Senior Associate, Market Risk at Gemini

| Greater NYC Area
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Help us Build the Future of Money

Gemini Trust Company, LLC (Gemini) is a licensed digital asset exchange and custodian. We built the Gemini platform so customers can buy, sell, and store digital assets (e.g., Bitcoin, Ethereum, and Zcash) in a regulated, secure, and compliant manner.
Digital assets and blockchain technology have the power to transform the world for good. This truth, along with our core values, form the bedrock of our company and culture. At Gemini, no job is too small and no project too big as we endeavor to build the future of money. We are a mission-driven, team-based, inclusive, and determined community of thought leaders who invest in each other and the long game. Join us in our mission!

The Department: Risk

Protection - for our clients and our company - forms the linchpin of our business at Gemini. Our Risk department plays a critical role in proactively identifying, mitigating, and managing the firm’s exposure, both internally and externally. Leveraging data, engineering, and intellectual horsepower, our Risk team is building a robust second line of defense in a first-of-its kind industry; our goal: safeguard Gemini so that we can continue to revolutionize the future of money.

The Role: Senior Associate, Market Risk

Gemini is looking for a Sr. Associate to be part of the risk management function. The risk management function works closely with various teams across Gemini including products, operations, engineering, compliance and audit to manage inherent risks in processes of the Company. We are looking for someone who can bring risk management and technical expertise while at the same time a critical, quantitative and hands-on approach to manage market risk of Gemini. The role will require to implement technical solutions for real-time risk monitoring and recommend risk mitigation actions. The role provides an exciting opportunity to understand and build risk infrastructure of an evolving asset class. The role will provide opportunity to challenge the most fundamental risk management principles and implement solutions which suit the new and evolving asset class with a beginner's mindset. To excel in this role, the individual will use his/ her experience, analytical skills and technical ability to add value to the organization.

Responsibilities:

  • Identify and monitor risks across various existing and new products and derivatives including futures, options and structured products.
  • Monitor intraday and overnight market and counterparty risk exposure at portfolio and single-product levels and highlight key risks as needed.
  • Monitor developments in the market and help build, revise and enhance risk limits, methodologies and processes.
  • Develop and enhance real-time risk monitoring and reporting tools for key risks while ensuring that the team's technical solutions are robust and high-quality.
  • Partner with products, data, engineering and operations team to implement risk related processes and in risk mitigation.
  • Contribute to build policy based risk management and governance framework in the organization.

Minimum Qualifications:

  • Bachelor's degree with specialization in maths, statistics, engineering or any other quantitative field.
  • Master's Degree preferred.
  • 3-5 years of relevant experience in the financial risk management field with strong quantitative and technical background.
  • Knowledge of traded assets and derivatives including futures, options, structured products and their risk characteristics.
  • Strong technical skills with knowledge of data processing and analysis technologies (BI packages, Python or similar).
  • Proactive attitude and problem solving skills.

 

Preferred Qualifications:

  • Experience in establishing the three lines of defense.
  • Quantitative skill set; ability to synthesize data and build automation for risk reporting across departments.
  • Knowledge of Governance, Risk and Compliance (GRC) tools.
  • Good communication skills; teamwork oriented.
  • CFA, FRM, PRM designation preferred.

It Pays to Work Here

We take a holistic approach to compensation at Gemini, which includes:

  • Competitive base salaries across all departments
  • Ownership in the company via profit sharing units
  • Amazing benefits, 401k match contribution, and flexible hours
  • Snacks, Perks, Wellness Outings & Events

 

Gemini is proud to be an equal opportunity workplace and is an affirmative action employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you have a disability or special need that requires accommodation, please let us know.

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Technology we use

  • Engineering
  • Product
    • JavaLanguages
    • JavascriptLanguages
    • PythonLanguages
    • ScalaLanguages
    • SqlLanguages
    • ReactLibraries
    • ReduxLibraries
    • PlayFrameworks
    • AeronFrameworks
    • PostgreSQLDatabases
    • ConfluenceManagement
    • JIRAManagement

Location

New York, NY 10010

An Insider's view of Gemini

What’s the vibe like in the office?

Before I started, I was told that taking a job at Gemini was a great idea because of how excited everyone was to be there. After working here for more than two years, I still believe that to be true. The office is constantly buzzing with incredibly smart people who are working to build Gemini into the long-lasting business we know it can be.

Marjorie

Manager, Cash Management

How do you collaborate with other teams in the company?

A risk team is typically seen as a group that says "no”; at Gemini, establishing relationships and collaborating are key to understanding risks, which better enables us to say "yes" (or "yes, but..."). Communicating clearly and regularly, keeping things simple, and being flexible in a complex space reduces the risk of a message being lost.

Yusuf

Head of Risk

How do you make yourself accessible to the rest of the team?

Team meetings and 1:1s are necessary for communication and productivity, but the daily interactions are what really make you accessible. You need to show genuine interest in everyone professionally and personally. I make a connection with each person so they know they are welcome to stop by my desk or ask for my support outside of “scheduled” time.

Jeanine

Managing Director of Operations

How do you empower your team to be more creative?

When we start a project, I challenge my team to look outside of the finance space, to take inspiration from other creative spaces such as art, industrial design, fashion, automotive, etc., and try to translate that into a solution for our industry and users. It's important to set the tone that solutions to problems can come from anyone or anywhere.

Ty

Creative Director

What are Gemini Perks + Benefits

Culture
Volunteer in local community
Eat lunch together
Daily stand up
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Open office floor plan
Diversity
Dedicated Diversity/Inclusion Staff
Unconscious bias training
Diversity manifesto
Someone's primary function is managing the company’s diversity and inclusion initiatives
Hiring Practices that Promote Diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Dental coverage for employees through Guardian PPO
Vision Benefits
Vision coverage through VSP
Health Insurance Benefits
Gemini's health insurance plan with our preferred provider Empire BCBS provides 3 plans, an EPO and 2 PPO at very little cost to employees!
Life Insurance
Wellness Programs
Retirement & Stock Options Benefits
401(K)
Gemini's 401(k) retirement plan through ADP offers a broad selection of stocks, bonds and international index funds to choose from.
401(K) Matching
Gemini's 401(k) matches an employee's contributions up to 5% of their base salary, with immediate vesting for matched contributions. Employees are eligible to contribute after 90 days of employment
Company Equity
Child Care & Parental Leave Benefits
Generous Parental Leave
Family Medical Leave
Company sponsored family events
We happily sponsor annual Take Your Child to Work Days.
Vacation & Time Off Benefits
Unlimited Vacation Policy
Gemini's unlimited PTO policy allows employees to take as many days off as they need, provided they get their manager's approval.
Paid Holidays
Paid Sick Days
Gemini is generous in adding sick days on an as-needed basis.
Perks & Discounts
Casual Dress
Commuter Benefits
We offer pre-tax commuter benefits for all employees through Navia.
Company Outings
We typically host quarterly company outings - past events include baseball games and Coney Island.
Stocked Kitchen
We keep our kitchens and pantries well-stocked with snacks, soft drinks, cold brew coffee, and, of course, LaCroix.
Happy Hours
We host monthly happy hours with collaborative activities like employee presentations, trivia, Mario Kart, etc.
Professional Development Benefits
Job Training & Conferences
Lunch and learns
Gemini hosts monthly Lunch and Learns
Cross functional training encouraged
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