Head of Market Risk and Portfolio Construction (Director/Managing Director)

  • Galaxy Digital
  • New York, NY
  • May 09, 2022
Full time AML Management Compliance

Job Description

Who We Are:

At Galaxy we are building products and services to help the world invest in economic progress. We believe crypto and blockchain innovations will permeate and improve all aspects of our global economy. Our vision is a society where value and ownership flow as freely as information. Galaxy is a digital asset and blockchain leader helping institutions, startups, and individuals access and navigate the crypto economy. As one of the most well-capitalized and trusted companies in the industry, we provide platform solutions custom-made for a digitally native ecosystem across multiple synergistic business lines: Trading, Asset Management (passive and active strategies), Principal Investments,  Investment Banking Services, and Mining. Galaxy’s CEO and Founder Michael Novogratz leads a team of crypto enthusiasts, and institutional veterans focused on the future of finance and Web3. The Company is headquartered in New York City, with offices in Chicago, London, Amsterdam, Tokyo, Hong Kong, the Cayman Islands (registered office), and New Jersey.

Additional information about the Company's businesses and products is available on www.galaxydigital.io.

What We Value:

We are a diverse team of free thinkers, and fast movers united to help investors and creators energize the global economy. We are looking for individuals who thrive in a culture of builders and overachievers and embrace high performance, transparent feedback, and a mission-first approach. Our culture shapes our way of working and gets us where we want to be.

  • Seek Excellence.
  • Be Selective To Be Effective.
  • Be Highly Aligned, Loosely Coupled.
  • Disagree Transparently.
  • Encourage Independent Decision-Making.
  • Build Dream Teams.

About You

Candidate sought for the head of market risk role. The candidate will report to the CRO and will be responsible for all aspects of market risk across the five synergistic business lines. Collaborate with the business heads and management committee in the construction of portfolios and asset allocation across Galaxy digital.

The candidate should have 10+ year of prior work experience in risk. Your role is to collaborate with portfolio managers and traders on portfolio construction, investment and risk analysis and ensure that the CRO and senior management is informed of the risks.

On a given day at Galaxy, you will:

  • Experienced in risk management, software engineering, quantitative development, operations and systematic trading
  • Onboard risk systems for Risk and portfolio management teams
  • Coordinate with business development to onboard new businesses
  • Execute across Galaxy’sbusiness lines
  • Strategic initiatives
  • Responsible for model risk management
  • Portfolio Construction and Capital Allocation
  • Assist in designing Risk Framework for the multiple business lines
  • Establish and write risk policy and procedures for businesses, risk takers and strategies
  • Develop Risk reports and visualization with risk analysts
  • Develop Performance attribution Framework
  • Manage Developer resources and Quantitative Resources
  • Integral part of the continuity plan
  • Coordinate with the business, Ops, Middle office and Core development team to finalize new business and new instrument proposals
  • Responsible for the day to day operations of the Risk operations of Galaxy Digital
  • Assist on the execution on the current vision of the senior management of Galaxy Digital
  • Onboarding and implementation of new teams within the business lines
  • Oversee risk

You’ve worked hard for:

  • 10+ years of risk management experience in finance
  • Degree in finance, computer science or other quantitative subjects
  • Experience with financial data and processes
  • Knowledge of market structure and market data
  • Experience in Python, SQL, Excel and Tableau
  • Good communication

You might also have:

  • Deep knowledge of Digital Assets and DeFi

Here are some of the industry-leading benefits of working at Galaxy:

  • Competitive base salary, bonus, and equity
  • 100% company paid health insurance for employees, partners and dependents
  • 3% 401(k) company contribution
  • Generous paid Parental Leave
  • Flexible Time Off (paid)
  • Hybrid/Flexible Working Arrangements
  • Opportunities to learn about the Crypto industry
  • Free daily snacks and weekly lunches
  • Smart, entrepreneurial, and fun colleagues
  • Annual charitable giving match
  • Employee Resource Groups
  • Free virtual coaching and counseling sessions through Ginger

*Benefits may vary based on location

Galaxy respects diversity and seeks to provide equal employment opportunities to all employees and job applicants for employment without regard to actual or perceived age, race, color, creed, religion, sex or gender (including pregnancy, childbirth, lactation and related medical conditions), gender identity or gender expression (including transgender status), sexual orientation, marital or partnership or caregiver status, ancestry, national origin, citizenship status, disability, military or veteran status, protected medical condition as defined by applicable state or local law, genetic information or predisposing genetic characteristic, or other characteristic protected by applicable federal, state, or local laws and ordinances.

We will endeavor to make a reasonable accommodation to the known limitations of a qualified applicant with a disability unless the accommodation would impose an undue hardship on the operation of our business. If you believe you require such assistance to complete the application process or to participate in an interview, please contact careers@galaxydigital.io.