Full-Time

Head of Product

Posted on 6/13/2024

FalconX

FalconX

201-500 employees

Institutional crypto trading platform for financial institutions

Fintech
Crypto & Web3

Compensation Overview

$244k - $351kAnnually

+ Performance Linked Bonus + Equity

Senior, Expert

San Francisco, CA, USA + 1 more

More locations: New York, NY, USA

Preference for applicants located in California.

Category
Product Management
Product
Required Skills
Market Research
Product Management
Data Analysis
Requirements
  • Track record delivering material company-level outcomes, setting and achieving product goals and objectives
  • Experience managing and leading a team of Product Managers, fostering a collaborative and high-performance culture
  • Strong knowledge of the institutional crypto industry, including regulatory frameworks, and emerging technologies
  • In-depth understanding of crypto market structure
  • Experience in building, managing and/or using electronic trading and/or market making systems across financial instruments, preferably in crypto
  • Excellent collaboration and communication skills, with the ability to effectively work with cross-functional teams, stakeholders, and senior management
  • Analytical and data-driven mindset, with the ability to conduct market research, analyze user feedback, and translate insights into actionable product requirements
  • Strong problem-solving and decision-making abilities, with the capacity to navigate complex challenges and make strategic product decisions
Responsibilities
  • Lead and manage a team of ~20 Product Managers and UX Designers, fostering a high-performance culture and driving continuous improvement in the team's outputs and quality
  • Deeply understand and articulate customer pain points to ensure our products meet their needs and provide value
  • Drive long term roadmap confidence and clarity across the organization and with the board
  • Align cross-functional teams on priorities and roadmap, ensuring clarity and focus, and deliver against clearly defined Key Performance Indicators (KPIs) and Objectives
  • Conduct market research and competitive analysis to identify market opportunities and customer needs, informing product strategy
  • Collaborate with cross-functional teams to ensure successful product launches, coordinating efforts for seamless execution
  • Oversee the end-to-end product development process, ensuring timely delivery of product features and enhancements.
  • Define and track key product metrics to measure success and drive continuous improvement in product performance and user satisfaction

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 fast-evolving crypto market.

Company Stage

Series D

Total Funding

$415.4M

Headquarters

San Mateo, California

Founded

2018

Growth & Insights
Headcount

6 month growth

8%

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 substantial funding of $477 million supports expansion and innovation.

What critics are saying

  • FalconX faces increased competition from new entrants like Arbelos Markets.
  • Regulatory scrutiny is a concern, highlighted by a recent $1.7 million CFTC fine.
  • The cryptocurrency market's volatility can impact FalconX's trading volumes and profitability.

What makes FalconX unique

  • FalconX offers seamless price discovery and trade execution for institutional clients.
  • The platform eliminates slippage and hidden fees, enhancing trading efficiency.
  • FalconX provides a comprehensive suite of services including market making and treasury management.

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