Digital Asset Risk Control Manager

Job Responsibilities

Main Responsibilities

Responsible for the risk control management of funds in all business lines of the exchange, including spot trading, contracts, wealth management, lending, Earn, and institutional business scenarios. This includes business fund allocation, fund usage efficiency, exposure control, and risk limit management.

Participate in the on-site asset risk management of the exchange, covering UTA lending, spot assets, margin assets, collateral assets, etc. Establish asset access, stratification, quota, discount rate, risk warning and exit mechanisms.

Participate in the risk assessment of spot assets, monitoring the liquidity, depth, volatility, position concentration, chain-based risks, abnormal price fluctuations of the listed assets, and identifying potential asset risks.

Work Content:

Establish and maintain the exchange's fund risk monitoring system, covering core indicators such as fund transfer, fund occupation, liquidity gap, term mismatch, asset-liability matching, abnormal fund flow direction, etc.

Responsible for formulating business fund allocation rules, including different business lines' fund budgets, risk capital occupation, return-risk ratio assessment, fund usage upper limit, stop-loss mechanism and emergency recovery mechanism.

Collaborate with product, trading, market-making, finance, settlement, compliance, technology and other teams to promote the implementation of risk parameters, including collateral rate, lending interest rate, limit, asset stratification, liquidation threshold, risk warning line, etc.

Build daily risk reports and monitoring dashboards, and regularly output reports on asset risk, lending risk, fund usage risk, business fund efficiency and abnormal event review.

Conduct stress tests and emergency plan design for extreme market conditions, liquidity shocks, asset disengagement, chain-based security events, centralized liquidation, user run-ins, etc.

Track the asset risk management, fund rates, collateral management, fund pool management and liquidation mechanisms of mainstream exchanges and DeFi lending protocols to provide reference for internal strategy optimization.

Qualifications

Bachelor's degree or above, with a major in financial engineering, mathematics, statistics, computer science, economics, finance, etc.

3 years of experience in risk management, exchange risk control, cryptocurrency lending, fund management, quantitative trading, market-making, asset-liability management or related fields.

Familiar with cryptocurrency exchange business, understanding of spot trading, contracts, unified account UTA, leverage, lending, wealth management, etc. core business logic.

Familiar with asset risk assessment methods, able to judge asset risk levels from dimensions such as liquidity, volatility, depth, trading volume, position concentration, chain-based security, market manipulation risk, etc.

Familiar with lending business risk control logic, understanding of LTV, collateral rate, liquidation line, discount rate, capital utilization rate, bad debt rate, liquidity pool, interest model, etc. key indicators.

Familiar with fund risk control and fund allocation logic, able to assess the fund occupation, return-risk ratio, liquidity demand and fund recovery ability in extreme situations of different business lines.

Strong data analysis skills, proficient in using one or more tools such as SQL, Python, Excel, etc., and able to independently complete data extraction, analysis and risk monitoring.

Have a good understanding of market risk, liquidity risk, credit risk, operational risk, and the ability to independently identify and drive problem-solving.

Have strong cross-departmental communication skills, able to make balanced judgments between business growth and risk control.

Highly sensitive to the cryptocurrency market, able to respond quickly to extreme market conditions, asset abnormal fluctuations, chain-based security events and liquidity risk events. Bonus points

Have experience in headquartering cryptocurrency exchanges, crypto lending platforms, DeFi protocols, market makers, quantitative funds or financial institutions' fund management.

Have participated in account, lending, collateral and liquidation mechanisms of platforms such as OKX, Binance, Bybit, Deribit, Aave, Compound, MakerDAO, etc.

Have experience in unified account UTA, Portfolio Margin, cross-currency collateral, lending interest rate models, collateral discount rate design.

Have experience in exchange Treasury, fund pool, business fund allocation, and liquidity management.

Be capable of building risk models, stress testing models or automated monitoring systems.