About the company
FalconX is the most advanced digital asset platform for institutions. We provide trade execution, credit & treasury management, prime offering and market making services. Given our global operations, industry-leading technology and deep liquidity, we have facilitated client transactions of $1 trillion in volume. Our products & services are regulated, compliant and trusted. We are a team of engineers, product builders, institutional sales and trading leaders, operations experts, and business strategists. Our teammates have entrepreneurial experience and come from companies such as Google, Apple, Paypal, Citadel, Bridgewater, and Goldman Sachs. And, we embody our values: Think big; Drive bold outcomes; Be one team; Iterate with speed; and be an entrepreneur. We prioritize learning. Outcomes are mission-critical, but we also believe that learning in success and in failure will drive our continued success. Our industry is emergent - there’s no shortage of experiments to get involved with and to continue growing and learning together.
Job Summary
Responsibilities:
📍Conduct comprehensive risk assessments specifically for derivatives products, identifying potential risks and vulnerabilities in trading strategies and crypto assets. 📍Analyze derivatives market trends, price movements, and regulatory developments to assess their impact on the company's portfolio and trading activities. 📍Develop and implement risk metrics and monitoring tools tailored to the derivatives portfolio, ensuring accurate assessment of exposure and performance. 📍Regularly review and refine risk models and methodologies to maintain their relevance and accuracy in the context of derivatives trading. 📍Perform stress tests on the derivatives portfolio to evaluate its resilience under adverse market conditions and potential worst-case scenarios. 📍Stay informed about the latest developments in the derivatives market, including regulatory changes, emerging technologies, and competitor activities, providing actionable insights to inform risk management strategies. 📍Prepare detailed risk reports for senior management, highlighting key exposures, trends, and performance metrics related to derivatives trading. 📍Collaborate closely with traders and portfolio managers to develop and implement risk mitigation strategies, such as hedging and diversification techniques specific to derivatives. 📍Ensure compliance with relevant regulations and internal risk policies, particularly those affecting derivatives trading, and update practices accordingly. 📍Identify opportunities to enhance risk management processes, including automation of risk assessment and reporting procedures, and implement internal controls to safeguard against operational risks. 📍Work collaboratively with other teams, including Trading, Research, Compliance, and Legal, to ensure a holistic approach to risk management and maintain a cohesive framework for derivatives trading. 📍Continuously update your knowledge of risk management practices, financial instruments, and technologies in the derivatives space by attending relevant conferences, workshops, and industry events.
Success:
📍As a Sr. Risk Management Associate, you will contribute to building robust in-house risk management capabilities for derivatives trading, streamlining processes, and ensuring real-time, accurate risk information is available to all stakeholders. 📍Demonstrate passion for working in a dynamic business environment, with enthusiasm to learn and grow within the digital assets industry. 📍Collaborate effectively with all teams to achieve optimal financial outcomes for the organization. 📍Exhibit strong multitasking abilities, work efficiently under pressure, prioritize tasks, and manage workload to meet internal needs.
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