Markets and Risk Operations Associate

Summary

The job is for a Markets and Risk Operations Associate at Bitstamp who will manage various financial products while ensuring regulatory compliance. The role offers remote work and various benefits including incentives, sports and cultural activities, pet-friendly offices, team building events, and Bitstamp parties.

Requirements

• Ability to make discretionary decisions based on research
• Ability to handle multiple queues covering a variety of tasks with a sense of urgency and follow-through
• Strong working knowledge of Crypto markets, Foreign Exchange, Derivatives is an advantage
• Readiness to work in shifts
• Clear communication skills
• Ability to work in a fast-paced environment and handle pressure with composure
• Understanding the numbers in-depth, validating the data to ensure accuracy

Responsibilities

• Own or have oversight of all inputs into the process of generating accurate reporting
• Participate in various middle office projects related to optimization
• Coordinate the various stakeholders
• Own & Support Derivatives products & processes (monitoring of risk, exposure, escalation area, manual selling of collateral)
• Monitoring of derivatives platform & risks associated with derivatives trading
• Own & Support OTC product & processes (RFQ approving and adding assets, OTC RFQ second level of unsettled trades with dealers’ decision-making area)
• Own & Support PTS product & processes (approval of assets, credit lines, accounts and setup of account, manual selling of collateral)
• PTS second level of unsettled PTS accounts decision making area
• Own & Support Earn products & processes (asset recalls, liquidity nudging, feedback, escalations, reconciliation)
• Own & Support SimpleBuy product & processes (enabling of assets, monitoring spread results by asset, changing spread, minimum spread, etc.)
• Off-exchange settlement monitoring & execution
• Build and maintain relationships with clients trading on derivatives platform
• Partnership risk reviews, PTS client risk reviews, OEL client risk reviews
• Support reporting and monitoring of metrics and Key Risk Indicators (KRI) related to derivatives, OTC and PTS
• Regulatory numeric reporting

Benefits

• Work from home or other location that allows you to be most productive
• Generous home-office allowances upon joining to help set up your home space
• Incentives: Financial Rewards, Bitstamp Employee Annual Awards, Employee Incentive program (EIP) etc
• Sports and cultural activities, pet-friendly offices, a full fridge, teambuilding events, Bitstamp parties