---
title: 'Head of Trading (FX, Market Making & Philippines OTC) at Coins.ph'
canonical: 'https://feeny.ai/job/head-of-trading-fx-market-making-philippines-otc-coins-ph-hong-kong-0f3bcd4p53wj'
type: 'job'
last_seen: '2026-10-19'
---

# Head of Trading (FX, Market Making & Philippines OTC) at Coins.ph

- **Company:** Coins.ph
- **Location:** Hong Kong, China
- **Employment:** full-time
- **Work type:** hybrid
- **Posted:** 2026-09-30
- **Last confirmed live:** 2026-10-19
- **Apply:** https://jobs.lever.co/coins/5c81e804-b39e-4a74-8daf-27634457e57d

## Job description

Join the Pioneer Crypto Brand in the Philippines!

Coins is the most established crypto brand in The Philippines and has gained the trust of more than 18 million users. Through the easy-to-use mobile app, users can buy and sell a variety of different cryptocurrencies and access a wide range of financial services.

Coins is fully regulated by the Bangko Sentral ng Pilipinas (BSP) and is the first ever crypto-based company in Asia to hold both Virtual Currency and Electronic Money Issuer licenses from a central bank.

We are a global payments and digital asset exchange business. As Head of Trading, you will own our FX strategy, market making strategy and the Philippines OTC/FX trading team. You will set how we price, source and manage liquidity across fiat and crypto, and you will be accountable for the desk's PnL and risk.

## Responsibilities

FX Strategy

- Define and execute the FX trading strategy across our payment corridors and currency pairs, with a focus on PHP and other emerging-market currencies.
- Manage pricing, spreads and execution quality for cross-border flows. Source liquidity from banks, LPs and other counterparties.
- Work with Treasury on hedging and exposure management, so that trading and balance-sheet risk are managed together.

Market Making Strategy

- Design, run and continuously improve our market making strategy for exchange order books, including quoting, inventory management, spread and risk parameters.
- Manage relationships and agreements with external market makers and liquidity providers. Evaluate their performance and terms.
- Work with Engineering and Product to develop and improve trading systems, pricing engines, algorithms and connectivity.

Philippines OTC / FX Trading Team

- Build, lead and develop the PH OTC/FX trading team, including hiring, performance management and training.
- Oversee OTC client pricing and execution, including large-ticket fiat and crypto trades.
- Grow OTC volumes and client relationships in coordination with Sales and Business teams.

Risk, Limits & Governance

- Establish and enforce trading risk frameworks: position limits, stop-loss, VaR, counterparty and concentration limits.
- Ensure trading activity complies with applicable regulations (e.g., BSP requirements), internal policy, AML/KYC and market conduct standards.
- Produce regular reports on PnL, exposure, volumes, spread capture and desk KPIs for senior leadership. Support audits and regulatory inquiries.

Cross-Functional Collaboration

- Partner with Treasury, Finance, Compliance, Risk, Legal and Engineering to ensure trading operations are well-funded, compliant and operationally sound.
- Support new market entries and product launches from a pricing, liquidity and trading perspective.

## Requirements

- Bachelor's degree in Finance, Economics, Mathematics, Engineering or a related quantitative field.
- 10+ years of trading experience in FX, digital assets or market making, including 3+ years leading a trading team.
- Proven track record of running profitable FX and/or market making strategies with disciplined risk management.
- Deep understanding of FX markets, liquidity, pricing and execution, preferably including emerging-market and PHP flows.
- Hands-on experience with market making or liquidity provision, such as inventory and spread management and order book dynamics.
- Experience in OTC trading and managing institutional or large-ticket clients is strongly preferred.
- Experience in a regulated payments, exchange, bank or trading firm environment. Crypto exposure is preferred.
- Strong quantitative and analytical skills. Comfort working with data, pricing models and trading systems.
- Established relationships with banks, liquidity providers, market makers and OTC counterparties.
- Strong leadership, communication and stakeholder management skills, with the ability to work in a fast-paced environment.
- Familiarity with Philippine regulations is a plus.

## About Coins.ph

## Company Overview
- **One-liner**: Coins.ph is the Philippines' most trusted crypto wallet and exchange, providing easy access to Web3, digital assets, and a broad range of financial services for both consumers and businesses.
- **Entity Type**: Private (acquired by Gojek in 2019; last funding round: Series C in 2022)
- **Headquarters**: Manila, Philippines
- **Founded**: 2014
- **Founders**: Not publicly available (founder names are not disclosed in the provided sources)

## Core Business
- **Primary industries**: Financial services, cryptocurrency exchange, digital payments, remittances, blockchain / Web3
- **Target customers**: B2C (Filipino consumers and underbanked/unbanked individuals) and B2B (financial institutions, businesses needing cross-border payments and treasury services)
- **Mission statement**: "To create an open financial system by providing everyone easy access to Web3 and digital assets" (from [coins.ph](https://www.coins.ph/en-ph/careers))

## Products & Services
- **Coins.ph Mobile App**: A cryptocurrency wallet and exchange where users can buy and sell 20+ cryptocurrencies with low minimums (₱5), plus access payments, remittances, and bill payments.
- **Coins Business Platform**: A suite for businesses and financial institutions enabling stable-powered settlements, cross-border money movement, currency conversion, digital asset access, cards, credit, investments, and treasury management — available 24/7/365.
- **Coins Remittance**: International money transfer services leveraging crypto rails to lower costs and speed up settlement.

