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EXANTE
EXANTE

Principal Trader

RemotePoland only
Published
Experience
Lead
Company size
Mid-size
Salary not disclosed
Check eligibility

Open to PL only. Set where you work from to check your eligibility.

No BS summary

Principal Trader with 10-20 years of experience in multi-asset principal trading, flow trading, or market making. Must have strong multi-asset risk management skills and hands-on familiarity with MiFID II SI regime, best execution, and conflict of interest management. Fluent English is mandatory. The role involves building and managing a principal trading book, providing liquidity, and generating P&L.

Core skills

principal tradingmarket makingmulti-asset risk management

Required skills

MiFID II Systematic Internaliser regimebest-execution obligationsconflict-of-interest management

Optional skills

securities financingstock lending operations

Required languages

English

What you'll do

  • 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.
  • Provide liquidity against client flow, internalise and aggregate exposures where commercially attractive, manage inventory and hedge residual market risk.
  • Market making, flow trading, relative-value and other legitimate strategies the candidate identifies, within Board-approved risk limits.
  • Identify, negotiate and onboard the exchanges, prime brokers and OTC counterparties needed for hedging and inventory management.
  • In partnership with the Risk function, design, implement and operate the risk limits, monitoring and escalation framework for the book.
  • Coordinate securities inventory, financing and revenue with the existing Stock Lending team, avoiding disruption to that revenue line.
  • Work with the Options Trading and Fixed Income & Structured Products desks to ensure complementary principal books and shared risk visibility.
  • Cooperate with Operations, Treasury and Technology on workflow, financing, settlement and platform tooling.
  • Manage conflicts of interest, best-execution arrangements and product-governance compliance across the relevant booking entities (MiFID II, FCA, SFC and equivalent regimes).
  • Size, composition and sequencing at the hire’s discretion as the book grows, consistent with the approved business plan.

What they require

  • 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.
  • Strong background across delta, gamma, vega, correlation, liquidity and counterparty risk.
  • 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.
  • Familiarity with securities financing and stock lending operations is a strong plus.
  • 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.
  • 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.
Financial ServicesMid-sizeexante.eu
Salary not disclosed