Full-Time

Lead Product Manager

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

$127k - $254kAnnually

+ Performance Linked Bonus + Equity

Senior, Expert

New York, NY, USA

Category
Product Management
Product Operations
Product Strategy
Product
Required Skills
Market Research
Python
NoSQL
Product Management
Data Analysis
Requirements
  • Minimum of 8 years of professional experience building out institutional risk platforms with a team of engineers
  • Bachelor’s degree in Finance, Business, or a related field. MBA or advanced degree is a plus.
  • Proven experience as a Product Manager, preferably in the financial services or fintech industry.
  • Strong understanding of risk management principles, processes, and metrics.
  • Experience working in a cross-functional environment and managing complex projects.
  • Excellent analytical, problem-solving, and decision-making skills.
  • Strong communication and interpersonal skills, with the ability to collaborate effectively with diverse teams.
  • Knowledge of regulatory requirements and industry standards related to risk management.
  • Strong ability to manage large scale development efforts from a product perspective
  • Experience with VAR and / or SPAN models and cross margining frameworks
  • Self-starter yet knows when to ask for help and works great in a team
  • Strives to simultaneously achieve high-velocity and high-quality output
  • Willingness and ability to meet aggressive deadlines
  • Thrives in a dynamic and high-pressured environment
  • Proven troubleshooting and problem-solving skills
  • Bonus: Experience with relational and NoSQL databases and simple scripting languages such as Python
  • Bonus: Knowledge of crypto markets and market structure including trading on exchanges.
Responsibilities
  • Develop and execute the product strategy and roadmap for risk management systems.
  • Align product initiatives with the overall business goals and regulatory requirements.
  • Prioritize features and enhancements based on customer needs, market trends, and business impact.
  • Work closely with engineering, trading, data science, compliance, legal, and operations teams to design and implement risk management solutions.
  • Coordinate with stakeholders to gather requirements, define product specifications, and ensure successful delivery of risk products.
  • Facilitate communication and collaboration across departments to drive project success.
  • Utilize your knowledge of advanced risk management processes and metrics to develop effective risk monitoring, alerting, and management strategies.
  • Ensure that risk management systems comply with industry standards and regulatory requirements.
  • Understand different levers of credit, market and liquidity risk and best practices to manage and mitigate risk.
  • Engage with clients to understand their risk management needs and challenges.
  • Gather feedback and insights to inform product development and enhance the user experience.
  • Provide training and support to clients on using risk management tools effectively.
  • Leverage data analytics to drive product decisions and measure the impact of risk management solutions.
  • Conduct market research and competitive analysis to stay informed about industry trends and best practices.
  • Use data to continuously improve risk products and processes.
  • Manage the end-to-end product lifecycle, from ideation to launch and post-launch optimization.
  • Create detailed project plans, set milestones, and track progress to ensure timely delivery.
  • Identify and mitigate risks to project timelines and deliverables.

FalconX operates an institutional crypto trading platform that focuses on the needs of financial institutions dealing with digital assets like Bitcoin and Ethereum. The platform simplifies the trading process by providing clear price discovery and efficient trade execution, allowing institutions to buy and sell cryptocurrencies without concerns about price discrepancies or hidden fees. Trusted by major financial institutions, FalconX tailors its services to hedge funds, asset managers, and proprietary trading firms, ensuring their specific requirements are met. The company offers a range of services including trade execution, credit, treasury management, market making, and prime services, generating revenue through these specialized offerings. FalconX aims to provide a reliable and efficient trading experience for institutional clients in the rapidly evolving crypto market.

Company Stage

Series D

Total Funding

$415.4M

Headquarters

San Mateo, California

Founded

2018

Growth & Insights
Headcount

6 month growth

12%

1 year growth

38%

2 year growth

55%
Simplify Jobs

Simplify's Take

What believers are saying

  • FalconX's partnerships, such as with SignalPlus and Avail, enhance its service offerings and market reach.
  • The company's ability to attract top talent, like Ravi Doshi, strengthens its leadership and expertise in the crypto trading space.
  • FalconX's significant funding and backing from notable investors like GIC and Adams Street Partners provide a strong financial foundation for growth.

What critics are saying

  • Regulatory scrutiny, as evidenced by the $1.7 million fine from the CFTC, could pose ongoing challenges.
  • The highly competitive nature of the crypto trading market requires continuous innovation to maintain a leading position.

What makes FalconX unique

  • FalconX's focus on institutional clients sets it apart from many crypto trading platforms that cater to retail investors.
  • The company's comprehensive suite of services, including trade execution, credit, and treasury management, offers a one-stop solution for financial institutions.
  • FalconX's rapid product innovation and high praise for product velocity make it a standout in the fast-evolving crypto market.

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