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Head of Market Data Development and Engineering

London, NewYorkPosted 160 days ago

About the Company

Galaxy Digital Inc. (Nasdaq: GLXY) is a global leader in digital assets and data center infrastructure, growing the economy that runs on code. Galaxy delivers the onchain infrastructure that connects institutions to digital assets, including trading, advisory, asset management, staking, self-custody, and tokenization. Galaxy also develops and operates data center infrastructure to power AI and HPC workloads. Anchored by its Helios campus in Texas, Galaxy is building a multi-gigawatt pipeline of more than 5.7 GW of potential capacity, positioning it among the largest and fastest-growing data center developers in North America.

The Company is headquartered in New York City, with offices across North America, Europe, the Middle East, and Asia.

Additional information about Galaxy's businesses and products is available on www.galaxy.com.

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.

Candidate Profile & Mindset

We are seeking an experienced Head of Market Data Development and Engineering to lead the development, delivery, acquisition, governance, and optimization of market data for both digital and traditional assets across the firm.

This role sits at the intersection of trading and technology ensuring high-quality, cost-effective, performant, and compliant data services that power trading, research, and risk systems.

You'll work closely with trading teams, stakeholders, and external partners to deliver critical initiatives that drive our business forward. If you're a natural problem-solver with a passion for hands-on technical development in a global, fast-paced environment, we want to hear from you.

Key Responsibilities

  • Market Data Strategy & Architecture
    • Define and execute a unified market data strategy across centralized crypto exchanges (CEX), decentralized venues (DEX), and traditional markets
    • Design scalable, low-latency data architecture supporting tick-level, order book, and on-chain data
    • Evaluate build vs. buy decisions for internal data platforms vs. external providers
  • Development Manager and hands on Development
    • Lead a small team of developers and be hands on yourself
    • Design and build a Market Data API to front all data sources including custom feedhandlers, vendor platforms, Kdb+, and DataBricks
    • Manage the Market data messaging bus used by all internal applications in the firm
  • Crypto Market Data & Vendor Management
    • Build relationships with crypto exchanges (e.g., Binance, Coinbase, Deribit, OKX), data aggregators, and node providers
    • Assist our vendor management team with commercial negotiations, licensing, and exchange agreements across both crypto and traditional markets
  • Data Quality, Normalization & Coverage
    • Ensure high-quality, normalized datasets across fragmented crypto venues (symbol mapping, schema standardization, latency benchmarking)
    • Oversee ingestion of real-time order book data, trades, reference data, funding rates, and on-chain metrics
    • Establish monitoring and alerting frameworks for data integrity and completeness
  • Cost Management & Optimization
    • Manage and optimize the global market data budget across crypto and traditional vendors
    • Identify cost-saving opportunities through vendor consolidation, direct exchange connectivity, and internal data solutions
    • Implement usage tracking and chargeback models where appropriate
  • Infrastructure Partnership
    • Partner with infrastructure teams to build the pipes necessary to bring in market data
    • Support hybrid environments (on-prem + cloud) and ensure resilience, redundancy, and scalability
    • Enable data access for research, backtesting, and production trading systems
  • Regulatory & Compliance Oversight
    • Ensure compliance with exchange licensing, redistribution rules, and evolving crypto regulatory frameworks
    • Implement entitlement controls, audit trails, and governance policies across all data usage
  • Stakeholder Collaboration
    • Work closely with trading, quant research, risk, and portfolio management teams to deliver data solutions
    • Support onboarding of new exchanges, instruments (perpetuals, options), and strategies
    • Act as the firm's subject matter expert on both crypto and cross-asset market data
  • Leadership & Team Development
    • Build and lead a high-performing development team
    • Establish best practices for market data onboarding, validation, and lifecycle management
    • Foster a culture of innovation, automation, and operational excellence
  • Embrace and champion the thoughtful adoption of AI to improve team performance and business outcomes.
  • Leverage AI tools (e.g., generative AI, automation platforms, data copilots) to improve productivity, decision-making, and output quality in your day-to-day work.

Qualifications & Requirements

  • 10+ years of experience in custom development of real time market data platforms within a trading firm, hedge fund, or financial institution
  • Knowledge of key market data vendors, exchanges, and licensing models
  • Strong understanding of trading workflows, asset classes (equities, futures, options, FX, fixed income), and data types (real-time, reference, historical)
  • Experience with low-latency data systems, market data feeds, APIs, and streaming technologies
  • Strong analytical and problem-solving skills with attention to detail
  • Excellent communication skills, with the ability to engage both technical and business stakeholders

Preferred / Nice-to-Have Qualifications

  • Familiarity with on-chain data, blockchain nodes, and crypto data providers

Perks & Compensation

  • Competitive base salary and discretionary bonus
  • Company-paid health and protective benefits for employees and their eligible dependents
  • Free virtual coaching and counseling sessions
  • Opportunities to learn about the Crypto industry
  • Smart, entrepreneurial, and fun colleagues
  • Employee Resource Groups
  • Free coaching and counseling sessions through Headspace

Apply now and join us as we grow the economy that runs on code.

We will endeavor to make a reasonable accommodation to the known limitations of a qualified applicant with a disability unless the accommodation would impose an undue hardship on the operation of our business. If you believe you require such assistance to complete the application process or to participate in an interview, please contact careers@galaxy.com.

About Galaxy Digital

Galaxy Digital, founded in 2018 in New York by Mike Novogratz, is a diversified crypto financial services firm spanning trading, asset management, investment banking and mining. Listed in Toronto (GLXY) with $10B+ AUM and a large OTC desk, Galaxy advised on major mining and protocol deals. New York-headquartered with hubs in London, Hong Kong and San Francisco, it bridges traditional finance and crypto. Expect markets rigor and cross-asset thinking. Galaxy Digital is a leading digital asset and blockchain financial services firm, offering institutional trading, asset management, investment banking, and Bitcoin mining. Galaxy Digital operates across digital asset asset management, principal investments, institutional trading, and Bitcoin infrastructure with full regulatory compliance.