## Market Standing
- **Valuation**: Not disclosed
- **Annual Revenue**: $33.4 million (per [LinkedIn](https://ph.linkedin.com/company/coins-ph))
- **Total Funding**: $40 million (across multiple rounds, including Series A led by Quona Capital and Series C led by Ribbit Capital)
- **Other Key Metrics**: 16+ million registered users, 7+ million monthly active users, 300+ headcount
- **Notable Investors/Partners**: Quona Capital, Ribbit Capital, Gojek (parent company, acquired Coins.ph in 2019 for $72M)
- **Growth Signals**: +15.7% YoY headcount growth (236 employees as of recent data), active job postings up +165% year-over-year; expanding beyond crypto into full-stack financial services

## Competitive Advantages
- Fully regulated by the **Bangko Sentral ng Pilipinas (BSP)** — one of the first crypto-based companies in Asia to hold both Virtual Currency and Electronic Money Issuer licenses, providing trust and compliance.
- **First-mover & brand trust**: Most established crypto brand in the Philippines since 2014, with 16M+ users.
- **Integrated with Gojek ecosystem**: Access to a larger regional network of services and capital.
- **Broad product range**: Single platform for crypto, payments, remittances, cards, credit, and treasury — reducing fragmentation for users.

## Strategic Focus
- Building the "next generation of global money movement" by merging stable-powered settlements with local payment rails to make transactions faster, cheaper, and available 24/7.
- Expanding into adjacent financial services (cards, credit, investments) and deepening B2B offerings for financial institutions.
- Scaling compliance/AML capabilities to serve a growing user base and support international expansion.

## Why Work Here
- **Culture & Flexibility**: Flexible work arrangements (hybrid/remote options reported); work-from-equipment provided; a culture built on trust.
- **Benefits**: Comprehensive HMO for employees and dependents (dental, vision, mental health support); 15 vacation days, 15 sick days, birthday leave, quarterly mental health day; continuous learning and career development programs.
- **Growth**: Fast-growing startup with 200+ active openings; yearly headcount growth of 15.7%; roles span engineering, compliance, product, sales, and operations.
- **Compensation**: Competitive base plus performance-based rewards; salary data indicates operations roles around ₱336K/month and manager roles around ₱1.32M/month (though actual offers vary).
- **Engineering culture**: Emphasis on Web3 and blockchain; product teams work on compliance/risk platforms, trading UX, and backend infrastructure.

## Sources
1. [coins.ph – Careers](https://www.coins.ph/en-ph/careers)
2. [coins.ph – About](https://www.coins.ph/en-ph/about)
3. [LinkedIn – Coins.ph](https://ph.linkedin.com/company/coins-ph)
4. [Lever – Coins.ph Jobs](https://jobs.lever.co/coins)
5. [Built In – Coins.ph](https://builtin.com/company/coinsph)

## Other roles at Coins.ph

- [General Manager, Philippines](https://feeny.ai/job/general-manager-philippines-coins-ph-taguig-city-jr56mjhq7kpm) — Taguig City, Philippines
- [IT Security & Systems Compliance Specialist](https://feeny.ai/job/it-security-systems-compliance-specialist-coins-ph-taguig-city-3qmdc411d43p) — Taguig City, Philippines
- [Brand Marketing Manager](https://feeny.ai/job/brand-marketing-manager-coins-ph-taguig-city-x40v455drqnr) — Taguig City, Philippines
- [Backend Engineer (Junior to Mid-Level)](https://feeny.ai/job/backend-engineer-junior-to-mid-level-coins-ph-taguig-city-qt55bex4150s) — Taguig City, Philippines
- [Legal Counsel (Corporate Housekeeping and Licensing)](https://feeny.ai/job/legal-counsel-corporate-housekeeping-and-licensing-coins-ph-taguig-city-a274gcn4wcv3) — Taguig City, Philippines
- [Legal Counsel (Financing, Lending and Securitization)](https://feeny.ai/job/legal-counsel-financing-lending-and-securitization-coins-ph-taguig-city-1wjfxnhrewyz) — Taguig City, Philippines
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