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2023-12-20

Trade Operations Analyst

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Falcon X
Trade Operations Analyst
New York, US
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Job Description

Impact

In the Trading Desk Operations Associate role, you will help manage the operational side of the trading desk’s activities and interact with various internal groups and external parties. You will gain an in-depth understanding of the flow of the trading and settlement cycle, as well as the regulatory and operational considerations of each step. You will interact with clients and liquidity counterparties for settlements, interface with our Accounting to ensure the consistency and completeness of our official trading records, and work in concert with our Trading teams globally.

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.

Requirements

  • 1-5 years of experience in a trading firm, hedge fund or 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
  • BA/BS in Finance, Accounting or a related field
  • Desire to become an expert on digital assets such as Bitcoin and Ethereum

You will be required to gain an understanding of the broader responsibilities of cryptocurrency trade operations and the life cycle of institutional trading. You should strive to be the first point of contact for trade settlements and operations. You will have exposure to a wide range of functions in a complex and dynamic market. The ability to multitask and prioritize will be key, combined with management of critical day-to-day functions.

Compensation

Base pay for this role is expected to be between $90,000 and $120,000 USD. This expected base pay range is based on information at the time this post was generated. This role will also be eligible for other forms of compensation such as a performance linked bonus, equity, and a competitive benefits package. Actual compensation for a successful candidate will be determined based on a number of factors such as skillset, experience, and qualifications.

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