Job Overview:
As a seasoned risk management professional, you will be responsible for developing and implementing a comprehensive risk management framework that encompasses all types of risks faced by the organization. This includes credit, market, liquidity, operational, and technology risks.
* Risk Management Framework: Develop, implement, and maintain a robust risk management framework that aligns with regulatory requirements and industry best practices.
* Prudential Risk Assessments: Conduct thorough prudential and capital risk assessments, including stress testing, scenario analysis, capital adequacy evaluations, and other regulatory-mandated reviews.
* Regulatory Disclosures: Prepare, validate, and support all regulatory disclosures required of financial institutions and virtual asset service providers (VASPs), ensuring accuracy and timely submission.
Key Responsibilities:
* Margin-Account Operations Governance: Lead the governance and oversight of margin-account operations, including establishing risk policies for margin lending and virtual asset collateral, defining and periodically reviewing maximum LTV ratios and haircut methodologies, monitoring collateral valuation, capital add-ons, and counterparty exposures.
* Key Risk Indicators (KRIs): Continuously monitor key risk indicators across business functions, escalating breaches or deviations to senior management and the Board with clear remediation plans.
* Independent Second-Line Function: Operate as an independent second-line function, maintaining objectivity from commercial and trading activities while collaborating closely with Compliance, Finance, Operations, and Technology.
Requirements:
* Location: Must be legally residing in Brazil.
* Senior-Level Experience: Minimum 7 years of senior-level experience in financial or prudential risk management, preferably within banks, fintechs, or crypto/virtual asset firms.
* Independence: Demonstrated independence from commercial functions and proven capability operating as a second-line or independent control function.
* Certifications: Strong command of Central Bank of Brazil risk regulations, prudential rules, capital adequacy requirements, and VASP reporting obligations.
* Expertise: Expertise in market and liquidity risk frameworks, stress testing, scenario modeling, and margin-account governance involving virtual assets.
* Education: Bachelor's degree in Finance, Economics, Risk Management, or a related field; postgraduate qualifications are strongly preferred.