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Risk Manager, CDNA (Risk and Operations, Asia)
Hong Kong, Hong Kong SAR
$112k–188k
1 month ago
full-time
quality 8.3/10
closed
- Provide primary risk coverage during Asian and European hours, monitoring clearing member exposures and margin adequacy in real time and escalating breaches, abnormal activity, and position spikes to senior management.
- Oversee end-of-day settlement pricing processes and ensure the accuracy of cross-asset pricing data used for margin calculations and default management.
- Oversee the risk components of client onboarding and provide ongoing market, credit, and liquidity risk monitoring.
- Run the operational risk controls of the clearing house: guaranty fund and financial resource sufficiency, collateral eligibility and haircuts, and clearing member position limits and reportable thresholds.
- Calibrate and execute stress testing and reverse stress testing of clearing member portfolios, and support default management drills and the associated reporting.
- Design business requirements for clearing risk monitoring, including the daily risk pack for management.
- Manage and respond to regulatory requests, routine audits, and inquiries from governing bodies (e.g., CFTC, NFA, SEC).
- Drive new product listing and product design from a clearing perspective, ensuring appropriate risk controls and cross-margining efficiencies are in place where applicable.
- Lead the design and implementation of margin models, default management and liquidation strategies for the Clearing House, stepping in during operational issues with clearing members.
- Perform quantitative research to evaluate default management procedures and systemic risk exposure.
- 5 to 10+ years of relevant working experience in clearinghouse risk, default management, operations, or a related field (experience with a CCP is a strong plus).
- Degree or above in a quantitative discipline, with professional qualifications such as CFA and FRM an added advantage.
- Proficient in Python and SQL.
- Strong understanding of equities, commodity products, futures, perpetuals, and other derivatives, including robust knowledge of pricing, valuation, funding rates, and cross-asset risk correlation.
- Solid understanding of margin concepts, liquidations, Default Management frameworks, and direct trading experience (personal or professional).
- Familiarity with CFTC, NFA, and SEC regulations, specifically as they apply to clearinghouses and DCO rules, is a strong plus.
- Good organizational and interpersonal skills, and the ability to think critically and strive for continuous improvement.
- Deep familiarity with clearing house rulebooks, policies, and submission procedures required to maintain operational compliance and risk governance.
- A track record of making decisive operational risk calls with limited support during off-hours incidents, and of documenting them clearly for review the following morning.
- Excellent written and verbal communication, with the ability to turn detailed risk metrics into clear summaries for senior leadership, clearing members, and regulators.
- Competitive salary
- Attractive annual leave entitlement including: birthday, work anniversary
- Work Flexibility Adoption. Flexi-work hour and hybrid or remote set-up
- Aspire career alternatives through us. Our internal mobility program can offer employees a diverse scope.
- Work Perks: crypto.com visa card provided upon joining.