OTC Trader

About Kraken: Building the Future of Crypto

Our Krakenites are a world-class team with crypto conviction, united by our desire to discover and unlock the potential of crypto and blockchain technology. Kraken is a mission-focused company rooted in crypto values, dedicated to accelerating the global adoption of crypto so everyone can achieve financial freedom and inclusion. For over a decade, Kraken's focus on our mission and crypto ethos has attracted many of the most talented crypto experts in the world.

Before you apply, please read the Kraken Culture page to learn more about our internal culture, values, and mission. We also expect candidates to familiarize themselves with the Kraken app. Learn how to create a Kraken account here.

As a fully remote company, we have Krakenites in 70+ countries who speak over 50 languages. Krakenites are industry pioneers who develop premium crypto products for experienced traders, institutions, and newcomers to the space. Kraken is committed to industry-leading security, crypto education, and world-class client support through our products like Kraken Pro, Desktop, Wallet, and Kraken Futures.

Become a Krakenite and build the future of crypto!

The OTC Team at Kraken

Kraken’s OTC desk is a market leader in one of the most innovative and fast-growing industries in the world. Renowned for our white-glove service, we provide market-making to clients globally, 24/7. Offering deep liquidity for tighter spreads, we deliver a private and personalized service for institutional clients and high-net-worth individuals executing large orders. Our OTC desk ensures discreet, secure, and ultra-competitive execution and settlement services.

We’ve built a dominant OTC spot desk, expanded into options, and recently launched structured products, and now we’re looking for a new OTC Trader to help drive the next phase of growth.

The Opportunity for an OTC Trader

In this role, you’ll work with our OTC spot team to interface with clients, manage settlements, and gain exposure to our borrowing and lending operations. Reporting to a Director, this is a great opportunity for a motivated, curious trader to help shape the future of crypto with a leading global brand.

• Manage the full lifecycle of cryptocurrency and FX trades.
• Handle OTC trading flow for both new and existing counterparties.
• Document OTC trades, execute orders, hedge risk, and reconcile positions and P&L.
• Settle fiat and crypto positions and perform essential ad-hoc tasks.
• Rebalance crypto and FX exposure across various trading venues.
• Engage with clients and connect them to the OTC desk.
• Identify and capture trading opportunities; execute trades within defined parameters.
• Collaborate with internal teams (operations, accounting, settlement) to ensure accurate settlement of transactions.
• Work with Kraken traders and cryptocurrency researchers to enhance market knowledge and expertise.

Skills You Should HODL

• 1-5 years of experience in OTC or electronic trading within the financial services and/or crypto space, with strong product knowledge.
• A passion for the crypto world—you’re familiar with the latest trends, exciting coins, and have a strong learning attitude toward new industry developments.
• Experience in trade execution, strong understanding of electronic trading systems, covering front-to-back processes.
• A collaborative and learning mindset—you’re eager to learn from your peers and thrive in a team environment.
• Demonstrated ability to build and maintain relationships with institutional clients.
• Degree in Finance, Economics, Mathematics, Physics or related degree.

Key skills/competency

• Cryptocurrency Trading
• OTC Trading
• Market Making
• Risk Hedging
• Trade Execution
• Institutional Client Relationships
• Financial Services
• Electronic Trading Systems
• FX Trading
• P&L Reconciliation