Head of Risk, FalconX
$190-385k
+ Equity & performance-linked bonus
Digital asset trading platform
Open for applications
Digital asset trading platform
201-500 employees
Open for applications
$190-385k
+ Equity & performance-linked bonus
201-500 employees
Company mission
To build the connective tissue for open, permission-less, and truly global digital assets to be adopted by mainstream institutions at scale.
Role
Who you are
- Education: Bachelor's degree in finance or related field required; master's degree or relevant certifications (e.g., FRM, CFA) preferred
- Experience: 10+ years in risk management, preferably in financial services, with exposure to cryptocurrency markets. Prior institutional brokerage firm experience is highly preferred
- Deep understanding of cryptocurrency markets: Strong knowledge of digital asset trading, custody, and settlement processes, including associated risks and challenges
- Risk management expertise: Proven track record in developing and implementing risk management frameworks, policies, and procedures. Experience with quantitative risk measurement is essential
- Regulatory knowledge: Familiarity with relevant regulatory frameworks and requirements for digital asset trading platforms. Experience in managing relationships with regulators is highly preferred
- Analytical and problem-solving skills: Ability to analyze complex risk scenarios, identify vulnerabilities, and develop effective risk mitigation strategies. Strong attention to detail and critical thinking under pressure
- Strong communication and leadership skills: Excellent verbal and written communication; able to present risk-related information to senior management and external stakeholders. Proven ability to lead and collaborate with cross-functional teams
What the job involves
- Collaborate with senior management to manage key risks, provide analysis, and highlight risk exposures and performance metrics
- Refine the firm’s comprehensive risk management framework for digital asset trading, custody, and settlement activities
- Manage a team of risk professionals across the globe
- Conduct ongoing risk assessments to monitor market volatility, liquidity, counterparty exposure, and regulatory compliance
- Implement risk measurement methodologies, set risk appetite thresholds, and develop monitoring tools
- Coordinate cross functionally with business units to refine risk controls and support new product development
- Foster relationships with regulatory bodies, industry associations, and auditors to ensure compliance
- Lead incident response and crisis management efforts
- Stay updated on industry trends, regulatory changes, and emerging risks to adapt strategies
- Analyze crypto assets and investment strategies for potential risks and vulnerabilities
- Develop risk mitigation strategies and evaluate investment opportunities
- You will play a critical role in ensuring the stability, security, and compliance of our operations
- Your expertise in risk management will directly impact the firm's ability to navigate the evolving landscape of cryptocurrency markets, protect our clients' assets, and maintain our reputation as a trusted and reliable partner in the industry
Our take
FalconX is driving the decentralized financial future with its digital asset trading platform, catering specifically to institutional users. Offering a suite of tools, from trade execution to market making and credit management, FalconX simplifies crypto strategy management through a unified interface.
Renowned institutions like Accel and Tiger Global have adopted FlaconX, recognizing it as a leader in the space. Notably, the company earned the prestigious FinTech Breakthrough's 2023 DeFi Innovation Award for its FalconX 60 platform, a testament to its pioneering role in digital investment and risk management.
As institutional demand for crypto assets surges in the Asia-Pacific region, FalconX is expanding its footprint into Hong Kong. The company's decision to offer over-the-counter brokerage and crypto derivatives services aligns with the region's growing interest in virtual assert innovation and regulatory advancements. With a commitment to innovation and a proactive approach to expansion, FalonX is well-positioned to further solidify its position as a leading player in the digital asset trading space.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 4 rounds)
Jun 2022
$150m
SERIES D
Aug 2021
$210m
SERIES C
Total funding: $427m
Company HQ
East San Mateo, San Mateo, CA
Articles
Leadership
Raghu Yarlagadda
(Co-Founder & CEO)Co-founder and CTO at Sarada Educational Institutions. Former Advisory Board Member at JoyUp, and Product Lead at eightfold.ai.
Prabhakar Reddy
(Co-Founder)Previously an Investor with Accel Partners, Partner at Singularity Ventures, and CEO at Dramatize. Also co-founded and was CEO of nFusion.
Salary benchmarks
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