FalconX is hiring a

Web3 Risk Management - Associate

FalconX is building the world’s smartest institutional brokerage for digital assets

FalconX is one of the fastest-growing startups in FinTech. We are a digital asset brokerage delivering best-in-class pricing and execution capabilities for institutional traders and investors. Our vision is to grow the digital asset ecosystem 1000X with industry-leading prime brokerage solutions. FalconX is headquartered in Silicon Valley and has 8 global offices including Bangalore, Singapore, New York and Chicago.

• We are data driven. Whether it's a growth or product decision, we believe data can always help us make more precise and informed choices.
• We move fast. Speed of execution is essential for any startup, but we believe this is even more pertinent in our nascent industry.
• We value diversity and debate. We believe the direction of our company is shaped by opposing viewpoints and experiences, and that this diversity helps learn and maximize our opportunity for success.

Responsibilities:

• Risk Assessment and Analysis: Conduct thorough risk assessments of crypto assets and investment strategies to identify potential risks and vulnerabilities. Analyze market trends, price movements, and regulatory developments to assess their impact on the company's portfolio. Counterparty credit assessments and margin calls.
• Risk Measurement and Monitoring: Develop risk metrics and monitoring tools to assess the exposure and performance of the crypto portfolio. Regularly review risk models and methodologies to ensure accuracy and relevance.
• Portfolio Stress Testing: Conduct stress tests on the crypto portfolio to assess its resilience to adverse market conditions and evaluate potential worst-case scenarios.
• Market Research and Intelligence: Stay up-to-date with the latest developments and trends in the crypto market, including regulatory changes, emerging technologies, and competitor activities. Provide actionable insights to inform risk management strategies.
• Risk Reporting: Prepare regular risk reports for senior management, highlighting key risk exposures, trends, and performance metrics. Communicate complex risk-related concepts in a clear and concise manner.
• Risk Mitigation Strategies: Collaborate with traders and portfolio managers to develop risk mitigation strategies, including hedging and diversification techniques. Evaluate and recommend risk-reducing trades and investment opportunities.
• Compliance and Regulatory Oversight: Ensure compliance with relevant regulations and internal risk policies. Monitor regulatory changes and update risk management practices accordingly.
• Internal Controls and Process Improvement: Identify opportunities to enhance risk management processes, including automation of risk assessment and reporting procedures. Implement internal controls to safeguard against operational risks.
• Cross-Functional Collaboration: Work closely with other teams such as Trading, Research, Compliance, and Legal to ensure a holistic approach to risk management and maintain a cohesive risk management framework.
• Continuous Learning: Stay informed about the latest developments in risk management practices, financial instruments, and technologies in the crypto space. Attend relevant conferences, workshops, and industry events.

Success:

• As a Risk Management Associate, you will help build in-house Risk Management capabilities, streamline & consolidate processes, and ensure real-time & accurate risk information to all the stakeholders.
• Passionate about working in a business function with enthusiasm to learn and grow in a challenging business environment of the Digital assets industry.
• Work closely with all the teams to ensure the best financial outcomes for the organization.
• Ability to multi-task, work effectively under pressure, prioritize, and manage workload to meet internal needs.

Required Qualifications:

• Bachelor’s degree in Finance or related field with 3-5 years of experience in Risk Management.
• Experience of working in a Financial Institution or Finance Services Start-up.
• Self-motivated with great initiative and highly independent.
• Maintain a high level of accuracy.
• Strong verbal and written communication skills.

Who is on the team?

We are entrepreneurs. More than half of us have experience in founding a company. We come from leading institutions including Google, LinkedIn, JUMP, Citadel, Goldman Sachs, Harvard Business School, Carnegie Mellon, IIT + more. We are backed by some of the best investors in the world including Accel Partners, Flybridge Capital, Lightspeed Venture Partners

Impact

At FalconX, you’ll have a significant influence on the broader success of the digital asset landscape. Some of the largest financial institutions from Wall Street to Silicon Valley and around the world will turn to you for the best market prices and insights on the crypto industry. You will become an expert on crypto industry trends and market movements. With your experience, you will help shape our company’s trading strategies according to our core values - speed, transparency, and trust. You will be an ambassador of FalconX, constantly improving your knowledge of our offering and sharpening knowledge of best market practices.

FalconX is on a mission to redefine the world’s institutional brokerage for digital assets. As one of the fastest-growing startups in FinTech, we offer best-in-class pricing and execution capabilities for institutional traders and investors. We are fueled by our vision to expand the digital asset ecosystem with industry-leading prime brokerage solutions.

We believe in being data-driven, valuing diversity and debate, and moving fast. With us, you'll have a significant influence on the broader success of the digital asset landscape. You'll become an expert on crypto industry trends and market movements, shaping our risk management strategies guided by our core values - speed, transparency, and trust.

Apply Now: