Market Risk Manager

Central Region, Singapore
Permanent
Full-time

2 months ago
Apply easily

QCP is Asia's leading digital asset partner, empowering clients to seamlessly integrate digital assets into their portfolios.We offer a comprehensive suite of solutions, including spot on/off ramping, fixed income strategies, vanilla options, and bespoke exotics. Since our founding in 2017, we have navigated three market cycles and established ourselves at the nexus of institutional finance and crypto ecosystems.Driven by the vision of becoming the most trusted partner in digital asset markets, we deliver innovative solutions that embed digital assets into every portfolio, balance sheet, and treasury strategy.We prioritize trusted partnerships, putting client success and care at the heart of everything we do.ResponsibilitiesReporting to the Head of Group Risk, the Market Risk Manager will be responsible for overseeing market risk management across QCP’s trading books. This includes developing and implementing risk models, frameworks, and controls to support both internal decision-making and regulatory compliance.1. Market Risk Framework & Governance

Design and implement a robust market risk framework aligned with the firm’s risk appetite and regulatory requirements.
Propose enhancements to existing risk governance structures and methodologies.

2. Risk Modelling & Measurement

Develop models to quantify firm-wide exposure across crypto spot and derivatives products.
Ensure accurate, real-time monitoring of risk metrics such as VaR, CVaR, and stress testing.
Support new product launches through identification of market risk factors and definition of risk limits.

3. Risk Monitoring & Control

Monitor trading activity and exposures to ensure compliance with internal limits and risk thresholds.
Recommend and implement trading limits and stop-loss measures in collaboration with senior management.
Oversee daily risk monitoring and ensure readiness for stress scenarios and backtesting processes.

4. Market Analysis & Reporting

Produce regular and ad-hoc market risk reports and dashboards for senior management.
Conduct reviews and analyses of trading book exposures and emerging market risks.
Lead independent risk reviews and effectively communicate findings with business stakeholders.

5. Crypto-Specific Risk Management

Identify, assess, and escalate emerging risks from crypto market innovations, including changes in blockchain protocols or product design.
Monitor exposures across blockchain layers and ensure transparency in risk management.
Maintain oversight of client positions, terms, and margin usage, with appropriate breach management protocols.

6. Regulatory & Conduct Expectations

Uphold high standards of ethics and regulatory compliance, both in spirit and in practice.
Lead engagements with regulators on matters related to market risk.
Proactively guide the business through regulatory developments and implement compliant risk practices.
Foster a culture of risk awareness, escalation, and resolution across the firm.

Requirements

Experienced market risk professional with deep knowledge of options and FX/interest rate derivatives.
Familiar with risk modelling tools; basic coding skills in Python or R preferred.
Passionate about crypto, with working knowledge of DeFi protocols (e.g., AMMs, lending/borrowing, option vaults).
Understands the structure and nuances of crypto derivatives markets (perpetuals, term futures, options).
Curious, adaptable, and eager to deepen understanding of digital assets and their risk characteristics.
Comfortable operating in a fast-paced, flat, and collaborative start-up environment.

BenefitsThe Environment We OfferAs a growing firm with a tightly-knit team, we respect and listen to all our employees. You will get the chance to make an impact by having your voice heard by everyone, including the management.Our employees enjoy a high level of autonomy at work. We focus on substance, not form - as long as you can perform, you will be recognized and rewarded. We are also dedicated to supporting our staff and ensuring they develop holistically to maximize their potential in the long- term.We also provide flexible working arrangement as required and a casual and fun environment to boot!

QCP Capital