GK8 by Galaxy

GK8 by Galaxy

Product Manager, Portfolio Margin and Risk

New York, NY

Sponsorship not specified$250k-$270kDetected 89 days ago
RESTWebSocketsLLMsRecruitingResearchLeadershipMentoring

About the role

  • Led by CEO and Founder Michael Novogratz, our team blends deep crypto expertise with institutional experience and a shared commitment to shaping the future of Web3 and AI.
  • Galaxy is headquartered in New York City, with offices across North America, Europe, the Middle East, and Asia.
  • To learn more about our businesses and products, visit www.galaxy.com.

Responsibilities

  • Design and evolve a portfolio-based margin system spanning spot, futures, options, swaps, and structured derivatives.
  • Implement portfolio-level offsets, concentration add-ons, liquidity haircuts, and regulatory overlays where applicable.
  • Design APIs and internal tools that allow traders and clients to understand margin utilization in real time.
  • Design position netting logic across accounts and sub-accounts.
  • Partner with engineering to build real-time risk factor ingestion and portfolio aggregation engines while optimizing data source and normalization to support real-time recalculation.
  • Design margin call logic, risk thresholds, and liquidation workflows.
  • Drive the integration of margin engines with pricing, P&L, booking, and treasury systems.
  • Partner with funding and treasury teams to align margin methodology with balance sheet and capital considerations.
  • Own roadmap development and margin methodology evolution.
  • Lead tradeoff discussions across performance, capital efficiency, regulatory constraints, and usability closely with engineering, quant, trading, risk, treasury, compliance, and design teams.

Requirements

  • Galaxy is seeking a seasoned Product Manager with 7+ years of experience across derivatives, portfolio risk, and margin infrastructure.
  • Using tooling including AI, you must be able to create prototypes and detailed product requirements from scratch - grounded in how traders, risk managers, and institutional clients actually use margin and risk systems.
  • These requirements must be specific enough to partner effectively with engineering, quant, and risk stakeholders to deliver scalable, real-time systems but grounded in a wider product context.
  • Experienced: 7+ years in trading product, margin, derivatives, or risk systems across TradFi and crypto/fintech.

Nice to have

  • Direct exposure to SPAN, TIMS, VaR, or Expected Shortfall implementations.
  • Experience with cross-margin frameworks across asset classes.
  • Experience with crypto-native derivatives or multi-asset margin platforms.
  • Familiarity with treasury funding costs and balance sheet optimization.
  • Knowledge of FIX, WebSocket, REST APIs, and market data normalization.
  • ISDA / CSA familiarity and understanding of collateral mechanics.
  • Experience in crypto and understanding real-time liquidation.

Skills

  • Prototype solutions in parallel with requirements writing
  • Research alternative design approaches and model frameworks
  • Generate comparative analyses of margin methodologies
  • Produce stakeholder-ready solution decks and technical documentation
  • Accelerate iteration cycles between trading, risk, and engineering

Compensation

  • $250,000 - $270,000 USD

Benefits

  • Competitive base salary and discretionary bonus
  • Flexible Time Off (paid)
  • Company-paid health and protective benefits for employees, partners, and other dependents
  • Generous paid Parental Leave
  • Competitive family planning benefits for US employees
  • Smart, entrepreneurial, and fun colleagues
  • Hybrid/Flexible Working Arrangements

Company info

  • Galaxy is a global leader in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. We believe that blockchain and digital asset innovation will transform how value moves through the world - and we're building the products and services to make that future a reality.
  • Our institutional digital assets platform spans trading, investment banking, asset management, staking, self-custody, and tokenization technology. We also invest in and operate cutting-edge data center infrastructure to power AI and high-performance computing, addressing the growing demand for scalable energy and compute in the U.S.
  • We work at the intersection of finance and technology, helping institutions, startups, and developers navigate a digitally native economy. Led by CEO and Founder Michael Novogratz, our team blends deep crypto expertise with institutional experience and a shared commitment to shaping the future of Web3 and AI.
  • Galaxy is a global leader in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence.
  • We believe that blockchain and digital asset innovation will transform how value moves through the world - and we're building the products and services to make that future a reality.
  • Our institutional digital assets platform spans trading, investment banking, asset management, staking, self-custody, and tokenization technology.
  • We also invest in and operate cutting-edge data center infrastructure to power AI and high-performance computing, addressing the growing demand for scalable energy and compute in the U.S.
  • We work at the intersection of finance and technology, helping institutions, startups, and developers navigate a digitally native economy.
  • What We Value:
  • We are a diverse team of free thinkers, and fast movers united to help investors and creators energize the global economy.
  • We are looking for individuals who thrive in a culture of builders and overachievers and embrace high performance, transparent feedback, and a mission-first approach.
  • Our culture shapes our way of working and gets us where we want to be.
  • Seek Excellence.
  • Be Selective To Be Effective.
  • Be Highly Aligned, Loosely Coupled.
  • Disagree Transparently.
  • Encourage Independent Decision-Making.
  • Build Dream Teams.
  • Who You Are:
  • This is a high-impact role that sits at the nexus of trading, risk, quantitative modeling, and technology.
  • You will lead the design and evolution of our portfolio margin and risk framework - helping define the capital efficiency, safety, and scalability of Galaxy's multi-asset / multi- instrument trading platform.
  • This role demands a rare blend of quantitative fluency, systems architecture understanding, and trading intuition.
  • You should deeply understand how proper portfolio margin constructs work, how risk-based margin is calculated on a portfolio basis, and how linear and derivative instruments interact to drive capital requirements.
  • You must understand what "good" looks like for a franchise trading firm - from both a trader usability perspective and a balance sheet efficiency perspective.
  • We are an AI-first product organization.
  • You will be expected to leverage AI tools to:

Visa & Work Authorization

  • cluding transgender status), sexual orientation, marital or partnership or caregiver status, ancestry, national origin, citizenship status, disability, military or veteran status, protected medical condition as defined b
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This listing is sourced directly from GK8 by Galaxy's careers page and normalized into a canonical job model.