Counterparty Credit Risk Senior Manager

3 Hours ago • 7 Years + • Risk Management

Job Summary

Job Description

OKX is a leading crypto exchange seeking a Counterparty Credit Risk Senior Manager to join their risk management team. The role focuses on identifying, assessing, and mitigating risks in the digital asset space, particularly for lending products. Responsibilities include conducting due diligence on institutional counterparties, monitoring exposures against limits, assessing credit quality, and developing risk mitigation strategies. The position requires collaboration with cross-functional teams, contributing to risk measurement capabilities, and evaluating risks in new product offerings. The ideal candidate will stay updated on industry trends and regulations and liaise with Legal for documentation.
Must have:
  • Bachelor's Degree in Economics, Math, Statistics, or Finance
  • Minimum 7 years of relevant experience
  • Knowledge of prime brokerage business and risk management
  • Experience in counterparty credit analysis
  • Ability to work with cross-functional teams
  • Detail-oriented with strong analytical skills
  • Strong written and verbal communication skills
Good to have:
  • Understanding of crypto products and market structure
Perks:
  • Competitive total compensation package
  • Learning and development programs
  • Education subsidy
  • Team building programs and company events
  • Wellness and meal allowances
  • Comprehensive healthcare schemes

Job Details

Who We Are

At OKX, we believe that the future will be reshaped by crypto, and ultimately contribute to every individual's freedom.
 
OKX is a leading crypto exchange, and the developer of OKX Wallet, giving millions access to crypto trading and decentralized crypto applications (dApps). OKX is also a trusted brand by hundreds of large institutions seeking access to crypto markets. We are safe and reliable, backed by our Proof of Reserves. 
 
Across our multiple offices globally, we are united by our core principles: We Before MeDo the Right Thing, and Get Things Done. These shared values drive our culture, shape our processes, and foster a friendly, rewarding, and diverse environment for every OK-er.
 
OKX is part of OKG, a group that brings the value of Blockchain to users around the world, through our leading products OKX, OKX Wallet, OKLink and more.

About the Opportunity

We are seeking a Counterparty Credit Risk Senior Manager to join our dynamic risk management team. The candidate will be responsible for identifying, assessing, and mitigating risks associated in the digital asset space, with a particular focus on lending products. This role involves working closely with cross-functional teams to monitor market trends, assess risk exposure, and develop strategies to manage and mitigate those risks. The Counterparty Credit Risk Senior Manager will play a critical role in ensuring that our risk management framework remains robust and aligned with the evolving market landscape.

What You’ll Be Doing 

  • Independently lead due diligence on a range of institutional counterparty types (trading firms, hedge funds, asset managers, banks, corporates) to determine credit terms, risk ratings, and credit limits.
  • Monitor exposures against a suite of single name and platform limits, utilizing various tools to assess changes in credit quality, portfolio composition, and adherence to risk limits and policies.
  • Proactively identify exposure concentrations, determine risk mitigating actions, and escalate to senior risk management.
  • Contribute to our risk identification, measurement, and monitoring capabilities, drawing on prime brokerage industry best practice.
  • Conduct pro-forma portfolio risk assessments in response to new lending and/or trading requests.
  • Lead or participate in ad-hoc projects, model reviews, internal audits, and regulatory examinations.
  • Evaluate risks within potential new product offerings as part of the firm's "new product" assessment process.
  • Stay up-to-date with industry trends and regulations to expand knowledge and expertise.
  • Liaise with Legal to negotiate relevant documentation.

What We Look For In You 

  • Bachelor's Degree required, preferably in Economics, Math, Statistics, or Finance
  • Minimum 7 years of relevant professional experience, preferably within or covering the prime brokerage business at a large financial institution
  • Extensive knowledge of prime brokerage business, products, and risk management framework
  • Experience performing counterparty credit analysis on a range of financial institutions; good understanding of investment strategies, products, and traditional finance market structure; understanding of crypto products and market structure a plus
  • Ability to work well with cross-functional teams from Product, Sales, Risk, Technology, Operations, Legal and Compliance, along with the ability to self-start and work independently
  • Detail oriented with exceptional analytical, problem-solving, and organizational skills
  • Strong written and verbal communication skills

Perks & Benefits 

  • Competitive total compensation package
  • L&D programs and Education subsidy for employees' growth and development
  • Various team building programs and company events
  • Wellness and meal allowances
  • Comprehensive healthcare schemes for employees and dependants
  • More that we love to tell you along the process!

#LI-CZ1

#LI-ONSITE

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About The Company

OKX is a world-leading digital asset exchange, providing advanced financial services to traders worldwide leveraging blockchain technology. Our platform offers spot & derivatives trading helping traders optimize their strategy. It provides a safe, reliable and stable environment for digital assets trading via web interface and mobile app by adopting GSLB, and distributed server clusters. We believe blockchain technology will eliminate barriers to transactions, increase the efficiency of transactions across society, and eventually have a significant impact on the global economy. We strive to achieve something that changes the world and never stop to innovate and improve on our customer experience.

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