Full-Time

Swap Dealer

Controller

Posted on 8/30/2024

FalconX

FalconX

201-500 employees

Institutional crypto trading platform for financial institutions

Fintech
Crypto & Web3

Compensation Overview

$176k - $286kAnnually

+ Overtime Compensation + Performance-linked Bonus + Equity Participation + 401k Retirement Plan

Senior, Expert

New York, NY, USA

Hybrid position requiring in-office presence.

Category
Financial Planning and Analysis (FP&A)
Risk Management
Finance & Banking
Required Skills
Financial analysis
Requirements
  • Bachelor's degree in finance, accounting, or a related field required; master's degree or relevant certifications. Strong preference for licensed CPA, CFA, etc.
  • 10+ years in financial management from a CFTC or FCM regulated entity. Prior experience in a Swap Dealer firm is highly preferred.
  • Proven track record in developing and implementing financial strategies, managing budgets, and optimizing financial performance. Experience with financial reporting and analysis is essential.
  • Knowledge of relevant regulatory frameworks and experience in managing relationships with regulators is a must-have.
  • Can comprehend complex financial situations, identify improvements them, and develop effective financial plans. Strong attention to detail and critical thinking under pressure.
  • Exemplary verbal and written communication; able to present financial information to senior management and external stakeholders. Proven ability to lead and collaborate with cross-functional teams.
  • Proficiency in financial software and tools, such as Excel, ERP systems, and financial modeling software.
  • Prior cryptocurrency experience is not required; however, a general curiosity and desire to learn are a must.
Responsibilities
  • Ensure accurate and timely financial reporting, including daily, monthly, quarterly, and annual financial statements. Provide detailed analysis and commentary on financial results.
  • Collaborate with senior management to develop and implement financial strategies that align with the Swap Dealer's goals and objectives.
  • Oversee the preparation of budgets, forecasts, and financial plans. Monitor financial performance against these plans and provide insights to improve financial outcomes.
  • Manage the firm's liquidity to ensure sufficient funds are available for operational needs and strategic initiatives. Optimize cash flow and working capital management.
  • Work with external auditors to ensure audited financial statements are available in a timely manner
  • Ensure compliance with all relevant financial regulations and standards. Maintain relationships with regulatory bodies, auditors, and other external stakeholders.
  • Evaluate investment opportunities and provide recommendations based on financial analysis and market conditions.
  • Work closely with business units to support new product development and other strategic initiatives. Provide financial insights and guidance to support decision-making.
  • Stay updated on industry trends, regulatory changes, and emerging financial practices. Adapt strategies to ensure the firm remains competitive and compliant.

FalconX is an institutional crypto trading platform that simplifies the trading of digital assets like Bitcoin and Ethereum for financial institutions. It provides clear price discovery and efficient trade execution, allowing clients to trade without concerns about hidden fees. The platform is trusted by major financial institutions and offers a range of services including trade execution, credit, and treasury management. FalconX aims to deliver a reliable and comprehensive trading experience tailored to the unique needs of institutional investors.

Company Stage

Series D

Total Funding

$415.4M

Headquarters

San Mateo, California

Founded

2018

Growth & Insights
Headcount

6 month growth

8%

1 year growth

33%

2 year growth

55%
Simplify Jobs

Simplify's Take

What believers are saying

  • FalconX's auto-liquidation service enhances capital efficiency for crypto miners in APAC.
  • The partnership with SignalPlus boosts FalconX's capabilities in crypto options trading.
  • FalconX's custodial support for Avail token showcases its commitment to secure digital asset solutions.

What critics are saying

  • FalconX faces increased competition from new entrants like Arbelos Markets.
  • Regulatory scrutiny poses a risk, highlighted by a recent $1.7 million CFTC fine.
  • The volatile cryptocurrency market can impact FalconX's service demand and operational stability.

What makes FalconX unique

  • FalconX offers seamless price discovery and trade execution for institutional clients.
  • The platform eliminates slippage and hidden fees using advanced data science techniques.
  • FalconX provides a comprehensive suite of services including trade execution, credit, and treasury management.

Help us improve and share your feedback! Did you find this helpful?

INACTIVE