Product Operations Associate, Paxos
$88.4-100k
+ Equity
3+ days a week in office
Blockchain infrastructure for financial services
Job no longer available
Blockchain infrastructure for financial services
201-500 employees
Job no longer available
$88.4-100k
+ Equity
3+ days a week in office
201-500 employees
Company mission
To enable the movement of any asset, at any time, in a trustworthy way.
Role
Who you are
- We’re looking for recent graduates or those with up to one year of experience who are ready to roll up their sleeves and make an impact from day one
- You have strong analytical skills, and ability to recognize and analyze trends in data is a plus
- You have a strong attention to detail and passion for solving problems
- You have the ability to thrive in ambiguity, organizing effectively and asking the right questions
- You have the ability to multitask and prioritize in a fast-paced environment
- You’re comfortable working in a tech-driven environment and can coordinate across several stakeholder groups (Engineering, Operations, Compliance, Marketing, People, Strategic Initiatives, Office of the CEO)
- You have the ability to “get your hands dirty” and create leverage on projects by bringing your unique expertise and willingness to learn the moving parts
- You have a strong project management orientation, with the ability to communicate issues/concerns before they become fires and facilitate the right stakeholders in a discussion to solve for them
- Experience in FinTech or financial services is a plus
What the job involves
- We’re looking for a Product Operations Associate to be at the forefront of our dynamic business lines, supporting core activities that keep our company running smoothly
- The role is a unique blend of both developing and delivering best-in-class business operations, including asset settlement, reconciliation, analytical reporting and customer interaction
- You’ll have a hand in several projects and strategic initiatives across Paxos, including digital asset custody and stablecoin management
- You’ll work closely with our senior associates and program managers to have a direct impact on Paxos’ growth and the broader acceptance of digital assets in global finance
- Build a nimble infrastructure to support an expanding, innovative product base
- Execute workflows with speed and accuracy while participating in strategic reengineering, audit, risk and new business initiatives
- Actively engage with users, providing scaled support to resolve issues, identify user trends and work with cross-functional partners to find solutions using technology and automation
- Drive the delivery of operational milestones and strategic initiatives set by Operations Management at the company-wide level, ensuring rigor through best-in-class project management practices and applying critical thinking to each business decision
- Manage business operations to ensure fiat currency and crypto assets are custodied and transferred seamlessly, and that issues are detected and resolved promptly. This includes some after-hours work, weekend work and office visits
- Immerse yourself in blockchain technology, cryptocurrency for enterprises and investors, our regulation-first approach, and more!
Our take
Paxos develops regulation-compliant infrastructure services for companies looking to add features like crypto brokerages or branded stablecoins to their customer offerings. Its focus on regulatory compliance, and its status as one of only three national trusts born in the crypto ecosystem, gives it an edge in building a unique and global network of enterprise customers.
Cryptocurrency remains a risky sector, so a company at the forefront of crypto regulation is proving highly attractive to a growing sector of enterprises tentatively dipping their toes in. It is pushing ahead of competitors as one of the largest crypto/blockchain startups with substantial funding and an impressive valuation.
Its growth has been backed up by material results, too. It has established relationships with firms like Bank of America, Credit Suisse and Mastercard. PayPal also leverages Paxos on its backend to enable its users to buy, sell and hold crypto. This proven success with an expanding roster of big-name clients is very impressive, as is the company's success in receiving approval to convert to an OCC National Trust Bank.
Steph
Company Specialist at Welcome to the Jungle
Insights
10% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Apr 2021
$300m
SERIES D
Dec 2020
$142m
SERIES C
Total funding: $535.3m
Company HQ
Midtown East, New York, NY
Leadership
Charles Cascarilla
(CEO & Co-founder)Previous Co-founder and Partner at Cedar Hill Capital Partners for 10 years. Current Partner at Liberty City Ventures and Founding Board Member of the Association for Digital Asset Markets, alongside working at Paxos.
Rich Teo
(CEO Asia & Co-founder)Previous Financial Analyst at Citi for 2 years before becoming a Principal / Senior Analyst at Cedar Hill Capital Partners. Has served as CEO of Asia at Paxos for 7 years.
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