About the Role
Who are we? FalconX is a pioneering team of operators, investors, and builders committed to revolutionizing institutional access to the crypto markets. Operating at the intersection of traditional finance and cutting-edge technology, FalconX addresses the industry's foremost challenges: Navigating the digital asset market can be complex and fragmented, with limited products and services that support trading strategies, structures, and liquidity found in conventional financial markets. As a comprehensive solution for all digital asset strategies from start to scale, FalconX operates as the connective tissue empowering clients with seamless navigation through the ever- evolving cryptocurrency landscape. The Head of Risk - Malta is responsible to: Risk Management - Set up and manage the Risk Management Framework: Establish appropriate risk policies and procedures to minimize the Company’s risks. - Recommend updates to the Risk Appetite Statement: Advise the Board of Directors on annual updates and appropriate risk tolerance limits, clearly outlining the level of risk acceptable in line with strategic goals. - Maintain a risk register: Systematically record identified risks and mitigation actions. - Identify, analyze, quantify, and mitigate risks: Address risks faced by the Company with appropriate actions. The risk identification should encompass not only integrity risks (such as AML/CFT and fraud) but also ICT, operational, market, credit, legal, compliance, conflicts of interests, and other relevant risks in accordance with all intended crypto-asset services. The risk identification process should address risks at various levels, including individual business lines and the overall entity together with outsourced activities. - Conduct ongoing risk assessments: Regularly evaluate risks to ensure they are managed effectively. - Credit and Counterparty Risk Management: Design, enforce and monitor credit risk policies and oversee exposures. - Implement risk measurement methodologies: Recommend risk appetite thresholds and develop monitoring tools. - Ensure compliance with regulatory requirements: Maintain activities within relevant risk-related regulations. - Collaborate with senior management: Manage key risks, provide analysis, and highlight risk exposures and performance metrics. Also coordinate cross-functionally with business units to refine risk controls and support new product development. - Lead regional incident response and crisis management efforts: Oversee responses to incidents and crises. - Develop specific risk management actions: Create targeted strategies to reduce or control risk exposure. - Monitor and report on risk management activities: Implement continuous monitoring systems and regular reporting to management. - Evaluate the risk management framework annually: Assess its effectiveness, relevance, and adequacy in addressing emerging risks. - Stay updated on industry trends and emerging risks: Adapt strategies ... (View official application link for full details)
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Benefits
About FalconX
Learn more about this company and their mission.