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Coins.ph is the most established crypto brand in the Philippines with over 18 million users. The company is fully regulated by the Bangko Sentral ng Pilipinas (BSP) and holds both Virtual Currency and Electronic Money Issuer licenses—the first crypto-based company in Asia to achieve this dual regulatory status. As a global payments and digital asset exchange business, Coins is seeking a Head of Trading to own the FX strategy, market making strategy, and lead the Philippines OTC/FX trading team.
In this role, you will define and execute the FX trading strategy across payment corridors and currency pairs, with focus on PHP and emerging-market currencies. You will manage pricing, spreads, and execution quality for cross-border flows, sourcing liquidity from banks, LPs, and other counterparties. You will work closely with Treasury on hedging and exposure management to ensure trading and balance-sheet risk are managed together.
You will design, run, and continuously improve the market making strategy for exchange order books, including quoting, inventory management, spread and risk parameters. You will manage relationships and agreements with external market makers and liquidity providers, evaluating their performance and terms. Collaboration with Engineering and Product will be essential to develop and improve trading systems, pricing engines, algorithms, and connectivity.
As a people leader, you will build, lead, and develop the PH OTC/FX trading team, including hiring, performance management, and training. You will oversee OTC client pricing and execution for large-ticket fiat and crypto trades, and grow OTC volumes and client relationships in coordination with Sales and Business teams.
You will establish and enforce trading risk frameworks including position limits, stop-loss, VaR, counterparty, and concentration limits. You will ensure trading activity complies with BSP requirements, internal policy, AML/KYC, and market conduct standards. You will produce regular reports on PnL, exposure, volumes, spread capture, and desk KPIs for senior leadership, and support audits and regulatory inquiries.
Cross-functional collaboration with Treasury, Finance, Compliance, Risk, Legal, and Engineering is critical to ensure trading operations are well-funded, compliant, and operationally sound. You will also support new market entries and product launches from a pricing, liquidity, and trading perspective.
REQUIREMENTS:
- Bachelor's degree in Finance, Economics, Mathematics, Engineering, or a related quantitative field
- 10+ years of trading experience in FX, digital assets, or market making, including 3+ years leading a trading team
- Proven track record of running profitable FX and/or market making strategies with disciplined risk management
- Deep understanding of FX markets, liquidity, pricing, and execution, preferably including emerging-market and PHP flows
- Hands-on experience with market making or liquidity provision, such as inventory and spread management and order book dynamics
- Experience in OTC trading and managing institutional or large-ticket clients (strongly preferred)
- Experience in a regulated payments, exchange, bank, or trading firm environment; crypto exposure preferred
- Strong quantitative and analytical skills; comfort working with data, pricing models, and trading systems
- Established relationships with banks, liquidity providers, market makers, and OTC counterparties
- Strong leadership, communication, and stakeholder management skills with ability to work in a fast-paced environment
- Familiarity with Philippine regulations (a plus)
