Treasury Associate at Quidax
Quidax is the simplest and most secure way to buy and sell bitcoin, ethereum, ripple and other altcoins.
Read more about this company
- Job Type Full Time
- Qualification BA/BSc/HND
- Experience None
- Location Lagos
- Job Field Finance / Accounting / Audit
We are looking for someone to jump onboard our Treasury Team as an associate. Let’s say we would prefer someone who is a fan of numbers and markets. Someone who has some experience making markets happen and gets excited about charts & candles (sidebar: these are very very special kind of people – not to be messed with).
The role is an experienced role so would need to have some prior experience in a Treasury team, preferably in a bank and the sweetest spot is within the forex division. Something else that would be very helpful for the role is if you’ve had some Asset and Liability Management Experience (ALM). 3-5 years of experience would be sufficient for the role. The ideal person would be excited to change assets/markets they trade (USD/JPY) to cryptocurrency ,workplace culture from very very serious, to vibessss and also seeking a lot more control and ownership in their career.
We work primarily onsite at our office in Lagos (Lekki) from 9–5 every day, so you would have to be prepared to come to the office every day. And if you say oh, what about COVID, we are all working from home right now but we are firm believers in the human race and our ability to overcome this. So in a matter of time, we would be working from the office again seeing beautiful faces.
We always and strongly encourage candidates from all backgrounds and identities to apply. With each new hire, we look to diversify, strengthen our team and be more purposeful about building our culture. On the other hand, we look to give you the opportunity to grow, do the most impactful work of your life tackling problems that matter while being happy doing it.
About the Job
On a daily basis what you are going to be doing would involve executing treasury functions and plans. Creating systems to ensure our Assets and Liabilities are properly managed. Also carrying out market-making functions on the exchange, helping to pull in liquidity from various partners to ensure that our customers are able to at every time to buy and sell the assets that they need to trade. This volume and our capacity is supposed to greatly increase over time.
Another part of the job would be treasury dealings with OTC partners. You would be a core part of defining how much risk we can take per time and also risk rating for various partners and the trading service level agreements for the partners to ensure that we don’t lose money when we are trading with partners or take risk beyond our threshold.
The core responsibility of the team is to first ensure that our assets and liabilities are in check and we are in a good financial position at every time. The second priority would be ensuring we are well on our way to become the most liquid exchange in Africa and customers can buy and sell all they need to at any point in time. Third would be managing liquidity partners and treasury relationships with OTCs and other exchanges.
Here’s an example of what your day to day at Quidax might look like:
Monitor industry-related and competitive channels for trending news and ideas.
Analyse our current financial position to understand how liquid we are
Think of how to run your outfits to do the books as outfits challenge
Update all our OTC partners with our buy and sell rates
Think up ideas to extend our liquidity reach
Recite humpty dumpty poem to cool off
Sign up for the intercompany Co-Ed football games
It differs from day-to-day.