Location:
Hybrid - Singapore/Malaysia

About the Company:
Our Client operates an on-chain trading platform within the Solana ecosystem, building systems that must perform reliably under real market conditions.

Position Overview:

We are looking for a Head of Market Risk to design and improve the risk systems behind an on-chain trading platform in the Solana ecosystem. This is a high-impact, hands-on role focused on understanding markets, identifying risks early, and defining how our risk systems should behave. You will work closely with traders, product, and engineering to ensure the platform remains robust under all market conditions. This is a thinking, design, and decision-making role.

Key Responsibilities

• Monitor markets, positions, and trading activity to identify emerging risks
• Interpret key metrics such as open interest, funding rates, leverage, and concentration
• Investigate unusual market behavior and identify potential failure points
• Design and refine core risk logic, including liquidation, margin, and exposure limits
• Design and improve advanced risk mechanisms such as auto-deleveraging (ADL) and loss distribution frameworks to ensure system solvency under extreme conditions
• Recommend and drive changes to risk parameters based on market conditions
• Work closely with engineers to translate ideas into clear system designs and improvements
• Support decision-making during periods of high volatility or market stress

Job requirements

• Strong understanding of derivatives, leverage, liquidation mechanics, and funding rates
• Experience in real trading environments (crypto exchange, trading firm, or TradFi)
• Ability to independently analyze data and form clear, actionable risk views
• Strong judgment: able to distinguish real risk from noise
• Systems thinking: able to understand how mechanisms behave under stress and edge cases
• Comfortable working with engineers without needing to code
• Curious, investigative mindset with a bias toward understanding “what could break”

Strongly preferred

• Experience in traditional finance (trading, risk, market making, or derivatives)
• Experience at a centralized exchange (e.g. Binance, OKX, Bybit, Deribit)
• Prior exposure to liquidation engines, margin systems, or leveraged products
• Experience navigating or managing risk during major market events or crises

What this role is

• A thinking and design role, not just monitoring dashboards
• A bridge between markets and engineering
• Focused on making the system safer, more robust, and resilient over time

What this role is not

• Not a pure quant or academic research role
• Not a compliance or policy role
• Not a coding-heavy engineering role

Grab the chance and don't lose it. Apply now!
https://nodeworthy.recruitee.com/o/head-of-market-risk