What are the responsibilities and job description for the Derivatives Trader, Digital Assets position at Grayscale Investments?
Grayscale is a crypto-focused asset manager. We have over a decade of operational experience managing crypto funds and pioneered the model of offering exposure to cryptocurrencies in the form of a security. We're proud of our crypto expertise and work closely with individual and institutional investors as they explore this asset class as part of their portfolio allocation.
Position Summary :
Grayscale Investments is seeking a Derivatives Trader, Digital Assets to join a growing investment team. This role will be responsible for trading crypto across a broad range of instruments and investment vehicles, with a focus on hedging Grayscale's digital asset exposure through the use of derivatives, including options, futures and forwards. Successful candidates will have experience as a corporate derivatives trader (front office) and / or operations (middle office) role, with a strong risk management mindset. The Derivatives Trader, Digital Assets will have a unique opportunity to play a strong role in shaping the framework of managing and trading Grayscale's corporate crypto exposure, products, and P&L.
Responsibilities :
- Monitor digital asset price risk and execute the monetization of Grayscale's management fees (corporate crypto exposure) and related trading strategies with options, forward / futures, and spot.
- Proactively contribute to overall systems / investment process enhancements, including the buildout of a new OMS / EMS technology solution.
- Further develop existing trading practices across strategies, tools, and systems utilized to manage risk.
- Execute cryptocurrency trades efficiently and consistently in a timely fashion in connection with the operations of Grayscale's products from inception of the trade through settlement.
- Collaborate with and support operations team members to track and post collateral / margin as needed.
- Operate trading systems, monitoring execution, and interacting with trading partners / counterparties.
- Communicate with other team members to inform risk and treasury management decisions.
- Work with colleagues in portfolio management, trading, operations, and engineering to improve trading operations and systems including automation.
- Contributing to pre- and post-trade analysis to inform the improvement of current strategies.
- Continuously educating yourself on the rapidly evolving cryptocurrency market to help drive the evolution of the trading function.
Prior Experience / Requirements :
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
