Senior Market Risk Manager (Web3)

TL;DR

Senior Market Risk Manager (Web3): Managing and overseeing market risk exposures for crypto liquidity management activities with an accent on Greeks management, VaR modeling, and PnL attribution. Focus on developing robust risk frameworks, enforcing stop-loss limits, and optimizing margin efficiency for complex crypto derivatives.

Location: Hong Kong

Company

hirify.global is a leading crypto exchange and developer of the hirify.global Wallet, providing millions of users and institutions access to crypto trading and decentralised applications.

What you will do

• Monitor real-time and end-of-day market risk exposures across spot, perpetual swaps, and exotic options.
• Manage Greeks (delta, gamma, vega, theta, rho) and ensure hedging activity keeps net exposures within approved limits.
• Develop and enhance risk frameworks including VaR models, Expected Shortfall, and stress testing calibrated to crypto dynamics.
• Own PnL attribution and reconciliation to decompose daily trading PnL and validate model accuracy.
• Define and enforce comprehensive risk limits, including notional, Greeks, and stop-loss thresholds.
• Collaborate with Trading, Tech, and Finance teams to automate monitoring workflows and improve risk system data quality.

Requirements

• Bachelor's degree in Finance, Mathematics, Statistics, Engineering, or a related quantitative field.
• 7–10+ years of experience in market risk management at a crypto market maker, prop trading house, or Tier-1 exchange.
• Deep knowledge of crypto and traditional financial products including perpetuals and barrier options.
• Proficiency in risk metrics (VaR, Expected Shortfall) and Greeks management for options-heavy books.
• Strong quantitative skills and proficiency in Python for data analysis and risk metric calculation.
• Must be based in Hong Kong

Nice to have

• Advanced degree (MSc, PhD).
• Experience in risk management within the gambling/betting industry.
• Professional qualifications such as CFA, FRM, or PRM.

Culture & Benefits

• Opportunity to work at the cutting edge of crypto market making.
• Daily collaboration with world-class traders and quants on complex hedging.
• High level of autonomy to shape the risk framework of a high-growth business.
• Competitive compensation and flexible working arrangements.