Head of Trading & Market Structure

Job not on LinkedIn

🔥 40 minutes ago

Apply Now

Find Similar Remote Jobs

Set Up Email Alert For New Jobs

📊 Check your resume score for this job

Improve your chances of getting an interview by checking your resume score before you apply.

Upload Resume

decircle

WebsiteLinkedInAll Job Openings

1 - 10 employees

Founded 2019

📣 Marketing

📦 Logistics

💼 Consulting

Marketing • Logistics • Consulting

Decircle is a talent partner specializing in staffing and recruiting for decentralized organizations and projects related to Web3. As a boutique recruitment agency, Decircle focuses on identifying and attracting talent in the blockchain and Web3 sectors, fostering connections within the community of decentralization enthusiasts and guiding them in finding their roles in the evolving decentralized landscape.

📋 Description

• Own the basis book: define trade selection, sizing, guardrails, and maintain near-zero net delta. • Choose the best hedges (dated futures vs perps vs forwards), and manage term structure, rolls, and funding-rate regimes with clear attribution. • Execute across venues (CME, regulated venues, major CEX/DEX), managing routing, slippage control, and incident playbooks. • Optimize collateral & financing across USD, stablecoins, and liquid RWAs (e.g., T-bill wrappers), balancing yield, haircuts, and liquidity. • Define strategy parameters and risk inputs for delta-neutral vaults on decentralized infrastructure, turning internal strategies into on-chain products with defined risk/return profiles. • Work with engineering to specify vault logic, allocation rules, rebalancing cadence, fee structures, and risk limits; ensure robust implementations. • Monitor vault health end-to-end: TVL, utilization, yield vs targets, model deviations, and interactions between on-chain and off-chain hedging. • Establish and maintain controls: real-time delta tracking, margin buffers, kill switches, circuit breakers, and alerting for 24/7 markets. • Quantify performance: daily PnL (carry/funding, costs, slippage), stress tests, capacity analysis, and vault-level risk reporting. • Coordinate with engineering, risk, operations, legal/compliance, custody/prime partners, and vault infrastructure partners; maintain documented runbooks and audit-ready processes. • Continuously refine execution models, collateral routing, data-driven sizing, and vault designs to improve net capture after frictions and fees.

🎯 Requirements

• Proven derivatives PM/trader with 3–5+ years running cash & carry / basis / funding capture in crypto or a related role in TradFi. • Demonstrated PnL attribution for a delta-neutral book and a clear risk framework with limits, scenarios, drawdown controls. • Crypto market-microstructure fluency: perps funding mechanics, futures rolls, cross-venue liquidity, margin models, ADL/clawback risks, and exchange operational quirks. • Execution + data tooling: hands-on Python for analysis and automation; comfort with exchange APIs/WebSockets/FIX; building dashboards/alerts. • Operational discipline: reconciliations, NAV/PnL checks, custody/wallet operations, counterparty underwriting, incident management, and documentation. • Communication & leadership: crisp writing, structured thinking, and the ability to drive decisions across risk, engineering, and operations. • Comfort operating at the intersection of CeFi and DeFi, routing capital between centralized venues and on-chain vaults, understanding risk and operational implications of both.

🏖️ Benefits

• An opportunity to push the frontier of on-chain capital markets with institutional partners and to scale delta-neutral strategies to >$1bn in managed assets. • Competitive compensation including salary, equity, token, and carry. • High-ownership environment with direct impact on product roadmap and commercialization. • Remote-first culture with bases in NYC, Miami, and Central Europe and opportunities for travel to team events and conferences. • A culture that blends rigorous risk management with fast, thoughtful execution.