Deliver a comprehensive risk management framework that aligns with organizational objectives, covering credit, market, liquidity, operational and technology risks.
Key Responsibilities:
* Evaluate and mitigate prudential and capital risks through stress testing, scenario analysis, capital adequacy assessments, and regulatory reviews.
* Ensure timely and accurate submission of regulatory disclosures for financial institutions and virtual asset service providers, maintaining compliance with regulatory requirements.
* Oversee margin-account operations, establishing risk policies for margin lending and virtual asset collateral, defining LTV ratios, haircut methodologies, and monitoring exposures.
* Monitor key risk indicators across business functions, identifying breaches or deviations and presenting clear remediation plans to senior management and the Board.
* Maintain independence from commercial and trading activities while collaborating with Compliance, Finance, Operations, and Technology to ensure effective risk governance.
Promote a culture of risk awareness by supporting ongoing training, communication, and enhancements to risk methodologies, models, and documentation.
Risk Management Framework encompasses the following components:
1. Credit Risk: Assessing and mitigating potential losses due to borrowers' failure to repay loans.
2. Market Risk: Evaluating potential losses due to adverse market movements.
3. Liquidity Risk: Managing the ability to meet financial obligations as they come due.
4. Operational Risk: Identifying and mitigating potential losses resulting from inadequate or failed internal processes.
5. Technology Risk: Managing the potential loss or damage caused by the failure of technology systems.