OTC Sales Trader - APAC at Binance

Taipei, Taiwan

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Cryptocurrency, Blockchain, Financial ServicesIndustries

Requirements

Strong education background, preferably Masters, from fields of finance, engineering, or mathematics
5+ years of working experience as an OTC Sales Trader in the financial/crypto industry
Good understanding of the OTC trade lifecycle, OTC pricing and execution methods, settlements, and the different roles of exchanges, liquidity providers, prime brokers, etc
Solid understanding of the financial markets, market microstructure, liquidity concepts, and risk exposure mitigation
Excellent analytical skills, self-motivated, highly independent, and takes initiative
Excellent communication skills, and comfortable to communicate with a global team across different geographies and functions
Experience working with electronic OTC flows and structured products is a plus
Ability to work with Python and SQL is a plus
Experience/interest in the crypto/DeFi industry is a plus

Responsibilities

Manage the full OTC trade lifecycle for institutional clients by providing price quotations and trade executions, and conducting internal hedge requirements
Drive new volumes and provide market color to clients by understanding their trade and liquidity needs, and building trust through frequent communications
Work closely with the VIP sales team to identify new clients and business opportunities
Monitor electronic OTC flow of spot and derivatives products, and calibrate risk metrics
Perform trade execution on DeFi and decentralized platforms when needed
Support ad-hoc tasks related to trade investigations, risk management, post trade analysis, and algorithm performance analysis
Work with the trade operations, developers, and quants to improve middle-office operations, booking and reporting logic, and internal pricing and execution strategies

Skills

Key technologies and capabilities for this role

OTC TradingDerivatives TradingSpot TradingTrade ExecutionRisk ManagementHedge ManagementDeFi ExecutionClient OutreachMarket AnalysisQuantitative AnalysisAlgorithm AnalysisAPI Liquidity

Questions & Answers

Common questions about this position

What experience is required for the OTC Sales Trader role?

Candidates need 5+ years of working experience as an OTC Sales Trader in the financial/crypto industry, along with a strong education background, preferably a Masters in finance, engineering, or mathematics.

What key skills are needed for this position?

A good understanding of the OTC trade lifecycle, OTC pricing and execution methods, financial markets, market microstructure, liquidity concepts, and risk exposure mitigation is required, plus excellent analytical and communication skills.

What is the company culture like at Binance?

Binance offers a user-centric global organization with a flat structure, where you collaborate with world-class talent, tackle unique fast-paced projects with autonomy, and shape the future in the leading blockchain ecosystem.

Is this OTC Sales Trader position remote?

This information is not specified in the job description.

What makes a strong candidate for this OTC Sales Trader role?

Strong candidates will have 5+ years as an OTC Sales Trader, deep knowledge of OTC trade lifecycles and financial markets, excellent analytical and communication skills, and plus experience with electronic OTC flows, Python/SQL, or crypto/DeFi.

Binance

Cryptocurrency exchange for trading and earning

About Binance

Binance is a cryptocurrency exchange platform where users can buy, sell, and trade a variety of cryptocurrencies, including Bitcoin and Ethereum. It offers multiple trading options such as Spot, Margin, and Futures markets, along with a peer-to-peer service for direct transactions. Users can also earn interest on their crypto holdings through Binance Earn and trade NFTs in its marketplace. Binance stands out as the largest crypto exchange by trade volume, aiming to provide comprehensive services for both new and experienced traders.

Valletta, MaltaHeadquarters

2017Year Founded

$9.7MTotal Funding

SERIES_ACompany Stage

Crypto & Web3, Financial ServicesIndustries

5,001-10,000Employees

Benefits

Competitive salary

Option to be paid in crypto

Health insurance

Flexible working hours

Remote work for many roles

Company sponsored holidays

Learning and development programs

Free language classes

Relocation support

International transfers mid-career

Risks

Regulatory scrutiny in the U.S. could impact Binance's operations and reputation.

Allegations of internal misconduct may lead to legal complications for Binance.

Expansion into new markets like Brazil poses integration and compliance challenges.

Differentiation

Binance offers a comprehensive range of crypto services, including trading and NFTs.

It is the largest crypto exchange by trade volume, serving over 166 million users.

Binance provides unique products like Binance Earn and a Launchpad for new tokens.

Upsides

Binance benefits from the growing popularity of crypto staking and yield farming.

Increased interest in Layer 2 solutions could boost Binance's trading volume.

Stablecoin adoption for cross-border transactions may increase Binance's trading volumes.

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