Head of Institutional Sales (FX & OTC)
About the Role
- This role owns OTC trading revenue and desk performance. You will build, scale, and run Quidax’s OTC business providing large-block crypto execution for HNWIs, institutions, corporates, and trading desks.
- You’re not just a trader.
- You’re a desk builder, people leader, and risk-aware revenue operator.
What you’ll be owning
- OTC Revenue & Volume
- Own OTC volume, revenue, and margin targets
- Build a scalable OTC book with repeat, high-trust clients
- Balance volume growth with disciplined spread and risk management
OTC Desk Build & Operations:
- Design the OTC operating model: pricing, approvals, limits, escalation
- Work closely with Finance, Compliance, and Liquidity teams
- Ensure clean settlement, confirmations, and post-trade processes.
Team Build & Leadership:
- Hire, train, and manage OTC sales reps and traders
- Define what “good” looks like for OTC reps (judgment > speed)
- Build a performance culture without cowboy risk-taking.
Client Relationships & Trust:
Build long-term relationships with:
- HNWIs
- Funds
- Corporates
- Market makers
- Retain clients across market cycles, not just bull runs
Risk & Governance:
- Set and enforce risk limits per trade, client, and rep
- Ensure compliance with KYC/AML and internal controls
- Lead post-mortems when trades go wrong — no hiding.
Biggest Challenge You’ll Tackle:
- Managing volatility without blowing up margins
- Scaling OTC without turning it into a casino
- Recruiting disciplined OTC talent in a noisy market
- Operating OTC in African liquidity and FX realities.
Who We’re Looking For
- 7 – 12+ years in OTC crypto trading or institutional sales
- Proven experience building and running an OTC desk
- Has managed people, not just personal books
- Strong understanding of pricing, spreads, hedging, and settlement
- Deep relationship network in crypto OTC markets
- Calm under pressure, high integrity, low ego
- Comfortable operating in emerging markets
- Excellent communication and negotiation skills, with the ability to foster long-term relationships with strategic partners.
- A passion for innovation and the ability to thrive in a fast-paced, dynamic environment.
- An entrepreneurial mindset with a knack for identifying and capitalizing on new opportunities.
- A self-starter who thrives in fast-moving environments and doesn’t wait for instructions.
- Bonus: Experience working with crypto/blockchain companies, developer tools, or financial APIs.
Reporting Line:
- You’ll report to our VP, B2B Sales and work closely with the Product, Engineering, & Market Operations teams to scale our OTC ecosystem.
Why Quidax?
- This isn’t just a leadership role, it’s a chance to shape the future of crypto in Africa and beyond.
- If you’re looking for a high-impact role where you can build, scale, and lead in a fast-moving industry, Quidax is the place to be.
What’s In It For You:
- When you join Quidax, you’re not just taking a job — you’re jumping into a community that’s bold, remote-first, and building for the future.
Here’s what you get:
- Fair Pay + Ownership.
- Competitive salary based on your skills and experience; annual merit-based reviews to keep your growth visible and rewarded
- Growth That’s Real
- Annual performance reviews + clear promotion cycles; recognition for great work — from shoutouts to milestone rewards
- Personal development fund (courses, books, conferences); study leave so you can keep learning
Work That Works For You:
- Fully remote forever + flexible working hours
- Time Off That Respects Life
- Unlimited paid time off + Nigerian national holidays
- Parental, sick, compassionate, and life event leave — we show up for you
- Connection That Feels Real
- Quarterly remote team hangouts + annual offsite; interest-based communities (SIGs)
- Regular engagement surveys — your voice matters
- Health & life coverage in select locations.
TL;DR:
- You’ll do meaningful work, grow fast, and have the flexibility to live your best life — all while building something big with people who care.
- Let’s build the future of finance together.
What our hiring process looks like:
- It’s a four-step process!
- First Connect (with the Recruiter) – 30 mins
- Let’s talk about your experience, your story, and how you might fit at Quidax.
- Business Case Study – Timing varies
- Work through a practical scenario, show us your thinking.
- Technical Interview – 60 – 90 mins
- Show us how you solve problems, live!
- Team/Culture Chat – 45 – 60 mins.
Method of Application
Interested and qualified? Go to Quidax on quidax.factorialhr.com to apply
