Remote Jobs at FalconX

Daily responsibilities (“You Will”)

• Support the management of a risk book of cryptocurrency derivatives to generate superior risk-adjusted pnl to the tune of 100% return on capital.

• Manage client relationships and build the book of business.

• Lead derivatives trade executions to face clients and hedge these trades with Liquidity providers.

• Optimize collateral usage on an ongoing basis to maximize return on capital and mitigate exchange risk.

• Involvement in analytics development efforts to measure, monitor and manage day to day risks.

• Be a contributing member of the 24x7 derivatives desk coverage team.

• Generate ideas and provide solutions for bespoke needs of clients.

• Manage daily liquidity and inventory of positions.

• Risk reporting to the management on a daily basis.

• Manage cross-functional work streams to build the desk.

• Provide support to the product team towards building options platform.

Past Experience (“You Have”)

• 3-7 years of experience managing an OTC derivatives book.

• Experience managing risk of multi-instrument OTC positions.

• Trade execution experience with both OTC and electronic venues.

• Experience managing at least $50mm of risk capital.

• Been on a team of multiple traders in the trading group.

• Experience in managing derivatives risks.

12 month goals and KPIs

• Support growth of the derivatives trading team with 24x7 coverage and streamline processes.

• Exposure to the deployment of $50 mm in capital that generated 100% annualized returns.

Compensation

• Base: $ 200k

• Cash Incentives: TBD% of the net returns on the derivatives book.

• Equity incentives: TBD