Let’s get started
By clicking ‘Next’, I agree to the Terms of Service
and Privacy Policy
Jobs / Job page
Jr. Trader APAC - OTC Spot Desk image - Rise Careers
Job details

Jr. Trader APAC - OTC Spot Desk

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.

What makes us different?

Kraken is a mission-focused company rooted in crypto values. As a Krakenite, you’ll join us on our mission to accelerate the global adoption of crypto, so that 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 ProKraken NFT, and Kraken Futures.

Become a Krakenite and build the future of crypto!

Proof of work

The team

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 established ourselves as a dominant OTC desk for spot trading, built an options desk to service institutional clients, and recently launched structured products. Now, we’re on the hunt for a new Junior Trader who is curious and passionate about advancing the mainstream adoption of cryptocurrency and the technology behind it. That’s where you come in!

As the Jr Trader, you’ll primarily work with our OTC spot team to interface with clients and handle the operational aspects of settlement. You’ll also gain exposure to the borrowing and lending desks, assisting with those operations as needed.

Reporting to a Director, this individual contributor role offers a fantastic opportunity for a driven and eager learner to shape the future of crypto from a leading position at a top-tier brand.

The opportunity

  • 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 to 3 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.

  • Believe wholeheartedly in the crypto, cypherpunk, libertarian values of Kraken described in our Tentaclements document.

  • Degree in Finance, Economics, Mathematics, Physics or related degree

  • This is a remote position based in the APAC region. You must be willing to work APAC hours and weekends as needed.

#LI-DM1 #LI-Remote #APAC #APACB

This job is accepting ongoing applications and there is no application deadline.

Please note, applicants are permitted to redact or remove information on their resume that identifies age, date of birth, or dates of attendance at or graduation from an educational institution.

We consider qualified applicants with criminal histories for employment on our team, assessing candidates in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance.

Kraken is powered by people from around the world and we celebrate all Krakenites for their diverse talents, backgrounds, contributions and unique perspectives. We hire strictly based on merit, meaning we seek out the candidates with the right abilities, knowledge, and skills considered the most suitable for the job. We encourage you to apply for roles where you don't fully meet the listed requirements, especially if you're passionate or knowledgable about crypto!

As an equal opportunity employer, we don’t tolerate discrimination or harassment of any kind. Whether that’s based on race, ethnicity, age, gender identity, citizenship, religion, sexual orientation, disability, pregnancy, veteran status or any other protected characteristic as outlined by federal, state or local laws. 

Stay in the know

Follow us on Twitter

Learn on the Kraken Blog

Connect on LinkedIn

Kraken Glassdoor Company Review
4.5 Glassdoor star iconGlassdoor star iconGlassdoor star iconGlassdoor star icon Glassdoor star icon
Kraken DE&I Review
No rating Glassdoor star iconGlassdoor star iconGlassdoor star iconGlassdoor star iconGlassdoor star icon
CEO of Kraken
Kraken CEO photo
Unknown name
Approve of CEO
What You Should Know About Jr. Trader APAC - OTC Spot Desk, Kraken

If you’re ready to dive into the exciting world of cryptocurrency, then the Jr. Trader position at Kraken's OTC Spot Desk might just be the perfect fit for you! As part of a company that's all about advancing crypto adoption globally, you'll join a dynamic team that operates 24/7, offering a unique, white-glove service to clients. In this role, you will manage the complete lifecycle of cryptocurrency and FX trades while engaging with clients and ensuring seamless settlement of transactions. Got a passion for the crypto market? You'll have the chance to document OTC trades, execute orders, and even identify new trading opportunities! Plus, with Kraken being a fully remote company, you’ll get to collaborate with talented individuals from over 70 countries, gaining insights and knowledge that can elevate your trading expertise. Your day-to-day will involve close interaction with institutional clients and your colleagues while you stay updated on the latest trends in crypto and trading strategies. This role isn’t just about trading; it’s about being part of a movement that’s reshaping how we view and use currency. If you’re eager to learn, curious about new technologies, and thrive in a collaborative environment, becoming a Krakenite could be your next big adventure in crypto! Let’s build the future of finance together!

Frequently Asked Questions (FAQs) for Jr. Trader APAC - OTC Spot Desk Role at Kraken
What are the primary responsibilities of the Jr. Trader at Kraken?

As a Jr. Trader at Kraken, your primary responsibilities include managing the full lifecycle of cryptocurrency and FX trades, documenting OTC trades, executing orders, and connecting with clients to facilitate transactions. You'll also handle settlement operations and support the OTC trading flow for both new and existing counterparties.

Join Rise to see the full answer
What qualifications are required for the Jr. Trader position at Kraken?

