Risk Management Specialist
We are seeking a highly skilled Risk Management Specialist to develop and implement a comprehensive risk management framework that encompasses credit, market, liquidity, operational, and technology risks.
Key Responsibilities:
1. Develop and maintain a robust risk management framework that addresses various types of risk.
2. Conduct thorough risk assessments, including stress testing, scenario analysis, and capital adequacy evaluations.
3. Prepare and support regulatory disclosures required 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 compliance with client/institution limits and capital requirements; net-worth monitoring.
5. Review and monitor risk indicators across business functions, escalating material breaches or deviations to senior management and the Board.
6. Maintain independence from commercial and trading lines while ensuring collaboration with Compliance, Finance, and Operations.
7. Liaise with internal and external auditors, regulators, and governance committees on risk management and capital matters.
8. Support a risk-aware culture through training, communication, and continuous improvement of risk methodologies.
Requirements:
* Senior-level experience (minimum 7 years) 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, services to be provided, and crypto segment, as well as crypto market dynamics and risks associated with those activities, technical capability compatible with the functions to be exercised.