Head of OTC Trading (Global)
Company Description
BitGo is a leading provider of financial services for digital assets, offering liquidity, custody, and security solutions to institutional investors. With a focus on serving institutional clients, BitGo has been at the forefront of digital asset technology since its founding in 2013. They provide services in both centralized and decentralized finance, including trading, lending, and borrowing through their prime brokerage services. BitGo is also the custodian for WBTC, the leading global stablecoin for Bitcoin. They have a comprehensive solution for digital assets called BitGo Portfolio and Tax. Additionally, BitGo Trust Company, launched in 2018, is the first qualified custodian specifically designed for storing digital assets. BitGo serves over 1500 institutional clients in 50 countries, including regulated entities, cryptocurrency exchanges, and platforms. The company is supported by several reputable investors such as Goldman Sachs, Craft Ventures, and Galaxy Digital Ventures.
BitGo is seeking a global Head of OTC Trading to join their team. This position offers flexibility in terms of geography. The Head of OTC Trading will play a pivotal role in expanding BitGo's institutional OTC trading efforts. They will be a senior leader in the organization and responsible for developing and managing trading relationships with various buy-side clients such as hedge funds, asset managers, and ultra-high net worth individuals. In addition to maintaining existing trading relationships, the Head of OTC Trading will also be responsible for cultivating new relationships with clients who utilize BitGo's services. Collaboration with other senior staff at BitGo, as well as the APAC team, will be essential for success in this role.
Responsibilities
- Collaborate with senior management to develop and expand the core OTC trading mandate
- Oversight of the entire OTC trading desk and its P&L, risk management, execution, and position management
- Drive operational improvements and build relationships with third-party vendors
- Foster client relationships and work with the sales and trading team to increase flow to BitGo OTC
- Leverage synergies with the Go Network and Prime teams to create value for BitGo and its clients
- Collaborate with legal and compliance teams to explore new business lines and assets
Skills and Experience
- Minimum of 3 years experience in digital asset trading (spot or derivatives)
- Minimum of 5 years of general trading experience in traditional or crypto markets
- Deep understanding of financial markets and digital asset market structure
- Ability to manage risk and operate in a fast-paced trading environment
- Strong communication skills, both with clients and the internal team
- Leadership experience in managing a team or desk of traders/operations personnel
- Passion and enthusiasm for the digital asset industry and willingness to learn about new concepts and market trends
- Agility and interest in learning new products and technologies in a rapidly evolving environment
Why Join BitGo?
Work at a company that is disrupting the financial industry through innovation, collaboration, and execution. BitGo values ownership, craftsmanship, and open communication and seeks individuals who bring innovative ways of thinking and problem-solving. Join a team of talented professionals who strive for excellence and want to make a difference in the world's financial markets.
Benefits of working at BitGo include:
- Competitive base salary, bonus, and stock options
- Comprehensive health insurance coverage for employee, partner, and dependents
- Company matching for 401k contributions
- Paid parental leave and vacation time
- Transit/parking pass provided
- Free custom meals and snacks
- Suitable computer equipment and workspace
- Inspiring startup environment and supportive colleagues
Benefits may vary based on location
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