Senior Counterparty Credit Risk Assciate , NY

Senior Counter party Credit Risk Assciate

New York City, NY

Who are we?

Falcon

X 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, Falcon

X 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, Falcon

X operates as the connective tissue empowering clients with seamless navigation through the ever-evolving cryptocurrency landscape.

As a Senior Counter party Credit Risk Associate, you will play a crucial role in managing and mitigating credit risks associated with counter parties across Falcon

X. Your expertise will help ensure the firm's financial stability and operational resilience by safeguarding against potential credit exposures from counter parties.

• Develop and execute strategies to manage firm-wide counter party credit risks effectively by collaborating with trading, finance, and other relevant teams.
• Conduct comprehensive counter party due diligence, write credit assessments, determine counter party credit ratings, assign risk appetite limits, identify potential vulnerabilities and develop strategies to mitigate these risks.
• Monitor and analyze counter party credit metrics and exposures to ensure adequate risk management under various market conditions.
• Develop and implement credit risk metrics and monitoring tools to assess the firm's exposure to counter parties, ensuring accurate and timely reporting.
• Perform stress testing and scenario analysis to evaluate the firm's resilience to adverse credit conditions and potential worst‑case scenarios related to counter party credit.
• Stay informed about industry trends, regulatory changes, and emerging risks in counter party credit management, providing actionable insights to inform risk management strategies.
• Prepare detailed credit risk reports for senior management, highlighting key counter party exposures, trends, and performance metrics.
• Ensure compliance with relevant regulations and internal risk policies, particularly those affecting counter party credit risk management, and update practices accordingly.
• Identify opportunities to enhance credit risk management processes, including automation of risk assessment and reporting procedures, and implement internal controls to safeguard against operational risks.
• Continuously update your knowledge of credit risk management practices, financial instruments, and technologies related to counter party credit.

As the Risk Manager, Counter party Credit, you will contribute to building robust in‑house capabilities for counter party credit risk management, streamlining processes, and ensuring real‑time, accurate risk information is available to all stakeholders. Demonstrate passion for working in a dynamic business environment, with enthusiasm to learn and grow within the digital assets industry. Collaborate effectively with all teams to achieve optimal financial outcomes for the organization.

Exhibit strong multitasking abilities, work efficiently under pressure, prioritize tasks, and manage workload to meet internal needs.

• Bachelor’s degree in Finance, Economics, or a related field, with 5‑7+ years of experience in risk management, focusing on counter party credit risk.
• Experience working in a financial institution or financial services start‑up.
• Strong analytical skills and attention to detail, with the ability to interpret complex financial data.
• Self‑motivated, with great initiative and the ability to work independently.
• Maintain a high level of accuracy in all tasks.
• Strong verbal and written communication skills, with the ability to present complex concepts clearly.

• Experience in a Counter party Credit Risk or Hedge Fund Credit Risk role
• Experience with credit risk management tools and software.
• Proficiency in programming…