Job Description

About Genesis

Genesis is a global leader in institutional digital asset markets. We provide a single point of access for digital asset trading, derivatives, borrowing, lending, custody and prime brokerage services. Genesis facilitates billions in trades, loans and transactions on a monthly basis. We have a proven track record driving results for some of the largest digital asset-focused hedge funds, quant funds, family offices, VC's, market makers and exchanges.

Join Our Team

Genesis is expanding to solve some of the toughest challenges in digital asset financial markets. About this Role – Assistant Vice President/Vice President, Credit Risk Genesis Trading is seeking an Assistant Vice President/Vice President, Credit Risk with a strong background in counterparty credit risk evaluation, reporting directly to VP/SVP, Credit Risk. The AVP/VP, Credit Risk will determine the creditworthiness of existing and potential clients who transact in lending, OTC, and derivatives products. The AVP/VP will also contribute to the design, augmentation, implementation, and management of credit risk-related initiatives. Primary Responsibilities

• Perform in-depth analysis utilizing credit data and financial information to determine exposure level and assign risk ratings
• Prepare credit memos to communicate recommendations and document decisions on lending/borrowing and credit quality
• Conduct credit due diligence conference calls and on-site meetings
• Assemble and synthesize data needed to run risk management models
• Assist in augmenting credit risk management frameworks
• Collateral management – tracking movement of collateral, monitoring and issuing margin calls/refunds
• Work closely with Operations on transfers of digital assets and associated collateral
• Liquidity management
• Liaise with internal groups across the firm on initiatives as necessary

Requirements

• 7+ years in credit risk management underwriting financial institutions
• Experience in modeling and implementing credit rating models
• Working knowledge of collateral determination and margin call procedures
• Proven track of designing and building risk reports in a real-time setup
• Strong understanding of financial markets and products
• Experience with credit agreements and ISDA/CSA
• Ability to develop effective working relationships with the business while willing to challenge if needed
• Experience with structured products is a plus
• Experience in capital markets and/or digital assets is a plus
• Experience with SQL and/or Python is a plus

Benefits

• 100% Premium Coverage for Medical, Dental, & Vision for you and your dependents
• Flexible Spending Accounts, Health Savings Accounts, Tax-Free Transit benefits, & other supplemental benefits available
• Flexible time off
• Generous Parental Leave

Why Genesis

Genesis is dedicated to creating best-in-class infrastructure for institutional investors, developing advanced products that lower barriers, increase profitability and broaden access. Our team has decades of experience at top Wall Street investment banks and Silicon Valley technology firms, and includes leading experts in blockchain, distributed computing, cryptography and cybersecurity. Digital Asset Ecosystem Genesis operates at the heart of the digital asset ecosystem:

• We are a subsidiary of Digital Currency Group (DCG), the largest investor in the bitcoin and blockchain space.

• We have an unparalleled global network at the intersection of data, finance and technology.

Accelerating Momentum Our addressable market is expanding rapidly as new institutional investors enter the space. Recent results include:

• 300%+ Y/Y trading volume growth

• 400%+ Y/Y loan origination growth

• 300%+ Y/Y active loan growth

• 150%+ Q/Q derivatives transaction growth

Diversity And Inclusion Genesis invests in creating a welcoming environment where everyone can feel supported and connected at work.

• We help employees develop a deep understanding of the problems we're trying to solve.

• We thrive on ideas driven by a broad range of perspectives.

• We believe diverse teams lead to better products and bigger outcomes.

Please review our Privacy Polices for CCPA and GDPR here Genesis is an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.