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Bybit

Head of Trading Risk

Posted 5 Days Ago
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Remote
Hiring Remotely in Australia
Senior level
Remote
Hiring Remotely in Australia
Senior level
Leads the newly formed Trading Risk team and owns business risk operations, risk logic, monitoring, controls, and incident response across spot, derivatives, lending, and earn products. The role establishes risk frameworks, parameters, alert systems, and escalation protocols; partners with Product, Engineering, and Operations; oversees risk model development; and builds a high-performing risk organization.
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About Us

Established in 2018, Bybit is one of the world’s leading cryptocurrency exchanges and digital financial platforms, serving over 80 million users across more than 200 countries and regions. Powered by world-class technology and a user-first mindset, Bybit delivers a seamless ecosystem across trading, payments, wealth management, custody, institutional services, and Web3 — connecting users to the future of digital finance.
 
Our core values define how we build. We listen, care and improve to create products and experiences that put users first. Backed by a global team of ambitious builders, problem-solvers, and innovators, we foster a high-performance and fast-moving environment where talent is empowered to drive real impact at the global scale. Supported by 24/7 multilingual customer service and a strong commitment to innovation, we are shaping the future of finance through technology, collaboration, and bold execution.
 
Today, Bybit is recognized as one of the most trusted and transparent platforms in the digital asset industry, continuing to expand its global presence while building the infrastructure for the next generation of financial services.
 
  • About the Role

     
    We are looking for a senior leader to head our newly formed Trading Risk team. This is a critical leadership role created as part of a strategic reorganization to consolidate all business-risk-related functions across our trading verticals into a single, dedicated team. The Head of Trading Risk will own end-to-end business risk operations and logic design across multiple product lines, reporting directly to senior leadership.
     
    Key Responsibilities
     
    Team Leadership & Strategy
     
    • Lead and grow the Trading Risk team, setting the strategic vision for business risk management across the organization
    • Build a high-performing, risk-focused culture with strong accountability and ownership
    • Define team OKRs, establish performance standards, and drive continuous improvement
    • Collaborate closely with Product, Engineering, and Operations teams to embed risk thinking into product development
     
    Risk Coverage — Multi-Product Line Oversight
     
    • Own business risk operations and logic design across:
    • Spot Trading — market risk, counterparty exposure, and trading anomaly detection
    • Derivatives (Futures, Options, CFD, Perps) — margin risk, liquidation logic, settlement risk, and position limits
    • Loan / Earn — collateral risk, interest rate risk, and protocol-level exposure management
    • Design and maintain risk control frameworks, alert systems, and escalation protocols for each product line
    • Conduct ongoing risk assessments for new product launches and feature changes
    • Provide risk-related logic design recommendations and improvement proposals for all business units
     
    Operational Risk Management
     
    • Oversee real-time risk monitoring systems and ensure timely incident response
    • Define and enforce risk parameters (position limits, margin requirements, circuit breakers, etc.)
    • Lead post-mortem analysis on risk incidents and drive systematic remediation
    • Work with the Engineering/Tech team to ensure risk control systems are robust, scalable, and properly maintained
     
    Requirements
     
    Must-Have
     
    • 8+ years of experience in risk management within financial services, fintech, or crypto/digital assets
    • 3+ years in a leadership role managing risk teams (team size 5+)
    • Deep understanding of derivatives risk (futures, options, perpetual swaps, CFDs) — including margin models, liquidation engines, and settlement processes
    • Experience with multi-product risk management covering at least 3 of: spot, derivatives, lending, earn/yield products
    • Strong quantitative background — ability to design and validate risk models, parameters, and control logic
    • Excellent communication skills — able to translate complex risk concepts for product and business stakeholders
    • Proven ability to build and scale risk teams from the ground up or through significant transformation
    • AI-first mindset — actively leverages AI/ML tools and techniques to enhance risk detection, automate workflows, and improve decision-making efficiency
    • Programming proficiency in Python and/or C++ — able to build risk models, prototype monitoring tools, and work directly with quantitative codebases
    • Fluent in English; proficiency in Mandarin Chinese is strongly preferred
     
    Nice-to-Have
     
    • Experience in crypto/digital asset exchanges or high-frequency/algorithmic trading environments
    • Background in TradFi risk management (banks, prop trading, hedge funds) transitioning to crypto
    • Familiarity with market surveillance tools and techniques
    • Experience with risk-related system architecture and working closely with engineering teams
    • Advanced degree (MSc/PhD) in quantitative finance, financial engineering, mathematics, or related field
     
    What We Offer
     
    • Direct leadership of a strategically important, newly formed team with executive visibility
    • Opportunity to define risk frameworks from the ground up across an expanding product ecosystem
    • Competitive compensation package commensurate with experience
    • Fast-paced environment with real impact on business decisions

Why Join Us
At Bybit, we are committed to fostering a supportive and enriching work environment. 
Our benefits include:
- Study Growth Fund: We support your professional development and continuous learning.
- Internal Events: Participate in regular team-building activities, workshops, and events designed to promote collaboration and innovation.
- Global Collaboration: Be part of a diverse, international team, working alongside colleagues from around the world.
- Career Advancement: Access opportunities for growth and advancement within a rapidly expanding global company.
- Internal Mobility: Grow with us- Your long-term development is important to us. We offer internal job opportunities to help build your career path.

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