The Risk Division aims to effectively identify, monitor, evaluate, and manage the firm's financial and non-financial risks in support of the firm's Risk Appetite Statement and the firm's strategic plan. Operating in a fast paced and dynamic environment and utilizing the best-in-class risk tools and frameworks, Risk teams are analytically curious, have an aptitude to challenge, and an unwavering commitment to excellence. The Enterprise Risk Management team is responsible for ensuring that the firm's risks are managed systemically, such that the firm has a regular, comprehensive view of its risk profile as well as of key trends and emerging risks that could potentially affect the firm's overall risk profile. The Digital Assets Risk Management team is a specialized group focused on identifying and mitigating risks unique to digital asset activities such as cryptocurrencies and tokenized products. Combining expertise in risk management, digital asset products, regulatory compliance and quantitative analytics, the group develops frameworks to manage the risk of digital asset activities across market, credit, liquidity, operational and regulatory domains. The team works closely with the broader Risk Division and other areas of the Firm including legal and compliance. Key Responsibilities:
- Lead the design, implementation and oversight of frameworks for assessing risks associated with Digital Assets including digital currency trading and tokenization, to ensure they align with the Firm's risk tolerance and regulatory standards
- Coordinate the risk management considerations across the heterogenous range of Digital Assets activities, and ensuring consistency across the traditional Risk functions that manage digital risks directly such as Market Risk, Credit Risk, Liquidity Risk and Operational Risk
- Lead the development of quantitative risk exposure aggregation to continue to develop tools to measure digital asset risk
- Collaborate closely across functions including the first line, technology, legal and compliance to ensure risk factors are embedded into each stage of product development
- Stay informed of regulatory changes and ensure the company's practices comply with global standards and expectations. Moreover, help lead the dialogue with regulators in the digital assets space
Experience/skills required:
- 7-12 years in a risk discipline within the Digital Assets, Financial Services, and Banking industry
- Prior experience in the Digital Assets industry and risk management with in-depth understanding of the digital assets ecosystem, including blockchain technology, tokenization and digital currency trading
- Proficiency in quantitative risk assessment, data analysis, and familiarity with tools for analyzing risk pertaining to Digital Asset products
- Comprehensive knowledge of financial regulation as they pertain to the Digital Assets space
- Excellent verbal, written, and interpersonal communication skills
- High level of attention to detail, project management, and prioritization skills key in balancing daily deadlines with timely implementation of strategic projects
- Proven experience in driving own book of work and delivering against firmwide and cross-risk initiatives
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