Lead Risk Manager — Derivatives & Crypto Markets

Sei Labs; United States; Remote; USD 150,000 - 230,000; Full time

Job summary

Sei Labs, a NYC-based unicorn operating as a remote-first team, seeks an initial Risk Manager to lead its FCM's independent Risk Management Unit. You will administer and enhance the Risk Management Program, monitor risk limits, and escalate material risk matters to senior management.

You will work with Finance, Operations, Technology and Compliance to ensure independent risk oversight, margin risk, stress testing, and governance.

Qualifications

• 4–8 years in market, credit or margin risk at an FCM, clearing firm, DCO, broker-dealer or trading firm.
• Strong command of futures and derivatives margining (SPAN or similar), exposure measurement and liquidation practices.
• Hands-on experience with limits, stress testing and risk reporting to senior management.
• Working knowledge of FCM risk obligations, including Regulation 1.11, segregation and capital.
• Strong quantitative and data skills (Python, SQL or advanced Excel).
• Clear written communication for governance and regulatory reporting.

Responsibilities

• Write and maintain the FCM's Risk Management Program under Regulation 1.11, including risk appetite and escalation paths.
• Set and monitor pre-trade and intraday limits for market, credit, margin, concentration and volume exposure.
• Develop and monitor customer-margin and risk-limit framework, including house margin add-ons and concentration limits.
• Run stress tests, scenario analysis and exposure aggregation across customers, products and venues.
• Monitor liquidity, capital, counters and depository exposure with Finance; oversee customer fund segregation.
• Assess clearing, settlement, contract-expiration, technology and third-party risks; evaluate risks at expiring contracts.
• Prepare quarterly Risk Exposure Reports for senior management and coordinate regulatory filings.
• Assess risk of new products, venues and clearing relationships before launch.

Skills

Python

SQL

Advanced Excel

Quantitative analysis

Data reporting

Written communication

Independence

Tools

SPAN

Job description

Sei Labs, a NYC-based unicorn operating as a remote-first team, seeks an initial Risk Manager to lead its FCM's independent Risk Management Unit. You will administer and enhance the Risk Management Program, monitor risk limits, and escalate material risk matters to senior management.

You will work with Finance, Operations, Technology and Compliance to ensure independent risk oversight, margin risk, stress testing, and governance.