Chief Risk officer - Digital Assets

Eames Consulting; Singapore; On-site; SGD 150,000 - 200,000; Full time

Job summary

An innovative firm is seeking a Chief Risk Officer to spearhead the risk management function for a leading digital assets exchange. This pivotal role involves establishing a robust risk management framework that encompasses both financial and non-financial risks. The ideal candidate will possess extensive experience in digital assets, a strong management track record, and the ability to implement effective risk policies. This is an exciting opportunity to shape the risk landscape of a cutting-edge platform and ensure its readiness through strategic risk management practices. Join a forward-thinking team and make a significant impact in the evolving world of digital finance.

Qualifications

• Proven leadership in risk management within digital assets or blockchain.
• Strong track record in managing risk functions and teams.

Responsibilities

• Lead the risk management function and establish a comprehensive risk framework.
• Develop policies for quantifying risk appetite and implement risk metrics.

Skills

Digital assets knowledge (Cryptos, Stablecoins, Loans, NFTs)

Management experience

VAR modelling

Stress testing experience

Traditional financial products knowledge (FX, equities, Bonds, Derivatives, Commodities)

Central Counterparties experience

Job description

Our client is building a market leader digital assets exchange for institutional clients with the backing of strong cutting-edge exchanges firms. In order to lead the risk management function, my client is looking to appoint a Chief Risk Officer – member of the EXCO – who will be responsible for the effective independent oversight of the platform’s risks and implement a risk management framework with appropriate tools for the measurement, reporting, and control of the firm’s financial and non-financial risks.

KEY RESPONSIBILITIES

In this position, you will be responsible for leading the risk management function at the Exchange to:

1. Provide overall leadership, vision, and direction for risk management.
2. Establish an integrated risk management framework for all aspects of risks across the Exchange.
3. Develop risk management policies, including the quantification of the Exchange’s risk appetite through specific risk limits.
4. Implement a set of risk metrics and reports, including losses and incidents, key risk exposures, and early warning indicators.
5. Allocate capital to exposures based on risk, and optimize the Exchange’s risk portfolio through business activities and risk transfer strategies.
6. Improve the firm’s risk management readiness through communication and training programs, performance measurement and incentives, and other change management programs.
7. Develop the analytical, systems, and data management capabilities to support the risk management program.

KEY SKILLS

1. Strong digital assets (Cryptos, Stablecoins, Loans, NFTs) or blockchain environment in a senior risk function.
2. Management track record.
3. Experience in VAR modelling and stress testing.
4. Experience in traditional financial products (FX, equities, Bonds, Derivatives, Commodities).
5. Central Counterparties experience would be an advantage.