Risk Manager (Risk and Operations), United States

Crypto.com; Chicago (IL); Hybrid; USD 100,000 - 250,000; Full time

Benefits offered by this job

401(k) match

Health insurance

Flexible work hours

Hybrid setup

Career development opportunities

Job summary

Crypto.com is seeking a seasoned Risk Manager to lead frontline risk enforcement, pre-trade controls, and real-time monitoring across multi-asset client accounts. The role requires deep knowledge of derivatives, margining, SPAN, and regulatory standards and offers a path to senior leadership within a fast-growing crypto platform.

You will collaborate with trading, operations, technology, and compliance teams, perform onboarding risk assessments, and respond swiftly to risk events, ensuring

Qualifications

• Degree in a quantitative discipline; professional qualifications such as CFA/FRM are a plus.
• Proficient in Python and SQL; strong understanding of risk metrics and reporting requirements.
• Familiarity with CFTC, NFA, and SEC regulations is a strong plus.

Responsibilities

• Enforce regulatory standards set by the CFTC, NFA, and applicable DCOs.
• Monitor real-time risk exposures, client positions, and trading activities across client futures accounts.
• Identify, investigate, and escalate risk-limit breaches and abnormal trading activities to senior management.
• Execute mandated risk escalation protocols, including margin calls, trading restrictions, and liquidations.
• Oversee pre-trade risk controls and position limit management; enforce exchange risk standards.
• Collaborate with trading, operations, technology, and compliance teams on risk governance.

Skills

Python

SQL

Risk management

Regulatory knowledge

CFTC/NFA knowledge

Education

Quantitative degree

CFA/FRM (optional)

Tools

SPAN

Portfolio-margining

Job description

Responsibilities

• Regulatory & Clearing Compliance
• Enforce regulatory standards set by the CFTC, NFA, and applicable derivatives clearing organizations (DCOs).
• Compile regulatory risk reporting, support risk attestations, and liaise during regulatory audits.
  
• Real-Time Risk & Exposure Monitoring
• Monitor real-time and end-of-day risk exposures, client positions, and trading activities across all client futures accounts (equities and digital assets).
• Identify, investigate, document, and **escalate** risk-limit breaches, abnormal trading activities, or position spikes in a timely manner to senior management.
• Evaluate client margin adequacy, enforcing initial and maintenance margin requirements, intraday margin calls, and variation margin coverage.
  
• Frontline Risk Enforcement & Execution Protocols
• Execute mandated risk escalation protocols, including placing trading restrictions, lowering credit limits, issuing margin calls, and executing partial or full account liquidations when accounts breach critical risk parameters.
• Exercise swift, decisive, and authoritative judgment to execute trade halts and liquidations during periods of extreme market volatility.
  Cover daily FCM risk management responsibilities, tracking intraday and end-of-day risk metrics across a multi-asset clearing ecosystem. Execute the risk escalation protocol on live accounts: issue margin calls, impose trading restrictions, lower credit limits, and carry out partial or full liquidations when accounts breach critical risk parameters.
  
• Pre-Trade Risk Controls & Position Limit Management
• Oversee and calibrate pre-trade risk controls, firm-specific position limits, exchange-imposed accountability levels, and reportable position thresholds.
• Enforce regulatory and exchange risk standards across client accounts and market-making portfolios.
  
• New Product Research & Governance
• Evaluate risk implications, collateral requirements, and margin methodologies of new products, trading strategies, or client offerings prior to launch.
• Collaborate with trading, operations, technology, and compliance teams to ensure appropriate risk control frameworks and DCO compliance are established.
  
• Client Onboarding
• Perform client onboarding risk assessments and conduct ongoing market, credit, and liquidity risk monitoring.

Requirements

• 5 to 10+ years of hands-on experience in risk management, trading, or derivatives operations (experience with an FCM, derivatives clearing firm, prime broker, or broker-dealer is a strong plus).
• Title and level are set by experience; candidates at the senior end of the band will be considered for a Senior Risk Manager.
• Degree or above in a quantitative discipline, with professional qualifications such as CFA and FRM an added advantage.
• Proficient in Python and SQL is a strong plus.
• Strong understanding of equities, commodity products, futures, perpetuals, and other derivatives, including their multi-asset pricing mechanics and funding rates.
• Working knowledge of SPAN and portfolio-margining methodologies, and of how intraday and end-of-day margin calls are raised and met. Solid understanding of margin concepts, cross-margining efficiencies, liquidations, and direct trading experience (personal or professional).
• Familiarity with CFTC, NFA, and SEC regulations is a strong plus.
• Self-motivated, having the internal drive and motivation to begin and continue tasks independently without supervision.
• A track record of making swift, decisive risk calls under pressure, including trade halts and liquidations during extreme market volatility.
• Excellent written and verbal communication, with the ability to turn detailed risk metrics into clear summaries for senior leadership, clients, and regulators.

$100,000 - $250,000 a year

Life @ Crypto.com

Empowered to think big. Try new opportunities while working with a talented, ambitious and supportive team.

Transformational and proactive working environment. Empower employees to find thoughtful and innovative solutions.

Growth from within. We help to develop new skill-sets that would impact the shaping of your personal and professional growth.

Work Culture. Our colleagues are some of the best in the industry; we are all here to help and support one another.

One cohesive team. Engage stakeholders to achieve our ultimate goal - Cryptocurrency in every wallet.

Work Flexibility Adoption. Flexi-work hour and hybrid set-up

Aspire career alternatives through us - our internal mobility program offers employees a new scope.

Benefits

• Competitive salary
• Attractive annual leave entitlement including: birthday, work anniversary
• 401(k) plan with employer match
• Eligible for company-sponsored group health, dental, vision, and life/disability insurance
• Work Flexibility Adoption. Flexi-work hour and hybrid set-up
• Aspire career alternatives through us. Our internal mobility program can offer employees a diverse scope.
• Our Crypto.com benefits packages vary depending on region requirements, you can learn more from our talent acquisition team.

About Crypto.com:

Founded in 2016, Crypto.com serves more than 150 million customers and is the world's fastest growing global cryptocurrency platform. Our vision is simple: Cryptocurrency in Every Wallet. Built on a foundation of security, privacy, and compliance, Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation and empowering the next generation of builders, creators, and entrepreneurs to develop a fairer and more equitable digital ecosystem.

Learn more at https://crypto.com.

Crypto.comis an equal opportunities employer and we are committed to creating an environment where opportunities are presented to everyone in a fair and transparent way.

Crypto.com values diversity and inclusion, seeking candidates with a variety of backgrounds, perspectives, and skills that complement and strengthen our team.

Personal data provided by applicants will be used for recruitment purposes only.

Please note that only shortlisted candidates will be contacted.