Managing Director, Global Markets Strategy and Execution

Anchorage Digital is building the world’s most advanced digital asset platform for institutions to participate in crypto. The Managing Director will lead operational and non-trading functions for Anchorage Digital Prime, focusing on complex trade vetting, process design, risk compliance, and strategic business operations.

Responsibilities:

• Act as the orchestrator for non-standard, complex, or high-value trades (e.g., structured derivative products, non-vanilla financing arrangements) across all three desks
• Collaborate with Front Office and Middle/Back Office to design, document, and implement robust, scalable, and efficient operational workflows
• Be the senior escalation point for trade breaks, settlement failures, reconciliation issues, and other operational delays, driving swift resolution
• Support the Head of Global Markets in maintaining a close relationship with the Risk team, ensuring that all operational workflows are built with risk mitigation as a core requirement
• Ensure all trading activities adhere to internal policies, regulatory requirements, and jurisdictional rules
• Manage relationships and necessary documentation (e.g., ISDA, CSA, GMRA, MSLA) with prime brokers and custodians
• Partner with the Head of Technology to plan and execute infrastructure upgrades and capacity planning to support desk growth and evolving complexity
• Evaluate, onboard, and manage external technology and service providers critical to the trading and operations function
• Leverage knowledge of Global Markets, including Spot, Prime Financing, and Derivatives, to provide strategic direction and operational guidance
• Assist the Head of Global Markets in staying on top of divisional risk, implementing the monitoring systems and controls required to maintain a strong partnership with the Risk team
• Architect and launch new, high-impact business frameworks, integrating market activities with Product and Engineering teams to deliver scalable infrastructure-as-a-service
• Develop a deep working knowledge of the technical architecture of our products to support both current revenue and future pipeline development
• Demonstrate strong writing and presentation skills to document execution roadmaps and business plans for executive leadership
• Serve as the path owner for strategy execution, determining the methods necessary to move the business forward against internal deadlines and market shifts
• Support the Head in proactively identifying bottlenecks and operational risks, ensuring the division remains compliant with global regulatory requirements
• Lead the internal New Product Committee process, conducting thorough due diligence on the operational, compliance, and legal impact of proposed new products
• Navigate the unique challenges of a global, 24/7 market, resolving senior escalations for trade breaks, settlement failures, or reconciliation issues
• Support the commercial team by ensuring the infrastructure is capable of delivering on future-state products while maintaining excellence in current-state services
• Collaborate across Sales, Legal, Risk, and Compliance to define strategy, prioritization, and resolve roadblocks
• Cultivate deep knowledge of core operations, customer experience, and compliance to ensure new Global Markets services are seamlessly integrated
• Direct the prioritization and development of key product features and automation from a strategy and business perspective
• Play an active role in promoting and growing the Global Markets division within the broader strategic priorities and Product and Engineering goals of the firm
• Independently document and execute strategic proposals, business plans, and execution roadmaps
• Independently lead client-facing discussions and oversee business line deals, establishing feedback loops on services and products
• Cross direct team and functional boundaries to gain consensus, identify solutions, and present to senior stakeholders and executive leadership
• Mentor and guide team members on internal best practices and team strategies to promote discipline against strategic goals

Requirements:

• Experience in leading operational and non-trading functions for a trading business
• Strong analytical skills and hands-on experience in trading business operations
• Ability to orchestrate non-standard, complex, or high-value trades
• Experience in designing, documenting, and implementing operational workflows
• Proven track record in issue resolution for trade breaks, settlement failures, and reconciliation issues
• Strong partnership with risk teams to ensure operational workflows include risk mitigation
• Knowledge of compliance requirements and ability to ensure adherence to internal policies and regulations
• Experience in managing relationships and documentation with prime brokers and custodians
• Ability to partner with technology teams for infrastructure upgrades and capacity planning
• Experience in evaluating and managing external technology and service providers
• Applied expertise in Global Markets, including Spot, Prime Financing, and Derivatives
• Ability to assist in implementing monitoring systems and controls for risk management
• Experience in architecting and launching new business frameworks
• Deep working knowledge of technical architecture of products
• Strong writing and presentation skills for documenting execution roadmaps and business plans
• Ability to own strategy execution and determine methods to move the business forward
• Experience in proactively identifying bottlenecks and operational risks
• Leadership experience in conducting due diligence on new products
• Ability to manage operations in a global, 24/7 market environment
• Experience in supporting commercial teams with infrastructure capabilities
• Ability to collaborate across various departments to define strategy and resolve roadblocks
• Deep knowledge of core operations, customer experience, and compliance
• Experience in directing prioritization and development of product features
• Active role in promoting and growing the Global Markets division
• Ability to independently document and execute strategic proposals and business plans
• Experience in leading client-facing discussions and overseeing business line deals
• Ability to gain consensus across direct teams and functional boundaries
• Experience in mentoring and guiding team members on best practices