Head of Business Development (Americas)

XTX Markets is a leading algorithmic trading company partnering with counterparties, exchanges and e-trading venues globally to provide liquidity in the Equity, FX, Fixed Income, Commodity and Options markets. We provide consistent liquidity, helping market participants throughout the world obtain the best prices in the various assets classes we cover, regardless of changing market conditions.

At XTX Markets technology is our business and we are a diverse organisation which attracts outstanding talent from across all industry backgrounds. We are focused on teamwork and our people collaborate on all aspects of the business, working openly and with respect for each other, our clients and the market. Our culture is non-hierarchical and one where everyone is valued. We strive for excellence in everything we do.

We are hiring for a Head of Business Development (Americas) to be based in our New York office. You will join a global team, focussed on our activities in North America. This role will afford you the opportunity to help shape, define and deliver our emerging US options business. It will suit an entrepreneurial individual interested in building a new business line in a highly successful quantitative trading firm.

XTX is a company that rewards people on merit and excellence, not necessarily on experience, avoiding the bureaucracy of large organisations and maintaining a flat hierarchy. Work is fast paced; we ensure decision making is efficient and changes are quickly implemented.

The base salary range for this role is between $200,000 to 250,000 depending on relevant job-related skills and experience. You will be eligible for participation in a discretionary annual performance bonus scheme and will enjoy a comprehensive package of benefits. All bonuses, benefits, and any sign-on payments are in addition to the base salary range stated.

• Research, investigate, summarize, and present detailed knowledge for potential new business activities and product areas, with a major focus on our U.S. equities and emerging U.S. options business.
• Take ownership and manage the end-to-end delivery of projects, involving regular engagement with local and global XTX teams.
• Manage commercial and technical optimisation of existing businesses to enhance performance.
• Support Americas leadership in implementing growth strategy.
• Develop a deep understanding of financial market microstructure and effect of changes.
• Build impactful relationships with external partners, including venues, brokers, and counterparts.
• Gather market intelligence, including upcoming regulatory changes.
• Provide thoughtful ideas on wider group strategy to increase business and partnership opportunities.
• Based in New York but may involve travel to other domestic and international financial centres.

• Minimum 5 years of experience in a relevant role in a leading financial firm (such as banks, trading firms, exchanges, brokers).
• Knowledge of U.S. Equities and Options markets is required.
• Exposure to technology (potentially outside of finance) and technical skills are a plus.
• Detailed understanding of entire trade workflow is preferred.
• Extremely disciplined approach in executing business ideas, with an acute judgement of effort vs benefit.
• Curiosity, detail orientation, logical thought process and efficient time management.
• Effective communication with global teams with various cross-functional teams.
• Ability and confidence to build or maintain relationships at a mid to senior level with external partners.
• Entrepreneurial mentality, taking responsibility for businesses, including upside and downside.

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