Director, Risk Management

Crypto.com

Crypto.com

Administration
United States
Posted on Monday, November 27, 2023
The exchange team develops and maintain a cutting-edge trading platform. With a global presence across APAC, EMEA and North America, the team has since grown with the goal to provide a seamless and secure trading experience for our clients.
We are seeking experienced risk specialists to join our risk department, which help manage the risk across Crypto.com Derivatives North America (CDNA) Exchange and Clearing business. The main responsibilities of the risk specialists include implementing the risk management framework, policy and procedures, monitor and control risks, and act as the first line of risk management for the clearing house. We value individuals who are enthusiastic about both emerging crypto innovations and conventional finance, bringing energy, an ownership mindset, and exemplary work ethics to the team.

Responsibilities

  • Oversee and monitor all financial and operational risk across the exchange and clearing business.
  • Drive the risk management framework, policies and procedures design and implementation across the exchange and clearing business.
  • Ensures the risk management policies and initiatives are compliant with applicable regulations and aligned with the global organizational objectives.
  • Design risk waterfall and default management including default rules, procedures and resolutions.
  • Design and conduct regular review for clearing members admission program, including member requirements, due diligence, eligibility assessment, onboarding and risk monitoring.
  • Set up risk metrics including risk limits and model parameters; manage risk according to the risk management framework and governance.
  • Interpret risk reporting and monitoring results, present to risk committee and recommend actions.
  • Interact with clearing members and ensure clearing members have sufficient risk management practice in place; update clearing members on model updates and risk parameter updates.
  • Monitor markets and clients’ position, execute margin calls and send instructions to settlement team for margin payments and collections.

Requirements

  • PhD or Masters in Math, Finance, Physics, Computer Science or similar quantitative fields.10+ years of working experience in risk management or risk oversight Hands on programming skills in Python and SQL, or other programming language
  • Strong analytical skills and being a problem solver
  • Take own initiatives to support strategic end goal
  • Strong presentation, communication, and business writing skillsLead or help drive the teamwork and can deliver under stress and pressure
  • Think critically and strive for continuous improvement, build up confident discussion and the ability to provide persuasive challenges on risk management as well as daily monitoring.
  • Direct working experience or knowledge in FCM, Exchange and Clearing, settlement, liquidity, and regulatory space in PFMI, EMIR, CFTC, MAS, etc. would be desirable.
Life @ Crypto.com
Empowered to think big. Try new opportunities while working with a talented, ambitious and supportive team.
Transformational and proactive working environment. Empower employees to find thoughtful and innovative solutions.
Growth from within. We help to develop new skill-sets that would impact the shaping of your personal and professional growth.
Work Culture. Our colleagues are some of the best in the industry; we are all here to help and support one another.
One cohesive team. Engage stakeholders to achieve our ultimate goal - Cryptocurrency in every wallet.
Work Flexibility Adoption. Flexi-work hour and hybrid or remote set-up
Aspire career alternatives through us - our internal mobility program offers employees a new scope.
Work Perks: crypto.com visa card provided upon joining
Are you ready to kickstart your future with us?
Benefits
Competitive salary
Attractive annual leave entitlement including: birthday, work anniversary
Work Flexibility Adoption. Flexi-work hour and hybrid or remote set-up
Aspire career alternatives through us. Our internal mobility program can offer employees a diverse scope.
Work Perks: crypto.com visa card provided upon joining
Our Crypto.com benefits packages vary depending on region requirements, you can learn more from our talent acquisition team.
About Crypto.com:
Founded in 2016, Crypto.com serves more than 80 million customers and is the world's fastest growing global cryptocurrency platform. Our vision is simple: Cryptocurrency in Every Wallet™. Built on a foundation of security, privacy, and compliance, Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation and empowering the next generation of builders, creators, and entrepreneurs to develop a fairer and more equitable digital ecosystem.
Learn more at https://crypto.com.
Crypto.com is an equal opportunities employer and we are committed to creating an environment where opportunities are presented to everyone in a fair and transparent way. Crypto.com values diversity and inclusion, seeking candidates with a variety of backgrounds, perspectives, and skills that complement and strengthen our team.
Personal data provided by applicants will be used for recruitment purposes only.
Please note that only shortlisted candidates will be contacted.