Associate - Custody Operations

The CoinDCX Journey: Building the Future of Finance

At CoinDCX, our mission is to make crypto and blockchain accessible to every Indian by building secure, scalable, and high-performance financial systems.

As our Markets business scales in volume, complexity, and transaction throughput, the integrity of digital asset custody, settlement accuracy, and liquidity availability become mission-critical. Every fund transfer, reconciliation, and liquidity decision directly impacts our ability to serve clients and maintain trust in the ecosystem.

This role sits at the heart of our Custody Operations function, ensuring that our digital asset infrastructure runs with precision, transparency, and zero tolerance for operational failures.

About The Role

We are seeking a detail-oriented and analytical professional to join our Custody Operations team. You will be responsible for the management of digital asset custody, settlement processes, and liquidity management across third-party exchanges and custody platforms.

This role is critical to maintaining operational excellence across:

Exposure settlement and fund transfer execution
Liquidity planning and real-time position monitoring
Proactive risk identification and operational controls

You will work closely with Trade Operations, OTC Desk, Finance, Analytics, Product, and Engineering teams to ensure our custody infrastructure is reliable, auditable, and continuously improving.

Why This Role Exists

As CoinDCX's trading volumes grow and our exchange relationships multiply, the complexity of managing multi-exchange custody positions demands a dedicated operational layer. There is a critical need for someone who can:

Ensure zero settlement failures through disciplined fund transfer and reconciliation discipline
Maintain optimal liquidity buffers to support continuous and uninterrupted exchange operations
Proactively identify and flag risks before they become operational incidents
Build robust controls and documentation that scale with the business

This role ensures the Custody Operations function runs with the precision, accountability, and resilience that the future of digital asset finance demands.

What You'll Do

Custody & Settlement Management

Execute daily fund transfers to maintain optimal balances across exchange wallets
Ensure timely reconciliation of custody positions and settlement activities, conduct RCAs of identified gaps
Manage end-to-end exposure calculations and settlement for spot trades executed on third-party exchanges
Monitor and maintain adequate liquidity buffers to support continuous exchange operations

Liquidity Planning & Monitoring

Develop and implement liquidity forecasting models based on trading patterns and operational needs
Proactively plan fund allocation across multiple exchanges to optimise capital efficiency
Track real-time liquidity positions and execute rebalancing activities as needed

Risk Management & Controls

Flag anomalies, threshold breaches, or liquidity shortfalls to relevant stakeholders
Implement and maintain operational controls for custody-related processes
Monitor wallet health, transaction success rates, and settlement exceptions
Conduct regular checks of custody records and maintain comprehensive documentation

Cross-Functional Collaboration

Collaborate closely with Trade Operations, OTC Desk, Finance, Analytics, Product, and Engineering teams
Provide operational insights to support product development and system improvements
Work with the Analytics team to develop dashboards and reporting for custody metrics
Coordinate with Engineering on system integrations and automation initiatives

You'll Excel in This Role If You Have

Core Requirements

2–5 years of experience in operations, finance, treasury, or related functions
Strong understanding of financial markets, trading operations, or treasury management
Experience with reconciliation, settlement processes, and liquidity management
Excellent numerical aptitude and analytical capabilities
Proficiency in Excel / Google Sheets (advanced formulas, pivot tables, data analysis)
Ability to work comfortably with data, reports, and operational dashboards
Proven track record of taking ownership and driving tasks to completion

Preferred

Prior experience in cryptocurrency / digital asset operations or exchanges
Familiarity with blockchain technology, wallet management, and crypto settlement processes
Background in fintech, trading firms, or payment operations
Experience with SQL, Python, or other data analysis tools
Understanding of risk management frameworks and operational controls

What You'll Bring

Operational Precision & Settlement Discipline
Liquidity Management & Forecasting
Risk Identification & Controls Implementation
Cross-Functional Stakeholder Collaboration
Data Analysis, Reporting & Dashboard Management

You'll Know You're Winning When

100% of daily fund transfers, exposure settlements are executed on time with zero settlement failures
Liquidity buffers are consistently maintained across all exchanges with no operational disruptions
All custody positions are reconciled and documented with RCAs on identified gap on a daily basis
Risk flags and threshold breaches are identified and escalated proactively — before they escalate into incidents
Dashboards and reports provide real-time visibility into custody health and liquidity positions
Cross-functional partners rely on Custody Ops as a trusted, proactive operational layer

What Success Looks Like

A fully operational and documented custody framework with zero settlement backlogs and complete reconciliation coverage
A proactive risk and liquidity monitoring system that prevents operational incidents before they occur
Strong cross-functional relationships where Custody Ops is seen as a reliable and insight-driven partner across the business

Hiring Process

Here's what your interview journey with CoinDCX looks like:

Application Review
Recruiter Connect
Technical Round 1
Technical Round 2
Culture & Values Discussion

Ready to Help Build the Future of Digital Asset Operations?

If you are passionate about operational excellence, digital assets, and building the infrastructure that powers the next generation of financial services, this role puts you at the core of CoinDCX's growth story.

Join CoinDCX and help build the custody backbone of the future of finance.

Work Location: Bengaluru