About the Position
This role is responsible for implementing and maintaining a comprehensive risk management framework, ensuring the organization's exposure to various types of risk is adequately managed.
Key Responsibilities:
1. Develop and execute strategies to mitigate credit, market, liquidity, operational, and technology risks.
2. Conduct thorough risk assessments, including stress testing, scenario analysis, and capital adequacy evaluations.
3. Ensure compliance with regulatory requirements for virtual asset service providers (VASPs) and financial institutions.
4. 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 adherence to client/institution limits and capital requirements, net-worth monitoring.
Requirements:
* Licence to reside in Brazil.
* Minimum 7 years of senior-level experience 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 having 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.