ABOUT FIRST CRYPTO EXCHANGE LLC
First Crypto Exchange LLC (FCE) is a digital asset trading platform that enables individuals and institutions to buy, sell, and manage cryptocurrencies securely and efficiently.
FCE is committed to building a trusted, well-governed exchange, combining robust market infrastructure with strong financial controls, regulatory compliance, and operational transparency.
As the business scales, FCE is building out a treasury function to safeguard the firm's fiat and digital asset positions and support sustainable growth.
JOB OVERVIEW
First Crypto Exchange LLC (FCE) is seeking a Treasury Manager to oversee the firm's fiat and digital asset treasury operations.
This role owns day-to-day liquidity and cash management, riskless principal trading oversight, wallet and custody operations, counterparty and banking relationships, and treasury risk controls.
The Treasury Manager will work closely with the CFO to ensure the firm maintains adequate liquidity, sound risk limits, and strong operational controls across all treasury activity.
KEY RESPONSIBILITIES
• Manage daily treasury operations across fiat and digital assets, including cash positioning and intraday liquidity.
• Oversee riskless principal trading, ensuring client trades are matched and hedged with no unintended market exposure.
• Monitor liquidity across exchange wallets, banking partners, and trading venues, maintaining sufficient fiat and crypto balances for client and operational needs.
• Manage hot and cold wallets, including transfers, custody, withdrawal approvals, security, and segregation-of-duties controls.
• Execute and monitor fiat and crypto settlements, ensuring timely and accurate fund transfers between banks, custodians, and trading counterparties.
• Manage relationships with banks, custodians, liquidity providers, and market makers.
• Monitor counterparty exposure and credit risk across exchanges, custodians, and trading partners, escalating any limit breaches.
• Perform daily cash and crypto reconciliations across internal systems, exchange wallets, and custodial accounts.
• Monitor market, liquidity, and settlement risks, ensuring treasury and trading activities stay within board-approved limits.
• Develop and maintain treasury policies and procedures covering liquidity, custody, counterparty, and market risks, aligned with regulatory and industry updates.
• Work with the CFO on cash flow forecasting, funding needs, and capital allocation across fiat and digital assets.
• Support regulatory reporting related to treasury, liquidity, and capital adequacy.
• Track and report treasury KPIs, including liquidity ratios, wallet balances, settlement times, and counterparty exposure.
QUALIFICATIONS & SKILLS
• Bachelor's degree in Finance, Economics, or a related field.
• 3-5 years of experience in treasury, trading operations, or liquidity management, ideally within crypto, fintech, or financial markets.
• Solid understanding of riskless principal trading / market-making concepts and hedged position management.
• Familiarity with crypto custody, hot/cold wallet management, and blockchain transaction processes.
• Strong understanding of liquidity risk, counterparty risk, and market risk management.
• Comfortable working with treasury/trading systems and reconciling data across banking, custody, and exchange platforms.
• Excellent analytical, reconciliation, and problem-solving skills with high attention to detail.
• Ability to operate effectively in fast-moving, 24/7 crypto markets and respond to time-sensitive liquidity events.
• Strong communication skills to manage relationships with banks, custodians, and trading counterparties
WORKING CONDITIONS & BENEFITS
- Compensation: Competitive compensation based on experience
- Vacation: 20 working days per year
- Sick Leave: 10 days per year
- Days Off: 5 days per year
- Public Holidays: 8–10 days per year, depending on the holiday calendar of different countries
- Location: Remote, with potential relocation to the UAE
(In case you are already based in the UAE, especially in Dubai, we would be happy to offer you an office-based setup and have you join us directly from our Dubai office.)