EXANTE logo
EXANTE

Global prime broker backed by proprietary technology and dedicated service.

Principal Trader

PrincipalGeneralFull TimeRemoteLeadTeam 501-1,000Since 2011H1B No SponsorCompany SiteLinkedIn

Location

Switzerland

Posted

16 days ago

Salary

0

Seniority

Lead

Bachelor Degree10 yrs expEnglish

Job Description

Principal Trader

EXANTE

• Build, run and develop EXANTE’s principal trading book across asset classes. • Provide liquidity against client flow, manage the resulting inventory and hedge residual exposure to generate P&L within the firm’s regulatory, best-execution and conflict-of-interest framework, with full P&L responsibility for the principal trading book. • Principal trading book — provide liquidity against client flow, internalise and aggregate exposures where commercially attractive, manage inventory and hedge residual market risk. • Trading strategies — market making, flow trading, relative-value and other legitimate strategies the candidate identifies, within Board-approved risk limits. • Counterparty and execution venues — identify, negotiate and onboard the exchanges, prime brokers and OTC counterparties needed for hedging and inventory management. • Risk management framework — in partnership with the Risk function, design, implement and operate the risk limits, monitoring and escalation framework for the book. • Stock Lending cooperation — coordinate securities inventory, financing and revenue with the existing Stock Lending team, avoiding disruption to that revenue line. • Desk cooperation — work with the Options Trading and Fixed Income & Structured Products desks to ensure complementary principal books and shared risk visibility. • Operations and platform — cooperate with Operations, Treasury and Technology on workflow, financing, settlement and platform tooling. • Conflict and best execution — manage conflicts of interest, best-execution arrangements and product-governance compliance across the relevant booking entities (MiFID II, FCA, SFC and equivalent regimes). • Team build-out — size, composition and sequencing at the hire’s discretion as the book grows, consistent with the approved business plan.

Job Requirements

  • 10–20 years’ experience in principal trading, flow trading, market making or running a multi-asset trading book at a sell-side firm, broker-dealer, prime broker or proprietary trading house, with documented P&L through different market regimes.
  • Multi-asset risk management — strong background across delta, gamma, vega, correlation, liquidity and counterparty risk.
  • Regulatory expertise — hands-on familiarity with the MiFID II Systematic Internaliser regime, best-execution obligations and conflict-of-interest management in a regulated broker-dealer environment is essential.
  • Securities financing — familiarity with securities financing and stock lending operations is a strong plus.
  • Cooperative profile — non-negotiable; the role only succeeds by working closely with the existing Stock Lending team and the new trading desks, and a track record of operating effectively across desks and functions is expected.
  • Fluent English — mandatory.
  • Commercial and disciplined — technical, comfortable with full accountability for a P&L.

Benefits

  • Competitive salary that reflects your experience and the value you bring.
  • Flexibility that fits your life — work from home, from our office, or a mix of both. You decide what works best.
  • Flexible benefits package — choose the options that suit your life, not a one-size-fits-all bundle.
  • A genuinely good place to work — an informal, collaborative culture where ideas are heard and bureaucracy stays out of your way.
  • Continuous learning — ongoing training, education programs, and the support to deepen your expertise in a fast-moving industry.
  • Connection beyond your desk — events that bring our teams together to network and celebrate.
  • Global exposure — work side by side with talented colleagues from all over the world, across a business serving clients in 100+ countries.

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