Senior Market Risk Manager - HongKong at OKX

<div data-page-id="LG5edKSLFoPRgJxzCRel0cHjgpb" data-lark-html-role="root" data-docx-has-block-data="false"> <h2 class="heading-2 ace-line old-record-id-doxlgj8pKaYErgVIJ4BNLISGhye">Who We Are</h2> <div class="ace-line ace-line old-record-id-doxlgUGihRF1sRz742bdy0tmXEd">At OKX, we believe that the future will be reshaped by crypto, and ultimately contribute to every individual's freedom. OKX is a leading crypto exchange and the developer of OKX Wallet, giving millions access to crypto trading and decentralised crypto applications (dApps). OKX is also a trusted brand by hundreds of large institutions seeking access to crypto markets.</div> <div class="ace-line ace-line old-record-id-doxlg06M0eq2cUPgA2ZLNUKXBJb">Across our multiple offices globally, we are united by our core principles: <strong>We Before Me</strong>, <strong>Do the Right Thing</strong>, and <strong>Get Things Done</strong>. These shared values drive our culture, shape our processes, and foster a friendly, rewarding, and diverse environment for every OK-er.</div> <div class="ace-line ace-line old-record-id-doxlgwhUHtSZ0U77n4YXxYnmDLm">OKX is part of OKG, a group that brings the value of Blockchain to users around the world, through our leading products OKX, OKX Wallet, OKLink and more.</div> <div class=" old-record-id-doxlg8zkPoVRt1MUZNW6hk944qf" data-type="divider"><hr></div> <h2 class="heading-2 ace-line old-record-id-doxlgKfIkFKzpb4yfDNzpBe9hEh">About The Team</h2> <div class="ace-line ace-line old-record-id-doxlg6eg0aDcuIhadKTFeX7WeCh">OKX Liquidity Management supports a broad range of crypto products — from spot and perpetual swaps to structured products and exotic options.</div> <div class="ace-line ace-line old-record-id-doxlgGaJKXidpi6BA1QEmmWx6Mh">The Risk function is responsible for independent oversight of all market risk exposures arising liquidity management activities. We maintain rigorous real-time risk monitoring frameworks, enforce pre-agreed risk limits, and work closely with liquidity management team to ensure exposures remain within appetite at all times.</div> <div class="ace-line ace-line old-record-id-doxlgJN3VvP20Xjn9XAk5nPYAxg">We are seeking a <strong>Senior Market Risk Manager</strong> to join this team. You will be the 2nd line of independent risk oversight for our liquidity management business, working closely with the front office to assess risk and business strategy, as well as other corporate functions such as model validation, developers, finance, compliance, to keep the desk operating safely and efficiently.</div> <div class=" old-record-id-doxlgYisdbFuHIQP2pEptoV33od" data-type="divider"><hr></div> <h2 class="heading-2 ace-line old-record-id-doxlgx9dJxjjc11gBVmifruVZPh">What You'll Be Doing</h2> <h3 class="heading-3 ace-line old-record-id-doxlgrLoVyB1T0537cIUzu5wHWd">Risk Monitoring &amp; Limits Management</h3> <ul class="list-bullet1"> <li class="ace-line ace-line old-record-id-doxlgkqwYFXaef7nA3eLWgBNBLf" data-list="bullet"> <div>Monitor real-time and end-of-day market risk exposures across liquidity management activities, spanning spot, perpetual swaps, dated futures, vanilla options, exotic payoffs with KI/KO features</div> </li> <li class="ace-line ace-line old-record-id-doxlg1JEz3fu7wHfIac6jvJN2Xm" data-list="bullet"> <div>Track and manage Greeks (delta, gamma, vega, theta, rho) across various trading desks; ensure hedging activity keeps net Greeks within approved limits</div> </li> <li class="ace-line ace-line old-record-id-doxlgOhLaDJOqC59xtVzou8pPXb" data-list="bullet"> <div>Maintain and enforce stop-loss limits at the desk, strategy, and individual trader