Head of Market and Credit Risk
FalconX is a leading digital asset prime brokerage firm headquartered in San Mateo, California, specializing in providing comprehensive financial services to institutional investors in the cryptocurrency market. The company offers a range of services, including trading, credit, and clearing, to hedge funds, asset managers, and family offices.
The Head of Market and Credit Risk will be a pivotal member of FalconX's Risk Management group, responsible for overseeing and mitigating market and credit risks across the organization. This role requires a deep understanding of financial markets, strong leadership capabilities, and the ability to collaborate effectively with various teams, including technology, trading, legal, and operations, to ensure the firm's financial stability and operational resilience.
Key responsibilities include developing and executing firm-wide risk management strategies, conducting comprehensive assessments of market and credit risks, and overseeing the daily operations of the risk management function. The role also involves monitoring market trends, implementing risk metrics and monitoring tools, driving automation in risk monitoring, performing stress testing and scenario analysis, and ensuring compliance with relevant regulations and internal policies.
Candidates should possess a Master's degree in Finance, Economics, or a related field, with 10-15+ years of experience in risk management within financial institutions or financial services startups. Strong analytical skills, attention to detail, and the ability to interpret complex financial data are essential. Proficiency in programming languages such as Python, SQL, or R, with a focus on financial modeling and analysis, is preferred.
The base salary for this role is expected to be between $187,000 and $253,000 USD annually. FalconX offers a dynamic work environment with opportunities for growth and development in the rapidly evolving digital asset industry. The company is committed to fostering a culture of innovation, collaboration, and continuous learning.