Galaxy→
Market Risk Associate at Galaxy in New York, NY
Entry LevelOn-siteFull-timeNew York, NY$110k–$130k/yr
Skills
market risk managementquantitative analysispython codingfinancial products knowledgecrypto products knowledgeanalytical skillsinterpersonal skillscommunication skillsdetail-oriented
Job Description
Summary: Galaxy is a global leader in digital assets and data center infrastructure, delivering innovative solutions in finance and AI. The Market Risk Associate will contribute to risk management efforts by identifying and mitigating potential risks, while collaborating with the trading team to align risk management practices with investment objectives.
Responsibilities:
- 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
Required Qualifications:
- 18+ months of post-grad, full-time professional experience in risk management or a related field within the finance/crypto industry (for analyst level)
- 4-5+ years of post-grad, full-time professional experience in risk management or a related field within the finance/crypto industry (for associate level)
- Knowledge of financial products and crypto products
- Bachelor's degree or higher in a technical or quantitative discipline
- Detail-oriented, strong analytical, interpersonal, and communication skills
- Proficiency in Python coding
Preferred Qualifications:
- Advanced degree
Required Skills: Market risk management, Quantitative analysis, Python coding
Important Skills: Financial products knowledge, Crypto products knowledge
Nice-to-Have Skills: Analytical skills, Interpersonal skills, Communication skills, Detail-oriented
Benefits: 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
Benefits
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