Full-Time

Director of Security

Posted on 6/6/2024

FalconX

FalconX

201-500 employees

Institutional crypto trading platform for financial institutions

Compensation Overview

$250k - $340k/yr

+ Performance-linked Bonus + Equity

San Francisco, CA, USA + 1 more

More locations: New York, NY, USA

This role requires onsite presence in San Francisco Bay Area and New York City.

This role requires onsite presence in San Francisco Bay Area and New York City.

This role requires onsite presence in San Francisco Bay Area and New York City.

Category
đź”’IT & Security (1)
Required Skills
Communications
Requirements
  • Minimum of 10 years of experience in security, focusing on product or infrastructure security and incident management.
  • Strong knowledge of security architecture, detection, monitoring, and incident response.
  • Proven track record in leading security initiatives in the FinTech or related industries.
  • Familiarity with cloud security best practices and architectures.
  • Proficient in the latest cybersecurity technologies and tools.
  • Excellent leadership and communication skills.
  • Relevant certifications such as CISSP, CISM, or CISA are highly desirable.
  • Bachelor's degree in Computer Science, Information Security, or a related field. Advanced degrees are a plus.
Responsibilities
  • Lead the development and execution of comprehensive security strategies for infrastructure or application security, ensuring alignment with industry best practices.
  • Collaborate with engineering and product teams to embed security best practices into the development lifecycle.
  • Develop and maintain incident response plans and procedures, ensuring they are up-to-date and effective.
  • Manage and coordinate incident response activities, ensuring timely and effective handling of security incidents.
  • Work with the team on developing and implementing incident detection and response strategies.
  • Conduct regular training and drills for the incident response team and other relevant staff.
  • Collaborate with cross-functional teams to integrate security practices into product development and operational processes.
  • Serve as a liaison to communicate emerging risk information to and from the business units.
  • Direct the evaluation, deployment, and management of security technologies and tools.
  • Manage a small team of security engineers in this role.
  • Foster a culture of continuous learning, improvement, and innovation within the Security team.
  • Stay current with emerging security threats, technologies, and trends, adjusting strategies accordingly.

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 meet the specific requirements of clients such as hedge funds and asset managers. 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 investors in the rapidly changing crypto market.

Company Size

201-500

Company Stage

Series D

Total Funding

$427M

Headquarters

San Mateo, California

Founded

2018

Simplify Jobs

Simplify's Take

What believers are saying

  • FalconX plans to launch an IPO in 2025, indicating growth and expansion potential.
  • The launch of Focal enhances decision-making for institutional investors using AI technology.
  • Partnership with L1 broadens client base by offering innovative investment products.

What critics are saying

  • Increased competition from platforms like L1 could erode FalconX's market share.
  • Regulatory challenges in the Australian market may affect FalconX's expansion plans.
  • Reliance on partnerships for liquidity provision poses risks if partnerships are disrupted.

What makes FalconX unique

  • FalconX eliminates slippage and hidden fees using advanced data science techniques.
  • The platform is trusted by major financial institutions for its reliability and effectiveness.
  • FalconX offers a comprehensive suite of services tailored for institutional clients.

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Benefits

Hybrid Work Options

Performance Bonus

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

↑ 2%

1 year growth

↑ 2%

2 year growth

↑ 0%
BBX
Jun 19th, 2025
FalconX plans to launch an IPO in 2025 and has begun preliminary negotiations

FalconX plans to launch an IPO in 2025 and has begun preliminary negotiations.

PR Newswire
Jun 11th, 2025
L1 Launches Onchain High-Alpha Strategies Managed By Crypto-Native Hedge Funds

Platform Democratizes Access to Investment Strategies Traditionally Reserved for Institutions and the Ultra-High-Net-WorthCrypto-Native Hedge Funds Available Through Partnerships with Fasanara Digital, FalconX and Bastion Trading, with More Launching SoonMIAMI, June 11, 2025 /PRNewswire/ -- L1 , the operating system for onchain wealth and asset management, today announced that its platform now supports high-alpha strategies managed by crypto-native hedge funds, democratizing access to investment products usually reserved for institutions and ultra-high-net-worth individuals."Hedge funds have traditionally catered to those who can afford million-dollar minimums, locking out countless investors," said Miguel Kudry, L1 CEO and Co-Founder. "By bringing strategies onchain and streamlining onboarding, custody, and operational hurdles, L1 is redefining access to high-alpha strategies, making them more accessible to a wider range of investors and the advisors who serve them."Through compliant smart contract vaults, L1 is enabling fund managers to tokenize their strategies, radically shifting how investors interact with and redeem from these sophisticated investment vehicles. This means accredited investors can complete KYC instantly, subscribe to a strategy their RIA recommended within minutes and receive tokenized fund shares directly into their wallet.The platform also features a clever portfolio construction tool where portfolio sleeves consisting of liquid tokens, yield-generating vaults, and actively managed strategies can make up a broader multi-strategy mandate.L1 is going live with products from hedge-fund manager Fasanara Digital , institutional crypto prime brokerage FalconX , and proprietary trading firm Bastion Trading , with a growing roster of managers set to follow."We're excited to collaborate with L1 to bring sophisticated hedge fund strategies within reach of financial advisors and a new wave of investors," said Louis Stewart, Managing Partner and Head of Technology at Fasanara Digital. "Together, we're shaping a new investor experience that's accessible, transparent, and impactful."By lowering investment minimums and standardizing the allocation workflow across the entire inventory of managers and strategies, L1 enables advisors to create their own multi-strategy model portfolios, effectively giving them access to the same diversification benefits as fund-of-funds, without the expensive infrastructure.Whereas hedge funds can often be opaque, L1 brings strategies, disbursements, and redemptions onchain, giving investors real-time reporting on their positions and strategy performance. Investors no longer need to wait for a quarterly performance report or investor letter.Participation in traditional hedge funds can take weeks from introduction to capital deployment. L1's platform significantly reduces that time through smart contract–based subscription flows and use of Keyring's zero-knowledge proof technology for onchain identity verification and compliance

Person County Life
Jun 4th, 2025
Monarq Asset Management Announces Strategic Investment From FalconX

NEW YORK, June 2, 2025 /PRNewswire/ -- Monarq Asset Management ("Monarq"), a leading multi-strategy investment firm, formerly known as MNNC Group, today announced a strategic investment from FalconX, a leading

Bloomberg
May 27th, 2025
Cantor Fitzgerald’s $2B Bitcoin-Backed Lending Arm Makes First Deals

Cantor Fitzgerald LP kicked off a $2 billion Bitcoin-backed lending initiative by providing financing to crypto firms FalconX Ltd. and Maple Finance, according to the three companies.

Finance Magnates
Apr 28th, 2025
Aussie Crypto Provider to Offer Derivatives with Prime Brokerage FalconX Partnership

Australia-licensed MHC Digital Group has inked a partnership deal with the crypto prime broker FalconX to provide digital asset derivatives to the Australian wholesale market.

INACTIVE