Simplify Logo

Full-Time

Director of Security

Posted on 6/6/2024

FalconX

FalconX

201-500 employees

Institutional crypto trading platform for financial institutions

Fintech
Crypto & Web3

Compensation Overview

$250k - $340kAnnually

+ Performance-linked Bonus + Equity

Expert

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.

Category
Cybersecurity
IT & Security
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 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

$427M

Headquarters

San Mateo, California

Founded

2018

Growth & Insights
Headcount

6 month growth

18%

1 year growth

36%

2 year growth

50%
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?

INACTIVE