Institutional Business Development Manager

Wintermute • London/New York, NY

23h • Hybrid

About The Position

Wintermute is seeking an Institutional Business Development Manager in New York and London to support and accelerate its institutional expansion across financial markets. The ideal candidate will have a strong understanding of traditional financial services and experience engaging institutional counterparties in trading, liquidity, and market infrastructure. This role involves originating, developing, and managing strategic commercial relationships across Wintermute’s institutional business lines globally, while collaborating with trading, product, and operations teams to drive growth in OTC, derivatives, and liquidity solutions. Wintermute operates at the intersection of institutional finance and digital asset markets, partnering with leading exchanges and numerous counterparties.

Requirements

• Experience within institutional financial services, ideally in high-performance trading, capital markets, or financial infrastructure environments.
• Strong knowledge of OTC markets, derivatives products, and institutional trading workflows; experience with options products is highly preferred.
• Proven track record in business development, institutional sales, partnerships, capital markets coverage, or other client-facing commercial roles.
• Demonstrated ability to deliver measurable commercial outcomes, including revenue generation, client acquisition, or strategic account growth.
• Excellent communication and stakeholder management skills, with the ability to engage sophisticated institutional counterparties in a consultative and solutions-oriented manner.
• Strong understanding of market structure, liquidity, and trading products across traditional markets.
• Intellectual curiosity and willingness to develop deep expertise in digital asset market structure, electronic trading, and liquidity provision.
• Experience selling structuring derivatives-based hedging and risk transfer solutions for institutional clients is strongly preferred.
• Proactively engage clients to cross-sell holistic liquidity solutions across Wintermute's suite of offerings, maximizing wallet share and identifying novel revenue streams.
• Bachelor's or Master's degree in Finance, Economics, Business, or a related field.

Nice To Haves

• Experience selling structuring derivatives-based hedging and risk transfer solutions for institutional clients.
• Background in FICC Sales, Prime Brokerage, Equity Derivatives, Commodity Derivatives, FX Options, Rates, Credit, Structured Products, Institutional Sales Trading, or work at an ETF Issuer or Authorized Participation Desk.
• Familiarity with API/FIX connectivity, electronic trading infrastructure, and an ability to leverage data to evaluate client flow and drive commercial decisions.
• Series 7 and Series 63 licenses.

Responsibilities

• Drive the growth of Wintermute’s institutional OTC and derivatives business across key client segments and strategic markets.
• Develop and execute regional business development strategies focused on institutional client acquisition, relationship management, and revenue growth.
• Partner and strategize closely with trading, product, and operations teams to support the launch and commercialization of new products and trading solutions, including derivatives offerings.
• Build and deepen relationships with institutional counterparties, including hedge funds, asset managers, proprietary trading firms, family offices, pension/ endowments, exchanges, custodians, and market infrastructure providers.
• Identify strategic partnership and market expansion opportunities across the evolving digital asset and financial services landscape.
• Maintain active dialogue with clients to gather market intelligence, product feedback, and evolving institutional requirements.
• Contribute to the enhancement of commercial processes and operational workflows, including CRM optimization, pipeline management, and client engagement effectiveness.
• Monitor market developments, competitive dynamics, and regulatory trends to proactively identify strategic partnerships and new commercial opportunities.

Benefits

• Private medical insurance
• Performance-based compensation with a significant earning upside
• Team events, celebrations and company wide team building events
• Visas and potential longer term reallocation to the US (for UK or Singapore offices)

What This Job Offers

• Job Type: Full-time
• Career Level: Senior