Head of Risk
Level inferred from job title
Job description
Head of Risk at Keyrock, owning and developing the firm's risk function end-to-end, with direct accountability for the design, implementation and enforcement of a firm-wide risk framework across all activities. The role co-designs the firm's risk architecture with the COO and CIO and oversees risk across trading, treasury and investments in CeFi and DeFi environments.
At a glance
- Work mode
- Remote
What you'll do
- Develop and maintain a quantitative risk framework grounded in modern risk theory (e.g. market, credit, liquidity and systemic risk modelling), leveraging concepts such as tail risk, extreme value theory, dependence structures and stress testing
- Co-design and implement the Firm-wide risk management system in close collaboration with the COO and CIO, including data architecture, risk aggregation layers, real-time monitoring capabilities and reporting infrastructure across all business lines
- Build an integrated risk view across centralized and decentralized venues, covering exchange risk, counterparty risk, smart contract risk, collateral efficiency and liquidity fragmentation
- Define and implement advanced risk metrics (VaR, Expected Shortfall, stress scenarios, liquidity-adjusted risk, concentration risk) and ensure their consistent application across trading, treasury and investment activities
- Own and develop the Firm's risk function end-to-end, with direct accountability for the design, implementation and enforcement of a Firm-wide risk framework across all activities
- Have full oversight of risk across trading (spot and derivatives), treasury and investments, including exposures across CeFi and DeFi environments
- Define risk appetite, implement advanced risk metrics and ensure disciplined risk-taking across the organization
- Set the standard, challenge the business and enforce a strong risk culture, while enabling the firm to scale
What we're looking for
- Strong foundation in quantitative risk management, including hands-on experience with market risk, credit risk and liquidity risk modelling, ideally aligned with frameworks such as those presented in Quantitative Risk Management (McNeil, Frey, Embrechts)
- Demonstrated ability to design and implement risk models, including tail risk estimation, scenario analysis, stress testing frameworks and dependence modelling across asset classes
- Proven experience in designing or co-designing firm-wide risk systems, working closely with technology (CIO) and operations (COO) to translate risk requirements into scalable infrastructure
- Experience operating at the intersection of traditional financial markets and digital assets (CeFi and/or DeFi), with a strong understanding of differences in market structure, risk transmission and infrastructure
- Practical knowledge of crypto-specific risks, including exchange/custodian risk, smart contract risk, protocol risk, funding/basis dynamics and collateral management in both centralized and decentralized environments
- Strong drive and proactivity to continuously strengthen the risk management in a fast-growing financial institution
- A quantitative risk management system-building role rather than a reporting role
Nice to have
- Translate traditional financial risk methodologies into crypto-native environments, adapting models to account for 24/7 markets, fragmented liquidity, funding dynamics, on-chain transparency and new failure modes (e.g. oracle risk, protocol risk)
Benefits
- A competitive salary and global benefit package
- Annual Team Retreats: a yearly offsite dedicated to strategy, celebration of our wins and fun team activities
- Autonomy in your time management thanks to semi-flexible working hours
- Fast-paced, highly intellectually stimulating working environment
- The freedom to create your own entrepreneurial experience by being part of a team of people in search of excellence
Apply
About Keyrock
A change-maker in digital assets
Since 2017, Keyrock has been a change-maker in digital assets. We're a global, remote-first team of 200+ people across 40+ nationalities, with hubs in Brussels, London, Paris and New York. We provide liquidity across 80+ centralized and decentralized exchanges - a position cemented by our Series C, led by SC Ventures. Today we run a full spectrum of capital markets businesses across centralized and on-chain venues: market making, high-frequency trading, options, OTC, DeFi trading desks, advisory, and asset management.
Mission
We're building toward the agentic investment banking capabilities for the era of digital finance.
Key facts
- 200+
- 2017
- Digital assets / capital markets
- Global, remote-first team of 200+ people across 40+ nationalities
- Hubs in Brussels, London, Paris and New York
- Provides liquidity across 80+ centralized and decentralized exchanges
- Series C led by SC Ventures
- Runs market making, high-frequency trading, options, OTC, DeFi trading desks, advisory, and asset management
- A proprietary agentic layer runs the mechanics of the market
Partners & customers
What they value
- Mission over ego
- Commercial mindset
- Pragmatic flexibility
- Proactive ownership
- Fiercely passionate, mission-driven