Chief Risk Officer

About the role

In the role of Chief Risk Officer at Prometheum, you will be responsible for establishing a comprehensive risk management framework that ensures compliance and operational stability within the digital asset securities space. Your expertise will guide the organization in identifying, assessing, and mitigating various risks, including market and operational risks, while collaborating closely with other departments.

Prometheum has built a compliant ecosystem for digital asset securities since its inception in 2017. As part of a diverse team, you will promote a culture of risk awareness and accountability, working with executive leadership to develop risk governance policies and procedures. Success in this role will be measured by the effectiveness of the risk management strategies you implement and the overall stability of the firm.

The salary range for this position is competitive, starting at $300,000 and going up to $3,500,000 based on experience.

Who this role suits

• A seasoned professional with over 15 years of experience in financial services, particularly in risk management.
• Someone who has held senior risk leadership roles in regulated financial institutions.
• A strong communicator who can collaborate effectively with various teams and executive leadership.
• An analytical thinker with a proven ability to assess and mitigate complex risks.

From the employer

Responsibilities

• Develop, implement, and oversee a comprehensive enterprise risk management framework that ensures regulatory compliance, safeguards the firm's financial and operational stability, and mitigates risks that could threaten its ongoing viability.
• Establish and maintain risk governance policies, procedures, methodologies, and internal control frameworks.
• Identify, assess, monitor, and mitigate market, credit, liquidity, counterparty, operational, technology, and other material business risks.
• Establish risk appetite, risk tolerance, and escalation frameworks in collaboration with executive leadership.
• Develop and monitor key risk indicators (KRIs), risk dashboards, exposure reports, and management reporting.
• Oversee risk assessments relating to trading activity, order management, settlement, custody, and digital asset securities operations.
• Evaluate trading exposures, concentration risks, position limits, and liquidity considerations, providing independent oversight and challenge where appropriate.
• Design and oversee stress testing, scenario analysis, and risk assessment methodologies to evaluate potential financial and operational exposures.
• Lead risk and control self-assessments, control effectiveness reviews, and the identification and remediation of control deficiencies.
• Establish processes for identifying, documenting, prioritising, escalating, and resolving material risk incidents and emerging threats.
• Assess risks associated with new products, trading strategies, technology implementations, and business expansion initiatives.
• Work closely with trading, operations, compliance, finance, legal, and engineering teams to ensure effective risk management throughout the organisation.
• Partner with technology and information security leadership to assess technology-related risks, cybersecurity exposures, system resilience, and business continuity arrangements.
• Evaluate risks associated with blockchain infrastructure, digital asset custody, tokenization, and evolving digital asset market structures.
• Support regulatory examinations, inquiries, and reporting requirements in collaboration with the Compliance and Legal teams.
• Monitor regulatory developments and emerging industry risks, recommending appropriate enhancements to risk management practices.
• Provide regular risk reporting, analysis, and recommendations to executive leadership and relevant governance committees.
• Promote a strong culture of risk awareness, accountability, and effective decision-making across the organisation.

Qualifications

• Minimum of 15 years of progressive experience in financial services, including substantial experience in risk management within a broker-dealer, trading firm, exchange, or comparable regulated financial institution.
• Demonstrated experience in a senior risk leadership position as a Chief Risk Officer, Head of Risk, or equivalent.
• Comprehensive understanding of enterprise risk management, market risk, credit risk, liquidity risk, operational risk, and internal control frameworks.
• Extensive knowledge of US securities markets, broker-dealer operations, trading infrastructure, and applicable SEC and FINRA regulatory requirements.
• Experience establishing and implementing risk governance frameworks, policies, procedures, risk limits, and escalation processes.
• Strong understanding of electronic trading systems, order management systems, trade processing, clearing, settlement, and custody operations.
• Experience developing risk reporting, key risk indicators, stress testing methodologies, and risk assessment processes.
• Demonstrated ability to work effectively with executive leadership and collaborate across trading, compliance, operations, finance, legal, and technology functions.
• Strong analytical and problem-solving skills, with the ability to evaluate complex risks and communicate findings clearly.
• Proven leadership capabilities, sound judgment, and the ability to operate independently in a dynamic and evolving business environment.
• Bachelor's degree in Finance, Economics, Business, Risk Management, or a related discipline.
• FINRA Series 24 (General Securities Principal) registration is preferred but not required.

Benefits

• Competitive salary based on experience
• Excellent benefits including: Health, Vision & Dental Insurance
• Stock option grant included as part of the employment compensation package, subject to the terms of the company's Stock Option Agreement

Prometheum is an equal opportunity employer.