Responsible Manager (AU-Derivatives）

About the Role As a Responsible Manager under Bitget's AFSL, you will oversee all derivatives trading operations, including crypto futures and leveraged products.

You will ensure robust compliance, client protection, and risk management in accordance with ASIC's regulatory framework.

Key Responsibilities

Regulatory & Compliance Oversight Act as a nominated Responsible Manager under the AFSL, ensuring derivatives activities comply with the Corporations Act 2001, ASIC Market Integrity Rules, and relevant regulatory guides Oversee the preparation, review, and distribution of Product Disclosure Statements (PDS) and Product Design and Distribution Obligations (DDO) Target Market Determinations (TMDs) Ensure compliance with ASIC's product intervention orders relating to CFDs and derivatives Monitor and implement changes arising from regulatory developments affecting crypto derivatives Ensure appropriate client classification (retail vs wholesale) and maintain documentation supporting wholesale client certifications Support AFSL licence conditions, renewals, and ASIC inquiries Client Suitability & Protection Implement and oversee robust client suitability assessments for derivatives trading Ensure clients receive appropriate risk warnings and disclosures before trading Enforce leverage limits, margin requirements, and negative balance protection in line with ASIC requirements Oversee margin call processes and ensure timely client communication Operations & Trade Execution Supervise the execution of derivatives trades, ensuring best execution and fair treatment of clients Develop and maintain operational policies, procedures, and controls for derivatives trading Ensure accurate trade reporting, record-keeping, and reconciliation processes Oversee client onboarding for derivatives, including appropriateness testing and certification verification Risk Management Identify, monitor, and mitigate market, credit, counterparty, and operational risks in derivatives activities Conduct regular stress testing and scenario analysis on derivatives exposures Report material risks and breaches to the Compliance Officer and Board Contribute to business continuity planning for derivatives operations Dispute Resolution & Reporting Manage client complaints related to derivatives, ensuring resolution within IDR timeframes Liaise with AFCA on escalated disputes and ensure timely responses Prepare and submit regulatory reports to ASIC as required Maintain audit trails and documentation for regulatory inspections People & Training Train and supervise staff on derivatives products, compliance obligations, and client suitability requirements Ensure team members maintain RG 146 competency and ongoing CPD requirements Promote a culture of compliance, integrity, and client-centric service Continuous Professional Development Maintain and demonstrate derivatives proficiency through annual competency assessments Stay informed on market developments, product innovations, and regulatory changes

Requirements

Experience Significant experience in financial services with substantial exposure to derivatives dealing, structuring, or risk management Demonstrated experience serving retail clients in a derivatives context (mandatory) Proven experience operating within an AFSL-regulated environment, ideally with exposure to crypto derivatives or CFDs Track record of managing margin, leverage, and client suitability frameworks

Qualifications

& Competency RG 146 compliant (Tier 1) for derivatives products Relevant tertiary qualification in Finance, Economics, Law, or related field (highly desirable) Additional certifications in derivatives, risk management, or compliance (e.g., CFA, FRM, or equivalent) advantageous Knowledge & Skills Strong understanding of the Corporations Act, ASIC Regulatory Guides (RG 104, RG 105, RG 166, RG 212, RG 227, RG 274), and ASIC product intervention orders Thorough understanding of retail client obligations and wholesale client certification requirements under the Corporations Act Deep knowledge of derivatives markets, including futures, options, swaps, and CFDs (crypto and traditional) Familiarity with leverage management, margin calculations, and risk controls Excellent communication, stakeholder management, and leadership skills Ability to operate effectively under pressure in a dynamic regulatory environment Other

Requirements

Must be an Australian citizen or permanent resident Satisfy ASIC's fit and proper person requirements Willingness to undergo police, bankruptcy, and regulatory background checks