Head of Market Risk

Head of Market Risk

Amsterdam (hybrid) preferred, EU-wide considered

WTalent is partnering with a regulated European trading venue, authorised under MiFID II and MiCAR, on a confidential search for a Head of Market Risk.

The venue offers institutional and eligible retail clients 24/7 trading in crypto spot and derivatives, and is expanding into traditional financial markets with a broad roadmap of new asset classes, products and partnerships.

THE ROLE

A hands-on leadership role owning market risk across 24/7 spot and derivatives markets. You will oversee trading controls, margin and liquidations and market maker relationships, and you will be accountable for keeping markets orderly, including decisions on trading halts and other interventions. You will work closely with Trading Operations, Engineering, Product and Compliance, and help assess the risk of new products ahead of launch.

WHAT YOU'LL DO

• Build and maintain market risk frameworks, policies, limits and KRIs, monitoring volatility, liquidity, leverage and concentration risk
• Oversee trading controls including price collars, circuit breakers, order limits and kill switches
• Challenge margin methodologies, collateral requirements, liquidation mechanisms, and pricing and reference rates
• Own market maker relationships and hold liquidity providers to KPIs, SLAs and trading obligations
• Lead stress testing and scenario analysis for extreme moves and liquidity disruption
• Report to senior management and support new product launches from a risk perspective

WHAT YOU'LL BRING

• 5+ years in market risk, trading risk or quantitative risk at an exchange, trading venue, broker or market maker
• Strong grasp of derivatives, market microstructure, leverage, margin and liquidations
• Practical experience of pre-trade controls, circuit breakers and trading halts in automated, always-on markets
• Experience working with market makers or liquidity providers, including performance monitoring
• Understanding of MiFID II venue requirements, including the OTF/MTF distinction
• Quantitative strength; Python or SQL is an advantage
• Sound judgement under pressure and the confidence to provide independent challenge
• Business-level English; Dutch, MiCAR and digital-asset experience, and FRM, PRM or CFA are advantages

WHO WILL SUCCEED

• Ideally someone from a derivatives exchange, or from a market maker that understands derivatives and trading in depth.

WHAT'S ON OFFER

• Lead market risk at a regulated, fast-growing venue, with real autonomy and influence over market stability
• A central role in launching new products
• Competitive compensation

To discuss in confidence, message me directly. The client's name will be shared at the appropriate stage.

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