Market Risk Manager

1 Week ago • All levels

About the job

Summary_{By Outscal}

OKX seeks a Market Risk Manager to identify and mitigate market risks associated with financial products and trading activities in the digital asset space. Candidates should possess strong market risk management experience, including options and derivatives, and knowledge of crypto market structure. Proficiency in data analysis and risk modeling is crucial.

Who We Are

At OKX, we believe that the future will be reshaped by Crypto, ultimately contributing to every individual's freedom. OKX began as a crypto exchange giving millions of people access to crypto trading and over time becoming among the largest platforms in the world. In recent years, we have developed one of the most connected Web3 wallets used by millions to access decentralized crypto applications (dApps). OKX is a trusted brand by hundreds of large institutions seeking access to crypto markets on a reliable platform that seamlessly connects with global banking and payments. In the last year, OKX has expanded into new markets including Australia, Brazil, Netherlands, Singapore and Turkey, with plans to launch in the US, Belgium and the UAE.

We are deeply committed to shaping a fairer, more transparent and accessible society through blockchain technology. This is why we publish proof of reserves monthly, and continue to ship new innovative security features.

About the Opportunity

We are seeking a Market Risk expert to join our dynamic risk management team. The ideal candidate will be responsible for analyzing, identifying, and mitigating market risks associated with our financial products and trading activities, particularly in the digital asset space. 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 Market Risk 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 review and challenge institutional trading desk activities
Ensure market risks are well identified, properly calculated and reported, and managed within admissible limits
Ensure development/ maintenance of market risk models in order to adapt to changing internal/external environment
Build reporting to the Risk Committee and CRO of a subsidiary firm of OKG, and propose actions as necessary according to the RAS
Familiar with VaR and Stress testing methodologies
Ensure global consistency of policies, procedures, analysis, monitoring and reporting of market and trading risk, liquidity risk
Analyze market risk product and model risk as part of the New/Complex Product Approval Process, limit approval authority and reporting of market and trading risk.

Qualifications:

Graduate degree in Economics, Math, Statistics, Finance, Physics or a related field.
Ideally programming experience in Microsoft Excel/VBA and Python
Extensive knowledge of trading book risk (market risk, counterparty risk) including options and other derivatives
Thorough understanding of crypto market structure is a plus
A quantitative specialist, with hands-on skills in data analysis, manipulation and development of prototype risk reports
Strong people skills demonstrated across various communication styles (both written and verbal)
Ability to work under pressure, prioritize, effectively communicate and represent the team in meetings with regulators and senior management
Incumbents typically have significant experience of market risk management or trading.