level; identify breaches promptly and coordinate effective escalation and resolution</div> </li> <li class="ace-line ace-line old-record-id-doxlgNFpx8RPzliFKPL6UBAyKNb" data-list="bullet"> <div>Monitor margin utilisation and collateral efficiency across venues; flag concentration or margin call risk before it materialises</div> </li> <li class="ace-line ace-line old-record-id-doxlgO9I33RmwSu3eTDoIfkYiBm" data-list="bullet"> <div>Oversee liquidation risk and auto-deleveraging (ADL) exposure for leveraged positions; work with traders to manage positions ahead of critical margin thresholds</div> </li> </ul> <h3 class="heading-3 ace-line old-record-id-doxlgBYxttjTPTzlMY9TTJP3Vrb">Risk Framework &amp; Methodology</h3> <ul class="list-bullet1"> <li class="ace-line ace-line old-record-id-doxlgluE98At3iI0OIzodEON4bd" data-list="bullet"> <div>Continuously develop and enhance the market risk framework for the market making desk, including VaR models, Expected Shortfall, stress testing, and scenario analysis calibrated to crypto market dynamics</div> </li> <li class="ace-line ace-line old-record-id-doxlgiLRE9DW63U5Nf2NaYiuLbf" data-list="bullet"> <div>Own PnL attribution and reconciliation — decompose daily trading PnL into Greeks, carry, and residual components to validate model accuracy and identify unexplained P&amp;L</div> </li> <li class="ace-line ace-line old-record-id-doxlgdkcNnFAWd3F79wO72rPUHb" data-list="bullet"> <div>Define and maintain a comprehensive suite of risk limits including notional limits, Greeks limits, stop-loss thresholds, concentration limits, and venue-level position limits; perform periodic data-driven reviews</div> </li> <li class="ace-line ace-line old-record-id-doxlg6EaNyR7yAZGpurkwpd520m" data-list="bullet"> <div>Evaluate market risk for new products, strategies, and client structures prior to launch, including bespoke structured products and barrier option payoffs</div> </li> <li class="ace-line ace-line old-record-id-doxlg9NcWKi8Irz0FnaybWi8UTc" data-list="bullet"> <div>Develop and refine margin parametrisation models to support efficient capital usage while maintaining robust risk controls</div> </li> </ul> <h3 class="heading-3 ace-line old-record-id-doxlgC8BFymt3xnTxgEaYvHWThd">Stakeholder Engagement &amp; Reporting</h3> <ul class="list-bullet1"> <li class="ace-line ace-line old-record-id-FvQ0dKLopojHVQx8c4WlwY3xgwg" data-list="bullet"> <div>Understand the market, discuss risk exposures and concerns with senior risk managers and traders</div> </li> <li class="ace-line ace-line old-record-id-doxlgbZgB2fBLqdWgPp6cdxefbf" data-list="bullet"> <div>Produce and review high-quality daily, weekly, and monthly risk reports for the desk head and senior leadership, presenting complex exposures and risk metrics clearly to both technical and non-technical audiences</div> </li> <li class="ace-line ace-line old-record-id-doxlge54wlpWErUrNhdwxHSpBum" data-list="bullet"> <div>Lead post-mortem reviews on market risk incidents, stop-loss breaches, or significant mark-to-market events; ensure root causes are identified and controls updated</div> </li> <li class="ace-line ace-line old-record-id-doxlgDDQjbxjO3NQQc6koB8LDQh" data-list="bullet"> <div>Partner with Trading, Structuring, Technology, and Finance teams to design and implement risk system improvements, automate monitoring workflows, and improve data quality</div> </li> <li class="ace-line ace-line old-record-id-doxlgQFMVyMxySyj3mUqlc2ABbb" data-list="bullet"> <div>Engage with regulators and external auditors on market risk matters related to the liquidity management business as required</div> </li> </ul> <div