Build the risk framework. Define and own the parameters that will govern how the exchange operates: max open interest, position size limits, leverage tiers, and margin requirements across account types.
Design liquidation and insurance fund protocols. Establish the processes and infrastructure for managing liquidations and offloading risk through hedging or counterparty relationships when needed.
Build risk monitoring infrastructure. Design the systems and tooling that will give the team continuous visibility into account health, exposure concentration, and exchange solvency.
Establish operating protocols. Define the playbooks for how the team responds to stressed market conditions, large position buildups, and potential exchange dislocations.
Build your own tooling. Use Python, SQL, or whatever you need to build internal tools for evaluating risk and staying ahead of developing exposures.

Deep trading experience with a background at a trading firm or exchange
Hands-on experience managing liquidations and navigating crisis moments in live markets
Strong grasp of how the major crypto exchanges operate
In-depth knowledge of margin mechanics, funding rates, index price, and mark price across crypto derivatives exchanges
Ability to act quickly and decisively under pressure with real money on the line
Strong counterparty relationships and comfort working with trading firms to offload risk
(Plus) Proficiency in Python, SQL, or other data analysis tools for building risk monitoring infrastructure

Senior Risk Manager

Key skills