This is a remote position.
Our esteemed client, a pioneering firm in the domain of algorithmic trading, is actively searching for a seasoned CRO. If you're an accomplished professional with a passion for the nuances of algorithmic trading and aspire to be at the cutting edge of financial innovation, this role is crafted just for you. The Chief Risk Officer (CRO) will be the cornerstone of companies’ trading operations, ensuring the resilience and compliance of our activities. With a strategic vision and a keen eye for detail, the CRO will lead our risk management initiatives across all trading platforms and models.
About the Company:
Our client stands at the forefront of algorithmic trading, offering an end-to-end experience - from the ideation of ground-breaking trading strategies and algorithms to the culmination of software development.
Here’s what makes them distinct:
● Exclusivity: Their unique proprietary platform is reserved for internal use, ensuring an unswerving and refined trading journey.
● Private & Independent: They function as an autonomous entity, trading exclusively with their capital.
● Market-Maker Status: Earning accolades as a market-maker on premier exchanges, their prowess covers a wide spectrum of assets. Impressively, they are positioned amongst the top echelons of global entities trading in cryptocurrencies.
● Trading Specialty: Their niche lies in synthetic spot transactions.
● Stellar Legacy: In a span of just six years, they've carved significant niches in the domain of digital asset trading. Now, they have set their sights on venturing into traditional markets and dabbling with conventional financial instruments.
● Active Markets: Engagements span across regions like China, India, CIS, ICE, and MOEX, with imminent ventures into Brazil, Korea, and preparations in the pipeline for Malaysia, Vietnam, and Thailand.
● Jurisdictions: Their conglomerate thrives across locations like the USA, Switzerland, and the UAE, and they are in the advanced stages of procuring a FINMA license in Switzerland.
● Their Cohort: At their core, they are a tech-centric entity. Of their cohesive 100-member brigade, a whopping 70% are tech aficionados, diving deep into realms like development, infrastructure, testing, and analytics. The remaining cadre focuses on pivotal business units, spanning operations, legal frameworks, financial strategy, and more.
Responsibilities:
Strategy Development: Craft and execute risk management strategies that arein harmony with our corporate goals and trading dynamics.
Market Analysis & Optimization: Conduct exhaustive market research to
pinpoint risks, analyze trends, and leverage data to refine trading strategies.
Team Building: Spearhead the recruitment and development of a high-caliber
trading team, ensuring a blend of talent and expertise.
Model Validation: Supervise the validation of HFT and MFT quantitative
models, guaranteeing their efficacy, accuracy, and regulatory adherence.
Real-Time Monitoring: Deploy cutting-edge systems for the continuous
monitoring of trading activities, promptly addressing any irregularities or risk
breaches.
Regulatory Compliance: Keep the firm at the forefront of financial regulatory
standards, actively engaging with regulators and industry bodies.
Collaboration: Foster a culture of risk awareness, working closely with traders,
quants, and IT to embed risk management deeply within our operations.
Reporting: Regularly report to executive leadership, providing insights on risk
exposure, market opportunities, and strategic recommendations.
Requirements
Proven Experience: A track record of success in risk management within the
realm of algorithmic trading.
Market Expertise: A deep understanding of financial markets, advanced
trading strategies, and quantitative analysis.
Analytical Proficiency: Exceptional analytical abilities with a history of making
data-driven decisions under pressure.
Regulatory Knowledge: A solid grasp of the financial industry’s regulatory
landscape and compliance obligations.
Communication Skills: Outstanding ability to communicate complex concepts
clearly across all levels of the organization and with external partners.
Educational Background: A preferred advanced degree in finance,
mathematics, economics, or a related discipline.
Benefits
Innovative Work Environment: Be part of a state-of-the-art, global tech team that cherishes innovation and is devoid of bureaucratic hindrances.
Career Growth: Enjoy unparalleled opportunities for professional and personal growth, access to industry-leading mentors, and invitations to professional seminars globally.
Flexibility: Relish the freedom to work remotely from any corner of the globe, ensuring a harmonious work-life balance.
Competitive Compensation: Receive a highly competitive fixed income, reflecting your expertise and contribution to the team.
Long-term Incentives: Be part of a system that values longevity and dedication, offering long-term stimulation mechanisms to reward consistent performers.
Join an elite team that's sculpting the next era of algorithmic trade. Your expertise won't just be recognized—it'll be instrumental in driving success. As a dedicated headhunter in this domain, I, at Torchinsky, understand the unique value you bring. If our outlined profile resonates with your capabilities and aspirations, we urge you to grasp this unparalleled opportunity and etch your legacy in the industry.
