Risk Manager (Crypto Fund / DeFi & Quant Strategies)

Company: EMCD

Location: United Arab Emirates

Work Type: Remote, Full-time

Seniority: Senior

Salary: $92,000 – $155,250 USD

About EMCD

EMCD is a global crypto infrastructure and investment platform operating one of the world's leading Bitcoin mining pools and a growing ecosystem of institutional-grade crypto financial products. The company is expanding its investment division by building a hybrid crypto fund combining liquid trading strategies, DeFi yield generation, and long-term venture investments across the digital asset ecosystem.

About the Role

This is a hands-on investment risk role focused on protecting capital, controlling portfolio exposures, and ensuring the safe operation of complex crypto strategies in highly volatile market conditions. You will work closely with Portfolio Managers, traders, treasury, and senior leadership to build scalable risk processes and maintain disciplined risk governance as the fund grows.

The role combines elements of market risk, portfolio risk, counterparty risk, DeFi/protocol risk, operational risk, and quantitative risk analytics. This position reports directly to the Chief Risk Officer.

Key Responsibilities

• Monitor market, liquidity, counterparty, and operational risks across the fund's strategies and portfolios
• Oversee leverage, margin utilization, collateral exposure, and liquidation risks
• Monitor DeFi strategies including yield farming, liquidity provision, staking, looping, and delta-neutral structures
• Assess counterparty and infrastructure risks related to exchanges, custodians, brokers, and DeFi protocols
• Develop and improve portfolio risk frameworks, limits, stress-testing methodologies, and escalation procedures
• Build monitoring dashboards, reporting systems, and risk alert processes
• Work closely with PMs and trading teams on risk-adjusted portfolio decisions
• Participate in new strategy reviews and investment approvals from a risk perspective
• Contribute to operational resilience and incident-response procedures
• Support the evolution of the fund's institutional risk governance framework

Requirements

• Strong experience in risk management within crypto hedge funds, proprietary trading firms, crypto exchanges, quantitative trading environments, or institutional digital asset platforms
• Deep understanding of crypto markets and DeFi mechanics
• Strong knowledge of derivatives, leverage and margin systems, liquidation mechanics, portfolio exposure management, stress testing, VaR and quantitative risk methodologies
• Experience working directly with trading desks or portfolio managers
• Strong analytical and quantitative mindset
• Understanding of market structure and liquidity dynamics in crypto markets
• Ability to operate effectively under high volatility and fast-changing market conditions
• Python, SQL, or data analytics skills are considered a strong advantage
• Experience with on-chain analytics and protocol risk assessment is a plus

Nice to Have

• Experience with DeFi protocols such as Aave, Morpho, MakerDAO, Ethena, Lido, Curve, etc.
• Background in quantitative trading or systematic strategies
• Exposure to institutional crypto infrastructure and custody solutions
• FRM, CFA, PRM, or equivalent certifications

What We Offer

• Remote-first environment with flexible working conditions
• Opportunity to help build the risk function of a growing institutional crypto fund
• Direct exposure to liquid markets, DeFi, and venture strategies
• High ownership and strategic impact
• Fast-moving international crypto environment
• Compensation in USDT
• Professional growth within one of the leading crypto ecosystems