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CO

Head of Risk (Brazil Resident)

Confidential
Posted 2 hours ago
🇧🇷Brazil🏠Remote📁Legal & Compliance
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About the company

We are one of the world's earliest and most established digital asset platforms, serving tens of millions of users across global markets. Consistently ranked among the top exchanges worldwide, we support a comprehensive suite of trading and wealth management products across thousands of digital assets. With thousands of employees spanning key financial hubs globally, we operate with a remote-first, high-autonomy culture that attracts talent who thrive in fast-moving, intellectually demanding environments. We are building the financial infrastructure of the next era of the internet.


Why this role

We are entering the Brazilian market as a Banco Central do Brasil-authorised Virtual Asset Service Provider, and you would be our first Head of Risk on the ground. Under BCB Resolution 520/2025, VASPs are required to designate a statutory director responsible for risk management, capital management, and information disclosure — this is that seat. In your first year, you will have built the risk framework from zero, stood up the controls the regulator expects to see, and established the company's risk posture in a new market.


What you'll do

  • Hold statutory director responsibility for risk management and capital management at a BCB-authorised VASP, with personal accountability for acting in good faith and in the company's best interest
  • Design, implement and maintain an integrated risk management framework covering market risk, operational risk, liquidity risk, and credit risk as applicable to the VASP's activities
  • Own the risk management and capital adequacy policies required under BCB Resolution 520/2025, keeping them current and BCB-ready at all times
  • Act as the primary point of contact with the BCB on risk management matters, including audits, inspections, and ad hoc information requests
  • Maintain personal fitness and propriety; disclose, without prompting, anything that touches your fitness, propriety, or potential conflicts — to the company and to the BCB
  • Drive the VASP authorisation process forward on the risk workstream, including declarations and documentation the BCB requests on its own timeline


What you'll bring

Must-have

  • Brazilian permanent residency or citizenship, with the ability to maintain ordinary residency in Brazil for as long as the role requires
  • You hold no competing statutory director or officer seat at another regulated entity in Brazil
  • Direct risk management experience at a BCB-regulated financial institution (bank, securities broker, FX dealer) or at a crypto exchange/VASP — owning the risk framework, not just reporting into it
  • Hands-on experience across at least two of: market risk, operational risk, liquidity risk, or credit risk
  • Fluent in Portuguese and English, written and spoken
  • Willing to undergo a full BCB fit-and-proper review and disclose what it requires

Nice-to-have

  • Prior experience at a crypto exchange or VASP in a risk capacity
  • CFA, FRM, or equivalent risk certification
  • Direct prior engagement with BCB on risk management audits or inspections
  • Experience with capital adequacy frameworks applicable to BCB-regulated institutions


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