Manager of Finance Operations, SFOX
Banking and Risk
Cryptocurrency prime dealer for institutional investors
Job no longer available
Cryptocurrency prime dealer for institutional investors
21-100 employees
Job no longer available
21-100 employees
Company mission
To build technology that makes it easier to access cryptocurrency.
Role
Who you are
- Advanced knowledge of and interest in Bitcoin
- Bachelor's degree in Finance, Accounting, or a related field (advanced degree preferred)
- Minimum of 5 years of experience in finance, operations, or a similar role
- Strong communication and relationship-building abilities. Existing relationships in banking are a plus
- Strong understanding of global banking practices and regulations
- Proven experience in managing ACH transactions and banking operations
- Expertise in treasury management and risk mitigation strategies
- Excellent analytical and problem-solving skills
- Attention to detail and ability to work in a fast-paced environment
What the job involves
- SFOX is seeking a motivated, experienced Manager, Finance Operations, Banking and Risk to join our dynamic team. The successful candidate will be responsible for managing global bank relationships, handling banking operations, overseeing ACH transactions, managing treasury functions, and mitigating risk and fraud
- Establish and maintain strong relationships with global banking partners
- Negotiate favorable terms and conditions for banking services
- Serve as a primary point of contact for bank-related matters
- Monitor and report on the performance of banking relationships
- Manage and improve domestic and international banking and ACH operations
- Identify, assess, and mitigate financial and operational risks, including ACH chargeback risks
- Develop and implement fraud prevention and detection strategies
- Monitor transactions for suspicious activities and investigate potential fraud cases
- Develop and execute treasury management strategies to optimize cash flow and liquidity
- Monitor and forecast cash positions, ensuring sufficient funds are available for operational needs
- Manage foreign currency exposure and hedging activities
- Prepare treasury reports and provide insights to senior management
Our take
SFOX (San Francisco Open Exchange) is a cryptocurrency prime dealer that enables traders to access global crypto markets with one account. Unlike the wealthy consumer-facing products for private trading, SFOX focuses on professional traders and institutional investors, offering higher returns when trading large volumes.
Rather than acting as an exchange in its own right, SFOX helps high volume traders to buy and sell orders by executing them through its integrations with over 30 cryptocurrency exchanges. Despite the current downtown in crypto markets following the FTX collapse, SFOX is seeing an increase in business as institutional traders seek safer and more tax compliant ways to navigate the digital assets marketplace.
SFOX was part of Y Combinator's 2014 batch, and is led by an experienced team of operators. It has not been shy about attracting talent from top institutions, especially targeting engineering and legal professionals to further develop its product and ensure compliance with increasing regulations on the crypto space.
Steph
Company Specialist at Welcome to the Jungle
Insights
24% employee growth in 12 months
Company
Funding (2 rounds)
Aug 2018
$22.7m
SERIES A
Jul 2014
$0.2m
SEED
Total funding: $22.9m
Company benefits
- Remote-first culture - work from where you are
- Unlimited PTO - take time off when you need it
- Paid holidays and company-wide wellness days off
- Health/dental/vision/life insurance and flexible spending accounts available for you and your family
Company HQ
Stanford, CA
Leadership
Akbar Thobhani
(Chairman)Having taken an MBA at MIT, Akbar worked as Director of Product Management at BOKU, before co-founding PlayPass and working at Airbnb for 4 years. They then co-founded SFOX in 2014, serving as CEO since.
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