Risk Associate/VP, Trading
Job Description
Who We Are:
At Galaxy we are building products and services to help the world invest in economic progress. We believe crypto and blockchain innovations will permeate and improve all aspects of our global economy. Our vision is a society where value and ownership flow as freely as information. Galaxy is a digital asset and blockchain leader helping institutions, startups, and individuals access and navigate the crypto economy. As one of the most well-capitalized and trusted companies in the industry, we provide platform solutions custom-made for a digitally native ecosystem across multiple synergistic business lines: Trading, Asset Management (passive and active strategies), Principal Investments, Investment Banking Services, and Mining. Galaxy’s CEO and Founder Michael Novogratz leads a team of crypto enthusiasts, and institutional veterans focused on the future of finance and Web3. The Company is headquartered in New York City, with offices in Chicago, Bahamas, London, Amsterdam, Tokyo, Hong Kong, the Cayman Islands (registered office), and New Jersey.
Additional information about the Company's businesses and products is available on www.galaxy.com.
What We Value:
We are a diverse team of free thinkers, and fast movers united to help investors and creators energize the global economy. We are looking for individuals who thrive in a culture of builders and overachievers and embrace high performance, transparent feedback, and a mission-first approach. Our culture shapes our way of working and gets us where we want to be.
- Seek Excellence.
- Be Selective To Be Effective.
- Be Highly Aligned, Loosely Coupled.
- Disagree Transparently.
- Encourage Independent Decision-Making.
- Build Dream Teams.
Who You Are:
Our trading business, Galaxy Digital Trading (“GDT”), provides spot, derivates, and financing to institutional clients, counterparties and venues that transact in cryptocurrencies and other digital assets. GDT provides access to a number of globally traded cryptocurrencies to many unique clients and counterparties across a full suite of service offerings, including: over-the-counter (“OTC”) spot liquidity provision, on- exchange liquidity provision, OTC options and trading, and bespoke lending and structured product offerings. GDT also engages in proprietary quantitative, arbitrage and macro trading strategies.
Candidate sought for risk manager role within Galaxy's risk management team. The candidate should have prior work experience in market risk management and deep knowledge of digital assets. Your role is to collaborate with portfolio managers and traders on portfolio construction, investment and risk analysis and ensure that the CRO and senior management is informed of the risks.
What You’ll Do:
- Collaborate with CRO and Risk managers to establish risk management framework for Galaxy’s Trading businesses
- Identify, measure, and manage market and operational risks across Galaxy’s multiple business lines
- Leverage on-chain information to enable data driven decision making and risk management
- Build tools to extract information from DeFi protocols
- Assist in the development and maintenance of systems to calculate risk metrics
- Communicate with risk takers to assess positions and volatility
- Produce risk reports for risk takers, risk managers, and senior management
- Analyze, assess, visualize and report risks to CRO, and senior management
- Monitor risks across multiple time zones
What We’re Looking For:
- 4+ years of experience (finance or development)
- Deep knowledge of Digital Assets and DeFi
- Degree in finance, computer science or other quantitative subjects
- Experience in Python, SQL, and Excel
- Good communication skills and is a critical thinker
Bonus Points:
- Experience with financial data and processes
- Prior experience in a market risk management or a risk taking role
- Knowledge of market
What We Offer:
- Competitive base salary, bonus, and equity compensation
- Flexible Time Off (paid)
- 3% 401(k) company contribution
- Company-paid health and protective benefits for employees, partners, and other dependents
- Generous paid Parental Leave
- Free virtual coaching and counseling sessions through Ginger
- Opportunities to learn about the Crypto industry
- Free daily snacks in-office
- Smart, entrepreneurial, and fun colleagues
- Employee Resource Groups
*Benefits may vary depending on location.
Apply now and join us on our mission to engineer a new economic paradigm.
The base salary ranges included below will be commensurate with candidate experience, expertise and local market. Final offer amounts are determined by multiple factors, including candidate experience and expertise. At Galaxy, we maintain a total compensation philosophy which consists of a competitive base salary, annual bonus, and equity incentives.
Base Salary Range
$150,000—$185,000 USD
Company Overview
Our offerings include, amongst others, trading, lending, strategic advisory services, institutional-grade investment solutions, proprietary bitcoin mining and hosting services, network validator services, and the development of enterprise custodial technology.