About 39k Group
39k is India's largest crypto trading firm, operating a global high-frequency market making platform across centralized and OTC venues. We provide continuous liquidity in digital asset markets using fully automated infrastructure, and are scaling aggressively across geographies and instruments.
Role Overview
We are hiring a senior desk lead to manage one of our crypto market making books - a role that blends automated pricing, risk management, treasury control, and PnL ownership. The position is ideal for professionals from FX, IRS, or structured product trading desks looking to step into the future of electronic trading.
What You'll Do
- Own automated quoting across venues : Manage continuous 2-way pricing across exchanges, OTC desks, and RFQ platforms.
- Control risk dynamically : Monitor inventory, spreads, and capital allocation in real time; implement risk-based adjustments to quoting logic.
- Oversee treasury and cash management : Ensure capital is efficiently distributed across exchanges and counterparties; manage balances, funding costs, and capital limits.
- Drive PnL and performance : Take full ownership of daily desk PnL - optimizing for inventory turns, win-rates, and trading alpha.
- Coordinate across functions : Work closely with engineers, quant researchers, and infra teams to refine strategies, debug issues, and ship upgrades to production.
- Manage and grow the team : Lead a small, high-impact team of traders and technologists; hire, train, and mentor as the desk scales.
Ideal Background
5-12 years of experience in a market making, prop trading, or structured product desk at a top-tier investment bank or hedge fund.Strong understanding of pricing, hedging, and risk management in FX, rates, options, or OTC derivatives.Familiarity with e-trading workflows and quoting systems; and hands-on coding experience in python, C++ or rust.Clear, actionable mindset with a focus on execution, accountability, and PnL results.Interest or experience in crypto is a plus, but not mandatory - we'll help you ramp up on that.
Why 39k?
Run an autonomous desk with direct PnL ownership and minimal bureaucracy.Operate at the frontier of market structure - in 24 / 7 crypto markets across CEXs, RFQ platforms, and OTC pipes.Join a nimble and high-performance team with deep experience in HFT, quant, and trading infrastructure.Work hybrid with strong outcome-linked incentives - this is a real trading desk, not a seat warmer.If you're a trading desk leader ready to bring your experience into a faster, more agile market - and want real ownership, real speed, and real upside - we want to talk.
(ref : iimjobs.com)