class=" old-record-id-doxlgPfN4pOkLuCS9omUq0VC86g" data-type="divider"><hr></div> <h2 class="heading-2 ace-line old-record-id-doxlgfyR3Lwi7KLqwsGJPMD5o3e">What We Look For In You</h2> <h3 class="heading-3 ace-line old-record-id-doxlghiwl364QAJt2IVAZqxghPd">Qualifications &amp; Experience</h3> <ul class="list-bullet1"> <li class="ace-line ace-line old-record-id-doxlgKG77fYGSjXti3Q5vHt1zCm" data-list="bullet"> <div>Bachelor's Degree required, preferably in Finance, Mathematics, Statistics, Engineering, or a related quantitative field; advanced degree (MSc, PhD) is a plus</div> </li> <li class="ace-line ace-line old-record-id-doxlgDamSza9JAofMreatKEATib" data-list="bullet"> <div>7–10+ years of experience in market risk management at a crypto market making firm, proprietary trading house, Tier-1 crypto exchange, or major financial institution with a significant market making business</div> </li> <li class="ace-line ace-line old-record-id-doxlgGyTb5MYmC068QkNPLufJUd" data-list="bullet"> <div>Direct, hands-on experience managing market risk for market making or principal trading desks — not solely exchange-level or client risk management</div> </li> <li class="ace-line ace-line old-record-id-VaXQdGg7oo63HpxYc2PlSW1CgTf" data-list="bullet"> <div>Experience in risk management in gambling/betting industry is a plus</div> </li> </ul> <h3 class="heading-3 ace-line old-record-id-doxlgHVQF3Vt29KeoClR3RY0wDb">Technical &amp; Product Knowledge</h3> <ul class="list-bullet1"> <li class="ace-line ace-line old-record-id-doxlgWAZNTGaN9sgXShETpYdM7d" data-list="bullet"> <div>Deep knowledge of crypto and traditional financial products including spot, perpetual swaps, dated futures, structured products, barrier options (knock-in/knock-out), and vanilla options</div> </li> <li class="ace-line ace-line old-record-id-doxlgYBNjWeX9tsZy13mndr27Pm" data-list="bullet"> <div>Proficiency in risk metrics including VaR, Expected Shortfall, and stress testing, as well as Greeks management (delta, gamma, vega, theta) for options-heavy books</div> </li> <li class="ace-line ace-line old-record-id-doxlg4Phq9k8JlK976Ydu7ydq5e" data-list="bullet"> <div>Strong understanding of PnL attribution methodologies: ability to decompose and explain daily trading PnL across Greeks, carry, vol carry, and unexplained residuals</div> </li> <li class="ace-line ace-line old-record-id-doxlgTDqbGVJF7sGWUPFd3ZRylm" data-list="bullet"> <div>Working knowledge of crypto-native risk mechanisms including margin systems, liquidation engines, and auto-deleveraging (ADL) protocols on centralised exchanges</div> </li> <li class="ace-line ace-line old-record-id-doxlg7NmplTKuY4LWU3Xl9xPwfd" data-list="bullet"> <div>Experience with stop-loss framework design and management: defining appropriate thresholds, monitoring intraday, and escalating breaches effectively</div> </li> <li class="ace-line ace-line old-record-id-doxlgix4rmoK5WdYEqavlsgnfqh" data-list="bullet"> <div>Familiarity with margin optimisation across multiple trading venues and understanding of cross-margining and portfolio margining concepts</div> </li> </ul> <h3 class="heading-3 ace-line old-record-id-doxlgDRdhdo314vETanJZyWDzmd">Analytical &amp; Communication Skills</h3> <ul class="list-bullet1"> <li class="ace-line ace-line old-record-id-doxlgrxBd72HPilIpSh5wcpbX4d" data-list="bullet"> <div>Strong quantitative skills with the ability to build and validate risk models; proficiency in Python or similar for data analysis and risk metric calculation</div> </li> <li class="ace-line ace-line old-record-id-doxlgmLUVcnWRJwXKv6dcwb0Rzm" data-list="bullet"> <div>Comfortable leveraging AI tools and automation to streamline risk monitoring and reporting