Risk Management Associate, Technical Projects

Who are we?

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.

Impact

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.

Responsibilities

Core Risk Management:

• Risk Assessment & Analysis: Conduct comprehensive risk assessments specifically for derivatives products and crypto assets, proactively identifying potential vulnerabilities in trading strategies. You will analyze derivatives market trends, price movements, and regulatory developments to accurately assess their impact on the company's portfolio.
  
  
• Monitoring & Reporting: Develop and implement bespoke risk metrics and monitoring tools tailored to the derivatives portfolio to ensure accurate assessment of exposure. You will prepare detailed risk reports for senior management that highlight key exposures, trends, and performance metrics, ensuring complex concepts are communicated clearly.
  
  
• Stress Testing & Modeling: Perform rigorous stress tests on the portfolio to evaluate resilience under adverse market conditions and potential worst-case scenarios. You will also regularly review and refine risk models and methodologies to maintain their relevance and accuracy in a fast-changing market.
  
  
• Mitigation Strategies: Collaborate closely with traders and portfolio managers to develop and implement risk mitigation strategies, such as hedging and diversification techniques specific to derivatives. You will evaluate and recommend risk-reducing trades to ensure optimal financial outcomes.
  
  

Technical Project Management:

• End-to-End Project Execution: Plan, execute, and oversee strategic risk management projects from inception to completion, ensuring they align with global risk strategies. You will define project scope, gather requirements, and establish strict timelines to ensure timely delivery of risk-related initiatives.
  
  
• Cross-Functional Coordination: Act 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.
  
  
• Process Automation & Technology: Identify 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.
  
  
• Oversight & Delivery: Monitor project progress continuously, identifying potential execution risks early and implementing mitigation strategies to ensure success. You will provide technical oversight to project teams, ensuring adherence to best practices and industry standards.
  
  

Success in This Role

• Builder Mindset: You will help build in-house Risk Management capabilities, streamlining and consolidating processes to ensure real-time, accurate risk information is available to all stakeholders.
  
  
• Adaptability: You demonstrate passion for working in a dynamic business environment with the enthusiasm to learn and grow within the digital assets industry.
  
  
• Collaboration: You work effectively with all teams (Trading, Research, Compliance, Legal) to ensure a holistic approach to risk management and achieve optimal financial outcomes for the organization.
  
  
• Execution: You exhibit strong multitasking abilities, working efficien