Derivatives Trader, NYC
BitGo
- Location
- New York, United States
- Work model
- On-Site
- Level
- Senior
- Salary
- $175k – $215k/yr
- H-1B history
- 1 approvals (FY2023)
- Posted
- 2h ago
Skills
About this role
BitGo is the leading infrastructure provider of digital asset solutions, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have focused on enabling our clients to securely navigate the digital asset space. With a global presence and multiple Trust companies, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, and millions of retail investors worldwide. As the operational backbone of the digital economy, BitGo handles a significant portion of Bitcoin network transactions and is the largest independent digital asset custodian, and staking provider, in the world. For more information, visit www.bitgo.com.
We are seeking an experienced and highly accomplished Senior Derivatives Trader to join our growing trading organization in New York City. This role will play a critical role in building and scaling BitGo's institutional derivatives trading capabilities and will be responsible for developing and executing sophisticated trading strategies across digital asset markets, managing significant risk exposures, and identifying opportunities to generate attractive risk-adjusted returns.
The ideal candidate will bring 8+ years of professional derivatives trading experience, a proven track record of trading and risk management across complex market environments, and a deep understanding of derivatives markets and market structure. You will serve as a senior member of the trading organization, partnering closely with leadership, sales, risk, product, engineering, operations, and compliance to shape BitGo's trading strategy and capabilities.
This is an opportunity for a seasoned trading professional to have significant impact at the intersection of traditional financial markets and digital assets, helping build an institutional-grade derivatives trading platform within one of the industry's leading digital asset infrastructure companies.
Trading & Execution
• Lead the execution and management of sophisticated derivatives trading strategies across digital asset markets, including futures, perpetuals, options, and structured products.
• Identify, evaluate, and capitalize on trading opportunities across global digital asset markets.
• Manage significant trading positions and exposures while maintaining disciplined adherence to established risk parameters.
• Develop and implement strategies designed to generate attractive risk-adjusted returns across varying market conditions.
• Apply deep market experience and judgment to optimize execution, pricing, liquidity, and position management.
• Serve as a senior trading resource and provide mentorship and guidance to other members of the trading organization.
• Partner with senior leadership to establish trading priorities, strategies, and objectives as the business scales.
Market Analysis & Strategy
• Develop sophisticated views on digital asset markets, derivatives curves, volatility surfaces, funding rates, basis, liquidity, and market structure.
• Identify and evaluate relative value, arbitrage, basis, volatility, and other complex trading opportunities.
• Develop and refine trading strategies based on market conditions, quantitative analysis, fundamental research, and market intelligence.
• Assess macroeconomic, regulatory, competitive, and industry developments and their potential impact on digital asset markets.
• Help define and evolve BitGo's overall