OTC Options Trader

2 weeks ago


Dubai, Dubai, United Arab Emirates Binance Full time

Binance is the leading global blockchain ecosystem and cryptocurrency infrastructure provider whose suite of financial products includes the world's largest digital-asset exchange. Our mission is to accelerate cryptocurrency adoption and increase the freedom of money. If you're looking for a dynamic and purpose-driven organization where opportunities to learn and excel are abundant, then Binance is the place for you.

The Role:

  • Monitor open positions and risk of the options book, manage configurations of the automated trade algorithms, and perform manual options trades.
  • Work closely with other traders and quantitative team to enhance the options trading strategies algorithms, profitability, and risk controls.
  • Ensure accurate trade booking and reconciliations in collaboration with trade operations and back-office teams.
  • Provide OTC spot and derivatives desk coverage during EMEA hours by operating the trade executions and settlements.
  • Collaborate with the VIP sales team and engage with external clients during spot and derivatives OTC transactions lifecycle.
  • Conduct ad-hoc trade or business data analysis, product design specifications of new services, or other necessary tasks as required by the business.

Requirements:

  • Strong academic track record, preferably in an Econometrics, Mathematics, Computer Science, or related field. 5+ years of relevant trading experience in financial derivatives
  • Proven experience in options risk/portfolio management, and options pricing models.
  • Good understanding of OTC trade lifecycle, OTC pricing, and execution methods.
  • Familiarity with market microstructure and hedging strategies.
  • Proficiency in Python and SQL query.
  • Excellent analytical and problem-solving skills. Self-motivated and independent.
  • Strong communication skills to effectively engage with internal and external stakeholders across different cultures and geographies.
  • Experience/interest in the crypto/DeFi industry is a bonus.

Working at Binance:

  • Be a part of the world's leading blockchain ecosystem with continuous growth and outstanding career development opportunities.
  • Collaborate with diverse, world-class talent in a setting where learning and growth opportunities are limitless.
  • Take on fast-paced, challenging, and unique projects.
  • Work in a truly global organization with international teams and a flat organizational structure.
  • Enjoy a competitive salary and benefits package.
  • Benefit from flexible working hours, remote-first approach, and casual work attire.

Learn more about how Binancians embody the organization's core values, fostering a unified culture that promotes collaboration, excellence, and growth. Join the Web3 revolution by applying to be a part of this exciting opportunity. Binance is dedicated to equal employment opportunities, believing that a diverse workforce is crucial to its success. By submitting a job application, you acknowledge that you have read and agreed to our Candidate Privacy Notice.


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