Head of Trading & Market Making | Crypto

Role Overview

Trading Leadership & Strategy

• Lead and scale the crypto trading function across Spot, Derivatives, OTC, and Market Making.
• Define and execute the overall trading strategy in alignment with the company’s growth plans, platform roadmap, and commercial objectives.
• Take ownership of the trading desk’s performance, operating model, and long-term capability buildout.
• Develop a clear framework for how the business prices risk, sources liquidity, manages execution, and supports product growth.

Derivatives, OTC & Pricing

• Lead the design and launch of the derivatives trading capability from the ground up, including perpetual products, funding logic, hedging frameworks, and exposure management — this is a greenfield build requiring someone who has stood up a derivatives desk before.
• Lead the development of OTC pricing and execution frameworks, including liquidity sourcing, cross-venue hedging logic, and real-time pricing across crypto and fiat pairs.
• Ensure pricing, execution, and risk systems reflect actual market behaviour and support sustainable commercial performance.
• Improve the desk’s ability to manage complex market conditions, funding dynamics, and non-linear risk.

Market Making, Liquidity & Market Structure

• Design and oversee market-making strategies to optimise liquidity, spreads, order book depth, and execution efficiency.
• Define and execute liquidity strategy across exchanges and providers, improving access, reducing slippage, and enhancing execution quality.
• Shape market structure, execution workflows, and venue strategy to support client flow and platform growth.
• Develop frameworks to manage flow dynamics, adverse selection, and client behaviour effectively.
• Manage liquidity across CEX and DEX environments (including AMMs), optimising execution in both off-chain and on-chain markets.
• Oversee integration with custodial providers (e.g. Fireblocks), addressing latency, settlement, and operational coordination.
• Drive end-to-end latency optimisation across order routing, signing, and on-chain settlement.
• Maintain tight spreads and consistent market depth across venues, managing fragmented liquidity and multi-exchange listings.

Token Strategy & Exchange Engagement

• Lead token trading and liquidity strategy, including managing simultaneous listings across multiple Tier 1 CEXs, coordinating with exchange listing teams, meeting liquidity requirements, and managing launch windows and post-listing market support.
• Manage cross-exchange price consistency, arbitrage mitigation, and unified order book strategy to minimise price discrepancies and adverse arbitrage pressure when the token is live on multiple venues.
• Work closely with relevant stakeholders on exchange relationships, listing processes, and ongoing liquidity support across key venues.
• Ensure token and exchange strategy are underpinned by strong compliance awareness, including wash trading monitoring, market manipulation prevention, and adherence to exchange-specific listing rules and regulatory requirements.

Spot Platform & Exchange Infrastructure

• Oversee spot trading pair selection, curation, and lifecycle management on the MBIO platform, ensuring pairs are commercially viable and supported by adequate liquidity.
• Bring hands-on experience with
• matching engine architecture, order book design, and trade settlement workflows
• , working with technology teams to deliver best-in-class execution and liquidity on the platform.
• Optimise on-platform settlement processes and ensure seamless integration between the matching engine, custodial layer, and external liquidity sources.

Risk, Governance & Infrastructure

• Own risk management across trading books, liquidity operations, token-related exposure, and counterparty activity.
• Build robust controls around inventory, hedging, funding, execution, liquidity, and operational escalation.
• Partner with technology teams on execution tools, APIs, pricing systems, automation, and trading infrastructure.
• Ensure that trading activity operates within a strong governance and compliance framework suitable for a serious and growing platform.

Cross-functional Leadership

• Work closely with Product, Technology, Risk, Compliance, Operations, and senior management to align trading strategy with business objectives.
• Act as the senior internal owner for all matters related to trading logic, liquidity architecture, market structure, and execution design.
• Support decisions that sit across commercial strategy and trading reality, ensuring the platform is built in a way that is both scalable and market-relevant.

Reporting & Senior Management Communication

• Establish and maintain
• structured reporting frameworks
• covering trading performance, P&L, risk exposure, liquidity metrics, and market conditions, ensuring senior management has full visibility at all times.
• Deliver regular dashboards, commentary, and strategic updates to the executive team, translating complex trading dynamics into clear, actionable insights.
• Proactively escalate material risks, market events, or operational issues with clear recommendations and proposed action plans.

Team Building & Management

• Build, lead, and mentor a high-calibre trading team and supporting trading operations capability.
• Create a culture of accountability, speed, analytical rigour, and disciplined execution.
• Strengthen the function in a way that supports scale without compromising control, performance, or market edge.'

Candidate Profile

• 7+ years of experience in crypto trading, derivatives, OTC, liquidity management, or market making.
• Proven track record of building or leading a crypto trading function within a structured or institutional environment.
• Strong expertise in derivatives trading, including perpetuals, funding, hedging, pricing, and risk management.
• Solid experience in OTC execution, liquidity sourcing, market making, and cross-venue trading strategies.
• Deep understanding of market structure, liquidity dynamics, exchange microstructure, and client flow behaviour.
• Experience working with tier-1 crypto exchanges, liquidity providers, and token-related trading environments (including listings or post-launch support).
• Good command of quantitative or systematic trading concepts, with the ability to collaborate with technical teams.
• Hands-on experience with DEXs (e.g. Uniswap), custodial platforms (e.g. Fireblocks), and hybrid CEX/DEX environments, including latency and settlement considerations.
• Familiarity with trading infrastructure, including matching engines, order books, and execution systems.
• Proven ability to manage fragmented liquidity, cross-exchange pricing, and arbitrage dynamics.
• Strong leadership, judgment, and crisis management skills in high-pressure market conditions.