OTC Options Trader

4 weeks ago


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 fast-paced, mission-driven organization where opportunities to learn and excel are endless, then Binance is the place for you.The roleWe are hiring an OTC Options Trader to join Binance OTC business team. The team is responsible for spot and derivatives OTC trading desk, agency execution, and API liquidity solutions. The OTC Options Trader will be part of a fast growing business, fast-paced environment, and play a key role in expanding the volumes and revenue of the trading desk.The expected tasks will be, but not limited to: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.Work closely with trade operations and back-office teams to ensure accurate trade booking and reconciliations.Provide OTC spot and derivatives desk coverage during EMEA hours by operating the trade executions and settlements.Work closely with the VIP sales team, and directly engage with external clients during spot and derivatives OTC transactions lifecycle.Perform ad-hoc trade or business data analysis, product design specifications of new services, or other ad-hoc tasks as required by the business. Requirements:Strong academic track record, preferably in an Econometrics, Mathematics, Computer Science or equivalent degree.5+ years of relevant trading experience in financial derivatives. Proven experience in options risk/ portfolio management, and options pricing models.Good understanding of the OTC trade lifecycle, OTC pricing and execution methods.Thorough understanding of market microstructure and hedging strategies.Proven experience to work with Python and SQL query.Excellent analytical and problem solving skills. Self-motivated and independent.Strong communication skills to proactively engage with internal and external stakeholders across different cultures and geographies.Experience/interest in the crypto/DeFi industry is a big plus.Working at Binance• Be a part of the world’s leading blockchain ecosystem that continues to grow and offers excellent career development opportunities• Work alongside diverse, world-class talent in an environment where learning and growth opportunities are endless• Tackle fast-paced, challenging and unique projects• Work in a truly global organization, with international teams and a flat organizational structure• Competitive salary and benefits• Flexible working hours, remote-first, and casual work attireLearn more about how Binancians embody the organization’s core values, creating a unified culture that enables collaboration, excellence, and growth. Apply today to be a part of the Web3 revolution Binance is committed to being an equal opportunity employer. We believe that having a diverse workforce is fundamental to our success. By submitting a job application, you confirm that you have read and agree to our Candidate Privacy Notice.
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