Risk Manager

About the role

This Risk Manager role at Crypto.com focuses on the daily oversight of the clearinghouse, ensuring its financial stability and operational resilience across various asset classes. The position involves managing regulatory requests and audits from bodies like the CFTC, NFA, and SEC, as well as overseeing settlement pricing and the accuracy of data for margin calculations. A key aspect is monitoring market, credit, and liquidity risks, particularly during client onboarding.

The role also contributes to new product listings and design by integrating appropriate risk controls and cross-margining efficiencies. This includes leading the development and implementation of margin models and default management strategies, and intervening during operational issues with clearing members. Success in this position means maintaining robust risk frameworks and ensuring compliance with regulatory standards.

A significant part of the work involves quantitative research to assess default management procedures and systemic risk. The ideal candidate will have a strong understanding of various financial products, including equities, commodities, futures, and derivatives, along with knowledge of their pricing, valuation, and risk correlations. Familiarity with clearinghouse rulebooks and policies is essential for maintaining operational compliance and risk governance.

The listed salary range for this position is between $100,000 and $200,000 USD.

Skills that matter here

• Python: This role requires proficiency in Python, likely for quantitative research, data analysis, or developing risk models.
• SQL: Proficiency in SQL is needed for managing and querying data, such as pricing data for margin calculations or other operational insights.

Who this role suits

• A person with 5+ years of experience in clearinghouse risk or default management.
• Someone with a quantitative background, possibly holding CFA or FRM certifications.
• An individual who understands complex financial derivatives and their associated risks.
• A professional familiar with CFTC, NFA, and SEC regulations as they apply to clearinghouses.

From the employer

• Cover daily risk management responsibilities, ensuring the financial integrity, operational controls, and resilience of the clearinghouse across all listed asset classes.
• Manage and respond to regulatory requests, routine audits, and inquiries from governing bodies (e.g., CFTC, NFA, SEC).
• Oversee end-of-day settlement pricing processes and ensure the accuracy of cross-asset pricing data used for margin calculations and default management.
• Oversee the risk components of client onboarding and provide ongoing market, credit, and liquidity risk monitoring.
• Drive new product listing and product design from a clearing perspective, ensuring appropriate risk controls and cross-margining efficiencies are in place where applicable.
• Lead the design and implementation of margin models and default management/liquidation strategies for the Clearing House, stepping in during operational issues with clearing members.
• Perform quantitative research to evaluate default management procedures and systemic risk exposure.

• 5+ years of relevant working experience in clearinghouse risk, default management, operations, or a related field (experience with a CCP is a strong plus).
• Degree or above in a quantitative discipline, with professional qualifications such as CFA and FRM an added advantage.
• Proficient in Python and SQL.
• Strong understanding of equities, commodity products, futures, perpetuals, and other derivatives, including robust knowledge of pricing, valuation, funding rates, and cross-asset risk correlation.
• Solid understanding of margin concepts, liquidations, Default Management frameworks, and direct trading experience (personal or professional).
• Familiarity with CFTC, NFA, and SEC regulations, specifically as they apply to clearinghouses and DCO rules, is a strong plus.
• Good organizational and interpersonal skills, and the ability to think critically and strive for continuous improvement.
• Deep familiarity with clearing house rulebooks, policies, and submission procedures required to maintain operational compliance and risk governance.