Risk Control Manager

Job Summary : The Risk Control Manager will be instrumental in developing, implementing, and overseeing a robust risk management framework to identify, assess, monitor, and mitigate all types of risks associated with crypto exchange operations, products, and services. This role requires a deep understanding of the cryptocurrency landscape, financial market risks, regulatory requirements, and the ability to collaborate effectively across various teams to foster a strong risk-aware culture.

Key Responsibilities :

• Risk Framework Development & Implementation :

Design, implement, and maintain a comprehensive enterprise-wide risk management framework, policies, and procedures tailored to the unique risks of a cryptocurrency exchange.

Develop and manage Risk Appetite Statements and Key Risk Indicators (KRIs), defining clear thresholds and establishing reporting mechanisms.

Lead and coordinate Risk & Control Self-Assessments (RCSAs), Product Risk Assessments, and Enterprise Risk Assessments to identify and address key risk areas.

Proactively identify, analyze, and assess various types of risks, including but not limited to :

Operational Risk : System failures, human error, process breakdowns, fraud, cyber security risks, business continuity, disaster recovery.

Market Risk : Volatility, liquidity risk, price manipulation, unexpected market movements.

Credit / Counterparty Risk : Risks associated with institutional clients, lending, or decentralized finance (DeFi) protocols.

Regulatory & Compliance Risk : Evolving AML / CFT regulations, licensing requirements, data privacy, and other local / international crypto-specific regulations.

Technology Risk : Smart contract vulnerabilities, blockchain network issues, platform security, data integrity.

Product Risk : Risks inherent in new crypto products (e.g., derivatives, staking, NFTs).

Conduct targeted data-driven risk assessments and develop risk management reporting using data visualization tools.

Implement and oversee control measures to mitigate identified risks effectively.

Monitor key risk metrics and dashboards for proactive risk detection and incident management.

Manage crypto-related risk incidents and issues, collaborating with stakeholders for timely resolution and effective remediation.

Develop and implement tools and systems for real-time fraud detection, suspicious activity alerts, and anti-abuse mechanisms.

Regularly review and question hedging positions, diversification, and exposure risk.

Ensure alignment of risk management practices with regulatory requirements and industry best practices.

Collaborate with legal, compliance, and audit teams to address regulatory inquiries, close gaps, and ensure adherence to evolving regulations (e.g., MiCA, travel rule, local DPT regulations).

Participate in risk committees and forums, escalating issues and updating crypto risk policies and procedures.

Prepare and present regular and ad-hoc risk reports to internal committees, senior management, and boards.

Collaborate closely with cross-functional teams, including Product, Engineering, Trading, Operations, Legal, and Compliance, to integrate risk management into business processes and new product development.

Provide risk guidance and training to employees to raise awareness of risk obligations and promote a strong risk-aware culture within the organization.

Liaise with regulatory authorities and external auditors as needed.

Required Qualifications :

Preferred Qualifications :

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