Institutional Solutions Lead
Cycles is an open clearing protocol that lets anyone clear their debts privately, securely, and accessibly using any type of currency or credit that works for them, bringing the benefits of traditional bank clearing clubs to a broader audience.
Funding
Projects
About Cycles
Cycles positions itself as 'The Open Clearing Protocol,' inspired by the way banks have historically formed closed clearing clubs to settle large amounts of debt using little or no actual money. Cycles aims to open up this capability to everyone, allowing individuals and institutions who would otherwise be forced to settle in cash to instead clear debts using any currency or credit that works for them. The company also offers institutional solutions, including a 'Cycles Prime' product line focused on institutional business development and product needs, suggesting it serves both individual and institutional clients in the debt clearing and settlement space.
Skills
About the Role
You will help shape the product, carry the technical conversation on customer calls, stay close to firms through pilot, and run parts of deals yourself. You bring hands on trade ops experience from a trading firm to help move Cycles Prime from pilot to production with some of the largest crypto trading firms in the market.
Requirements
- Five to ten years of experience, with at least a few in trade operations, middle office, or settlement ops at a crypto trading firm, OTC desk, market maker, prime broker, exchange, or TradFi institution
- Knowledge of post trade: settlement, reconciliation, collateral, counterparty risk, treasury
- Hands on experience with settlement stack tools such as Fireblocks, ClearLoop, BitGo Go Network, CUBIX, or similar
- Experience with TradFi tri party, prime brokerage platforms, or CCP workflows
- Experience with post trade and OEMS tools like Talos is a plus
- Understanding of crypto market structure across centralized venues, OTC, and on chain settlement
- Ability to hold conversations with heads of ops or risk leads and translate feedback to product teams
- High agency and ability to operate without a playbook
Responsibilities
- Run the account from onboarding through pilot, handling integrations and unblocking issues for buyers and users
- Support BD and partnerships, working with the exec team on strategy
- Carry the technical and operational conversation on calls with heads of ops, middle office, risk, and treasury
- Tighten how the company pitches to the ops side of firms
- Work directly with engineering and leadership on product direction
- Turn counterparty feedback into real requirements
- Catch workflow issues before shipping to ensure they hold up in live ops
Benefits
- A unique, caring and friendly culture
- 20 days (4 weeks) of paid vacation annually
- Company closure from December 25th to January 1
- Annual Lifestyle benefits (reimbursements for gym memberships, fitness equipment, etc)
- A remote first, flexible work environment
- Annual company retreats
- Paid parental leave