Head of Market Risk

Overview

This role leads the market-risk function for a B2B prediction-market platform where market operators offer prediction markets under their own brands. The Head of Market Risk will define limits, models, monitoring, and escalation mechanisms to protect the platform across normal conditions, market stress, data failures, and unusual participant behavior.

Responsibilities

• Develop the risk framework across exposure, liquidity, concentration, volatility, settlement, and counterparties.
• Set risk appetite, limits, triggers, and escalation protocols for markets, participants, and liquidity providers.
• Build real-time dashboards and early-warning indicators in partnership with data, quantitative, and engineering teams.
• Design stress tests for extreme outcomes, correlated events, rapid information shocks, and market closures.
• Review new market categories, contract structures, and liquidity programs prior to approval.
• Lead incident response for limit breaches, pricing anomalies, data failures, and disorderly markets.

Requirements

• 10+ years of experience in market risk, trading risk, exchange risk, clearing, or quantitative risk.
• Deep understanding of electronic trading, liquidity, exposure measurement, limit systems, and stress testing.
• Experience building or materially improving risk frameworks, models, and management reporting.
• Strong quantitative judgment when models and real-world conditions diverge.
• Clear cross-functional communication and calm leadership during high-pressure events.

Compensation & Benefits

• Not specified in the provided job description.

Location

• Not specified in the provided job description.