new OTC Trader to help drive the next phase of growth. You will work with our OTC spot team to interface with clients, manage settlements, and gain exposure to borrowing and lending operations.
Responsibilities
Manage the full lifecycle of cryptocurrency and FX trades.
Handle OTC trading flow for both new and existing counterparties.
Document OTC trades, execute orders, hedge risk, and reconcile positions and P&L.
Settle fiat and crypto positions and perform essential ad‐hoc tasks.
Rebalance crypto and FX exposure across various trading venues.
Engage with clients and connect them to the OTC desk.
Identify and capture trading opportunities; execute trades within defined parameters.
Collaborate with internal teams (operations, accounting, settlement) to ensure accurate settlement of transactions.
Work with Kraken traders and cryptocurrency researchers to enhance market knowledge and expertise.
Qualifications
1‐5 years of experience in OTC or electronic trading within the financial services and/or crypto space, with strong product knowledge.
A passion for the crypto world—you're familiar with the latest trends, exciting coins, and have a strong learning attitude toward new industry developments.
Experience in trade execution, strong understanding of electronic trading systems, covering front‐to‐back processes.
A collaborative and learning mindset—you're eager to learn from your peers and thrive in a team environment.
Demonstrated ability to build and maintain relationships with institutional clients.
Degree in Finance, Economics, Mathematics, Physics or related degree.
Key Details
Seniority level: Entry level
Employment type: Full‐time
Job function: Finance and Sales
This job is accepting ongoing applications and there is no application deadline.
Please note, applicants are permitted to redact or remove information on their resume that identifies age, date of birth, or dates of attendance at or graduation from an educational institution.
We consider qualified applicants with criminal histories for employment on our team, assessing candidates in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance.
Kraken is powered by people from around the world and we celebrate all Krakenites for their diverse talents, backgrounds, contributions and unique perspectives. We hire strictly based on merit, meaning we seek out the candidates with the right abilities, knowledge, and skills considered the most suitable for the job. We encourage you to apply for roles where you don't fully meet the listed requirements, especially if you're passionate or knowledgeable about crypto!
As an equal opportunity employer, we don't tolerate discrimination or harassment of any kind. Whether that's based on race, ethnicity, age, gender identity, citizenship, religion, sexual orientation, disability, pregnancy, veteran status or any other protected characteristic as outlined by federal, state or local laws.
#J-18808-Ljbffr