Role in brief
Binance is seeking a Quant Risk Analyst to join their derivatives team. This role focuses on monitoring and assessing risk in derivatives trading, developing risk models, and enhancing monitoring tools. Candidates with a background in quantitative finance and an interest in crypto derivatives, who are able to work shifts, should consider applying.
About the role
This position involves actively monitoring and assessing risk within derivatives and margin trading. The work includes identifying unusual trading patterns to prevent manipulative activities and conducting daily reviews and root cause analyses of incidents. A key part of the role is to prepare accurate risk reports and share market development updates with the team.
The role requires developing and enhancing risk models, alerts, tools, and dashboards to improve monitoring capabilities. This includes exploring how AI and automation can be used for trading risk monitoring. The analyst will also implement and maintain risk policies and procedures that align with the company's strategy and changing market conditions.
Success in this role means proactively safeguarding the derivatives trading environment through robust risk assessment and continuous improvement of monitoring systems. It involves a deep understanding of market dynamics and the ability to contribute to an inclusive financial ecosystem by ensuring secure and transparent trading operations.
The salary for this position ranges from $120,000 to $200,000 USD.
Skills that matter here
- Market risk: This role involves assessing and monitoring market risk within derivatives and margin trading.
- Derivatives trading: The position focuses on understanding and mitigating risks associated with cryptocurrency derivatives trading.
- Financial risk management: A core responsibility is to implement and maintain policies and procedures for financial risk management.
- Quantitative analysis: The role requires developing risk models and conducting analyses to enhance monitoring capabilities.
- AI and automation: The analyst will explore the use of AI and automation for improving trading risk monitoring.
Who this role suits
- A person who is curious and passionate about cryptocurrency derivatives.
- Someone who can adapt to a shift-based work schedule, including some weekends.
- An individual with a strong background in mathematics, quantitative finance, or financial engineering.
- A candidate who stays informed about the latest developments in crypto markets, including DeFi.
From the employer
- Monitor and assess key risk areas within derivatives/margin, looking into unusual trading patterns to prevent manipulative trades
- Develop risk models/alerts/tools/dashboards, enhancing the monitoring capabilities
- Conduct daily review, and root cause analysis of the incidents
- Prepare accurate risk reports and findings to relevant team in a timely manner.
- Explore the usage of AI and automation for trading risk monitoring
- Proactively share timely updates on market developments/news and demonstrate deep expertise in market dynamics.
- Implement and maintain risk policies and procedures in alignment with organizational strategy and evolving market conditions to prevent, mitigate, and eliminate risks.
- You’re curious and passionate about cryptocurrency derivatives
- Able to work shift, 5 days per week (Including some weekends)
- Good knowledge of Crypto Derivatives, with defi knowledge as an added bonus (being aware of the latest developments can help in this role).
- Bachelors' Degree, preferably related to Mathematics, Quant Finance, Financial Engineering
- Experience in AI and automation is an added bonus
- Shape the future with the world’s leading blockchain ecosystem
- Collaborate with world-class talent in a user-centric global organization with a flat structure
- Tackle unique, fast-paced projects with autonomy in an innovative environment
- Thrive in a results-driven workplace with opportunities for career growth and continuous learning
- Competitive salary and company benefits
- Work-from-home arrangement (the arrangement may vary depending on the work nature of the business team)
Questions about this role
What is the remote work policy for this role?
This is a remote position, specifically for candidates in EU timezones. The work-from-home arrangement may vary based on the business team's needs.
What level of experience is required?
The job description does not specify a seniority level or number of years of experience, but a Bachelor's Degree in a relevant field is required.
What are the key skills needed for this position?
Key skills include market risk, operations, strategy, project management, derivatives trading, financial risk management, quantitative analysis, and financial analysis. Knowledge of crypto derivatives is essential, with AI and automation experience being a bonus.
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