Ventures Investment Analyst/Associate

  • Galaxy Digital
  • New York
  • May 31, 2022
Full time Finance

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.

Who You Are:

Galaxy Digital Ventures is hiring uniquely talented Analysts/Associates to join the Investment team. Investing in crypto is a multidisciplinary activity, which – throughout a team – requires expertise in computer science, financial analysis, mechanism design, governance, trading and markets, and consumer behavior. We’re looking for candidates who are “spiky” in one area or candidates who are well-rounded across the board.

The Galaxy Digital Ventures Investment team comes from many backgrounds, from STEM to the Social Sciences. Candidates will uniformly love to see the big picture, debate complex topics, and appreciate intellectual rigor. But we are looking for divergent persona types:

  • Analyst - studying financial metrics, business models, and deal structures.
  • Technician - understanding protocol and application design and differentiating between solutions.
  • Data Scientist – seeing the trends as they exist today and predicting their trajectories.
  • Communicator – fostering and maintaining relationships with founders and partners.

Despite the nascent nature of crypto, there are numerous focus areas that you can specialize in. Every day people realize the intersection of new fields with blockchain, such as generative art to network contagion, group dynamics to zero-knowledge proofs. This list is not exhaustive and there is overlap.

  • Consumer / Web3 - Applications of web3 technology and mainstream use cases.
  • NFTs – Use cases of Non-Fungible Tokens: collectibles; media; music; creator economy.
  • DeFi – Finacial applications of blockchains: borrowing/lending; trading; payments; risk.
  • Protocol – Sharding and scalability design; Virtual machines and programming languages.
  • Deep Tech – MEV, Zero Knowledge proofs, novel consensus, cryptography.
  • Mining / Staking – Economics of blockchain security; sybil-resistance infrastructure.
  • Infrastructure – market structure: custody, exchanges, and data & analytics companies.
  • Software-as-a-service –software products to improve usability, performance, and cost.

What You’ll Do:

  • Conduct diligence on investment opportunities alongside Investment Partners.
    • Write investment memos.
    • Analyze financial metrics and performance.
    • Study technological mechanisms and compare/contrast.
    • Evaluate legal agreements.
    • Evaluate founders, executives, and team.
  • Source new investment opportunities through personal network, reach outs, and interaction with community.
  • Develop coherent theses and predictions about market, and identity companies, protocols, and web3 applications which suit the thesis.
  • Technical candidates: write Solidity code, demo portfolio company technology, and analyze codebases.

What We’re Looking For:

  • 1-2 years’ experience working a relevant area, like crypto technology, web2 technology, venture capital, investment banking/consulting, or academic research. Other backgrounds welcome.
  • Top tier academic track record or demonstrated non-academic achievement.
  • Significant expertise in cryptocurrency and blockchain, either through relevant work experience or personal projects.
  • Comfortable building relationships both inside and outside Galaxy Digital Ventures, including with startup founders.
  • Favored traits: rigor, work ethic, and kindness.
  • Have interacted “on-chain” via MetaMask in DeFi, NFTs, etc.

Bonus Points:

  • Started and scaled a company, particularly in crypto/web3.
  • Master’s or higher in a technical field: distributed computing, cryptography,
  • Experience in game theory and mechanism design, particularly computational game theory or mechanism design.
  • Strong existing crypto or venture network.
  • Unstoppable work ethic.

What We Offer:

  • Competitive compensation
  • Hybrid/Flexible Working Arrangements
  • Flexible Time Off (paid)
  • 3% 401(k) company contribution
  • Company-paid health insurance for employees, partners, and other dependents
  • Generous paid Parental Leave
  • 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

Apply now and join us on our mission to engineer a new economic paradigm.

 

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.