Key Skills

Job Description

Who we are One Trading is a leading European trading venue, authorised under both MiFID II and MiCAR, providing institutional and eligible retail clients with a regulated trading platform to trade crypto spot, crypto derivatives, and US equity derivatives, 24/7. Having launched the EU’s first regulated crypto perpetual futures in 2025, we are expanding our product offering into traditional financial markets, with an ambitious roadmap spanning additional asset classes, products, and strategic partnerships. The role This is a hands-on, fast-paced role responsible for managing market risk across our 24/7 spot and derivatives markets, overseeing trading controls, margin and liquidations, and market maker relationships. You will take ownership of maintaining orderly markets, including making decisions on trading halts and other market interventions where necessary. Working closely with Trading Operations, Engineering, Product, and Compliance, you will help ensure our markets operate safely, efficiently, and in accordance with regulatory requirements, while supporting the development and launch of new products. Essential Experience Market risk experience. At least 5 years of experience in a hands-on market risk role within a trading venue, exchange, broker, market maker, involving “in the moment” responsibility and decisions. Derivatives expertise. Strong understanding of derivatives, market microstructure, leverage, liquidity, margin, liquidations, and the associated risks. Regulatory knowledge. Good understanding of MiFID II requirements, particularly those relating to trading venues, market risk controls, and maintaining orderly markets. Risk management and controls. Practical experience in market risk monitoring, risk limits, stress testing, scenario analysis, and trading controls. Analytical capability. Strong quantitative and analytical skills, with the ability to assess market conditions, identify emerging risks, and make sound decisions under pressure. Communication and judgement. Ability to work effectively with technical teams, trading participants, and senior management. Business-level English is required. Desired Experience Trading venue operations. Experience with OTFs, automated trading environments, circuit breakers, trading halts, kill switches, and market access controls. Market maker relationships. Experience managing liquidity providers or market makers, including performance monitoring, KPIs, SLAs, and trading obligations. Digital assets. Experience with crypto spot and derivatives markets, including MiCAR requirements. Technical skills. Proficiency in Python, SQL, or similar tools for risk analysis, modelling, and reporting. Qualifications. FRM, PRM, CFA, or equivalent professional qualification. Dutch language skills are an advantage.

Core Responsibilities

Manage market risk across 24/7 spot and derivatives markets, including trading controls, margin and liquidations, market maker relationships, and interventions such as trading halts. Collaborate with Trading Operations, Engineering, Product, and Compliance to maintain orderly, compliant markets and support the development and launch of new products.

Requirements

Requires at least five years of hands-on market risk experience in a trading venue, exchange, broker, or market maker, with real-time decision-making responsibility and strong derivatives expertise. Candidates should understand MiFID II and market risk controls, have practical experience with monitoring, limits, stress testing, and scenario analysis, and demonstrate strong analytical, communication, and judgement skills; business-level English is required.