Director of Business Operations, Ondo

Salary not provided

+ Equity

Python
Excel
Notion
Senior and Expert level
Remote in US
Ondo

On-chain finance firm

Open for applications

Ondo

On-chain finance firm

21-100 employees

FintechB2CCryptocurrencySaaSBlockchain

Open for applications

Salary not provided

+ Equity

Python
Excel
Notion
Senior and Expert level
Remote in US

21-100 employees

FintechB2CCryptocurrencySaaSBlockchain

Company mission

To make institutional-grade financial products and services available to everyone.

Role

Who you are

  • Confidence that you can achieve the above target outcomes
  • At least 6 years of experience in business operations or similar roles
  • At least 2 years managing teams of 1 or more
  • Strong technical and analytical aptitude
  • An excellent operator with strong analytical skills
  • An excellent communicator (i.e. you are able to clearly and precisely communicate the appropriate information to the appropriate people at the appropriate times)
  • A systems thinker
  • Bringing order to chaos and mess
  • Making organizations run efficiently and effectively
  • Building and continuously improving systems
  • An ability to get things done via influence and persuasion
  • Building well-oiled functional teams and processes
  • Being the person that makes the team more effective, not necessarily the one that needs the limelight

Desirable

  • Python / deep excel experience
  • Some technical background and/or experience coding
  • Experience managing a global team
  • Experience setting up and/or managing 24/7/365 operations
  • VC-backed startup experience
  • Experience in blockchain and/or DeFi

What the job involves

  • Run, Coordinate, and Evolve our OKR Process
  • Work with the executive team to understand the high-level objectives and help organize them into a framework
  • Ensure that new initiatives get added and slotted into the framework
  • Run a period process to ensure things remain up to date and key initiatives are assigned, prioritized, tracked, and measured appropriately
  • Organize and Evolve our Slack Communications
  • Ensure slack channels are consistently named and organized
  • Create guidelines for when new channels should be created and archived
  • Ensure employees are well-trained and fluent in using its features and capabilities
  • Create and enforce communications standards and protocols
  • Organize and Evolve our Notion Instance
  • Ensure the information inside our Notion is well-organized such organization is understood by employees
  • Ensure employees are well-trained and fluent in using its features and capabilities and any agreed-upon conventions or processes
  • Manage and Facilitate our RAPID and Issue Log Processes
  • Initially created by Bain, the RAPID process is a way of coordinating, accelerating, and improving decision making
  • Issue Logs are a tool for recording issues / problems as they arise, tracing them to root causes, and implementing root-cause improvements
  • For both processes, create and ensure employees understand and abide by when and how to use them; ensure they flow through the agreed-upon processes, with clearly-assigned responsibilities and follow through, and ensure that nothing gets ‘stuck’ in the process for too long
  • As appropriate, track and monitor analytics to gain and share insights
  • As appropriate, generate and contribute substantively to relevant RAPIDs and Issue Logs
  • Act as a “Model Employee” Across Your Areas of Responsibility
  • Consistently model good behavior by following the processes and policies you set out, ensuring good data hygiene and follow through
  • Build & Maintain Key Company Analytics Dashboards
  • Ensure that all key processes, policies and KPIs are regularly measured and reported on
  • Conduct or lead the development of additional analysis to gain further insight
  • Regularly translate analytics into key insight and suggestions for other members of the team
  • Be constantly mindful of building processes and systems that give us the data we will need to gain deeper insights in the future
  • Draft Periodic Internal Company Updates
  • Regularly use the information cleaned from all the various processes and information systems to summarize what’s going on in the organization and, over time, make connections and generate insights and suggestions that other, less cross-functional roles might not make
  • Leverage Low-Code and No-Code Tools to Help Build and Manage Workflows and Automations
  • Identify opportunities to automate processes and integrate systems in ways that require minimal outside engineering support
  • Level 2 Analytical Support
  • As required / requested, perform more in-depth types of data analysis and/or financial modeling in Excel or Python
  • Run, Coordinate, and Evolve our “People” Functions
  • At least for some time, facilitate and oversee recruiting, employee onboarding, offboarding, performance reviews, building out training programs, setting up a 401k program, moving to a global PEO / employer of record, and the like

Our take

The crypto market hit it’s all-time peak in 2021 at a value of $3 trillion, whilst it’s not at the optimum place it was cryptocurrency is still very much challenging competitors in the digital currency market. Ondo finance is looking to innovate on top of the traditional crypto models offering ​​structure investment products to users. The company has two branches; an asset management tool and a technology tool that develops decentralized finance protocols, each with their own interface.

A huge win for the company was a 2023 tokenizing exposure to US Treasuries becoming the first tokenized bond backed by US Treasury bills and bank deposits. With this Ondo has stood its ground as a market leader alongside its continued efforts to roll out new tokenised real-world assets and nurture protocols that can support both tokenized real-world assets and traditional crypto. The company boasts a large amount of funding that has supported and continues to support development in the sector to retain its position in the space.

Freddie headshot

Freddie

Company Specialist

Insights

Top investors

Few candidates hear
back within 2 weeks

Company

Funding (2 rounds)

Apr 2022

$20m

SERIES A

Aug 2021

$4m

SEED

Total funding: $24m

Company benefits

  • Tokens, and/or equity (according to your preferences). We're well-funded and believe that great talent deserves great compensation
  • Full benefits (medical, vision, and dental) and flexible vacation policy (PTO)
  • Small remote-first team. You'll be an early team member helping shape our vision, culture, and Product practices
  • A+ colleagues. Our leadership team includes alumni from Goldman Sachs Digital Assets, Fortress, Bridgewater, and MakerDAO
  • Best-in-class investors. We are proud to be backed by leading funds and strategics (incl. Founders Fund, Pantera, GoldenTree, Coinbase, and CoinFund) and angels (incl. founders of AngelList, Anchorage, and Aave)

Company HQ

Midtown Manhattan, New York, NY

Leadership

Previously a Partner at ChainStreet Capital. Went on to focus on cryptocurrency market services within Digital Assets - Global Markets & GS AccelerateDigital Assets at Goldman Sachs.

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