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Full-Time

Associate/VP

Product Manager, Risk Management Solutions, New York

Confirmed live in the last 24 hours

Galaxy

Galaxy

501-1,000 employees

Provides secure investment solutions for cryptocurrencies

Fintech
Financial Services

Compensation Overview

$140k - $185kAnnually

+ Bonus + Equity Incentives

Junior, Mid

New York, NY, USA

Category
Product Management
Product
Required Skills
Market Research
Inventory Management
Data Analysis
Requirements
  • Bachelor’s degree in Finance, Business Administration, Risk Management, Computer Science, or a related field. Master’s degree is preferred.
  • 2+ years of experience in risk product management, ideally in traditional finance, or cryptocurrency domains.
  • Familiarity with equities and derivatives (Forwards, Options, Swaps, etc.) product lifecycles.
  • Technical background, especially in risk management software or tools, is highly advantageous.
  • Excellent analytical, problem-solving, and decision-making skills.
  • Strong communication skills, with the ability to collaborate effectively with cross-functional teams.
  • Ability to handle multiple projects simultaneously and work under pressure.
Responsibilities
  • Collaborate with the risk team in defining and maintain risk measures (VaR, PFE, CCE, greeks, and stress testing).
  • Work with trading teams to setup and maintain portfolio structures, traded instruments, and reference data.
  • Develop and enhance credit management and inventory management tools.
  • Work closely with technical teams to design and implement risk management solutions.
  • Conduct comprehensive market research to stay updated with the latest trends and practices in risk management.
  • Assist in managing the product lifecycle, from concept to launch, ensuring alignment with business objectives and market needs.
  • Analyze and interpret complex data to inform product development strategies.
  • Liaise with various stakeholders to gather requirements and feedback, ensuring product efficacy and relevance.

Galaxy.com provides access to cryptocurrencies and blockchain-based assets, primarily targeting institutional clients such as companies and investors. Their investment solutions include both passive funds, which allow for exposure to digital assets without active management, and active funds managed by experienced crypto experts. This dual approach caters to the varying needs of sophisticated investors. Galaxy.com generates revenue through management fees on assets under management and offers secure, end-to-end solutions for managing blockchain assets without third-party custody. They also prioritize education and research, partnering with data providers like Bloomberg to deliver reliable information and offering resources like masterclasses to help clients understand digital assets. The company's goal is to lead in the digital asset space by providing secure, expertly managed investment options and comprehensive educational support.

Company Stage

IPO

Total Funding

$523M

Headquarters

New York City, New York

Founded

2018

Growth & Insights
Headcount

6 month growth

8%

1 year growth

25%

2 year growth

38%
Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition of CryptoManufaktur expands Galaxy's Ethereum staking portfolio, enhancing their blockchain infrastructure capabilities.
  • Collaborations with major financial institutions like State Street to develop active crypto trading products indicate strong growth potential and market influence.
  • Galaxy Ventures' involvement in funding innovative projects like Renzo and Plume Network showcases their commitment to advancing the digital asset ecosystem.

What critics are saying

  • The rapidly evolving and highly competitive digital asset market requires continuous innovation to maintain a competitive edge.
  • Dependence on the volatile cryptocurrency market can lead to significant fluctuations in revenue and client interest.

What makes Galaxy unique

  • Galaxy.com focuses on institutional clients, offering both passive and active investment funds tailored to sophisticated investors, unlike many competitors who target retail investors.
  • Their end-to-end solutions for managing blockchain-based assets without third-party custody services provide a unique value proposition in terms of security and reliability.
  • Partnerships with trusted data providers like Bloomberg enhance their educational resources, setting them apart as a knowledge leader in the digital asset space.

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