Senior Associate, Market Risk at Gemini

| Greater NYC Area
Sorry, this job was removed at 8:07 a.m. (EST) on Friday, July 30, 2021
Find out who's hiring in NYC.
See all Finance jobs in NYC
Apply now
By clicking continue you agree to Built In’s Privacy Policy and Terms of Use.

Empower the Individual Through Crypto

Gemini is a crypto exchange and custodian that allows customers to buy, sell, store, and earn more than 30 cryptocurrencies like bitcoin, bitcoin cash, ether, litecoin, and Zcash. Gemini is a New York trust company that is subject to the capital reserve requirements, cybersecurity requirements, and banking compliance standards set forth by the New York State Department of Financial Services and the New York Banking Law. Gemini was founded in 2014 by twin brothers Cameron and Tyler Winklevoss to empower the individual through crypto.

Crypto is about giving you greater choice, independence, and opportunity. We are here to help you on your journey. We build crypto products that are simple, elegant, and secure. Whether you are an individual or an institution, we want to help you buy, sell, and store your bitcoin and cryptocurrency. Crypto is not just a technology, it's a movement.

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: Sr. Associate - Market Risk Management

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 assess risk in various crypto based financial products and establish processes for measure, monitor and escalate risk. 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. 
  • Partner in developing and enhancing 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. 

Qualifications:

  • Bachelor's degree with specialization in maths, statistics, financial engineering or any other quantitative field. Master's Degree preferred.  
  • 3+ 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: 

  • CFA, FRM, PRM designations  

It Pays to Work Here

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

  • Competitive Compensation and Profit-Sharing Equity
  • Flexible vacation policy
  • Retirement Plan Matching
  • Generous Parental leave
  • Comprehensive health plans
  • Training and professional development

At Gemini, we strive to build diverse teams that reflect the people we want to empower through our products, and 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. Equal Opportunity is the Law, and Gemini is proud to be an equal opportunity workplace and affirmative action employer. If you have a specific need that requires accommodation, please let a member of the People Team know.

Read Full Job Description
Apply now
By clicking continue you agree to Built In’s Privacy Policy and Terms of Use.

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

Director of Treasury Operations

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 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
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
Diversity Employee Resource Groups
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
Performance Bonus
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
More Jobs at Gemini61 open jobs
All Jobs
Finance
Data + Analytics
Design + UX
Dev + Engineer
HR + Recruiting
Legal
Marketing
Operations
Product
Project Mgmt
Content
Design + UX
new
New York
Developer
new
New York
Developer
new
New York
Data + Analytics
new
New York
Marketing
new
New York
Project Mgmt
new
New York
HR + Recruiting
new
New York
Developer
new
New York
Design + UX
new
New York
Developer
new
New York
HR + Recruiting
new
New York
Project Mgmt
new
New York
Developer
new
New York
Operations
new
New York
Developer
new
New York
Finance
new
New York
Data + Analytics
new
New York
Developer
new
New York
Developer
new
New York
Design + UX
new
New York
Design + UX
new
New York
Developer
new
New York
HR + Recruiting
new
New York
Content
new
New York
HR + Recruiting
new
New York
Finance
new
New York
Operations
new
New York
Design + UX
new
New York
Developer
new
New York
Data + Analytics
new
New York
Data + Analytics
new
New York
Developer
new
New York
Apply now
By clicking continue you agree to Built In’s Privacy Policy and Terms of Use.
Save jobView Gemini's full profileSee more Gemini jobs