Head of Market Data Development and Engineering

galaxydigitalservices; New York (NY); On-site; USD 180,000 - 280,000; Full time

Job summary

Galaxy Digital Inc. seeks a seasoned Head of Market Data Development and Engineering to lead cross-asset market data delivery, governance, and optimization. You will oversee the architecture for high‑quality, low‑latency data supporting trading, research, and risk systems, while coordinating with traders and external partners.

You will mentor a developing team, drive vendor relations, and champion scalable, compliant data solutions in a fast-paced, global environment.

Qualifications

• Experience leading market data development teams.
• Proven ability to design low-latency, scalable data architectures.
• Strong collaboration with trading, risk, and quant teams.

Responsibilities

• Define and execute a unified market data strategy across crypto and traditional venues.
• Lead hands-on development in Java and build a Market Data API.
• Oversee data ingestion, normalization, and reliability across sources.

Skills

Market data

Java

Leadership

Data architecture

Crypto markets

Tools

Kdb+

DataBricks

Vendor platforms

Job description

Who We Are:

Galaxy Digital Inc. (Nasdaq: GLXY) is a global leader in digital assets and data center infrastructure, growing the economy that runs on code. Galaxy delivers the onchain infrastructure that connects institutions to digital assets, including trading, advisory, asset management, staking, self-custody, and tokenization. Galaxy also develops and operates data center infrastructure to power AI and HPC workloads. Anchored by its Helios campus in Texas, Galaxy is building a multi-gigawatt pipeline of more than 5.7 GW of potential capacity, positioning it among the largest and fastest-growing data center developers in North America.

The Company is headquartered in New York City, with offices across North America, Europe, the Middle East, and Asia.

Additional information about Galaxy's businesses and products is available on www.galaxy.com .

What We Value:

We are a diverse team of free thinkers, and fast movers united to help investors and creators energize the global economy. We are looking for individuals who thrive in a culture of builders and overachievers and embrace high performance, transparent feedback, and a mission-first approach. Our culture shapes our way of working and gets us where we want to be.

Seek Excellence.

Be Selective To Be Effective.

Be Highly Aligned, Loosely Coupled.

Disagree Transparently.

Encourage Independent Decision-Making.

Build Dream Teams.

Who You Are:

We are seeking an experienced Head of Market Data Development and Engineering to lead the development, delivery, acquisition, governance, and optimization of market data for both digital and traditional assets across the firm.

This role sits at the intersection of trading and technology ensuring high-quality, cost-effective, performant, and compliant data services that power trading, research, and risk systems.

You'll work closely with trading teams, stakeholders, and external partners to deliver critical initiatives that drive our business forward. If you're a natural problem-solver with a passion for hands‑on technical development in a global, fast‑paced environment, we want to hear from you.

What You'll Do:

Market Data Strategy & Architecture

• Define and execute a unified market data strategy across centralized crypto exchanges (CEX), decentralized venues (DEX), and traditional markets
• Design scalable, low‑latency data architecture supporting tick‑level, order book, and on‑chain data
• Evaluate build vs. buy decisions for internal data platforms vs. external providers

Development Manager and hands on Development

• Lead a small team of developers and be hands on yourself in Java
• Design and build a Java based Market Data API to front all data sources including custom feedhandlers, vendor platforms, Kdb+, and DataBricks
• Manage the Market data messaging bus used by all internal applications in the firm

Crypto Market Data & Vendor Management

• Build relationships with crypto exchanges (e.g., Binance, Coinbase, Deribit, OKX), data aggregators, and node providers
• Assist our vendor management team with commercial negotiations, licensing, and exchange agreements across both crypto and traditional markets

Data Quality, Normalization & Coverage

• Ensure high‑quality, normalized datasets across fragmented crypto venues (symbol mapping, schema standardization, latency benchmarking)
• Oversee ingestion of real‑time order book data, trades, reference data, funding rates, and on‑chain metrics
• Establish monitoring and alerting frameworks for data integrity and completeness

Cost Management & Optimization

• Manage and optimize the global market data budget across crypto and traditional vendors
• Identify cost‑saving opportunities through vendor consolidation, direct exchange connectivity, and internal data solutions
• Implement usage tracking and chargeback models where appropriate

Infrastructure Partnership

• Partner with infrastructure teams to build the pipes necessary to bring in market data
• Support hybrid environments (on‑prem + cloud) and ensure resilience, redundancy, and scalability
• Enable data access for research, backtesting, and production trading systems

Regulatory & Compliance Oversight

• Ensure compliance with exchange licensing, redistribution rules, and evolving crypto regulatory frameworks
• Implement entitlement controls, audit trails, and governance policies across all data usage

Stakeholder Collaboration

• Work closely with trading, quant research, risk, and portfolio management teams to deliver data solutions
• Support onboarding of new exchanges, instruments (perpetuals, options), and strategies
• Act as the firm's subject matter expert on both crypto and cross‑asset market data

Leadership & Team Development

• Build and lead a high‑performing development team
• Establish best practices for market data onboarding, validation, and lifecycle management
• Foster a culture of innovation, automation, and operational excellence
• Embrace and champion the thoughtful adoption of AI to improve team performance an