Risk Management Associate, Technical Projects
FalconX is a pioneering team of operators, investors, and builders committed to revolutionizing 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 comprehensive solution for all digital asset strategies from start to scale, FalconX operates as the connective tissue empowering clients with seamless navigation through the ever-evolving cryptocurrency landscape.
As a Risk Management Associate, you will play a critical role in managing risks associated with our trading activities while ensuring the timely delivery of strategic risk initiatives. You will bridge the gap between risk strategy and technical execution, coordinating projects that align with FalconX’s global objectives. Your expertise will help build robust in-house risk capabilities, ensuring FalconX maintains its competitive edge while safeguarding against market and operational risks.
In this role, you will conduct comprehensive risk assessments specifically for derivatives products and crypto assets, proactively identifying potential vulnerabilities in trading strategies. You will develop and implement bespoke risk metrics and monitoring tools tailored to the derivatives portfolio to ensure accurate assessment of exposure. Additionally, you will perform rigorous stress tests on the portfolio to evaluate resilience under adverse market conditions and potential worst-case scenarios. Collaborating closely with traders and portfolio managers, you will develop and implement risk mitigation strategies, such as hedging and diversification techniques specific to derivatives. You will also plan, execute, and oversee strategic risk management projects from inception to completion, ensuring they align with global risk strategies. Acting as the primary bridge between the Risk team and other departments—specifically Product, Engineering, Trading, and Compliance—you will facilitate communication to ensure cohesive project execution and ensure that technical builds meet the specific needs of the Risk function. Identifying opportunities to enhance efficiency by automating manual risk assessment and reporting procedures, you will evaluate and implement new technologies and tools that improve the effectiveness of the risk framework. Monitoring project progress continuously, you will identify potential execution risks early and implement mitigation strategies to ensure success. Providing technical oversight to project teams, you will ensure adherence to best practices and industry standards.
To be successful in this role, you should have a Bachelor’s degree in Finance, Computer Science, Engineering, or a related field. You should have 3–5+ years of experience in risk management or technical project management, preferably within financial services, fintech, or a financial services start-up. A strong understanding of digital asset trading (spot & derivatives) and relevant risk management practices is essential. Excellent organizational and multitasking skills, with the ability to manage multiple projects simultaneously and prioritize tasks, are required. Strong verbal and written communication skills, with the ability to facilitate coordination between diverse departments, are necessary. You should be self-motivated, highly independent, and capable of maintaining a high level of accuracy in a dynamic environment.
Base pay for this role is expected to be between $102,000 - $128,000 USD for New York City. This expected base pay range is based on information at the time this post was generated. This role will also be eligible for other forms of compensation such as a performance-linked bonus, equity, and a competitive benefits package. Actual compensation for a successful candidate will be determined based on a number of factors such as location, skillset, experience, and qualifications.
At FalconX, you'll have a significant influence on the broader success of the digital asset landscape. Some of the largest financial institutions from Wall Street to Silicon Valley and around the world will turn to you for the best market prices and insights on the crypto industry. You will become an expert on crypto industry trends and market movements. With your experience, you will help shape our company’s trading strategies according to our core values - speed, transparency, and trust.