Digital Assets Trader, eFX & DA Trading chez Swissquote Bank SA
As a Digital Assets Trader you will join the growing eFX & DA Trading team, which serves the bank’s electronic trading business as principal counterparty in both OTC venues and CLOBs and as operator of SQX: Swissquote’s own cryptocurrency exchange. As a team we: contribute to the bank’s commercial goals by managing the electronic risk book (proprietary internalization system) provision SPOT liquidity such that clients’ execution needs and the bank’s policies and regulatory requirements are sustainably met develop and maintain a gainful network of trading counterparties ensure SQX serves as an attractive and compliant marketplace for clients and market-makers drive the bank’s ongoing investments in its proprietary trading and risk systems in collaboration with software engineers and IT shape the quantitative research initiatives relevant to our business scope assure excellent product quality and participate in its continuous improvement facilitate new business initiatives in collaboration with various internal teams We are committed to supporting your growth, helping you become a reliable and autonomous team member, strengthening the team’s capacity for its 24/7 crypto trading duties, and actively contributing to its success. Specifically: stay on top of our risk PnL and inventory and act according to procedures e.g. adjust system configuration qualify client flow, provision liquidity accordingly and be a reference point for clients, Sales and other internal teams assess sourced liquidity and act to optimize it e.g. proactively liaise with LPs, adjust systematic hedging configuration etc. operate SQX use internal tools and your own quantitative capabilities to deliver on reporting, draw data-driven conclusions and suggest actions ensure that systems perform as expected and consult IT and software engineers when necessary As you grow professionally, you will have the opportunity to make a significant impact on the business, as well as on the quantitative and tech projects, where our team acts as a key stakeholder. Qualifications Previous trading experience in a sell-side electronic trading firm/bank In-depth understanding of the relationship between risk inventory, liquidity, spreads, volatility, credit, volumes etc., the resulting economics by the interaction between liquidity providers and consumers and other relevant market microstructure aspects Knowledgeable about digital assets and genuinely interested Quantitative and coding skills applicable to high frequency financial data is a strong plus Demonstrated passion for automation Able to multi-task under pressure while maintaining focus on accuracy Available to deliver on time Self-driven, curious, structured, attention to detail, team-oriented Excellent communication skills and able to develop relationships with interdisciplinary people Fluent in English Degree in Finance or a STEM discipline from top ranked university