Head of Trading & Market Structure
Institutional-grade DeFi credit infrastructure protocol that deploys stablecoin liquidity into diversified onchain and offchain credit strategies.
Projects
About Grove Protocol
Grove is an onchain credit layer and Sky Prime Agent that routes stablecoin capital through non-custodial, vault-based infrastructure into diversified institutional credit opportunities across multiple chains. Its current product family includes Grove Allocator, Grove Basin, and Grove Financing; the protocol also operates Grove governance through the GROVE and stGROVE tokens.
Skills
About the Role
You will develop and operate trading activities supporting asset management, vault, and risk businesses. You will run market-neutral and delta-neutral strategies, manage execution and collateral, establish risk controls, monitor vault performance, and work with engineering and operational partners on trading infrastructure and processes.
Requirements
- Have 3–5+ years of experience running cash-and-carry, basis, or funding-capture strategies in crypto or related TradFi relative-value markets
- Demonstrate PnL attribution for a delta-neutral book and a clear risk framework
- Understand crypto market microstructure, perpetual funding, futures rolls, liquidity, margin models, ADL, clawbacks, and exchange operations
- Use Python for analysis and automation
- Be comfortable with exchange APIs, websockets, FIX, dashboards, and 24/7 monitoring alerts
- Have experience with reconciliations, NAV and PnL checks, custody and wallet operations, counterparty underwriting, incident management, and documentation
- Demonstrate communication and leadership across risk, engineering, and operations
- Understand capital routing between centralized venues and onchain vaults
Responsibilities
- Own the basis book, including trade selection, sizing, guardrails, and delta management
- Choose hedges and manage rolls, term structure, funding-rate regimes, and attribution
- Execute trades across centralized and decentralized venues
- Optimize collateral and financing across USD, stablecoins, and liquid RWAs
- Define strategy parameters and risk inputs for delta-neutral vaults
- Specify vault logic, allocation rules, rebalancing, fees, and risk limits with engineering
- Monitor vault utilization, yield, model deviations, and hedging interactions
- Establish delta, margin, liquidation, kill-switch, circuit-breaker, and alerting controls
- Produce PnL attribution, stress tests, capacity analysis, and vault performance reporting
- Coordinate with engineering, risk, operations, legal, custody, prime, and vault partners
- Maintain runbooks and audit-ready processes
- Refine execution models, collateral routing, sizing, and vault design
Benefits
- Equity
- Token compensation
- Carry compensation
- Opportunities to travel to team events and conferences