Risk Manager (Risk and Operations), United States

Crypto.com; New York (NY); Hybrid; USD 150,000 - 230,000; Full time

Benefits offered by this job

Competitive salary

Generous annual leave

401(k) plan with employer match

Health insurance

Hybrid work setup

Job summary

Crypto.com is seeking a Senior Risk Manager to enforce regulatory standards, monitor real-time and end-of-day risk across futures accounts, and lead risk-control initiatives. You will collaborate with trading, operations, technology, and compliance to ensure DCO and regulatory compliance.

Ideal candidates bring 5–10+ years in risk management or derivatives, strong Python/SQL skills, and a proven ability to make swift risk calls under market stress.

Qualifications

• 5–10+ years in risk management, trading, or derivatives operations.
• Degree in quantitative discipline; CFA/FRM adds advantage.
• Proficient in Python and SQL.
• Strong understanding of derivatives, multi-asset pricing, funding rates.
• Familiar with CFTC, NFA, and SEC regulations.
• Self-motivated with ability to work independently.
• Track record of swift risk calls under pressure.
• Excellent written and verbal communication for leadership and regulators.

Responsibilities

• Enforce regulatory standards set by CFTC, NFA, and applicable DCOs.
• Compile regulatory risk reporting, support risk attestations, and liaise during audits.
• Monitor real-time and end-of-day risk exposures across client futures accounts.
• Identify and escalate risk-limit breaches, abnormal trading, or position spikes.
• Evaluate margin adequacy and enforce margin requirements, intraday and variation margin.
• Execute risk escalation protocols: margin calls, trading restrictions, credit limits, liquidations.
• Manage pre-trade risk controls and position limits; enforce regulatory standards across accounts.
• Evaluate risk for new products; ensure proper risk controls and DCO compliance.
• Perform client onboarding risk assessments and ongoing monitoring.

Skills

Python

SQL

Risk management

Regulatory knowledge

Communication

Decision making under pressure

Education

Bachelor's degree in quantitative discipline

CFA/FRM advantageous

Tools

SPAN

Portfolio margining

Job description

Responsibilities

• 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.
• 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 elevate 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.
• 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

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.com is 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.

We may use artificial intelligence tools to analyze the content of your Resume/CV against the specific requirements for the position. The purpose is to support our recruitment team in reviewing applications more effectively. These tools assist our recruitment team in their evaluation of your application by providing recommendations, but they do not replace human judgment. Final hiring decisions are ultimately made by humans who consider the insights generated by the tools along with other relevant information. If you would like more details about how your personal information is processed, please contact us.