Crypto Derivatives Trading Specialist

  • MultiBank Group
  • Dubai, UAE
  • 31/07/2024
Full time Blockchain Crypto Fintech Forex Trading

Job Description

Welcome to MultiBank Group; a global financial pioneer established in 2005 in California and now proudly headquartered in Dubai, UAE. We excel in providing cutting-edge trading technology, unparalleled liquidity, and exceptional customer service, offering an extensive range of financial products such as Forex, Metals, Shares, Indices, Commodities, and Cryptocurrency CFDs.

Join our thriving community of over 1 million clients across 90 countries, contributing to a daily trading volume exceeding US$ 12.1 billion. As a heavily regulated (11 financial regulators across 5 continents), award-winning, and reliable financial institution, MultiBank Group is devoted to innovation, excellence, and empowering our clients to achieve their financial goals.

Seize the opportunity to work with a rapidly growing, world-class team spanning more than 20 countries, driven by innovation, collaboration, and customer focus.

Role Overview:

The Crypto Derivatives Trading Specialist is responsible for managing and executing trading strategies within the crypto derivatives market. This role requires a deep understanding of cryptocurrency markets, derivatives instruments, and trading algorithms. The specialist will work closely with the trading team to identify opportunities, manage risks, and optimize trading performance.

Key Responsibilities:

Market Analysis:

  • Conduct thorough analysis of cryptocurrency markets and derivatives products.
  • Monitor market trends, news, and events that impact crypto derivatives.
  • Develop and maintain quantitative models to predict market movements.

Trading Strategy Development:

  • Design, implement, and optimize trading algorithms for crypto derivatives.
  • Backtest and refine strategies to ensure robustness and profitability.
  • Collaborate with the research team to integrate new data and insights into trading models.

Execution and Risk Management:

  • Execute trades efficiently and accurately, ensuring compliance with trading protocols.
  • Monitor positions, margins, and P&L to manage risk effectively.
  • Implement risk management strategies to mitigate potential losses.

Performance Monitoring and Reporting:

  • Analyze trading performance and generate regular reports for stakeholders.
  • Identify areas for improvement and implement corrective actions.
  • Maintain detailed records of trading activities and market conditions.

Collaboration and Communication:

  • Work closely with the technology team to enhance trading infrastructure.
  • Communicate effectively with team members, providing insights and updates on trading activities.
  • Participate in regular meetings and contribute to strategic discussions.

Qualifications:

Experience:

  • Minimum of 3 years of experience in crypto trading, with a focus on derivatives.
  • Proven track record of successful trading and strategy development.

Skills and Competencies:

  • Strong understanding of cryptocurrency markets and derivative products.
  • Experience with trading platforms and risk management tools.
  • Excellent analytical and quantitative skills.
  • Ability to work under pressure and make quick, informed decisions.

Other Requirements:

  • High level of integrity and professionalism.
  • Strong communication and teamwork skills.
  • Willingness to stay updated with market developments and technological advancements.