What is BlockFi?

BlockFis mission is to provide liquidity, transparency & efficiency to digital financial markets by creating products that meet the needs of consumers & corporations across the globe. We build bridges between traditional finance & digital markets that enable growth for all participants.

About the Team & Role

We are seeking a highly motivated quantitative market risk manager to join BlockFi's Enterprise Risk team. In this role, you will assess the market risk in portfolios of cryptocurrencies, generate & present reporting, & liaise with trading desks & senior risk management staff. 

Responsibilities:

• Develop a thorough understanding of analytics & metrics used to measure market risk & liquidity risk in portfolios of cryptocurrencies & related derivatives
• Build spreadsheets & code (e.g. Python) to capture risk measurement logic in a repeatable framework, & continuously refine tools as needed
• Assist senior credit risk managers in evaluating portfolio construction & risk management techniques used by buy-side clients & counterparties
• Contribute to market risk modeling efforts or validation efforts as appropriate
• Develop intermediate expertise in data preparation & data science required to carry out the function
• Communicate with trading desks & senior risk management staff
• Produce ongoing market risk reporting & evaluate status of portfolios against defined limits
• Assist with risk identification, assessment, & quantification efforts as needed
• Aggregate metrics & findings & synthesize key themes for senior risk management

Qualifications:

• Engineering or quantitative economics academic background. Expertise in statistical techniques, stochastic calculus & linear algebra. MFE/MSFE/MQF etc. preferred. 
• 4+ years of experience in a market risk role supporting a capital markets business
• FRM or PRM certification preferred
• Exposure to fundamental market risk metrics such as VaR, stress testing & Greeks
• Outstanding critical reasoning & problem-solving skills
• Excellent written/verbal communication & interpersonal skills
• Excellent organizational & time management skills
• Ability to work both independently & in a team
• Ability to develop partnering relationships with trading desks while remaining willing to challenge if needed
• Experience and/or interest in cryptocurrency is a plus

Why BlockFi?

BlockFi has experienced incredible growth since our launch in August 2017. From raising over $100MM in debt & equity capital to helping thousands of clients (and growing!) do more with their crypto assets, we have established a dominant position as the debt & credit crypto market leader in the U.S. As we expand our product suite & geographic footprint, our addressable market will grow exponentially.

BlockFi's leadership team has decades of experience in the traditional financial services & banking world, & we take a conservative approach to regulation that will position us well for sustainable long-term growth & expansion.

Our team is comprised of highly motivated professionals from diverse backgrounds. We are aiming to become the leading lender in crypto & are poised to redefine the global financial ecosystem for the better. In addition:

• BlockFi is one of the first companies to ever offer crypto-backed loans & the only company whose founding team has an institutional understanding of the debt capital markets & regulatory landscape in the U.S.
• $4.3MM of seed funding & $50MM in capital for funding loans
• $100 MM of Series A, B, & C funding led by Valar Ventures with participation from Susquehanna, Winklevoss Capital, Fidelity, Galaxy Digital, Akuna Capital, & Morgan Creek
• We are moving quickly & have already deployed substantial capital into the space, proving our ability to execute & capture customer demand

We Offer

• Competitive salary
• Unlimited vacation / sick days
• Employer paid health coverage (vision, dental, 401K)
• Weekly lunch stipend
• Work alongside an enthusiastic, collegial, & driven team in a highly meritocratic environment

To read more about our mission & values, check out our company website.

Above all, you should enjoy the journey. We, at BlockFi, genuinely like each other & enjoy the work we do - so should you!