Full-Time

Head of Risk

Confirmed live in the last 24 hours

FalconX

FalconX

201-500 employees

Institutional crypto trading platform for financial institutions

Fintech
Crypto & Web3

Compensation Overview

$238k - $322kAnnually

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

Expert

San Francisco, CA, USA + 1 more

More locations: New York, NY, USA

Category
Risk Management
Finance & Banking
Required Skills
Risk Management

You match the following FalconX's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Bachelor's degree in finance or related field required; master's degree or relevant certifications (e.g., FRM, CFA) preferred.
  • 10+ years in risk management, preferably in financial services, with exposure to cryptocurrency markets. Prior institutional brokerage firm experience is highly preferred.
  • Strong knowledge of digital asset trading, custody, and settlement processes, including associated risks and challenges.
  • Proven track record in developing and implementing risk management frameworks, policies, and procedures. Experience with quantitative risk measurement is essential.
  • Familiarity with relevant regulatory frameworks and requirements for digital asset trading platforms. Experience in managing relationships with regulators is highly preferred.
  • Ability to analyze complex risk scenarios, identify vulnerabilities, and develop effective risk mitigation strategies. Strong attention to detail and critical thinking under pressure.
  • 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.
Responsibilities
  • 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.
Desired Qualifications
  • master's degree or relevant certifications (e.g., FRM, CFA) preferred
  • Prior institutional brokerage firm experience is highly preferred
  • Experience in managing relationships with regulators is highly preferred

FalconX operates an Institutional Crypto Trading Platform that focuses on the needs of financial institutions in the digital assets market, including cryptocurrencies like Bitcoin and Ethereum. The platform simplifies trading by providing clear price discovery and efficient trade execution, allowing institutions to buy and sell digital assets without concerns about price discrepancies or hidden fees. FalconX is trusted by major financial institutions, highlighting its reliability and effectiveness. It offers tailored solutions for hedge funds, asset managers, and proprietary trading firms, ensuring their specific requirements are met. The company provides a range of services, including trade execution, credit, treasury management, market making, and prime services, generating revenue through these offerings. FalconX aims to streamline digital asset trading for institutional clients, enhancing their trading experience with professional services and quick response times.

Company Size

201-500

Company Stage

Series D

Total Funding

$415.4M

Headquarters

San Mateo, California

Founded

2018

Simplify Jobs

Simplify's Take

What believers are saying

  • Integration of JitoSOL allows clients to earn passive SOL yield while trading.
  • Acquisition of Arbelos Markets enhances FalconX's crypto derivatives trading capabilities.
  • Launch of auto-liquidation service improves capital efficiency for APAC crypto miners.

What critics are saying

  • Increased competition could erode FalconX's market share in the crypto brokerage sector.
  • Cryptocurrency market volatility poses a risk to FalconX's revenue stability.
  • Intensifying regulatory scrutiny may lead to higher compliance costs for FalconX.

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 is trusted by major financial institutions for its reliability and effectiveness.

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

Benefits

Hybrid Work Options

Performance Bonus

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-1%

2 year growth

-2%
PR Newswire
Feb 19th, 2025
Jito Foundation And Falconx To Bring Staking Returns And Mev Rewards To Institutional Traders

NEW YORK, Feb. 19, 2025 /PRNewswire/ -- Jito Foundation, the organization that oversees ecosystem growth and adoption of Jito protocols under the direction of the Jito DAO, today announced that Jito Staked Solana (JitoSOL) will now be accepted as collateral by FalconX, the largest institutional digital asset prime brokerage. Additionally, FalconX will provide secure custody for JitoSOL, allowing FalconX's institutional clients to optimize interactions with Solana's staking economy.FalconX's clients can now use JitoSOL as collateral for over-the-counter spot, derivatives, and borrowing activities. Earning passive SOL yield on collateral unlocks a new frontier of trading strategies available to its institutional clients. By enabling institutions to integrate Solana staking rewards with trading strategies through JitoSOL, FalconX offers an innovative approach to leveraging JitoSOL for trading while retaining liquidity and optimizing capital efficiency. Furthermore, the addition of JitoSOL demonstrates the value that liquid staking brings to institutions and how digital assets can revolutionize institutional finance."FalconX's inclusion of JitoSOL as trading collateral highlights an exciting new use case for JitoSOL and the broader Jito infrastructure," said Brian Smith, Head of the Jito Foundation

Stock Titan
Jan 6th, 2025
Falcon Gold Raises $975K for Exploration

Falcon Gold Corp. completed a non-brokered private placement, raising over $975k across three tranches. The final tranche raised $380k by issuing 6.67 million Quebec flow-through units at $0.045 each and 2.29 million non-flow-through units at $0.035 each. Proceeds will fund exploration in Newfoundland, Ontario, and Quebec, and support working capital. The company paid $21k in finder's fees and issued 465,666 finder's warrants. All securities are subject to TSX Venture Exchange approval.

PYMNTS
Jan 3rd, 2025
This Week In Web3 Innovation: Crypto Policies, Payments And Stablecoins

It finally happened. In 2024, bitcoin topped $100,000, capping off a year of growing mainstream adoption and technological innovation. Will 2025 bring cryptocurrency fans similar good fortune? Certain experts think bitcoin, the first cryptocurrency, could double its record-high valuation and reach $200,000. But bitcoin’s rise is just one chapter in the ongoing story of cryptocurrency’s evolution and the blockchain industry’s maturation. The future of digital assets is not just about price points and market caps — it’s about how these Web3 technologies are working to reimagine digital finance and commerce on a global scale

PR Newswire
Jan 2nd, 2025
Falconx Expands Global Derivatives Footprint With Acquisition Of Arbelos Markets

SAN MATEO, Calif., Jan. 2, 2025 /PRNewswire/ -- FalconX, a leading digital asset prime broker, today announced its acquisition of Arbelos Markets, a trading firm specializing in crypto derivatives led by industry veterans Joshua Lim, Shiliang Tang, and Sergio Almada Monter. FalconX operates FalconX Bravo Inc., the first CFTC approved swap dealer focused on cryptocurrency derivatives, and this acquisition further reinforces the firm's commitment to expanding its derivatives business and strengthens its position as one of the largest crypto derivatives dealers in the market.The institutional market has seen significant growth in the last year, driven by positive regulatory momentum along with the growth of ETF and derivatives markets. Similar to traditional asset classes, crypto derivatives will continue to scale to be many multiples of spot markets. FalconX has built a leading position in the derivatives market, consistently ranking as one of the top liquidity providers on Deribit. This acquisition will further enhance FalconX's capabilities to provide customers with access to deeper liquidity and bespoke derivatives solutions, supporting institutions with a more sophisticated and diversified range of trading strategies."With over 60% of global derivatives trading activity happening OTC in traditional markets, this acquisition solidifies FalconX's position as the go-to platform for derivatives liquidity", said Raghu Yarlagadda, CEO of FalconX

The Block
Jan 2nd, 2025
Bitcoin Layer 2 Bitlayer reaches $300 million valuation with new funding from Franklin Templeton and others

Bitcoin Layer 2 developer Bitlayer Labs has raised $11 million in a Series A funding round at a $300 million valuation.