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CoinDCX

Assistant Vice President - Markets

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  • Posted 18 hours ago
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Job Description

The CoinDCX journey: building tomorrow, today

At CoinDCX, we believe CHANGE STARTS TOGETHER. You are the driving force that will help us make Web3 accessible to all.

In the last six years, we have skyrocketed from being India's first crypto unicorn to carrying a community of over 125 million with us. To continue maximising the adoption and acceleration of Web3, we are now focused on developing cutting-edge products, addressing accessibility and security challenges, and bridging the gap between people and Web3 technologies.

While we go ahead and keep dominating the Web3 world, we would like to HODL you on our team! Join our team of passionate innovators who are breaking barriers and building the future of Web3. Together, we will make the complex simple, the inaccessible accessible, and the impossible possible.

Boost your innovation to an ALL TIME HIGH with us!

Inside CoinDCX's Trade, Custody, and Business Operations Team

Our Operations team is an awesome group of collaborators, who love to solve first-of-its-kind problems with a lot of autonomy, creativity, and fun. We're on a journey of accelerating growth and establishing processes, with exciting opportunities to shape the future of VDA, Web3, and blockchain technology. At CoinDCX, you'll not only be at the forefront of innovation but also learn from the best while building the future of Web3. Coin your trust in us as we create magic together!

You need to be a HODLer of these

Experience

  • 8+ years of experience in operations, with at least 3-5 years in leadership roles
  • Strong background in trading operations and/or custody operations, preferably in crypto/digital assets or traditional financial markets
  • Proven track record of managing large-scale operations with significant asset/revenue responsibility
  • Experience managing and scaling operations teams of 10+ members

Technical Knowledge

  • Deep understanding of cryptocurrency trading mechanics (spot, futures, options, margin trading)
  • Strong knowledge of custody solutions, wallet management, and blockchain technology
  • Familiarity with exchange operations, order management systems, and risk management frameworks
  • Understanding of regulatory landscape for crypto in India

Core Competencies

  • Problem Solving : Exceptional analytical and problem-solving abilities; able to diagnose complex operational issues and design innovative solutions
  • People Management : Proven ability to build, lead, and inspire teams; strong mentorship and talent development skills
  • Operational Rigour : Obsessive attention to detail with a process-driven mindset; ability to build scalable operations
  • Risk Management : Strong risk assessment capabilities with a proactive approach to identifying and mitigating operational risks

Preferred Qualifications

  • Experience in cryptocurrency exchanges, brokers, or fintech platforms
  • Background in traditional financial services (trading desks, custody banks, brokerages)
  • Knowledge of blockchain explorers, on-chain analysis, and smart contracts
  • Familiarity with regulatory compliance (PMLA, KYC/AML) in Indian context
  • Engineering or Finance background with MBA preferred

You will be mining through these tasks

Team Leadership

  • Lead and manage two critical teams: Trade Operations and Custody Operations
  • Build, mentor, and develop high-performing operations teams
  • Foster a culture of operational rigour, accountability, and continuous improvement
  • Drive cross-functional collaboration with Technology, Product, Risk, and Compliance teams

Trade Operations Management

  • Own and minimize trading losses and revenue leakage in partnership with Tech/Product teams
  • Optimize exposure settlement processes to prevent delayed settlement losses
  • Implement risk controls for futures positions management
  • Drive operational excellence to reduce trade rejections:
  • Ensure adequate fund availability and liquidity management
  • Manage order placement limits and position limits effectively
  • Reduce operational controllable rejections to industry-leading levels
  • Oversee corporate actions and user compensations:
  • Manage listing, delisting, redenomination, and rebranding events
  • Achieve exceptional turnaround time (TAT) and Net Promoter Score (NPS)
  • Optimize margin efficiency:
  • Solve for USDT supply challenges to maintain User Margin/Company Margin ratio < 1 in futures trading
  • Implement innovative liquidity and margin management solutions

  • Custody Operations Management

    • Establish and maintain state-of-the-art systems across hot/warm/cold custody
    • Maintain and develop stringent custody risk controls
    • Design and implement robust custody protocols, multi-signature workflows, and disaster recovery procedures
    • Ensure compliance with custody best practices and regulatory requirements

    Operational Rigour & Process Excellence

    • Establish and monitor key performance indicators (KPIs) and operational metrics
    • Implement process automation and operational efficiency improvements
    • Design and maintain standard operating procedures (SOPs) for all critical operations
    • Drive incident management, root cause analysis, and preventive action frameworks
    • Ensure operational resilience through business continuity planning
    • Design and maintain systems that ensure minimal market risk and mitigate market risk proactively across spot, derivatives and earn products

    Key Performance Indicators

    Custody Operations Metrics

    • Minimise counterparty risk across third party exchanges
    • Maximise funds in cold wallets



    Market Operations Metrics

    • Minimise trading losses and leakages as % of revenue
    • Operational rejection rate: reduce by eliminating controllable factors (funds, limits)
    • Corporate actions NPS and TAT: achieve best-in-class user experience
    • Futures margin efficiency

    Are you the one Our missing block

    • You are knowledge-hungry when it comes to VDA and Web3, always eager to dive deeper and stay ahead in this evolving space.
    • The world of Web3 and VDA excites you, fueling your curiosity and driving you to explore new opportunities within this dynamic landscape.
    • You act like an owner, constantly striving for excellence, impact, and tangible results in everything you do.
    • You embrace a We over Me mindset, growing individually while fostering the growth of those around you.
    • Change is your catalyst, igniting your passion to build and innovate.
    • You think outside the box, unbound by limitations or doubt, always pushing the boundaries of what's possible.

    Perks That Empower You

    Our benefits are designed to make a lasting impact on your life, giving you the freedom to create a work-life balance that truly suits you.

    • Design Your Own Benefit: Tailor your perk package to fit your unique needs. Whether you're eyeing a new gadget or welcoming a furry friend into your life, our flexible benefits ensure that you can prioritize what matters most to you.
    • Unlimited Wellness Leaves: We believe in the power of well-being. Take the time you need to recharge, knowing that your health is our priority. With unlimited wellness leaves, you can return refreshed, ready to build and grow.
    • Mental Wellness Support: Your mental health is as important as your professional growth. Benefit from access to health experts, free counseling sessions, monthly wellness workshops, and regular team outings, all designed to help you stay balanced and connected.
    • Bi-Weekly Learning Sessions: These sessions are more than just updatesthey're opportunities to fuel your growth. Stay ahead with the latest industry knowledge, sharpen your skills, and accelerate your career in an ever-evolving landscape.

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    About Company

    Job ID: 145300841