Market Risk & Product Control

BitMEX logoBitMEX

Apr 13

BitMEX is one of the earliest cryptocurrency exchanges with a derivatives trading platform. BitMEX was founded in 2014. However, it was with the introduction of perpetual futures that the exchange became immensely popular.

BitMEX truly revolutionised the industry by introducing perpetual industry and changed how traders thought of trading Bitcoin. The exchange is registered in Seychelles.

BitMEX is mainly based out of Hong Kong. However, they do have offices in other US cities such as Chicago, Milwaukee, New York, and San Francisco.

If you're looking for BitMEX Jobs, expect to be extremely competent. With the popularity of the exchange, they expect their employees to be the best in their fields. If you feel you are, check out some of the jobs below:

About Us

BitMEX stands as a globally leading exchange for crypto derivatives, offering traders a professional-grade trading platform. Since its inception in 2014, BitMEX has maintained an impeccable security record with “no coin lost, ever!”.

Our platform caters to cryptocurrency derivatives traders by providing low latency, deep liquidity, and maximum availability. Currently, BitMEX offers more than 100 derivatives contracts, 11 pairs for spot trading, and an easy covert function between 30 different cryptocurrencies.

In 2015, BitMEX revolutionised the market by inventing the Perpetual Swap, which has since become the most widely traded crypto product. Demonstrating a commitment to transparency, since 2021, BitMEX has been among the first exchanges to regularly publish its on-chain Proof of Reserves and Proof of Liabilities, ensuring that the funds available exceed the total client balances."

For more information on BitMEX, company initiatives, product listings, launches and competitions, please visit the BitMEX Blog or www.bitmex.com, and follow our Discord, Telegram and Twitter.

Overview

The core responsibility of this role is to maintain and enhance a strong risk control infrastructure around the revenue-generating capabilities of the firm. You’ll be expected to challenge and partner with the business to optimise risk and financial returns. You’ll  also be involved in various other functions, including treasury, product control, and management reporting.

Key Responsibilities 

  • To further enhance the existing Group Risk Management Framework, related policies and controls
  • To maintain and further develop the existing risk management tools and provide regular risk reporting to senior management
  • To enhance control infrastructure around the trading function of the firm by: 
    • Ensuring the accuracy of relevant P&L and Balance sheet positions reported in the management reporting tools and that the applicable reconciliations have been completed and all issues identified/resolved
    • Performing Independent Price Verification (IPV) of traders marks against external pricing sources
    • Providing commentary on P&L swings and variance investigation
  • To participate in the design and launching of new products, and establish/refine risk control policy and procedures for such products
  • To monitor potential non-financial risks and work with Legal and Compliance team within the Group to mitigate the risks

Qualifications 

  • Bachelor Degree or above in a quantitative discipline such as quantitative risk management or related disciplines
  • Minimum of 3 years’ experience in market risk management and product control
  • Sound knowledge of financial products and strong affinity towards data reconciliation, Excel and programming skills
  • Strong interpersonal and communications skills
  • FRM holder is preferable
  • Experience in credit risk management is a plus
  • Fluency in English, both written and verbal

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Listed in: Crypto Jobs, Web3 Web3 Jobs, Non Tech Web3 Jobs, Trading Web3 Jobs, Legal Crypto Jobs, Security Crypto Jobs, Exchange Web3 Jobs, Compliance Web3 Jobs, Discord Web3 Jobs, Senior Web3 Jobs, Data Web3 Jobs, Full Time Web3 Jobs.

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6 applications