Head of EMEA Risk Management (London)
Job Overview:
Join us at Galaxy, where we are dedicated to creating innovative products and services that facilitate global investment in economic advancement. Our focus is on harnessing the power of crypto and blockchain technologies to enhance various sectors of the economy. We envision a future where ownership and value flow as freely as information. Galaxy serves as a leading company in the digital asset and blockchain space, catering to institutions, startups, and individuals looking to engage with the crypto economy. Led by CEO Michael Novogratz, our team is a mix of crypto enthusiasts and finance professionals aiming to shape the future of finance and Web3. Headquartered in New York City, we have a global presence across North America, Europe, and Asia.
Core Values:
We are a diverse team of forward-thinkers, driven by a shared goal of stimulating the global economy for investors and creators alike. We are in search of individuals who thrive in an environment of achievers and builders, embracing transparency, high performance, and a mission-driven mindset.
- Strive for Excellence
- Be Selective but Efficient
- Maintain Alignment and Flexibility
- Embrace Transparent Disagreements
- Foster Independent Decision-Making
- Build High-Performance Teams
**Role
In this role, you will assume the position of Director of Risk Management, playing a critical part in our organization by spearheading our market risk management initiatives to identify, evaluate, and mitigate potential risks that could affect our portfolio. The ideal candidate will hold a strategic view of risk management, ensuring our funds navigate market uncertainties with a proactive and prudent approach. This position requires expertise in traditional market risk principles as well as a deep understanding of the distinct challenges and opportunities present in digital asset markets.
Key Responsibilities:
- Develop and implement innovative strategies and policies for market risk management to address various risks, including interest rate, currency, equity, and commodity risks, alongside the specific volatility, liquidity, and regulatory aspects of digital assets.
- Lead the local market risk management team, emphasizing risk awareness and informed decision-making across traditional and digital asset classes.
- Oversee Galaxy's Enterprise Risk Management Framework, collaborating with other functions to identify and mitigate non-market enterprise risks.
- Ensure compliance with regulatory requirements, notably FCA's IFPR, and actively contribute to the ICARA process, demonstrating proficiency with regulations specific to digital asset investments.
- Collaborate closely with the trading team to incorporate risk management practices into decision-making aligned with risk appetite and investment goals.
- Conduct thorough risk assessments and scenario analysis tailored to digital asset markets, evaluating potential impacts of market, regulatory, and technological changes on the portfolio.
- Develop and manage advanced risk analytics and modeling techniques relating to digital assets for enhanced risk measurement and reporting.
- Serve as the key advisor on market risk issues related to digital assets to senior management, offering strategies to mitigate risks and capitalize on market opportunities.
- Stay abreast of digital asset market trends, regulatory updates, and best risk management practices to continuously refine our risk management framework.
- Utilize on-chain data to facilitate data-driven decision-making and risk management.
- Assist in building and maintaining risk metric calculation systems.
- Lead engagement with regulators as needed.
Qualifications:
- 10+ years of risk management experience, with a strong background in digital assets and market risk within a hedge fund, investment bank, or similar financial institution.
- Advanced degree in Finance, Economics, Mathematics, or a related field, along with certifications like FRM or CFA.
- Demonstrated leadership abilities and experience managing teams focusing on digital asset risk.
- Proficiency in FCA's IFPR and the ICARA process, including a successful track record of regulatory engagement.
- Familiarity with ERM Frameworks and experience in ERM strategy implementation.
- Strong analytical, quantitative, and technical skills, including expertise in risk modeling tools relevant to digital assets.
- Excellent communication skills to convey complex risk scenarios and strategies to varied stakeholders.
- Deep understanding of the digital asset ecosystem, covering cryptocurrencies, tokenized assets, blockchain technology, and relevant regulations.
- Proactive approach to risk management, foreseeing and addressing risks in the fast-paced digital asset market.
- Proficiency in Python, SQL, and Excel.
Benefits:
- Competitive base salary and bonus
- Generous paid time off
- Comprehensive health and protective benefits for employees and their eligible dependents
- Virtual coaching sessions through Ginger
- Daily snacks in-office
- Learning opportunities within the Crypto industry
- Dynamic and motivated team members
Application Details:
We at Galaxy uphold diversity and offer equal employment opportunities to all candidates, without discrimination based on age, race, color, gender, sexual orientation, disability status, and other protected characteristics. If you require support or accommodations during the application process, please reach out to careers@galaxy.com.
Join us on our mission to redefine the economic landscape.