Senior Risk Manager
A comprehensive risk management strategy covering credit, market, liquidity, operational, and technology risks across the organization is crucial for its success.
The role of a Senior Risk Manager involves conducting prudential and capital risk assessments, including stress testing, scenario analysis, capital adequacy evaluations, and other regulatory-mandated reviews to ensure compliance with Central Bank regulations.
* Prominent among the responsibilities of a Senior Risk Manager is the preparation, validation, and submission of all regulatory disclosures required of financial institutions and virtual asset service providers (VASPs), ensuring accuracy and timely submission.
Margin-Account Risk Oversight:
* Key to the role of a Senior Risk Manager is 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;
* To ensure adherence to client and institutional exposure limits, capital buffers, and net-worth thresholds, a Senior Risk Manager must maintain close collaboration with relevant departments.
Continuously monitor key risk indicators (KRIs) across business functions, escalating breaches or deviations to senior management and the Board with clear remediation plans.
A Senior Risk Manager operates as an independent second-line function, maintaining objectivity from commercial and trading activities while collaborating closely with Compliance, Finance, Operations, and Technology.
This position engages with internal/external auditors, regulatory bodies, and governance committees on matters related to risk management, capital adequacy, and prudential standards.
Promote a strong risk-aware culture by supporting ongoing training, communication, and enhancements to risk methodologies, models, and documentation.
Legal residence in Brazil is required.
Minimum 7 years of senior-level experience in financial or prudential risk management, preferably within banks, fintechs, or crypto/virtual asset firms.
Demonstrated independence from commercial functions and proven capability operating as a second-line or independent control function are essential qualifications.
Strong command of Central Bank of Brazil risk regulations, prudential rules, capital adequacy requirements, and VASP reporting obligations is necessary.
Expertise in market and liquidity risk frameworks, stress testing, scenario modeling, and margin-account governance involving virtual assets is highly desirable.
Bachelor's degree in Finance, Economics, Risk Management, or a related field; postgraduate qualifications are strongly preferred.
Exceptional analytical skills, strong quantitative capabilities, excellent communication, and full professional fluency in Portuguese and English are necessary qualities for this position.