Who are we

FalconX is a pioneering team of operators, investors, and builders committed to revolutionising institutional access to the crypto markets. Operating at the intersection of traditional finance and cutting-edge technology, FalconX addresses the industry's foremost challenges: Navigating the digital asset market can be complex and fragmented, with limited products and services that support trading strategies, structures, and liquidity found in conventional financial markets.

As a Market Risk Manager, you will be instrumental in managing and mitigating market risks associated with derivatives trading at FalconX. Your experience in derivatives risk management and understanding of regulatory environments will help FalconX effectively serve global institutional clients through effective risk management.

Responsibilities:

Risk Assessment: Conduct comprehensive assessments of market risks, particularly those related to derivatives products across FalconX's relevant entities, clients and trading activity
Trend Analysis: Analyse market trends, price movements, and regulatory developments to assess their impact on the company's risk position, escalating to the appropriate stakeholders as needed back on market changes
Risk Metrics Development: Develop and implement risk metrics and monitoring tools tailored to the derivatives portfolio across FalconX's relevant entities, clients and trading activity
Stress Testing: Perform stress tests on the derivatives portfolio to evaluate its resilience under adverse market conditions
Regulatory Compliance: Ensure compliance with relevant regulations, particularly those affecting derivatives trading, and update practices accordingly
Reporting: Prepare detailed risk reports for senior management, highlighting key exposures and trends

Required Qualifications:

9-17 years of experience in market risk management, with significant exposure to derivatives trading is a must.
Bachelor's degree in Finance, Economics, or a related field
Experience working at a major bank or in the crypto firm is strongly preferred
Good to have experience in Cryptocurrency/blockchain/web3 or Defi.
Strong analytical skills and attention to detail
Excellent verbal and written communication skills
Bonus: Experience working with an NFA or CFTC regulated entity

Success:

Risk Mitigation: Effectively manage market risks, ensuring the firm's financial stability and operational resilience.
Regulatory Excellence: Maintain compliance with all relevant regulations, minimising compliance risks.
Strategic Insights: Provide actionable insights to inform risk management strategies and support decision-making