Director, Trading Risk
2 days ago
The Quant Trading team is responsible for trading and managing risks associated with different crypto products, including spots and derivatives. The team develops and implements trading strategies in fast-paced and complex trading environments.
We are recruiting for a Director to help drive the in-business Risk and Reporting function for the global Quant Trading business. Quant Trading business covers a variety of trading desks across cash, derivatives, volatility trading, and others. This role will cover both Risk and P&L monitoring with direct interaction with trading desks, central Finance team, and other control functions.
Responsibilities
Responsible for real-time monitoring, analyzing, and reporting of trading desks' risk exposures, limits, and breaches; actively following up on actions to resolve breaches with trading desks, and recommending risk mitigation strategies.
Set up and review trading limits systematically.
Responsible for P&L attribution, reporting, and analyses, with commentaries of key drivers.
Have a sound understanding of trading strategies, implement appropriate risk controls and quantitative analytics on trading performance.
Contribute to the development of the trading risk management framework, drafting of risk policies and procedures for new and existing trading strategies, ensuring compliance with relevant regulatory requirements.
Monitor funding risk and ensure integrity of balance sheet capital funding and usage.
Monitor key counterparty risks and operational risk, including business continuity.
Develop automated trading controls, scripts, and dashboards to monitor trading positions and balances in real-time.
Prepare trading performance reports and analyses for senior management.
Requirements
Degree or above in a quantitative discipline, with professional qualification such as CPA, CFA, FRM an added advantage.
Minimum 5 years of relevant working experience in a quantitative trading firm, investment bank, or hedge fund, in areas such as Product Control, Market Risk Management, Risk Strategist.
Hands-on experience developing risk management procedures and risk monitoring tools.
Strong understanding of financial products, knowledge of crypto products is a plus.
Proficient in Python and SQL.
Strong analytical skills, detail-oriented.
Hands-on, passionate about building, a product owner who can drive an initiative from start to finish.
Passionate about cryptocurrency and blockchain.
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