Risk Management Engineer

**About AsiaNext (Asia Digital Exchange)**

AsiaNext’s mission is to provide a trusted digital exchange for institutional clients in Asia and beyond, offering an integrated, end-to-end, tokenisation, listing, trading, settlement and custody service for digital assets, crypto-currencies, and crypto-currency derivatives. As a joint venture between SIX Digital Exchange (SDX) and SBI Digital Asset Holdings Co., Ltd, it will leverage SIX Digital Exchange’s extensive networks in Switzerland and Europe, as well as SBI’s in Asia, and their joint expertise in facilitating and meeting institutional clients’ needs. Both SIX and SBI have already demonstrated their leadership in the global digital asset markets through a number of existing initiatives. Risk management is a crucial part of their client offerings and an integral part of AsiaNext.

**Position Summary**:
The responsibility of the Risk Management Engineer is to assist AsiaNext’s risk department in the design, implementation and operation of an analytical risk management and control framework tailored to AsiaNext’s business model, reflective of best practices in the industry, and aligned with the risk management policies of SIX and SBI.

**DUTIES/RESPONSIBILITIES**

**Responsibilities include (but are not limited to) the following and may vary during your employment based on the needs of the business, as determined by the CEO, the Chief Risk Officer and the Head of Credit Risk Management:

- **
- Design, develop, document, prototype, test and assist in rolling out risk management tools, measures, controls and monitors for a risk universe that includes market, credit and operational risks.
- Design and implement the analytical architecture for risk management at AsiaNext to accommodate these tools in a durable, scalable and maintainable environment.
- Design and execute user acceptance test cases to validate the risk model and implementation. In addition, carryout regression test cases and check results are within expectations.
- Create written material on AsiaNext’s risk management tools in a style appropriate for AsiaNext’s staff, its clients, regulators and auditors or for external publication.
- Ensure all risk reporting is completed in an accurate and timely fashion.
- Participate in AsiaNext’s platform build to ensure our risk posturing is balanced and appropriate for each phase of our product rollout (crypto derivative, crypto spot and securities tokens). 2 Confidential - AsiaNext
- Partner with the management and commercial team to present AsiaNext to external stakeholders to enhance our brand reputation.
- Advise and educate internal stakeholders on internal risk management policies and procedures.
- Specific areas of focus for quantitative risk management include:

- VAR modelling and stress-testing for different products, including options on futures.
- o Real-time risk modelling, scenario analysis, risk aggregation
- Counterparty and liquidity risk for exchange members posting risky or illiquid collateral.
- Default fund calibration. o Real-time, online counterparty credit analysis.
- Model quality assurance and review via back-testing, model calibration etc.

**Qualifications**:

- Master’s degree or undergraduate degree with good honours in Finance or related area Skills
- Financial/risk management calculations
- Design, documentation and modification of risk management or financial models
- Transformation of risk management or financial models into Python prototypes
- Visualisation and presentation of financial data or model output in order to communicate results to experts and to non-experts in line with their individual capabilities
- Interfacing between Python and traditional relational databases or modern time-series databases in order to produce value-added analytics
- Writing in English for internal documentation, internal presentations and external publication
- Working with diverse character-types in a fluid environment
- Given the above, fluency in Python programming and SQL is a necessary skill