Risk Manager - Centralized Exchange

New York City, Remote. Posted a month ago

The role

You will lead the FCM's independent Risk Management Unit and administer its Risk Management Program. You will establish risk limits, assess exposures, conduct stress testing, and oversee margin and liquidation risk.

What you will do

Help write and maintain the FCM's Risk Management Program under CFTC Regulation 1.11
Set and monitor pre-trade and intraday limits for market, credit, margin, concentration and volume exposure
Develop and monitor the FCM's customer-margin and risk-limit framework
Run stress tests, scenario analysis and exposure aggregation
Monitor liquidity, capital, and counterparty and depository exposure
Provide risk oversight of customer-fund segregation and residual interest
Assess clearing, settlement, contract-expiration, technology, data and third-party risks
Prepare quarterly Risk Exposure Reports and interim reports
Coordinate required regulatory filings
Assess the risk of new products, venues and clearing relationships before launch

Required qualifications

4–8 years in market, credit or margin risk at an FCM, clearing firm, DCO, broker-dealer or trading firm
Strong command of futures and derivatives margining (SPAN or similar), exposure measurement and liquidation practices
Hands-on experience with limits, stress testing and risk reporting to senior management
Working knowledge of FCM risk obligations, including Regulation 1.11, segregation and capital
Strong quantitative and data skills (Python, SQL or advanced Excel)
Clear written communication for governance and regulatory reporting
The independence and judgment to challenge the business when needed
Comfort building process from scratch in a fast-moving 0-to-1 environment
A clean regulatory record, with no NFA or FINRA disciplinary history

Nice to have

Experience at a retail-facing or technology-first FCM
Perpetual futures, 24/7 markets, crypto or stablecoin collateral experience
Exposure to helping build or reviewing a Risk Management Program, or to CFTC/NFA exams
FRM, CFA or similar certification

About the company

Sei Labs is a unicorn startup building Sei, the fastest EVM blockchain in the world designed for trading. The company is incubating a new US regulated exchange.