Market Risk Manager

We are looking for a Market Risk Manager to lead and strengthen market risk management.

You will help set up Coinhako's risk management function, including developing our risk policies, procedures and limits as the business grows. You will work closely with Trading, Finance, Compliance and Technology, and share risk insights with senior management and the Risk Committee. You will build a robust, scalable risk framework.

The role covers a wide range of products, including spot, OTC, derivatives, structured products, Earn, market making and custody, as well as new business lines as they launch.

What you'll own

Counterparty risk management

• Due diligence and onboarding: Assess new and existing counterparties, including exchanges, OTC desks, liquidity providers, custodians and banks. Cover financial strength, operational resilience and regulatory standing.

• Credit limits: Set and maintain counterparty exposure and credit limits based on actual exposure and counterparty behaviour, and track limit usage daily.

• Exposure monitoring: Monitor pre-funding, settlement and concentration risk across venues, as well as collateral and margin positions.

Market risk management

• Position monitoring and analysis: Monitor, analyse and report on positions and trading P&L, and assess how market volatility affects the book.

• Risk limit management: Review and monitor usage of the Group's market risk limits, such as VaR and stress test limits, to keep activity within approved boundaries.

• Stress testing and new products: Run stress tests and scenario analysis, and assess the risks of new products before launch.

Risk governance

• Product risk ratings: Review risk ratings for digital asset products, and develop and update the risk rating methodology for virtual asset products.

• Risk policies: Help maintain and update Group and entity-level risk policies and procedures in line with regulatory requirements.

• Board and regulatory reporting: Help prepare materials for the Board, the Risk Committee and regulators, including risk inputs for MAS capital requirements.

Risk systems

• Define requirements for Coinhako's central risk platform and work with engineers to deliver it, so that exposures and limits are monitored in one system rather than by hand.

What we're looking for

Essential

• Education: Bachelor's degree or higher in Finance, Economics, Risk Management, Statistics or a related field.

• Experience: 8+ years of risk management experience at a financial institution such as a bank, brokerage or exchange.

• Risk expertise: Deep understanding of counterparty risk and sound knowledge of market risk, including VaR, stress testing and limit frameworks.

• Data skills: Strong data analysis and reporting skills, and proficiency in Excel or similar data tools.

• Crypto knowledge: A working understanding of crypto markets, token economics and how exchanges operate.

• Independence: A strong sense of ownership and the ability to work independently and exercise sound judgement under pressure.

• Regulatory knowledge: Familiarity with MAS guidelines on risk management and internal controls.

Advantageous

• Exposure to options, structured products or yield products.

• Experience with Python or SQL.

• Experience defining requirements for risk systems with engineering teams.

What’s in it for you:

• Friendly and fun start-up work culture

• Convenient work location located in the heart of CBD area

• Generous annual leaves on top of national holidays

• Medical coverage including GP, Specialist, TCM, and more

• Self-care benefits and exciting fitness workshops/webinars

• Vibrant office with a well-stocked pantry

Find out more about Coinhako here https://www.coinhako.com/ and don't forget to visit our Careers Page https://www.coinhako.com/join-us

By submitting your application to us, you consent to the collection, use, disclosure and processing of your personal data in accordance with our privacy policy, which is accessible at https://www.coinhako.com/legal/sg-1/privacy_policy.