Market Risk Manager

Key responsibilities

• Design and implement a robust market risk framework aligned with the firm’s risk appetite and regulatory requirements.
• Develop models to quantify firm-wide exposure across crypto spot and derivatives products.
• Ensure accurate, real-time monitoring of risk metrics such as VaR, CVaR, and stress testing.
• Support new product launches through identification of market risk factors and definition of risk limits.
• Monitor trading activity and exposures to ensure compliance with internal limits and risk thresholds.
• Recommend and implement trading limits and stop-loss measures in collaboration with senior management.
• Oversee daily risk monitoring and ensure readiness for stress scenarios and backtesting processes.
• Produce regular and ad-hoc market risk reports and dashboards for senior management.
• Conduct reviews and analyses of trading book exposures and emerging market risks.
• Lead independent risk reviews and effectively communicate findings with business stakeholders.
• Identify, assess, and escalate emerging risks from traditional financial instruments and digital assets
• Maintain oversight of client positions, terms, and margin usage, with appropriate breach management protocols.

On Compliance

• Uphold high standards of ethics and regulatory compliance, both in spirit and in practice.
• Lead engagements with regulators on matters related to market risk.
• Proactively guide the business through regulatory developments and implement compliant risk practices.
• Foster a culture of risk awareness, escalation, and resolution across the firm.
• Experienced market risk professional with deep knowledge of options and FX/interest rate derivatives.
• Familiar with risk modelling tools; basic coding skills in Python or R preferred.
• Understands the structure and nuances of crypto derivatives markets (perpetuals, term futures, options).