Trade Operations Associate

Summary

Join FalconX, a leader in institutional crypto market access, as a Trade Operations Associate. You will handle counterparty settlement requests, act as a point of contact for clients, and ensure smooth trade operations across internal and external systems. Collaborate with various teams to meet client needs and maintain data integrity. Monitor inventory and provide compliance inputs. This role requires 3-5 years of experience in a trading firm, hedge fund, or investment bank, along with strong self-management skills and a graduate degree. Compensation includes a competitive base salary ($92,000-$121,000 USD), performance-linked bonus, equity, and a benefits package.

Requirements

• 3-5 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
• Graduate degree (open to all any majors)
• Desire to become an expert on digital assets such as Bitcoin and Ethereum

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

Benefits

• Base pay for this full-time position is expected to be between $92,000 - $121,000 USD for New York City and San Francisco Bay Area
• Performance linked bonus
• Equity
• Competitive benefits package