Proprietary Trading Business Development Lead

Okx
Sydney +1 more
On-site

Who this role is best for

Aimed at senior business development professionals who have existing relationships with proprietary trading firms and experience in digital asset markets.

Best fit for

  • Candidates with deep connections to high-frequency trading firms and proprietary trading groups.
    — “Existing relationships with market makers, proprietary trading firms”
  • Experienced sales professionals familiar with trading infrastructure and financial products.
    — “experience at a regulated exchange, broker, futures commission merchant”
  • Individuals who can independently own and grow a business line in Australia.
    — “own a business line in the Australian market”

Things to consider

  • Based in Australia, with a preference for Sydney-based candidates.
    — “Based in Australia, ideally Sydney”
  • Requires managing multi-stakeholder negotiations and complex sales cycles.
    — “Track record of managing multi-stakeholder commercial negotiations”

How to stand out

  • Highlight specific deals where you negotiated fee structures and rebates.
    — “Negotiating commercial terms with prospects, including fee tier structures”
  • Showcase experience with API or FIX-based trading integrations.
    — “Familiarity with API- or FIX-based trading relationships”
  • Demonstrate how you’ve grown existing accounts through upselling.
    — “Managing and growing existing accounts post-onboarding”
Pace · Fast PacedCollaboration · HighAutonomy · MediumDecision Impact · TeamLevel · Senior

Derived from job-description analysis by Serendipath's career intelligence engine.

What success looks like

  • building and owning OKX's HFT/proprietary trading relationships
  • developing a strategy to serve traders interested in digital asset products
  • managing the sales cycle end-to-end
Typical background
4+ years of experience in business development or salesexperience in industries relating to trading

Skills & requirements

Required

Business DevelopmentSalesMarket Maker RelationshipsProprietary Trading GroupsHigh Frequency TradersProduct FeedbackCommercial NegotiationsOnboardingTechnical IntegrationRepresenting Company At Industry Events

Preferred

Digital AssetsNovel Financial ProductsMarket MicrostructureMaker-taker Fee ModelsApi/fix-based Trading Relationships

Stack & domain

Business DevelopmentSalesDigital Asset ProductsHftProprietary TradingMarket MakersTrading InfrastructureCommercial NegotiationsApiFix ConnectivityKycLegal DocumentationLeadershipCommunicationNegotiationProblem-solvingTeamworkEntrepreneurial MindsetFinanceTradingDigital AssetsCryptocurrency

About the role

Original posting from Okx via Greenhouse

Who We Are

At OKX, we believe that the future will be reshaped by crypto, and ultimately contribute to every individual's freedom.

OKX is a leading crypto exchange, and the developer of OKX Wallet, giving millions access to crypto trading and decentralized crypto applications (dApps). OKX is also a trusted brand by hundreds of large institutions seeking access to crypto markets. We are safe and reliable, backed by our Proof of Reserves.

Across our multiple offices globally, we are united by our core principles: We Before Me, Do the Right Thing, and Get Things Done. These shared values drive our culture, shape our processes, and foster a friendly, rewarding, and diverse environment for every OK-er.

About the Opportunity

OKX offers deep liquidity, competitive tiered fee structures, and low-latency infrastructure across spot, perpetuals, and options, built for traders who need scale and speed

This is a strategic hire to build and own OKX's HFT/proprietary trading relationships in the Australian market

What You’ll Be Doing

Providing exposure to digital asset products to your network of traders (proprietary trading groups, high frequency traders, and others), and building this network with OKX's support and resources 

Developing a strategy to serve traders interested in exposure to digital asset products, including building a pipeline of prospects 

Managing the sales cycle for traders end-to-end, including working with OKX's: 

  • technical experts to answer product questions; and 
  • business leads to align on commercials for each deal. 

Taking product feedback from traders, then communicating this internally to support product improvements 

Negotiating commercial terms with prospects, including fee tier structures, rebates, and liquidity provision incentives

Coordinating onboarding of new accounts, including wholesale/sophisticated investor classification, KYC, and legal documentation, working closely with OKX's Compliance and Legal Teams

Supporting technical integration conversations (API/FIX connectivity, colocation where relevant) alongside OKX's technical team

Representing OKX at industry events, conferences, and trading community gatherings to build and maintain relationships

Managing and growing existing accounts post-onboarding, including upselling to higher fee tiers or additional products

What We Look For In You

Existing relationships with market makers, proprietary trading firms, or trading infrastructure providers 

At least 4 years of experience in business development or sales:

  • Ideally, in industries relating to trading (for example: derivatives, CFDs, FX, commodities - with direct client experience at trading firms, proprietary trading groups, commodity trading advisers) 
  • With experience at a regulated exchange, broker, futures commission merchant, order management system, data provider or similar 

Desire and capability to own a business line in the Australian market for a leading, global digital asset exchange

Interest in digital assets and novel financial products and infrastructure 

Understanding of market microstructure, maker-taker fee models, and how HFTs/proprietary trading groups evaluate exchange venues

Familiarity with API- or FIX-based trading relationships (technical fluency not required, but comfort discussing integration requirements)

Track record of managing multi-stakeholder commercial negotiations

Based in Australia, ideally Sydney 

Perks & Benefits

Competitive total compensation package

L&D programs and Education subsidy for employees' growth and development

Various team building programs and company events

Wellness and meal allowances

Comprehensive healthcare schemes for employees and dependants

More that we love to tell you along the process!

OKX Statement:

OKX is committed to equal employment opportunities regardless of race, color, genetic information, creed, religion, sex, sexual orientation, gender identity, lawful alien status, national origin, age, marital status, and non-job related physical or mental disability, or protected veteran status. Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

Notice:

All official OKX vacancies are published on this website. While roles may appear on selected third-party platforms from time to time, information on other sites may be inaccurate or outdated. If in doubt, please apply directly through our official careers website.

Information collected and processed as part of the recruitment process of any job application you choose to submit is subject to OKX's Candidate Privacy Notice.

Source: Okx careers (Greenhouse)

Similar roles