Trade Operations Associate at FalconX

Bengaluru, Karnataka, India

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Cryptocurrency, Financial Services, Digital AssetsIndustries

Requirements

4 - 8 years of experience in a trading firm, hedge fund or Investment Bank
Superb self-management skills - you love organizing your work with the help of checklists and measuring your progress
Previous experience working in fast-paced, high-pressure environment
Any Graduate
Desire to become an expert on digital assets such as Bitcoin and Ethereum
Gain an understanding of the broader responsibilities of cryptocurrency trade operations and the life cycle of institutional trading
Ability to multitask and prioritize
Management of critical day-to-day functions

Responsibilities

Handle all incoming counterparty settlement requests within a pre-agreed timeframe. Act as a point of contact for a portfolio of counterparties. Track towards assigned KPIs for trade operations
Work in concert with Trading Desk, Product, and Customer Success teams to understand and deliver on their expectations with regards to serving clients
Ensure trades, transfers and inventory reconciliation happens across different internal subsystems and external systems - banks, custodians, etc
Monitor daily inventory needs for - settlement, lending & borrowing activity- and liaise directly with Treasury Management
Provide inputs to compliance and risk teams to design pragmatic controls in this environment of changing regulatory landscape
Adhere to established trade operations processes designed for regulatory compliance
Liaise with Accounting and ensure proper trade and settlement data is provided to them on a timely basis
Perform reconciliations between internal systems and external to ensure data integrity, identify breaks and resolve them by working with relevant teams
Improve reconciliation processes, provide inputs in making them robust or/and identify gaps in current reconciliations so that there is completeness

Skills

Key technologies and capabilities for this role

Trade SettlementReconciliationInventory ManagementComplianceRisk ManagementTreasury ManagementCounterparty ManagementData IntegrityKPI TrackingAccounting Reconciliation

Questions & Answers

Common questions about this position

What experience level is required for the Trade Operations Associate role?

The role requires 4-8 years of experience in a trading firm, hedge fund, or investment bank.

What key skills are needed for this position?

Candidates need superb self-management skills, experience in fast-paced high-pressure environments, and a desire to become an expert on digital assets like Bitcoin and Ethereum. The ability to multitask and prioritize is also essential.

Is the salary or compensation mentioned for this role?

This information is not specified in the job description.

What is the work location or remote policy for this position?

This information is not specified in the job description.

What makes a strong candidate for the Trade Operations Associate role?

A strong candidate has 4-8 years in trading firms or similar, excels in self-management with checklists, thrives in high-pressure settings, and shows strong interest in digital assets, with multitasking abilities.

FalconX

Institutional crypto trading platform for financial institutions

About FalconX

FalconX is an institutional crypto trading platform that simplifies the trading of digital assets like Bitcoin and Ethereum for financial institutions. It provides clear price discovery and efficient trade execution, allowing clients to trade without concerns about hidden fees. The platform is trusted by major financial institutions and offers tailored services such as trade execution, credit, and treasury management. FalconX aims to deliver a reliable and comprehensive trading experience for institutional investors in the digital asset market.

San Mateo, CaliforniaHeadquarters

2018Year Founded

$415.4MTotal Funding

SERIES_DCompany Stage

Fintech, Crypto & Web3Industries

201-500Employees

Benefits

Hybrid Work Options

Performance Bonus

Company Equity

Risks

Increased competition in crypto derivatives could pressure FalconX's profit margins.

Regulatory scrutiny may impact the adoption of FalconX's auto-liquidation service in APAC.

Expansion into FX market may lead to integration challenges and operational risks.

Differentiation

FalconX eliminates slippage and hidden fees using advanced data science techniques.

The platform is trusted by major financial institutions for its reliability and effectiveness.

FalconX offers a comprehensive suite of services tailored for institutional clients.

Upsides

Acquisition of Arbelos Markets strengthens FalconX's position in the crypto derivatives market.

Launch of auto-liquidation service enhances capital efficiency for APAC crypto miners.

New FX desk in London expands FalconX's service offerings into traditional markets.

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