To be a Jr. Trader at Kraken, you need 1 to 3 years of experience in OTC or electronic trading in the financial services or crypto space. A degree in Finance, Economics, Mathematics, Physics, or a related field is also essential. You should have a strong understanding of electronic trading systems and be passionate about cryptocurrency trends.

Join Rise to see the full answer
What skills are important for a successful Jr. Trader at Kraken?

Key skills for a successful Jr. Trader at Kraken include strong product knowledge, experience in trade execution, and a collaborative mindset. The ability to build relationships with institutional clients and a commitment to the values of crypto and decentralization are also crucial to thrive in this role.

Join Rise to see the full answer
What does the work culture look like for a Jr. Trader at Kraken?

Kraken fosters a dynamic work culture centered on innovation and inclusivity, with employees called Krakenites collaborating from over 70 countries. As a Jr. Trader, you'll engage in an environment that values learning, diversity, and the shared mission of promoting financial freedom through crypto.

Join Rise to see the full answer
Is the Jr. Trader role at Kraken remote?

Yes! The Jr. Trader position at Kraken is fully remote, allowing you to work from any location while being part of a global team. However, you should be prepared to work APAC hours and weekends as needed to align with market demands.

Join Rise to see the full answer
Common Interview Questions for Jr. Trader APAC - OTC Spot Desk
Can you explain your experience with OTC or electronic trading?

To answer this question effectively, detail your previous roles related to OTC or electronic trading by mentioning specific platforms you've used and the types of trades you've executed. Highlight any successful trades or learned lessons that showcase your experience and adaptability in the crypto space.

Join Rise to see the full answer
What strategies do you use for risk management in trading?

Clearly discuss the various risk management strategies you're familiar with, such as setting stop-loss orders, diversifying your portfolio, and using technical analysis. Share examples of how you've implemented these strategies in past trades and their outcomes.

Join Rise to see the full answer
How do you stay updated with crypto market trends?

Describe the resources you use to stay informed about market trends, such as following industry news, engaging with crypto communities on social media, or using analytical tools. Providing specific examples of recent trends you've learned about and their impacts can demonstrate your engagement in the field.

Join Rise to see the full answer
What attracts you to work at Kraken specifically?

Express your alignment with Kraken’s mission and values. Be sure to highlight how Kraken’s commitment to innovation, client service, and global reach resonate with your professional aspirations and personal beliefs about cryptocurrency.

Join Rise to see the full answer
How would you manage multiple trading orders from clients?

Discuss your approach to prioritizing and managing tasks efficiently. Highlight any project management skills you possess, such as using task lists or trading software, and provide examples of how you've handled workload fluctuations in previous positions.

Join Rise to see the full answer
What do you think are the key elements of excellent client service in trading?

Focus on the importance of communication, transparency, and responsiveness. Share examples from your past experiences where you went above and beyond to ensure client satisfaction and how it builds trust and long-term relationships.

Join Rise to see the full answer
Describe a challenging trading situation you faced and how you handled it.

Choose a specific instance where you encountered a trading challenge, and outline the steps you took to resolve it. Emphasize decision-making under pressure and any skills leveraged, demonstrating your ability to learn and adapt.

Join Rise to see the full answer
What role do you think collaboration plays in a trading team?

Discuss how collaboration enhances decision-making and creates a more efficient trading environment. Mention experiences where teamwork led to successful outcomes or valuable learning moments in your previous roles.

Join Rise to see the full answer
How do you approach the documentation of trades?

Explain your systematic approach to documenting trades, including software or methods used. Emphasize accuracy and the importance of maintaining detailed records for compliance and analysis, ensuring it’s a part of your trading routine.

Join Rise to see the full answer
Can you share your understanding of cryptocurrency settlement processes?

Outline your knowledge of settlement processes, covering both fiat and crypto settlements. Explain the importance of precision and timeliness in these processes and any relevant experiences you've had working in a settlement role.

Join Rise to see the full answer
Similar Jobs
Photo of the Rise User
Posted 13 days ago
Photo of the Rise User
Posted 13 days ago
Photo of the Rise User
Paid Holidays
Photo of the Rise User
Posted 8 days ago
Photo of the Rise User
Medical Insurance
Dental Insurance
Vision Insurance
Mental Health Resources
Equity
401K Matching
Photo of the Rise User
Posted 2 days ago
MATCH
Calculating your matching score...
FUNDING
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
January 10, 2025

Subscribe to Rise newsletter

Risa star 🔮 Hi, I'm Risa! Your AI
Career Copilot
Want to see a list of jobs tailored to
you, just ask me below!