Web3 Quant Jobs in Hong Kong, Hong Kong SAR

The exchange team develops and maintain a cutting-edge trading platform. With a global presence across APAC, EMEA and North America, the team has since grown with the goal to provide a seamless and secure trading experience for our clients.

We are looking for a risk manager to join the CDNA Clearing Organisation. The position is based in Asia to give the clearing house risk coverage outside US hours, so you will be the first line of response for overnight incidents. The emphasis is on clearing risk and operations, but you will also contribute to the margin and stress-testing models behind them. You will be contributing to the building of a fast-growth trading platform with innovative, multi-asset products bridging traditional finance (TradFi) and digital markets. For all roles, we look for people who are passionate about financial market innovation, equipped with energy, act as owners, and have exemplary work ethics.

Responsibilities

• Provide primary risk coverage during Asian and European hours, monitoring clearing member exposures and margin adequacy in real time and escalating breaches, abnormal activity, and position spikes to senior management.
• Oversee end-of-day settlement pricing processes and ensure the accuracy of cross-asset pricing data used for margin calculations and default management.
• Oversee the risk components of client onboarding and provide ongoing market, credit, and liquidity risk monitoring.
• Run the operational risk controls of the clearing house: guaranty fund and financial resource sufficiency, collateral eligibility and haircuts, and clearing member position limits and reportable thresholds.
• Calibrate and execute stress testing and reverse stress testing of clearing member portfolios, and support default management drills and the associated reporting.
• Design business requirements for clearing risk monitoring, including the daily risk pack for management.
• Manage and respond to regulatory requests, routine audits, and inquiries from governing bodies (e.g., CFTC, NFA, SEC).
• Drive new product listing and product design from a clearing perspective, ensuring appropriate risk controls and cross-margining efficiencies are in place where applicable.
• Lead the design and implementation of margin models, default management and liquidation strategies for the Clearing House, stepping in during operational issues with clearing members.
• Perform quantitative research to evaluate default management procedures and systemic risk exposure.

Requirements

• 5 to 10+ years of relevant working experience in clearinghouse risk, default management, operations, or a related field (experience with a CCP is a strong plus).
• Degree or above in a quantitative discipline, with professional qualifications such as CFA and FRM an added advantage.
• Proficient in Python and SQL.
• Strong understanding of equities, commodity products, futures, perpetuals, and other derivatives, including robust knowledge of pricing, valuation, funding rates, and cross-asset risk correlation.
• Solid understanding of margin concepts, liquidations, Default Management frameworks, and direct trading experience (personal or professional).
• Familiarity with CFTC, NFA, and SEC regulations, specifically as they apply to clearinghouses and DCO rules, is a strong plus.
• Good organizational and interpersonal skills, and the ability to think critically and strive for continuous improvement.
• Deep familiarity with clearing house rulebooks, policies, and submission procedures required to maintain operational compliance and risk governance.
• A track record of making decisive operational risk calls with limited support during off-hours incidents, and of documenting them clearly for review the following morning.
• Excellent written and verbal communication, with the ability to turn detailed risk metrics into clear summaries for senior leadership, clearing members, and regulators. 

Life @ Crypto.comEmpowered to think big. Try new opportunities while working with a talented, ambitious and supportive team.Transformational and proactive working environment. Empower employees to find thoughtful and innovative solutions.Growth from within. We help to develop new skill-sets that would impact the shaping of your personal and professional growth.Work Culture. Our colleagues are some of the best in the industry; we are all here to help and support one another.One cohesive team. Engage stakeholders to achieve our ultimate goal - Cryptocurrency in every wallet.Work Flexibility Adoption. Flexi-work hour and hybrid or remote set-upAspire career alternatives through us - our internal mobility program offers employees a new scope.Work Perks: crypto.com visa card provided upon joiningAre you ready to kickstart your future with us?BenefitsCompetitive salaryAttractive annual leave entitlement including: birthday, work anniversaryWork Flexibility Adoption. Flexi-work hour and hybrid or remote set-upAspire career alternatives through us. Our internal mobility program can offer employees a diverse scope.Work Perks: crypto.com visa card provided upon joiningOur Crypto.com benefits packages vary depending on region requirements, you can learn more from our talent acquisition team.About Crypto.com:Founded in 2016, Crypto.com serves more than 80 million customers and is the world's fastest growing global cryptocurrency platform. Our vision is simple: Cryptocurrency in Every Wallet™. Built on a foundation of security, privacy, and compliance, Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation and empowering the next generation of builders, creators, and entrepreneurs to develop a fairer and more equitable digital ecosystem.Learn more at https://crypto.com.Crypto.com is an equal opportunities employer and we are committed to creating an environment where opportunities are presented to everyone in a fair and transparent way. Crypto.com values diversity and inclusion, seeking candidates with a variety of backgrounds, perspectives, and skills that complement and strengthen our team.Personal data provided by applicants will be used for recruitment purposes only.Please note that only shortlisted candidates will be contacted.We may use artificial intelligence tools to analyze the content of your Resume/CV against the specific requirements for the position. The purpose is to support our recruitment team in reviewing applications more effectively. These tools assist our recruitment team in their evaluation of your application by providing recommendations, but they do not replace human judgment. Final hiring decisions are ultimately made by humans who consider the insights generated by the tools along with other relevant information. If you would like more details about how your personal information is processed, please contact us.