OTC Junior Trader – Derivatives

Kraken Digital Asset Exchange

Remote Anywhere

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
For over a decade, Kraken’s focus on our mission and crypto ethos has attracted many of the most talented crypto experts in the world
Before you apply, please read the  page to learn more about our internal culture, values, and mission
As a fully remote company, we have Krakenites in 60+ countries who speak over 50 languages
Krakenites are industry pioneers who develop premium crypto products for experienced traders, institutions, and newcomers to the space
Kraken is committed to , , and through our products like , , and 
Become a Krakenite and build the future of crypto!Proof of Work

The Team

Kraken’s OTC desk is a market leader in one of the most innovative and fast growing industries in the world
We are known for our white-glove service, making markets to clients around the world 24/7

We have established ourselves as a dominant OTC desk for spot trading, built an options desk to service HNWI and institutions, recently launched structured products, and are now expanding our global coverage and capabilities! As the Junior Trader, you will primarily work with our options team to interface with clients, price and risk manage options trades, and cover operational aspects of settlement
You will also have exposure to the spot and lending desks and may assist in coverage of those operations from time to time
This is a fully remote role open for applicants based in North America

The Opportunity

    • Provide white-glove derivatives sales trading coverage to OTC institutional clients, pricing and trading vanilla options and managing associated hedges
    • Cover day-to-day delta hedging and risk management of the options book 
    • Assist in operational aspects including trade settlement and collateral monitoring across platforms and clients 
    • Drive client outreach and conversions for new OTC clients, bringing new business to the desk and growing trading volume for existing clients 
    • Assist in the 24/7 coverage of OTC spot and lending desks, providing trading and operational support when required by staffing needs and/or market conditions

Skills you should HODL

    • 2+ years experience in crypto options trading, OTC trading, and/or spot trading 
    • Experience with options pricing and risk management
    • Experience with operational processes and safeguards; strong attention to detail
    • Strong communication skills; ability to interface directly with diverse set of OTC clients
    • Commercial mindset to identify opportunities and grow the business
    • Passionate about crypto; deep knowledge of crypto spot and derivatives markets

$117,000 – $176,000 a yearThis is the target annual salary range for this role
This range is not inclusive of other additional compensation elements, such as our Bonus program, Equity program, Wellness allowance, and other benefits [US Only] (including medical, dental, vision and 401(k))
The compensation range provided is influenced by various factors and represents the initial target range
Our salary offerings are dynamic and we strive to ensure that our base salary and total compensation package aligns and recognizes the top talent we aim to attract and retain
The compensation package of the successful candidate is based on various factors such as their skillset, experience, and job scope
Location Tagging: #US #CANADA #LI-remote

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 knowledgable 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
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