Execution Trader

As an Execution Trader within the Ethena trading team, you will contribute to a small group that manages the operations, trading and positioning of the backing assets of USDe. This includes the movement of collateral between custodians, operating an in-house automated execution platform, and communicating with key internal stakeholders. This role is one of high trust, demanding flexibility to respond to events in a 24/7 market place. You'll contribute to the management of USDe's backing assets, including spot digital assets, derivatives positions, as well as deployments in DeFi money markets. You'll execute trades efficiently using in house proprietary algorithms, adhering to strict risk parameters and market conditions. You'll also monitor real-time market risks (liquidity, volatility, counterparty) and adjust positions to minimise exposure and provide regular updates to the Head Trader on portfolio performance, trade outcomes, and market conditions.