Risk Officer (Brazil)

Key Responsibilities:

• Implement and maintain a comprehensive risk management framework, covering credit, market, liquidity, operational, and technology risks.
• Conduct prudential and capital risk assessments, including stress testing, scenario analysis, and capital adequacy evaluations.
• Prepare and support regulatory disclosures required for virtual asset service providers (VASPs) and financial institutions.
• Oversee Margin-Account Operations, including;
• Development of policies governing margin lending and virtual asset collateral
• Setting and reviewing maximum loan-to-value (LTV) ratios and haircut levels
• Monitoring collateral valuation, capital add-ons and counterparty exposures
• Ensuring compliance with client/institutional limits and capital requirements
• Net-worth monitoring;
• Review and monitor risk indicators across business functions, escalating material breaches or deviations to senior management and the Board.
• Maintain independence from commercial and trading lines while ensuring collaboration with Compliance, Finance, and Operations.
• Liaise with internal and external auditors, regulators, and governance committees on risk management and capital matters.
• Support a risk-aware culture through training, communication, and continuous improvement of risk methodologies.
• Deep practical knowledge in CMN Res. 4557/17 regarding the risk management structure, the financial structure and the information disclosure policy management.

Requirements:

• Legally resident in Brazil.
• Senior-level experience (minimum 7 years) in financial or prudential risk management, preferably within financial institutions, fintechs, or crypto/virtual asset firms.
• Demonstrated independence from commercial functions and ability to operate as a second-line or independent control function.
• Strong knowledge of Central Bank of Brazil risk management regulations, capital adequacy standards, and VASP disclosure requirements.
• Expertise in market and liquidity risk frameworks, stress testing, and margin-account operations involving virtual assets.
• Bachelor’s degree in Finance, Economics, Risk Management, or related field; postgraduate qualification preferred.
• Strong quantitative, analytical, and communication skills; fluency in Portuguese and English.
• Must meet fit and proper standards with no disqualifying factors, including:
• not to have been declared bankrupt or insolvent;
• unblemished reputation;
• knowledge of the line of business, the services to be provided and the crypto segment, as well as crypto market dynamics and the risks associated with those activities;
• technical capability, compatible with the functions to be exercised.
• not having been previously rejected or investigated by the Central Bank of Brazil within the past three years for submitting false, omitted, or inconsistent information in any authorization request