Full-Time
Manager – Finance Operations
Banking and Risk
Confirmed live in the last 24 hours
sFOX
51-200 employees
Cryptocurrency trading platform with deep liquidity
Senior, Expert
Remote in USA
- Advanced knowledge of and interest in Bitcoin
- Bachelor's degree in Finance, Accounting, or a related field (advanced degree preferred)
- Minimum of 5 years of experience in finance, operations, or a similar role
- Strong communication and relationship-building abilities. Existing relationships in banking are a plus.
- Strong understanding of global banking practices and regulations
- Proven experience in managing ACH transactions and banking operations
- Expertise in treasury management and risk mitigation strategies
- Excellent analytical and problem-solving skills
- Attention to detail and ability to work in a fast-paced environment
- Establish and maintain strong relationships with global banking partners
- Negotiate favorable terms and conditions for banking services
- Serve as a primary point of contact for bank-related matters
- Monitor and report on the performance of banking relationships
- Manage and improve banking and ACH operations
- Develop and execute treasury management strategies to optimize cash flow and liquidity
- Monitor and forecast cash positions, ensuring sufficient funds are available for operational needs
- Manage foreign currency exposure and hedging activities
- Prepare treasury reports and provide insights to senior management
- Identify, assess, and mitigate financial and operational risks, including ACH chargeback risks
- Develop and implement fraud prevention and detection strategies
- Monitor transactions for suspicious activities and investigate potential fraud cases
- Collaborate with legal and compliance teams to ensure adherence to relevant regulations
SFOX offers a cryptocurrency trading platform that serves individual traders, hedge funds, financial advisors, and large financial institutions. The platform provides access to deep liquidity and competitive pricing by aggregating liquidity from multiple sources, allowing clients to execute trades efficiently. SFOX ensures a secure trading environment with patented wallet technology and compliance measures, which is crucial for clients concerned about asset safety. The company aims to be a leader in the cryptocurrency market by delivering a reliable and customizable trading experience.
Company Stage
Series A
Total Funding
$23.2M
Headquarters
San Francisco, California
Founded
2014
6 month growth
↓ -3%1 year growth
↓ -1%2 year growth
↑ 19%
Simplify's Take
What believers are saying
- The launch of 'sFOX Connect' positions the company as a comprehensive service provider, potentially attracting a broader range of financial services businesses.
- SFOX's focus on security and compliance, backed by patented technology, makes it a trusted platform for large financial institutions and hedge funds.
- The company's ability to offer deep liquidity and competitive pricing through a single account can lead to increased client satisfaction and retention.
What critics are saying
- Increased scrutiny from regulatory bodies like the IRS could lead to compliance challenges and potential legal issues.
- The highly volatile nature of the cryptocurrency market poses inherent risks that could impact SFOX's financial stability and client trust.
What makes sFOX unique
- SFOX aggregates liquidity from multiple sources, providing clients with access to the best possible trading conditions, unlike competitors who may rely on single or limited liquidity sources.
- The company's patented and insured wallet and custody technology offers a level of security trusted by billion-dollar institutions, setting it apart in a market where security concerns are paramount.
- SFOX's advanced trading algorithms and API integration capabilities cater to the specific needs of hedge funds and financial institutions, offering a level of customization that many competitors lack.