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

Galaxy is seeking a seasoned Product Manager with 7+ years of experience across derivatives, portfolio risk, and margin infrastructure. 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:

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 You should be comfortable using AI as a force multiplier - not as a novelty - embedding it directly into your product development workflow.

You should have experience building or enhancing margin systems at a bank, exchange, clearinghouse, or fintech trading platform. Ideally, you've worked in a smaller fintech or greenfield environment where you have seen the full lifecycle end-to-end - from risk model design and instrument setup to pre-trade buying power logic and post-trade margin recalculation.

If your experience is primarily from a large bank or institution, you must demonstrate that you have operated effectively in ambiguous or grey environments - driving new builds, defining frameworks from scratch, and navigating incomplete specifications without relying on rigid legacy processes.

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.

Strong preference for experience at client-facing, risk-taking trading firms such as options market makers, prime brokers, exchanges, or IB sales & trading desks - especially where you've built or enhanced automated / low-touch risk and margin systems.

Key Responsibilities

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

Experienced: 7+ years in trading product, margin, derivatives, or risk systems across TradFi and crypto/fintech.
Quantitative: Fluent in portfolio margin, VaR/ES, scenarios, correlations, stress tests, and Greeks.
Systems-oriented: Understand instrument modeling, position aggregation, and real-time margin/risk engines.
Margin-native: Know Reg-T vs portfolio margin, overlays, cross-margining, and capital efficiency.
AI-native: Use AI daily for research, prototyping, docs, and solution design.
Ambiguity-capable: Comfortable building in fintech or unclear bank environments.
Trading-aligned: Partnered with traders; value latency, determinism, and simple workflows.
Analytical & user-centric: Use data to prioritize for commercial impact and turn complex ideas into actionable requirements and successful products.

Preferred / Nice-to-Have Qualifications

Experience building or enhancing portfolio margin systems at a clearinghouse, exchange, or prime broker.
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.

Perks & Compensation

Competitive base salary and discretionary bonus
Hybrid/Flexible Working Arrangements
Flexible Time Off (paid)
3% 401(k) company contribution
Company-paid health and protective benefits for employees, partners, and other dependents
Generous paid Parental Leave
Competitive family planning benefits for US employees
Opportunities to learn about the Crypto industry
Smart, entrepreneurial, and fun colleagues
Free daily snacks and weekly breakfasts/lunches
Employee Resource Groups
Free virtual coaching and counseling sessions through Headspace Apply now and join us as we grow the economy that runs on code.

The base salary ranges included below will be commensurate with candidate experience, expertise and local market. Final offer amounts are determined by multiple factors, including candidate experience and expertise. At Galaxy, we maintain a total compensation philosophy which consists of a competitive base salary, annual bonus, and equity incentives.

Base Salary Range $250,000 - $270,000 USD 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.

Director, Product Manager (Portfolio Margin and Risk)