Member of Global Markets, OTC Trader
** Revision:**
Anchorage Digital is a groundbreaking company pioneering the development of a cutting-edge digital asset platform tailored for institutional involvement in the crypto sphere. Anchorage Digital thrives as a leading industry entity offering custody, staking, trading, governance, settlement, and robust security infrastructures. Home to Anchorage Digital Bank N.A., the sole federally chartered crypto bank in the U.S., Anchorage Digital extends its services to institutional clients through several global offerings.
Having garnered support from esteemed institutions like Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, with a Series D valuation exceeding $3 billion, Anchorage Digital traces its roots back to its inception in 2017 in San Francisco, California. The company currently operates from offices in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota.
The trading desk at Anchorage Digital is expanding rapidly, prompting the hunt for an OTC Trader to oversee the desk operations and drive new business ventures. In the role of an OTC Trader, you will collaborate closely with seasoned traders and quantitative researchers to manage the OTC portfolio. Your responsibilities will encompass utilizing sound risk management techniques and research to identify lucrative trading prospects and implement hedging trading strategies effectively.
An internal framework known as Factors of Growth & Impact has been introduced to refine measurements and document progress more effectively. This system aids team members in assessing impact and articulating coaching, feedback, and overall learning experiences inherent in their exploration, development, and mastery within the Global Markets domain.
Key Responsibilities:
Technical Skills: -Display a deep-rooted understanding of the crypto market with an evident passion for the field. -Provide quotes to and engage in trades with OTC counterparties. -Operate automated trading systems while adjusting strategy parameters as needed.
Work Complexity and Impact: -Manage the desk's active positions, including manual risk reduction when the situation necessitates it. -Stay abreast of evolving industry trends and the underlying drivers of market prices and liquidity to enhance client engagement and execution strategies. -Demonstrate executive presence while interfacing with institutional clients, prospects, and C-level executives.
Organizational Knowledge: -Stay updated on developing trends within the cryptocurrency industry, regulatory guidelines, and best practices concerning trading and settlements. -Exhibit an in-depth comprehension of various cryptocurrencies, their underlying technologies, and the settlement operational processes. -Serve as a brand ambassador for Anchorage Digital by actively participating in industry events and cultivating a network of clients and professional peers.
Communication and Influence: -Effectively communicate across functions with the global 24/7 team. -Mentor junior team members to ensure their proficiency across processes and empower them to suggest and implement enhancements to the trading desk.
Preferred Qualifications: -A minimum of 1 year of experience as an OTC trader within the cryptocurrency domain. -Abbility to successfully convert institutional leads into active trading clients.
Desirable But Not Mandatory: -Strong social media presence, particularly on Twitter, with a knack for uncovering market narratives and trends within the crypto sphere. -Enjoy incorporating memes as a mode of communication. -Emotional attachment to the soundtrack of "Hamilton," enthused by its depiction of the founding of a new financial system.