workflows</div> </li> <li class="ace-line ace-line old-record-id-doxlg0rtveBQm3iiXbCLpBcdyyd" data-list="bullet"> <div>Excellent communication skills; able to present complex risk findings clearly to traders, desk heads, and senior non-technical stakeholders</div> </li> <li class="ace-line ace-line old-record-id-doxlgi1dcFXCUgcb6HydCoemSQm" data-list="bullet"> <div>Collaborative, execution-focused mindset with a track record of operating effectively in fast-paced, high-pressure trading environments</div> </li> </ul> <h3 class="heading-3 ace-line old-record-id-doxlg87FRlGFbrwCRC6qu6bMljb">Professional Qualifications</h3> <ul class="list-bullet1"> <li class="ace-line ace-line old-record-id-doxlg5LB922x5IMg9r1Sv1ux3Hh" data-list="bullet"> <div>CFA, FRM, PRM, or equivalent professional qualification preferred</div> </li> </ul> <div class=" old-record-id-doxlgXXO8zC753QoX7alC8iCmvg" data-type="divider"><hr></div> <h2 class="heading-2 ace-line old-record-id-doxlgdO7Xgbkkumw0SWBni51N2d">Why Join Us</h2> <ul class="list-bullet1"> <li class="ace-line ace-line old-record-id-doxlgiHNeqB1aJGnFLcEi2WzBQf" data-list="bullet"> <div>Work at the cutting edge of crypto market making — one of the most technically demanding risk disciplines in financial markets</div> </li> <li class="ace-line ace-line old-record-id-doxlgBl3OhnnCi1CYNnyH54qRNf" data-list="bullet"> <div>Collaborate daily with world-class traders and quants on structuring and hedging complex payoffs</div> </li> <li class="ace-line ace-line old-record-id-doxlgBfVd13TjcGdCLLww4vfkTe" data-list="bullet"> <div>Shape the risk framework of a high-growth business with real autonomy and impact</div> </li> <li class="ace-line ace-line old-record-id-doxlgWCIDLmVpUEdpQ6Tncy07ud" data-list="bullet"> <div>Competitive compensation, flexible working, and a culture that rewards ownership and initiative</div> </li> </ul> <div class=" old-record-id-doxlg9vqCjQfBGUSdtna0PlVbne" data-type="divider"><hr></div> <div class="ace-line ace-line old-record-id-doxlgC1xEc9H9fiSNwotbNZR4Bb"><em>Confidential · OKG</em></div> </div><div class="content-conclusion"><div data-lark-html-role="root"><span class="text-only" data-eleid="18"><span class="text-only"><span class="text-only" data-eleid="6">Notice:<br></span></span></span> <div data-lark-html-role="root"><span class="text-only" data-eleid="26"><span class="text-only">All official </span><span class="text-only text-with-abbreviation text-with-abbreviation-bottomline">OKX</span><span class="text-only"> vacancies are published on this website.</span></span> <span class="text-only" data-eleid="28"><span class="text-only">While roles may appear on selected third-party platforms from time to time, information on other sites may be inaccurate or outdated. </span></span><strong><span class="text-only" data-eleid="29"><span class="text-only">If in doubt, please apply directly through our official careers website.</span></span></strong></div> </div> <div data-lark-html-role="root"><span class="text-only" data-eleid="18"><span class="text-only">Information collected and processed as part of the recruitment process of any job application you choose to submit is subject to&nbsp;</span><span class="text-only text-with-abbreviation text-with-abbreviation-bottomline">OKX</span><span class="text-only">'s </span></span><a class="link rich-text-anchor __anchor-intercept-flag__ text-content-link" href="https://www.okx.com/en-eu/help/okx-candidate-privacy-notice" target="_blank" data-eleid="19" data-lark-is-custom="true" data-lark-link="true">Candidate Privacy Notice</a><span class="text-only" data-eleid="20"><span class="text-only">.</span></span></div></div>