Senior Derivatives Risk Architect & Controls

Bybit Limited; Abu Dhabi; On-site; AED 250,000 - 400,000; Full time

Benefits offered by this job

Study Growth Fund

Internal Events

Global Collaboration

Career Advancement

Internal Mobility

Job summary

Bybit Limited in the United Arab Emirates invites applications for a Derivatives Risk Engineer to design and refine the risk framework for the exchange's derivatives products, including pricing logic, risk parameters, and monitoring under stressed markets.

You will collaborate with product, market surveillance, and data teams, using Python for data analysis, backtesting, and model validation, and you’ll support risk controls across perpetuals, futures, and options.

Qualifications

• Bachelor’s degree or above in Finance, Math, Stats, CS, or related field.
• 3+ years of derivatives-related experience in finance or crypto risk.
• Deep understanding of perpetual contracts mechanics (funding rate, Mark Price, liquidation).
• Proficient in Python for data analysis, backtesting, and model validation.
• Solid foundation in probability theory and statistics (VaR, Expected Shortfall).

Responsibilities

• Design funding rate mechanisms for perpetual contracts and pricing logic.
• Contribute to futures settlement price methodology and anti-manipulation measures.
• Develop option pricing models and assess systemic risk for new listings.
• Set risk parameters like max leverage and position limits per instrument.
• Create risk monitoring rules and emergency response procedures for extreme events.
• Collaborate with product and Market Surveillance on risk controls.

Skills

Python

Data analysis

Backtesting

Model validation

Probability & statistics

VaR

Education

Bachelor's degree or above in Finance, Mathematics, Statistics, Computer Science, or related fields

Tools

SQL

Spark

Job description

Bybit Limited in the United Arab Emirates invites applications for a Derivatives Risk Engineer to design and refine the risk framework for the exchange's derivatives products, including pricing logic, risk parameters, and monitoring under stressed markets.

You will collaborate with product, market surveillance, and data teams, using Python for data analysis, backtesting, and model validation, and you’ll support risk controls across perpetuals, futures, and options.