OTC Trader
"About The Role"
About This Role
Anchorage Digital operates the most advanced institutional platform for digital assets—spanning custody, staking, governance, settlement, and trading—all built on a foundation of best-in-class security. As home to the first federally chartered crypto bank in the U.S., we serve a global institutional client base through entities in the U.S., Singapore, and Portugal, backed by investors like Andreessen Horowitz, Goldman Sachs, and Visa. Join our Trading Solutions team as an OTC Trader and help power the next phase of growth for our trading business. This is a chance to work at the intersection of decentralized finance, market-making, and institutional-grade crypto infrastructure—directly influencing how we serve some of the most sophisticated players in web3.
What You'll Be Doing
Execute hedges against client order flow across spot and derivative crypto markets, ensuring precision and speed
Manage real-time risk exposure within firm-defined limits across volatile digital asset markets
Deliver exceptional, responsive service to institutional clients navigating blockchain and DeFi markets
Partner with engineering and product teams to shape trading tools, APIs, and automation that scale our OTC desk
Monitor market microstructure and liquidity conditions across centralized and decentralized trading venues
Provide front-line insights to prioritize technology investments that strengthen our trading infrastructure
What We're Looking For
Proven experience trading crypto, FX, or other fast-moving electronic markets
Strong understanding of digital asset market structure, including spot, derivatives, and OTC liquidity dynamics
Comfort operating under pressure with sharp attention to detail and risk discipline
Clear, confident communicator capable of building trust with institutional counterparties
Analytical mindset with the ability to translate trading experience into product and tooling feedback
Self-starter energy suited to a high-growth, fast-scaling crypto trading environment
Bonus Points
Familiarity with smart contracts, DeFi protocols, or on-chain settlement mechanics
Experience building or using trading tools, pricing engines, or execution algorithms
Background in crypto-native market making or institutional digital asset desks
Exposure to staking, governance, or custody workflows within blockchain ecosystems
Why Join Us
Competitive compensation with meaningful upside tied to company growth
A collaborative, security-first culture that values craftsmanship and ownership
Direct impact on the infrastructure powering institutional adoption of blockchain and crypto
Continuous learning through our Factors of Growth & Impact framework, designed to accelerate your development as a trader and technologist
Requirements
Technical Skills: Ability to expertly handle complex trades with a mindset of continuous optimization. Every basis point of execution is significant and should be measured and understood, with the goal of increasing the trading desk’s revenue while abiding by risk management guardrails. Deep crypto market microstructure expertise with ability to identify profitable price gaps while protecting our assets from market volatility and aggressive automated traders, staying one step ahead of market trends. Demonstrates expert knowledge of both electronic and voice trading, influencing technology improvements inspired by the more mature Traditional Finance market structure. Strong client-facing abilities, instilling confidence through excellent white glove service; influencing clients to increase Anchorage’s share of wallet. Traders on the desk use Python to automate manual tasks until the Engineering or Data Science teams deploy more robust solutioning. While Python expertise is not a requirement, you should be comfortable using Python code as needed, and over time develop proficiency in modifying existing code to fit the evolving needs of the desk. Complexity and Impact of Work: Perform principal trading exposure management infrastructure and processes. This includes building and optimizing the trading desk’s pricing, risk models and governing controls. Contribute to efforts of increasing automation, so that traders can focus on only the most complicated trades, project work, or client engagement. Closely follow market narratives to contribute perspectives to internal research efforts, which may be used to increase engagement with trading clients. Help to inform new products and capabilities within the trading business to meet our clients’ overall needs While on coverage, be available to immediately respond to changing exposures, client questions and requests. This includes rotations on weekends and off-hours. Organizational Knowledge: Is keenly aware of how Trading fits within the firm’s broader strategy, both as a tool and a standalone business, to provide input to the technology roadmap and implementation. Understands upstream and downstream implications of process changes, proactively voicing ideas and concerns as the business scales. This includes understanding industry trends, regulatory guidelines, and best practices related to trading and settlements. Ensures that knowledge is shared among stakeholder teams and does not position themselves or others as a single point of failure. Communication and Influence: Stay up to date with the underlying themes driving market prices and liquidity to deepen client interactions and execution strategies. Champion the perspective of the Trading Solutions team during cross-department conversations and with existing clients. Act as a mentor for more junior members of the team, empowering the team to become experts in our current processes, while collaborating to implement enhancements to the trading desk You may be a fit for this role if you have: 5+ years experience as an OTC trader in the cryptocurrency space. Demonstrated ability to convert institutional prospects into trading clients. Although not a requirement, bonus points if: You’re proud of your crypto Twitter feed and ability to uncover narratives driving crypto markets and specific coins. You enjoy using memes as a method of communication. You were emotionally moved by the soundtrack to Hamilton, which chronicles the founding of a new financial system. :)
About Anchorage Digital
Anchorage Digital is at the forefront of the blockchain industry, providing secure and regulated institutional-grade solutions for digital assets. Our mission is to build the foundational infrastructure that enables traditional finance to safely and seamlessly integrate with the rapidly evolving world of digital currencies and decentralized technologies. We empower financial institutions and enterprises to unlock new opportunities and participate confidently in the digital asset economy, driving innovation and adoption across the sector. Our New York-based team fosters a culture of innovation, collaboration, and rigorous problem-solving. We believe in empowering our employees with autonomy and ownership, encouraging them to challenge the status quo and contribute to meaningful work that shapes the future of finance. We value intellectual curiosity, a commitment to security, and a collaborative spirit, creating an environment where diverse perspectives thrive and propel us forward. Joining Anchorage Digital means becoming part of a pioneering team that is defining an entirely new asset class. With 64 open positions, we offer unparalleled opportunities for professional growth in a dynamic and impact-driven environment. If you're passionate about blockchain technology, aspire to build transformative financial infrastructure, and want to contribute to a company that's making history, explore our careers page and help us secure the digital future.
Ready to Apply?
To submit your application for this position, please visit Anchorage Digital's official website and follow their application process.