Risk Manager, FalconX

• Bachelor’s degree in Finance or a related field, with 5+ years of experience in risk management, preferably with exposure to derivatives trading
• Experience working in a financial institution or financial services start-up
• Self-motivated, with great initiative and the ability to work independently
• Maintain a high level of accuracy in all tasks
• Strong verbal and written communication skills

Desirable

• As a Risk Manager on the Derivatives Team, you will play a critical role in managing and mitigating risks associated with our derivatives trading activities
• Your expertise will help ensure that FalconX maintains its competitive edge while safeguarding against potential market and operational risks
• 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
• As a Risk Manager, 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