FalconX Jobs in Europe

What will be my impact?

At FalconX, you’ll help create a more open financial system. In building the trading, credit and custody infrastructure, we are enabling thousands more institutions to enter the market and support a more open and accessible financial system. The world’s largest financial institutions from Wall Street to Silicon Valley will turn to you for products that provide unparalleled seamless, efficient and secure access to the cryptocurrency sector.

You will…

• Team Management: Manage a team of managers who handle all incoming counterparty settlement requests within a pre-agreed timeframe. Act as a point for a portfolio of counterparties
• Develop Strategies and Roadmap for the Operations organization that meet the strategic objectives of the company
• Manage the teams budget, contribution margins, headcounts costs etc.
• Process Management: develop KPIs for trade operations and monitor team performance.
• Coordination: Liaise with Trading Desk, Product, and Customer Success teams to understand and deliver on their expectations with regards to serving clients.
• Investigation: Investigate and resolve operational issues and develop scalable solutions
• Reconciliations: Ensure trades, transfers and inventory reconciliation happens across different internal subsystems and external systems - banks, custodians, etc.
• System Improvement: Design simple, elegant and scalable post-trade operational processes - confirmation, settlement. Create product requirement documents for improving our in-house settlement platform and help with testing & rollout of system changes
• Inventory Management: Monitor daily inventory needs for - settlement, lending & borrowing activity- and liaise directly with counterparties and agent banks to fulfill those needs.
• Collateral Management: Ensure sufficient collateral and inventory is maintained across counterparties and exchanges at all times for operational continuity
• Risk Management: Provide inputs to compliance and risk teams to design pragmatic controls in this environment of changing regulatory landscape.
• Regulatory Compliance: Ensure compliance with regulation across trade operations.
• Accounting: Liaise with Accounting and ensure proper trade and settlement data is provided to them on a timely basis.

You have…

• Must have previous working experience in traditional finance or Crypto industries
• Familiarity with policies regarding settlement, clearing and institutional account management
• Experience managing client margin & risk positions
• Spot equity and/or Derivatives markets exposure and understand the underlying parties policies and positions
• Familiarity with regulations, controls, and best practices at a FINRA or NFA registered entity
• Past working experience at a small yet growing hedge fund, prop shop, clearing firm, or investment management firm is preferred
• Are outcome-oriented
• Have demonstrated diligent prioritization and focus, alongside empathetic cross-functional collaboration
• Team-oriented and demonstrated willingness to roll up the sleeves and get into the weeds in regards to financial transaction execution
• Extra credit: Strong understanding of cryptocurrency market structure and participants
• Team-oriented and demonstrated willingness to roll up the sleeves and get into the weeds
  
  

Experience

• 5+ years management experience in crypto, tech, fintech or financial services
• Demonstrable experience improving process improvements that lead to positive outcomes
• Experience managing a medium to large organization including planning and costs preferably in a hybrid or remote environment.
• Strong background working with engineering and product to improve company efficiency and scale.
  
  

Preferred Qualifications

1. Digital Asset or trading experience
2. Experience as an early/founding team member or high growth startup
3. MBA or commensurate experience managing strategic business initiatives