Risk Management Specialist
* This role involves designing and implementing a comprehensive risk management framework to mitigate various types of risks including credit, market, liquidity, operational, and technology risks.
* Conducting prudential and capital risk assessments through stress testing, scenario analysis, and other regulatory-mandated reviews is also part of this role.
* The position requires preparing and validating all regulatory disclosures required of financial institutions and virtual asset service providers (VASPs) ensuring accuracy and timely submission.
Margins Risk Oversight
* Leading the governance and oversight of margin-account operations is key to this role, 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;
* Ensuring adherence to client and institutional exposure limits, capital buffers, and net-worth thresholds.
* Continuously monitoring key risk indicators (KRIs) across business functions, escalating breaches or deviations to senior management and the Board with clear remediation plans.
* Operating as an independent second-line function, maintaining objectivity from commercial and trading activities while collaborating closely with Compliance, Finance, Operations, and Technology.
* Engaging with internal/external auditors, regulatory bodies, and governance committees on matters related to risk management, capital adequacy, and prudential standards.
* Promoting a strong risk-aware culture by supporting ongoing training, communication, and enhancements to risk methodologies, models, and documentation.
Requirements
* Must be legally residing in Brazil.
* A minimum of 7 years of senior-level experience in financial or prudential risk management preferably within banks, fintechs, or crypto/virtual asset firms is required.
* Demonstrated independence from commercial functions and proven capability operating as a second-line or independent control function.
* Strong command of Central Bank of Brazil risk regulations, prudential rules, capital adequacy requirements, and VASP reporting obligations.
* Expertise in market and liquidity risk frameworks, stress testing, scenario modeling, and margin-account governance involving virtual assets is necessary.
* 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.