Team Lead, Arbitrage (Hong Kong)
About Us
Auros is deeply committed to advancing the cryptocurrency ecosystem by offering exceptional liquidity and market-making services. As a significant player in the market, we operate globally, accounting for a notable percentage of daily trading volumes worldwide and have established connections with numerous venues.
What truly distinguishes us is our organizational culture. We place immense value on hiring intelligent individuals and empowering them to perform at their best. Right from the start, you will experience a high level of autonomy and support to excel. Our intense focus on achieving results propels us to constantly push boundaries and attain outstanding outcomes, while simultaneously creating abundant avenues for personal and professional development in the ever-evolving digital assets sector.
Qualifications Sought
This represents a compelling opportunity for individuals with experience in High-Frequency Trading in traditional financial markets to transition to the global cryptocurrency domain. This move opens up new strategies within a blossoming asset class. The cryptocurrency sphere introduces an additional layer of complexity, posing intriguing technical challenges that necessitate innovative solutions across Market Making, OTC, Ventures, and Arbitrage strategies.
Within our organization's flat hierarchy, you will collaborate closely with senior team members and engage directly with the founders on a daily basis. We emphasize performance and results - individuals who thrive in these aspects will receive top-tier compensation.
The role of Head of Arbitrage involves overseeing all trading activities within the Arbitrage book, leading a team of traders, and ensuring the implementation of strategies aligned with the company's goals. This position demands robust leadership abilities, a deep comprehension of financial markets, and the capability to cultivate a collaborative, high-achieving culture.
Responsibilities
- Directly manage a major trading book during Asian hours, addressing operational and trading issues in real-time
- Lead, mentor, and develop a team of 6-8 traders, overseeing the entire Arbitrage desk, including risk management and optimization of trading performance
- Continually seek additional edges through thorough analysis of trading and market trends
- Collaborate closely with global trading and middle office teams to ensure accurate trade booking and reconciliation between front and back office systems
- Interface with key exchange counterparts on margin requirements, coin borrows, trade discrepancies, technical matters, and market making needs
- Drive enhancements to existing trading strategies while researching, developing, and implementing new strategies
- Generate ideas, formulate strategies, conduct back-testing, and implement improvements
- Address complex pricing issues related to cryptocurrency derivatives
- Design models and tools for automating daily tasks
- Devise and utilize proprietary back-testing and simulation tools
- Evaluate cryptocurrency market products, organizing and analyzing solutions to match various trading requirements
Requirements
- Seeking skilled traders with a background in high-frequency trading and strong quantitative skills focusing on probabilities and expected value
- Experience in designing, developing, testing, and coding trading strategies
- Managerial experience overseeing a team of traders in a dynamic setting
- Comfortable assisting in the design, development, and enhancement of complex risk management systems
- Proficiency in Python, C++, or other relevant coding languages
- Hold a Bachelor's Degree or higher in Math, Computer Science, Statistics, Quantitative Sciences, Engineering, or related fields
Rewards
- Opportunity to be a part of the cutting-edge digital asset industry
- Remote work with flexible arrangements
- Autonomy and a flat organizational structure allowing you to contribute ideas effectively from day one, shaping the foundation crucial for our future growth.
Join Auros, where qualities like agility, a drive for success, taking ownership, and collaboration are highly valued as we work together to influence the future of financial services across Asia and beyond.