Principal Risk Analyst

The role

You will identify, measure and mitigate risks in a crypto payments business, including counterparty, liquidity, market and blockchain technical risks. You will work with Product, Engineering, Compliance, Treasury and Operations so the company can grow without taking risks it does not understand.

What you will do

• Review and challenge risk assessment across payment flows, including on-ramps, off-ramps, card and bank funding, stablecoin settlement and cross-border transfers.
• Assess and monitor counterparty risk across liquidity providers, exchanges, custodians, banking partners, payment processors and blockchain infrastructure vendors.
• Evaluate exposure from cross-chain bridges, DEX swaps and smart contract interactions.
• Review and challenge risks related to crypto trading, including price slippage, execution latency and hedging liquidity.
• Work with Treasury on market, liquidity and FX risk, including hedging, float management and stablecoin de-peg scenarios.
• Provide independent review of new product proposals and recommend approval with or without conditions.
• Review business continuity testing and business impact analyses.
• Develop and evolve the risk framework, including Risk Appetite Statements, Key Risk Indicators, risk registers, limits and escalation procedures.
• Review technology and information security risks across core systems, infrastructure and third-party integrations.
• Prepare risk reporting for senior leadership, the board, auditors and partners.

Required qualifications

• 5-10 years in risk management at a payments company, fintech, exchange, bank or crypto firm.
• Hands-on experience with credit/counterparty, operational or market risk in a regulated or high-growth environment.
• Strong quantitative and analytical skills, comfortable building dashboards and models from raw data.
• Deep understanding of crypto payments end to end, including fiat-to-crypto and crypto-to-fiat flows, crypto swaps, stablecoin settlement, and merchant and card acquiring.
• Working knowledge of blockchain fundamentals: consensus, finality, confirmations, reorgs, gas and fees, wallets and key management.
• Understanding of cross-chain bridges and their trust and security models, and the history of bridge exploits.
• Understanding of swaps, DEXs and AMMs, liquidity pools, slippage, MEV and aggregator routing.
• Knowledge of crypto hedging approaches, such as spot, perpetuals, futures, options and stablecoin basis risk.
• Familiarity with stablecoin mechanics, reserve and de-peg risk, and smart contract risk and audits.
• Experience with blockchain analytics tools (e.g., Chainalysis, TRM, Elliptic) and on-chain data exploration.
• Excellent judgment under uncertainty and ability to explain reasoning.
• Clear written and verbal communication, including translating technical risk into business impact for non-specialists.

Nice to have

• A professional risk certification (FRM, PRM, CAMS) or a quantitative degree.
• Experience in DeFi or familiarity with writing or reading simple smart contract logic.
• Prior experience building a risk function at a scaling company.

Benefits

• Competitive salary package
• Equity package, with all employees having ownership
• Pay-for-performance equity bonus
• Moonshot award: 20 employees a year each earn a $250,000 equity grant
• Pension with employer contributions from day one
• Employee referral program: 10K in USDC
• Flexible Time Off
• Recharge Period: end-of-year company-wide time off
• Birthday leave
• Enhanced parental leave
• Hybrid working schedule, fully remote or from a Moonbase
• Private healthcare benefits

Before you apply

• The posting says candidates can still apply with about 75% of the listed experience.

About the company

MoonPay builds infrastructure for moving value, including crypto, stablecoins and tokenized assets, across four offerings: fund, tokenize, trade and spend. It reports 30M+ customers and 500+ ecosystem partners, is licensed in the U.S. and regulated across the UK, EU, Canada and Australia.