Market Risk Associate

Reposted 2 Days Ago
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New York, NY
In-Office
110K-160K Annually
Junior
Blockchain • Fintech • Financial Services • Cryptocurrency
We are the bridge between the crypto and the institutional worlds.
The Role
The Market Risk Associate will develop risk management systems, implement strategies for market risk, conduct risk assessments, and enhance reporting capabilities in relation to digital assets.
Summary Generated by Built In

Who We Are:
Galaxy is a global leader in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. We believe that blockchain and digital asset innovation will transform how value moves through the world – and we’re building the products and services to make that future a reality.
 
Our institutional digital assets platform spans trading, investment banking, asset management, staking, self-custody, and tokenization technology. We also invest in and operate cutting-edge data center infrastructure to power AI and high-performance computing, addressing the growing demand for scalable energy and compute in the U.S.
 
We work at the intersection of finance and technology, helping institutions, startups, and developers navigate a digitally native economy. Led by CEO and Founder Michael Novogratz, our team blends deep crypto expertise with institutional experience and a shared commitment to shaping the future of Web3 and AI.
 
Galaxy is headquartered in New York City, with offices across North America, Europe, the Middle East, and Asia.
 
To learn more about our businesses and products, visit 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:

The role of the Analyst of Risk Management will contribute significantly to our risk management efforts by identifying, quantifying, and mitigating potential risks that could impact our portfolio. We are seeking an ideal candidate who can positively influence our risk management practices and help navigate market volatilities through a proactive and prudent approach. This position requires a deep understanding of traditional market risk principles and the unique challenges and opportunities of digital asset markets, as well as the best way to implement and quantify each.

What You’ll Do:

  • Develop and implement a market/liquidity risk management system, and actively participate in the formulation of rules and processes related to market/liquidity risk.
  • Design and implement innovative quantitative strategies, models, and policies for market risk management, focusing on identifying, measuring, and managing market-related risks such as interest rate, currency, equity, and commodity risks, while considering the unique aspects of digital assets, including volatility, liquidity, and regulatory factors.
  • Collaborate closely with the trading team to integrate risk management practices into the decision-making process, aligning with the fund's risk appetite and investment objectives.
  • Conduct comprehensive risk assessments and scenario analyses tailored to digital asset markets, evaluating the potential impact of market, regulatory, and technological changes on the portfolio.
  • Develop and oversee advanced risk analytics and modeling techniques specific to digital assets, enhancing risk measurement and reporting capabilities.
  • Stay up to date with digital asset market trends, regulatory developments, and risk management best practices to continuously refine our risk management framework.
  • Utilize on-chain information to enable data-driven decision-making and enhance risk management practices.
  • Assist in the development and maintenance of systems to calculate risk metrics.

What We’re Looking For:

  • We are open to hiring at an analyst or associate level for this role.
    • For analyst: required 18+ months of post-grad, full-time professional experience in risk management or a related field within the finance/crypto industry. The base salary range for this level is $110,000-$130,000.
    • For associate: required 4-5+ years of post-grad, full-time professional experience in risk management or a related field within the finance/crypto industry. The base salary range for this level is $140,000-$160,000.
  • Knowledge of financial products and crypto products.
  • Bachelor's degree or higher in a technical or quantitative discipline, with an advanced degree is preferred.
  • Detail-oriented, strong analytical, interpersonal, and communication skills.
  • Proficiency in Python coding is required.

What We Offer:

  • Competitive base salary and bonus
  • Competitive paid time off
  • Company-paid health and protective benefits for employees and their eligible dependents 
  • Free virtual coaching sessions through Headspace
  • Free daily snacks in-office
  • Opportunities to learn about the Crypto industry
  • Smart, entrepreneurial, and fun colleagues

*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
$110,000$160,000 USD

Galaxy respects diversity and seeks to provide equal employment opportunities to all employees and job applicants for employment without regard to actual or perceived age, race, color, creed, religion, sex or gender (including pregnancy, childbirth, lactation and related medical conditions), gender identity or gender expression (including transgender status), sexual orientation, marital or partnership or caregiver status, ancestry, national origin, citizenship status, disability, military or veteran status, protected medical condition as defined by applicable state or local law, genetic information or predisposing genetic characteristic, or other characteristic protected by applicable federal, state, or local laws and ordinances.

We will endeavor to make a reasonable accommodation to the known limitations of a qualified applicant with a disability unless the accommodation would impose an undue hardship on the operation of our business. If you believe you require such assistance to complete the application process or to participate in an interview, please contact [email protected]

Top Skills

Python
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The Company
HQ: New York, NY
335 Employees
Year Founded: 2018

What We Do

Galaxy Digital (TSX: GLXY) is a tech-driven financial services and investment management firm that provides institutions and direct clients with a full suite of financial solutions spanning the digital assets ecosystem. Galaxy Digital operates five synergistic business lines: Trading, Asset Management, Principal Investments, Investment Banking, and Mining. Galaxy Digital's CEO and Founder is Mike Novogratz. Galaxy Digital is headquartered in New York City, with offices in Chicago, San Francisco, London, Amsterdam, Tokyo, Hong Kong, the Cayman Islands (registered office), and New Jersey.

Our mission is to drive systems change through technology. Today, we are primarily focused on digital assets, cryptocurrencies and blockchain technology, and how these technological innovations will drastically alter the way we store and transfer value.

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