Senior Market & Counterparty Risk Manager
Binance
Paris, France
Posted on Thursday, September 28, 2023
Binance is the leading global blockchain ecosystem and cryptocurrency infrastructure provider whose suite of financial products includes the world’s largest digital-asset exchange.
Our mission is to accelerate cryptocurrency adoption and increase the freedom of money.
If you’re looking for a fast-paced, mission-driven organization where opportunities to learn and excel are endless, then Binance is the place for you.
This is an exciting opportunity to join a crypto trading venue reporting to the Chief Risk Officer. You will be part of the evolution of financial services, by establishing the risk management function for a new legal entity, whose principal business relates to crypto futures contracts.
Responsibilities
- Design, implement and operate a risk management framework to ensure that the trading venue’s Market & Counterparty risks are properly assessed, measured and managed in compliance with Binance risk policies and risk appetite.
- Perform regular backtesting on the margin requirements (Initial and Maintenance Margin requirements) using scenarios analysis (VaR, Expected shortfall, stress tests).
- Regularly review the calibration of the Default Fund pools.
- Monitor daily counterparty and market risks for the trading venue.
- Produce counterparty and market risk reports.
- Partner with other teams (Product, Data, Finance, etc) in developing new and improving existing analytics and quantitative models for measuring market and counterparty risks related to cryptos’ futures.
- Contribute to the management of various risk management issues (non financial risks assessment and monitoring, risk appetite framework, risk related regulatory watch, etc.).
Requirements
- At least 5 years of experience in risk management with a focus on counterparty and market either within a bank, investment firm or clearing house.
- Have a deep understanding of derivatives and complex trades.
- Able to demonstrate strong quantitative, analytical and problem solving skills
- Strong programming background and expertise in using SQL, Matlab, Python and R.
- Able to deliver high quality work on tight deadlines and be comfortable working in the constantly evolving crypto industry.
- Be proactive, curious, self-driven and a fast learner.
- Excellent communication and interpersonal skills
Working at Binance
• Be a part of the world’s leading blockchain ecosystem that continues to grow and offers excellent career development opportunities
• Work alongside diverse, world-class talent in an environment where learning and growth opportunities are endless
• Tackle fast-paced, challenging and unique projects
• Work in a truly global organization, with international teams and a flat organizational structure
• Competitive salary and benefits
• Balance life and work with flexible working hours and casual work attire
Learn more about how Binancians embody the organization’s core values, creating a unified culture that enables collaboration, excellence, and growth.
Apply today to be a part of the Web3 revolution!
Binance is committed to being an equal opportunity employer. We believe that having a diverse workforce is fundamental to our success.
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