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

$192k - $385kAnnually

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

Expert

San Francisco, CA, USA + 1 more

More locations: New York, NY, USA

Relocation assistance available if applicable.

Category
Risk Management
Finance & Banking
Requirements
  • 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.
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.

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, making it easier and more reliable.

Company Stage

Series D

Total Funding

$415.4M

Headquarters

San Mateo, California

Founded

2018

Growth & Insights
Headcount

6 month growth

12%

1 year growth

33%

2 year growth

55%
Simplify Jobs

Simplify's Take

What believers are saying

  • FalconX's auto-liquidation service improves capital efficiency for APAC crypto miners.
  • The partnership with SignalPlus enhances FalconX's crypto options trading capabilities.
  • FalconX's Prime Connect offers integrated trading experiences, boosting client satisfaction.

What critics are saying

  • FalconX faces potential regulatory scrutiny after a $1.7 million CFTC fine.
  • Increased competition from new entrants like Arbelos Markets could impact market share.
  • The FX desk launch in London may bring regulatory and operational challenges.

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 the first custodian supporting the Avail token, enhancing its digital asset ecosystem.

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